4102 Craig Avenue, Charlotte, NC
$2,950,000 · 18 bedrooms · 11,268 sq ft · built 1961
Listing courtesy of BnBCabins Inc (John Cockman). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
About the home
Located in the heart of Charlotte's desirable Cotswold neighborhood, this 18-unit multifamily property offers a rare mix of immediate stability and long-term upside. Spread across four buildings on two distinct parcels (4102 Craig Ave and 1401 Falcon St), the portfolio consists entirely of easily leasable 1BR/1BA floor plans. Recent interior renovations, including modernized kitchens and baths, limit upfront capital expenditures. Investors can capitalize on historically strong tenant demand in the 28211 zip code while systematically capturing market-rate premiums to drive revenue growth. Buildings are at full occupancy except for one unit held open for showings. 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 $262 per square foot.
- That is 41% below the $446 median across 414 active $1.5M+ homes in Charlotte.
- 66th highest asking price of 414 active $1.5M+ homes in Charlotte.
- 8th largest by living area of the 394 with a recorded size.
- Asking price raised $50,000 from the original $2,900,000.
- 0 days on the market, listed 2026-07-25.
- County tax assessment $1,966,200; the asking price is 1.50× the assessed value.
Location
Straight-line distances
- Charlotte Country Club: 2.2 mi
- SouthPark Mall: 3.4 mi
- Uptown Charlotte: 4.5 mi
- Quail Hollow Club: 6.5 mi
- Wilson Air Center (private aviation, CLT): 8.5 mi
- Charlotte Douglas International Airport: 9.3 mi
Assigned schools
- Elementary: Billingsville Cotswold
- Middle: Alexander Graham
- High: Myers Park
School assignments come from the listing and can change; confirm with the district.
Features
- Construction
- Brick Full
- Roof
- Architectural Shingle
- Bathrooms
- 18 full
- Flooring
- Tile, Wood
- Kitchen & appliances
- Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Oven, Refrigerator
- Heating
- Electric, Natural Gas, Separate Meters
- Cooling
- Electric
- Parking
- Parking Lot
- Lot
- Corner Lot, Paved
- Community
- Sidewalks, Street Lights
- County
- Mecklenburg
Comparable homes on the market
- 1117 Lomax Avenue, Charlotte — $1,598,000, 5 bd, 4,141 sq ft, 0.2 mi away
- 1115 Lomax Avenue, Charlotte — $1,589,000, 5 bd, 3,983 sq ft, 0.2 mi away
- 4211 Tangle Drive, Charlotte — $2,350,000, 4 bd, 3,784 sq ft, 0.2 mi away
- 4300 Tangle Drive, Charlotte — $1,440,000, 4 bd, 3,634 sq ft, 0.3 mi away
- 4304 Tangle Drive, Charlotte — $1,399,000, 4 bd, 3,621 sq ft, 0.3 mi away
- 4349 Castleton Road, Charlotte — $1,890,000, 5 bd, 4,523 sq ft, 0.3 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.