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Active

4809 Malibu Drive

Charlotte, NC 28215

Active Listed 136 Days Price cut to $385,000 Sep 17, 2026 Listing ID CAR 301490125

$385,000
Est. $2,444/mo20% down · 7.125% · 30-yrAdjust
  • P&I$2,075
  • Taxes$241
  • Insurance$128

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

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$236/Sq Ft

4 bd · 2 ba · 1,633.83 sqft · $236/sqft

4 Beds
2 Baths
1,633.83 Sq Ft
$236/Sq Ft
1965 Built
.26 acres Duplex Lake Plaza Listed May 3, 2026 Updated Sep 17, 2026 HOA None

About This Multi-Family Property

INVESTOR ALERT! AS-IS - Seller To Make No Repairs - Secure this income-producing property with two distinct addresses, 4809 & 4811 Malibu Dr, in a prime Charlotte location. Priced for immediate action, each unit offers a practical and spacious layout featuring 2 bedrooms, 1 full bath, an eat-in kitchen, and a comfortable family room.

A convenient driveway leads right to each front door, and the laundry area is located in the storage room on the back deck. Recent updates and improvements include cleaned vents, replaced filters, updated light fixtures in the kitchen and hallway, cleaned utility closet, fresh interior paint, painted exterior trim, painted front and back doors, pressure-washed building, porches, walkways and driveways where accessible, new blinds in select areas, and repaired exterior window trim at the front bedroom window. Located in the rapidly growing 28215 zip code, this property is a smart buy with both instant income and future upside.

4809 is currently tenant-occupied, providing cash flow from day one. Photos were taken of 4811, which is currently vacant. Both units feature a large back porch—a top amenity.

Superb location just minutes from UNC Charlotte and I-485. Properties with this setup are moving fast. Schedule your tour today!

Property history

  1. Sep 17, 2026
    Price reduced $385,000 Active
    Was $394,990
  2. Jul 30, 2026
    Price reduced $394,990 Active
    Was $399,500
  3. May 3, 2026
    Listed for sale $399,500 Active
    Listed 136 Days

Property Details

Interior Details

Heating
  • Forced Air
  • Natural Gas
Flooring
  • Carpet
  • Vinyl
Room Other
  • Primary Bedroom
  • Bedroom(s)
  • Kitchen
  • Living Room
Half Bathrooms
0
Laundry Features
  • Other - See Remarks
Interior Features
  • Storage
Unheated Basement Sq Ft
646

Dwelling And Structure

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

Square Footage And Levels

Above Grade Finished Area
1633.83

Parking And Garage

Parking Features
  • Driveway

Exterior Features

Roof
  • Composition
Exterior Features
  • Storage
Construction Materials
  • Brick Full
Patio And Porch Features
  • Rear Porch

Lot And Land

Lot Size Acres
0.259
Lot Size Units
Acres

Basement And Foundation

Foundation Details
  • Slab

Utilities

Sewer
  • Public Sewer
Water Source
  • City

Financial Information

Hoa Dues
No
City Taxes Paid To
Charlotte

Zoning And Restrictions

Zoning
I N S T( C D)
Subject To Ccrs
No

Multi Unit Details

Total Number Of Units
2

Listed by Andrea Jones (704-779-4822) · Lifestyle International Realty (704-340-3822)

Location

Address
4809 Malibu Drive
City
Charlotte, NC 28215
Community
Lake Plaza
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