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Pending

1040 Drummond Avenue

Charlotte, NC 28205

Pending CDOM: 121 days Price cut to $525,000 Aug 17, 2026 Listing ID CAR 299024048

$525,000
Est. $3,333/mo20% down · 7.125% · 30-yrAdjust
  • P&I$2,830
  • Taxes$328
  • Insurance$175

Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.

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$445/Sq Ft

3 bd · 1 ba · 1,181 sqft · $445/sqft

3 Beds
1 Bath
1,181 Sq Ft
$445/Sq Ft
1948 Built
.26 acres Single Family Residence Plaza Hills Listed Apr 6, 2026 Updated Sep 9, 2026 HOA None

About This Home

Prime Location, Endless Potential — Sold AS IS!

Here's your chance to get into one of Charlotte's hottest neighborhoods at an incredible value! Located just minutes from Uptown, NoDa, and North Campus, this property needs some TLC but offers huge upside for the right buyer. Perfect for a first-time buyer ready to build sweat equity, or an investor looking for a high-return project — this home is zoned for a duplex, triplex, or quadplex, opening the door to redevelopment, rental income, or a full renovation. Nearby homes in this sought-after pocket of Charlotte are selling for over $1 million, making this a rare opportunity to buy in below market value with serious room to grow. You're steps from eclectic dining, breweries, arts venues, and the Light Rail — walkability and lifestyle appeal that keeps this area in high demand. Strong rental comps, booming growth, and a prime location make this a smart buy whether you're planning to renovate, rebuild, or hold long-term. Homes like this don't last — bring your vision and make it yours!

Serious inquiries only.

Property history

  1. Sep 9, 2026
    Went pending $525,000 Pending
    Status: Pending
  2. Aug 27, 2026
    Went pending $525,000 Pending
    Active -> Pending
  3. Aug 17, 2026
    Price reduced $525,000 Active
    Was $565,000
Show 5 more Show less
  1. Aug 17, 2026
    Price reduced $525,000 Pending
    Was $565,000
  2. Jul 22, 2026
    Price reduced $565,000 Active
    Was $575,000
  3. Jun 24, 2026
    Back on market $575,000 Active
    Pending -> Active
  4. Jun 2, 2026
    Went pending $575,000 Pending
    Active -> Pending
  5. Apr 6, 2026
    Listed for sale $575,000 Pending
    CDOM: 121 days

Property Details

Interior Details

Heating
  • Natural Gas
Room Count
1
Half Bathrooms
0
Total Bathrooms
1
Main Level Sq Ft
1181
Main Level Bedrooms
3
Main Level Full Baths
1
Main Level Half Baths
0

Dwelling And Structure

Construction Type
Site Built
Architectural Style
  • Ranch
Additional Property Sub Type
Garden

Square Footage And Levels

Levels
  • One
Above Grade Finished Area
1181

Parking And Garage

Parking Features
  • Driveway

Exterior Features

Construction Materials
  • Aluminum
  • Vinyl

Lot And Land

Lot Features
  • Cleared
  • Level
Land Included
Yes
Lot Size Acres
0.26
Lot Size Units
Acres
Lot Size Dimensions
33x47x119x35x76x100

Basement And Foundation

Foundation Details
  • Crawl Space

Utilities

Sewer
  • Public Sewer
Water Source
  • City

Financial Information

City Taxes Paid To
Charlotte

Zoning And Restrictions

Zoning
Res

Listed by Jennifer Bellinger (704-817-1076) · ERA Live Moore (704-393-0048)

Location

Address
1040 Drummond Avenue
City
Charlotte, NC 28205
Community
Plaza Hills
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Schools

Elementary
Villa Heights

School assignments may change. Contact the school district to confirm.

Canopy MLS

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1040 Drummond Avenue, Charlotte, NC, 28205

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