1920 Pegram Street, Charlotte, NC
$1,500,000 · 13 bedrooms · 4,133 sq ft · built 1989
Listing courtesy of A.G. Williams Real Estate Appraisal (Mark Williams). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
Situated at the convergence of Plaza Midwood and NoDa, this 1989 fiveplex represents a disciplined acquisition for those prioritizing immediate yield within Charlotte’s most walkable corridors. The property, encompassing 4,133 square feet across thirteen bedrooms, underwent a comprehensive renovation in 2020 to modernize its systems and interior finishes. Unlike many multi-family assets currently entering the market, these residences are held on month-to-month terms, providing a rare degree of flexibility for an incoming owner to recalibrate rents or transition the site toward specialized residential uses. The grounds are thoughtfully integrated with mature tree cover and dedicated outdoor spaces, including a private dog park, ensuring long-term tenant retention in an increasingly competitive submarket. As the surrounding neighborhood continues its upward trajectory of densification, the lack of long-term lease encumbrances positions this asset as a strategic hold with significant operational upside. Private inquiries regarding this turnkey portfolio may be directed to Peters & Associates.
About the home
Walkable to Villa Heights Elementary and close to Plaza Midwood and NoDa! Fully occupied and very attractive to investors seeking immediate income. Easy target for the investor seeking to a Senior Living Community. Pet friendly and walkable. This property is not restricted by long term leases, the current tenants are on month to month terms. The building underwent complete renovation in 2020, transforming it into a modern turnkey set of residences. Each unit was thoughtfully outfitted with a full appliance package, including all conveniences and comforts for tenants. The exterior has green spaces shaded by trees and a fenced-in dog/play park, enhancing the livability on charm of the community.
Price in context
- Asking $363 per square foot.
- That is 19% below the $449 median across 409 active $1.5M+ homes in Charlotte.
- 247th highest asking price of 409 active $1.5M+ homes in Charlotte.
- 191st largest by living area of the 390 with a recorded size.
- No price changes since it was listed.
- 1 days on the market, listed 2026-08-25.
- County tax assessment $839,000; the asking price is 1.79× the assessed value.
Location
Straight-line distances
- Charlotte Country Club: 1.8 mi
- Uptown Charlotte: 1.8 mi
- SouthPark Mall: 5.8 mi
- Wilson Air Center (private aviation, CLT): 6.9 mi
- Charlotte Douglas International Airport: 7.5 mi
- Quail Hollow Club: 9.0 mi
Assigned schools
- Elementary: Villa Heights
- High: Garinger
School assignments come from the listing and can change; confirm with the district.
Features
- Construction
- Vinyl
- Bathrooms
- 5 full
- Flooring
- Laminate, Tile
- Kitchen & appliances
- Dishwasher, Disposal, Oven, Refrigerator
- Heating
- Central
- Cooling
- Central Air
- Parking
- Driveway, On Street, Parking Lot
- Exterior
- Lawn Maintenance
- Lot
- Level
- County
- Mecklenburg
Comparable homes on the market
- 1301 Catawba Avenue, Charlotte — $1,395,000, 4 bd, 3,092 sq ft, 0.1 mi away
- 1217 Parkwood Avenue, Charlotte — $1,500,000, 6 bd, 3,342 sq ft, 0.2 mi away
- 1613 Umstead Street, Charlotte — $1,399,000, 4 bd, 4,187 sq ft, 0.3 mi away
- 812 E 19th Street, Charlotte — $1,398,000, 5 bd, 3,939 sq ft, 0.4 mi away
- 1412 Kennon Street, Charlotte — $1,275,000, 4 bd, 3,481 sq ft, 0.4 mi away
- 1512 Parson Street, Charlotte — $1,795,000, 5 bd, 4,584 sq ft, 0.4 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.