2479 Julia Avenue, Charlotte, NC
$3,000,000 · 47 bedrooms · 17,222 sq ft · built 1960
Listing courtesy of Britt Commercial Real Estate, LLC (Zach Britt). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
Situated within North Charlotte’s accelerating growth corridor near Camp North End, this 22-unit multifamily collection represents a rare stabilization play for portfolios focused on immediate net operating income growth. The primary residential structures, dating to 1960, are complemented by a 1940 clubhouse and single-family residence, totaling 17,222 square feet with 47 bedrooms across the assembly. Significant capital improvements have already been addressed, including new roofing and updated HVAC systems, leaving only two units in their original condition. For the acquisition-minded investor, the submarket’s appeal lies in its proximity to Uptown and the scarcity of inventory that has been de-risked through substantial physical renovations while maintaining a 64 percent occupancy rate. As rental demand in this specific pocket remains durable against broader market fluctuations, the remaining lease-up serves as a direct path to yield optimization. Detailed financials and private viewing arrangements are available through Peters & Associates.
About the home
This 22-unit multifamily community offers a strong lease-up and stabilization opportunity in North Charlotte with limited remaining execution risk as the improvements have been made! The property is currently ~64% occupied, with the majority of units renovated and remaining vacant units largely rent-ready, allowing for immediate NOI growth through leasing. Only the clubhouse/SFR unit and one additional unit remain unrenovated, while significant capital improvements, including new roofs, updated HVAC systems, and extensive unit renovations, have already been completed. Clubhouse built 1940, apartments are 1960. Located minutes from Camp North End and less than 10 minutes from Uptown Charlotte, the asset sits within an active growth corridor supported by durable rental demand.
Price in context
- Asking $174 per square foot.
- That is 61% below the $446 median across 414 active $1.5M+ homes in Charlotte.
- 59th highest asking price of 414 active $1.5M+ homes in Charlotte.
- Largest by living area of the 394 with a recorded size.
- No price changes since it was listed.
- 208 days on the market, listed 2026-01-22.
- County tax assessment $2,118,800; the asking price is 1.42× the assessed value.
Location
Straight-line distances
- Uptown Charlotte: 2.6 mi
- Charlotte Country Club: 4.3 mi
- Wilson Air Center (private aviation, CLT): 6.4 mi
- Charlotte Douglas International Airport: 6.8 mi
- SouthPark Mall: 7.7 mi
- Quail Hollow Club: 10.8 mi
Features
- Construction
- Brick Full, Other - See Remarks
- Bathrooms
- 23 full
- Kitchen & appliances
- Dishwasher, Electric Range, Microwave, Refrigerator
- Heating
- Central
- Cooling
- Central Air
- Parking
- Parking Lot
- County
- Mecklenburg
Comparable homes on the market
- 2225 Alma Court, Charlotte — $1,000,000, 12 bd, 4,656 sq ft, 0.1 mi away
- 2416 Julia Avenue, Charlotte — $1,275,000, 24 bd, 8,400 sq ft, 0.1 mi away
- 2301-2407 Julia Avenue, Charlotte — $2,350,000, 41 bd, 15,204 sq ft, 0.1 mi away
- 2213 Alma Court, Charlotte — $1,000,000, 12 bd, 4,656 sq ft, 0.1 mi away
- 2336 Julia Avenue, Charlotte — $1,500,000, 20 bd, 9,180 sq ft, 0.1 mi away
- 2427 Carmine Street, Charlotte — $1,250,000, 17 bd, 6,517 sq ft, 0.1 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.