3500 N Sharon Amity Road, Charlotte, NC

$2,650,000 · 20 bedrooms · 12,524 sq ft · built 1962

Listing courtesy of BnBCabins Inc (John Cockman). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.

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About the home

Presenting an exceptional value-add multifamily investment opportunity located at 3500 North Sharon Amity Road in the rapidly expanding East Charlotte submarket. This highly efficient 20-unit asset consists entirely of desirable 1-bedroom, 1-bathroom floor plans, catering perfectly to the area's growing demographic of young professionals seeking affordable proximity to Charlotte's urban core. Owned and maintained by the same owner for decades, the property features a proven, organic value-add program where interior renovations have been successfully executed over the last decade as units turn over, effectively proving out the post-renovation rent premiums. Strategically positioned just minutes from Charlotte’s most vibrant cultural and entertainment districts, including Plaza Midwood, NoDa, and the Uptown central business district, the property provides immediate access to major transit routes, prominent employment hubs, and ongoing commercial redevelopment corridors. Furthermore, the site boasts high-visibility frontage directly along the North Sharon Amity Road corridor with outstanding exposure and traffic counts exceeding 25,000 vehicles per day. Tenants benefit from exceptional convenience, being surrounded by a robust lineup of daily-needs retailers within walking distance or a short drive, including Food Lion, Walgreens, CVS, Family Dollar, and Bojangles. Supported by strong submarket fundamentals and dense local demographics featuring a population of over 95,000 residents within a 3-mile radius, 3500 North Sharon Amity Road is perfectly positioned to capture the influx of renters who desire the lifestyle amenities of Charlotte's premier historic districts but require a more approachable price point, ensuring long-term tenant demand and property appreciation for the new owner. Ask about our other properteries -- this seller has 124 units for sale at 5 different complexes, all 1, 2, and 3 bedroom.

Price in context

  • Asking $212 per square foot.
  • That is 53% below the $446 median across 414 active $1.5M+ homes in Charlotte.
  • 84th highest asking price of 414 active $1.5M+ homes in Charlotte.
  • 6th largest by living area of the 394 with a recorded size.
  • No price changes since it was listed.
  • 112 days on the market, listed 2026-04-04.
  • County tax assessment $1,669,300; the asking price is 1.59× the assessed value.

Location

Straight-line distances

  • Charlotte Country Club: 2.3 mi
  • Uptown Charlotte: 5.0 mi
  • SouthPark Mall: 5.4 mi
  • Quail Hollow Club: 8.5 mi
  • Wilson Air Center (private aviation, CLT): 9.7 mi
  • Charlotte Douglas International Airport: 10.4 mi

Assigned schools

  • Elementary: Idlewild
  • Middle: Eastway
  • High: Garinger

School assignments come from the listing and can change; confirm with the district.

Features

Construction
Brick Full
Roof
Architectural Shingle
Bathrooms
20 full
Interior
Open Floorplan, Pantry
Flooring
Tile, Vinyl, Wood
Kitchen & appliances
Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Heating
Electric, Natural Gas, Separate Meters, Wall Furnace
Cooling
Ceiling Fan(s), Wall Unit(s)
Parking
Parking Lot
Waterfront
None
Lot
Corner Lot, Green Area, Level, Paved
Community
Sidewalks, Street Lights
County
Mecklenburg

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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.