2427 Carmine Street, Charlotte, NC
$1,250,000 · 17 bedrooms · 6,517 sq ft · built 1963
Listing courtesy of Britt Commercial Real Estate, LLC (Zach Britt). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
About the home
This 11-unit multifamily asset offers a straight-forward value-add opportunity in North Charlotte's path of growth. The property is currently ~45% occupied, with some vacancies immediately rent-ready and others requiring finishing the renovation plan to drive NOI growth. The unit mix consists of six 2BR/1BA units and 5 1BR/1BA units. Significant capital improvements have been carried out by current ownership including exterior, roof, HVACs, and multiple unit renovations.
Price in context
- Asking $192 per square foot.
- That is 57% below the $449 median across 409 active $1.5M+ homes in Charlotte.
- 334th highest asking price of 409 active $1.5M+ homes in Charlotte.
- 46th largest by living area of the 390 with a recorded size.
- No price changes since it was listed.
- 217 days on the market, listed 2026-01-22.
- County tax assessment $1,115,300; the asking price is 1.12× the assessed value.
Location
Straight-line distances
- Uptown Charlotte: 2.7 mi
- Charlotte Country Club: 4.4 mi
- Wilson Air Center (private aviation, CLT): 6.5 mi
- Charlotte Douglas International Airport: 6.8 mi
- SouthPark Mall: 7.8 mi
- Quail Hollow Club: 10.9 mi
Features
- Construction
- Brick Full
- Bathrooms
- 11 full
- Kitchen & appliances
- Dishwasher, Electric Range, Microwave, Refrigerator
- Heating
- Central
- Cooling
- Central Air, Electric
- Parking
- Parking Lot
- County
- Mecklenburg
Comparable homes on the market
- 2416 Julia Avenue, Charlotte — $1,275,000, 24 bd, 8,400 sq ft, 0.0 mi away
- 2336 Julia Avenue, Charlotte — $1,500,000, 20 bd, 9,180 sq ft, 0.1 mi away
- 2301-2407 Julia Avenue, Charlotte — $2,350,000, 41 bd, 15,204 sq ft, 0.1 mi away
- 2479 Julia Avenue, Charlotte — $3,000,000, 47 bd, 17,222 sq ft, 0.1 mi away
- 2213 Alma Court, Charlotte — $1,000,000, 12 bd, 4,656 sq ft, 0.2 mi away
- 2225 Alma Court, Charlotte — $1,000,000, 12 bd, 4,656 sq ft, 0.2 mi away
See it privately
Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.