448 6th Street Nw #A-N, Taylorsville, NC

The acquisition of a fully stabilized multifamily asset in Alexander County presents a distinct alternative to the volatile equity markets, particularly for those seeking geographic diversification outside the immediate Charlotte corridor. Built in 2007, this eighteen-unit complex in Taylorsville comprises 4,677 square feet of living area and a total of twenty-four bedrooms, structured across multiple buildings for efficient long-term management. The architectural arrangement prioritizes resident privacy through individual entrances and dedicated outdoor spaces, including balconies and covered porches. For the sophisticated investor, the operational efficiency is underpinned by separate metering for each unit, a critical hedge against rising utility costs. While the local submarket remains characterized by limited inventory and a consistent demand for workforce housing serving the Hickory employment hub, this portfolio offers the rare advantage of immediate, proven cash flow with one hundred percent occupancy. Private inquiries regarding the financial performance and acquisition terms may be directed through Peters & Associates.

About the home

INVESTMENT OPPORTUNITY IN ALEXANDER COUNTY! Rare opportunity to acquire an established 18-unit multifamily rental complex offering immediate income and long-term investment potential. Currently 100% occupied. Offered at $1,499,900, this income-producing property provides an excellent opportunity for investors looking to expand an existing rental portfolio or acquire a multifamily asset with established tenants and proven rental history. The property consists of multiple residential buildings with 18 rental units conveniently located in one complex, allowing for efficient management and maintenance. Units feature private entrances, and many offer covered porches, decks, or balconies. Ample on-site parking is available for residents. Units are separately metered, an important feature for multifamily ownership and operating efficiency. With 100% current occupancy, this property offers immediate rental income from day one. The concentration of 18 units in one location provides scale and management efficiency that can be difficult to find in smaller residential rental portfolios. Conveniently located in Alexander County with access to Taylorsville, Hickory, and surrounding employment, shopping, and service areas. Whether you are a seasoned multifamily investor, looking to expand your rental holdings, or seeking an income-producing real estate opportunity, this 18-unit complex deserves consideration. Current rent roll and additional property information are available to qualified buyers. Buyer and buyer’s agent to verify all information important to the purchase and investment analysis. PLEASE DO NOT DISTURB TENANTS. SHOWINGS BY APPOINTMENT ONLY.

Price in context

• Asking $299 per square foot.
• That is 22% below the $384 median across 5 active $1.5M+ homes in Taylorsville.
• 4th highest asking price of 5 active $1.5M+ homes in Taylorsville.
• Largest by living area of the 3 with a recorded size.
• Reduced $100,000 (6.7%) from the original $1,499,900 asking price.
• 85 days on the market, listed 2026-07-06.
• County tax assessment $654,344; the asking price is 2.14× the assessed value.

Location

Straight-line distances

• Charlotte Douglas International Airport: 50.7 mi
• Wilson Air Center (private aviation, CLT): 51.3 mi
• Uptown Charlotte: 51.7 mi
• Charlotte Country Club: 53.5 mi
• SouthPark Mall: 56.7 mi
• Quail Hollow Club: 59.3 mi

Assigned schools

• Elementary: Taylorsville
• Middle: East Alexander
• High: Alexander Central

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

Features

Construction

Brick Full

Bathrooms

18 full

Kitchen & appliances

Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator

Heating

Ductless, Heat Pump

Cooling

Central Air

Parking

Parking Lot, Parking Space(s)

Lot

Cleared, Level

County

Alexander

Comparable homes on the market

• 21 Little River Estates Drive, Taylorsville — $1,600,000, 5.3 mi away
• 21 Little River Estates Drive, Taylorsville — $1,600,000, 5.3 mi away
• 687 Sam Poole Lane, Taylorsville — $1,165,000, 3 bd, 3,033 sq ft, 6.9 mi away
• 6692 Valwood Road, Conover — $7,499,000, 35 bd, 33,000 sq ft, 7.3 mi away
• 795 Elk Shoals Church Loop, Stony Point — $9,540,000, 8.1 mi away
• 8346 Church Road, Taylorsville — $1,620,000, 4 bd, 3,756 sq ft, 8.3 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.