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Villa Heights
1/48
$1.9M

$1,899,000

1909 Pegram Street

14Beds
7Baths
5,621Sq Ft
1968Built

About This Property

Nestled in the heart of Charlotte’s vibrant Villa Heights neighborhood, 1909 and 1917 Pegram Street present a rare and compelling investment opportunity. These two multifamily properties—a triplex at 1909 Pegram St. and a quadraplex at 1917 Pegram St.—are offered together as a seven-unit portfolio, each on its own parcel but sold as a unified investment. Just a short walk from the bustling NODA district, residents enjoy immediate access to Charlotte’s premier nightlife, restaurants, breweries, and the Lynx Blue Line, making this location highly desirable for both short-term and long-term tenants.

Both buildings underwent a complete renovation in 2020, transforming them into modern, turnkey residences. Each unit is thoughtfully outfitted with a full appliance package, including stackable washer/dryer units, ensuring convenience and comfort for tenants. The interiors are fully furnished, reflecting the properties’ history as corporate short-term rentals for the past five years. This setup allows a new owner to seamlessly continue short-term operations or pivot to long-term leasing strategies.

The exterior spaces are equally appealing, featuring green space shaded by mature trees and a fenced-in dog/play park, enhancing the livability and charm of the community. With all units vacated intentionally at the end of October 2025, the portfolio offers a clean slate for investors to place vetted tenants on their own terms, maximizing rental income and operational control.

Quick Facts

Time on Site

3 months ago

Property Type

ResidentialIncome

Year Built

1968

Price/Sq.Ft.

$338

Property Details
Bedrooms:
14
Bathrooms:
7
Living Area:
5,621 SqFt
Total Area:
5,621 SqFt
Sub-Type:
Sevenplex
Schools
Elementary:
Unspecified
Middle:
Unspecified
High:
Unspecified
School assignments may change. Contact the school district to confirm.

Features & Amenities

Location & Map

Address

1909 Pegram Street, Charlotte, NC 28205

Community

Villa Heights

Map View

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Additional Information

Utilities

Sewer
  • Public Sewer
Utilities
  • Cable Available
Water Source
  • City

Lot And Land

Fencing
  • Fenced
Lot Features
  • Infill Lot
Lot Size Units
Acres

Agent Contacts

Listing Agent
Listing agent: Peter Rieke (704-575-1993)
Listing Office
Listing provided courtesy of: Coldwell Banker Realty (704-541-5111)
Request Showing
  • Palmetto Park Realty Team Fort Mill: 803.548.6123
Source Identification
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record. Learn more.

Interior Details

Heating
  • Heat Pump
Flooring
  • Vinyl
  • Wood
Half Bathrooms
4
Window Features
  • Insulated Window(s)
Laundry Features
  • Utility Room
Interior Features
  • Cable Prewire
Main Level Garage Y N
0

Exterior Features

Roof
  • Architectural Shingle
Construction Materials
  • Brick Full
  • Wood

Multi Unit Details

Total Number Of Units
7

Parking And Garage

Parking Features
  • Parking Lot
  • Other - See Remarks

Financial Information

City Taxes Paid To
Charlotte

Basement And Foundation

Foundation Details
  • Crawl Space
  • Slab

Zoning And Restrictions

Zoning Specification
N1- C

Square Footage And Levels

Above Grade Finished Area
5621
Below Grade Finished Area
0

Additional C A R Information

Assumable
No
Auction Y N
0
C C R Subject To
No
Owner Agent Y N
0
Restrictions
Short Term Rental Allowed
Deed Reference
34770-628
Construction Type
Site Built
Attribution Contact
Mls Major Change Type
Withdrawn
Attribution Type Listing
List Agent Email
Green Verification Count
0
Syndicate Participation
Participant Options
Property Sub Type Additional
N/ A
Canopy MLS

IDX information is provided exclusively for consumers' personal, non-commercial use only; it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS GRID. Use of this site may be subject to an end user license agreement. Based on information submitted to the MLS GRID as of Thu, Jan 8, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Any use by you of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. DMCA Notice: Palmetto Park Realty respects the intellectual property rights of others. If you believe that your work has been copied in a way that constitutes copyright infringement, please provide our designated agent with written notice containing the following information: (1) identification of the copyrighted work claimed to have been infringed; (2) identification of the material that is claimed to be infringing; (3) your contact information; (4) a statement that you have a good faith belief that use of the material is not authorized; and (5) a statement that the information in the notification is accurate and you are authorized to act on behalf of the copyright owner. Please send DMCA notices to: [email protected]