Charlotte, NC 28216 421 Honeywood Avenue

Pending
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421 Honeywood Avenue Charlotte, NC - Image 4421 Honeywood Avenue Charlotte, NC - Image 5421 Honeywood Avenue Charlotte, NC - Image 6421 Honeywood Avenue Charlotte, NC - Image 7421 Honeywood Avenue Charlotte, NC - Image 8421 Honeywood Avenue Charlotte, NC - Image 9421 Honeywood Avenue Charlotte, NC - Image 10421 Honeywood Avenue Charlotte, NC - Image 11421 Honeywood Avenue Charlotte, NC - Image 12
Presented By: Coldwell Banker Realty; nick.lancetti@cbrealty.com
  • MLS# 4361372
  • 03/24/2026
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  • bed Real Estate and Interior Design Leslie Anne HomeBeds • 24
  • bath Real Estate and Interior Design Leslie Anne HomeBaths • 12
  • footage Real Estate and Interior Design Leslie Anne HomeSQFT • 10,682

Home Details

This 12-unit multifamily asset presents a strong value-add investment opportunity in one of the Southeast’s most resilient rental markets. The property has already undergone partial renovation, with 5 out of 12 units fully remodeled, providing a clear path for continued upside through unit upgrades. Recent leasing activity supports the repositioning strategy, with the latest lease achieving $1,500/month, indicating strong rental demand and the potential to push rents across the remaining units. Charlotte continues to experience sustained population growth, job expansion, and housing demand, making it a highly attractive market for multifamily investors. The combination of in-place income, proven rent comps, and remaining renovation upside positions this asset for both cash flow growth and long-term appreciation. Investment Highlights: 12-unit multifamily property 5 renovated units completed Proven rent benchmark at $1,500/month Significant remaining value-add potential Located in a high-growth rental market Opportunity to increase NOI through continued upgrades This is an ideal opportunity for an investor seeking a partially stabilized asset with immediate upside in a strong Charlotte submarket.
Presented By: Coldwell Banker Realty; nick.lancetti@cbrealty.com

Interior Features for 421 Honeywood Avenue

Bedrooms

Total Bedrooms24

Other Interior Features

Above Grade Finished Area10682
Basement (Y/N)No
Below Grade Finished Area
FlooringVinyl, Wood
Laundry FeaturesIn Kitchen

General for 421 Honeywood Avenue

Additional Parcels Y/NNo
AppliancesBar Fridge, Dishwasher, Dryer, Microwave, Refrigerator, Washer
CAR_HOASubjectToNone
Carport Y/NNo
CityCharlotte
Construction MaterialsBrick Partial, Vinyl
Construction TypeSite Built
CoolingDuctless, Window Unit(s)
CountyMecklenburg
Elementary SchoolUnspecified
Full Baths12
Garage Y/NNo
HOANo
HeatingBaseboard, Ductless
High SchoolUnspecified
Listing TermsCash, Conventional, Exchange
Living Area10682
Lot Size UnitsAcres
Middle/Junior High SchoolUnspecified
New ConstructionNo
Number Of Units Total12
OwnerPaysExterior Maintenance, Management, Outdoor Lighting
Parcel Number06913312
Pets AllowedYes
Property SubtypeApartment
Property TypeResidential Income
RoofArchitectural Shingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
Stories Count2
Tax Assessed Value1265500
Tenant PaysAll Utilities
UtilitiesElectricity Connected
Year Built1969
ZoningN2-B

Exterior for 421 Honeywood Avenue

Building Area Total10682
FencingBack Yard, Privacy, Wood
Foundation DetailsSlab
Lot Size Area0.94
Main Level Garage YNNo
Parking FeaturesParking Space(s)
Road ResponsibilityPublicly Maintained Road
Road Surface TypeAsphalt, Paved
Water SourceCity

Additional Details

Price History

Schools

Middle School Unspecified Middle School
Elementary School Unspecified Elementary School
High School Unspecified High School
1707344299 Real Estate and Interior Design Leslie Anne Home

Leslie Anne Edwards

Price $1,750,000
MLS#4361372
List Date 03/24/2026
Property Type Pending
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