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$525,000 -$40,000 (-7.08%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • Updated 5 days ago
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Prime Location, Endless Potential - Sold AS IS! Here's your chance to get into one of Charlotte's hottest neighborhoods at an incredible value! Located just minutes from Uptown, NoDa, and North Campus, this property needs some TLC but offers huge upside for the right buyer. Perfect for a first-time buyer ready to build sweat equity, or an investor looking for a high-return project - this home is zoned for a duplex, triplex, or quadplex, opening the door to redevelopment, rental income, or a full renovation. Nearby homes in this sought-after pocket of Charlotte are selling for over $1 million, making this a rare opportunity to buy in below market value with serious room to grow. You're steps from eclectic dining, breweries, arts venues, and the Light Rail - walkability and lifestyle appeal that keeps this area in high demand. Strong rental comps, booming growth, and a prime location make this a smart buy whether you're planning to renovate, rebuild, or hold long-term. Homes like this don't last - bring your vision and make it yours! Serious inquiries only.

Full Property Details for 1040 Drummond Ave

General

  • Price: $525,000
  • Status: Active
  • Type: Single Family
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4363982
  • Updated: 8/17/2026
  • Added to Site: 138 day(s) ago

Interior

  • Fireplace: Yes
  • Appliances: Other

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main & Up: 3

Parking

  • Parking Features: Driveway

Location

  • County: Mecklenburg
  • Subdivision: Plaza Hills
  • Driving Directions: From N Davidson St, turn onto E 36th St, then Parkwood Ave, then left on Drummond Ave. 1040 Drummond Ave will be on your right.

School Information

  • Elementary School: Villa Heights

Community

  • Pets Allowed: Yes
  • Pets: Yes

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: City

Structural Information

  • Architectural Style: Ranch
  • Construction: Site Built
  • Exterior Const.: Aluminum, Vinyl
  • Main/1st Level: 1,181 Sq. Ft.
  • Year Built: 1948

Manufactured Home

  • Land Included: Yes

Lot Features

  • Lot Dimensions: 33 x 47 x 119 x 35 x 76 x 100
  • Street/Road Desc.: Gravel
  • Lot Features: Cleared, Level
  • Rcmdd Zoning: N2-B

Financial Considerations

  • Terms: Cash, Conventional, FHA 203(K)

Disclosures and Reports

  • Special Conditions: Estate
  • Property ID: 083-1445-12
  • Lot Number: 22573/77

Listed by ERA Live Moore

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Listing agent

— 1040 Drummond Ave —

  • ERA Live Moore

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1040 Drummond Ave

School District:Charlotte-Mecklenburg Schools
NameGradesDistance
Villa Heights Elementary
800 Everett Place, Charlotte, NC 28205
K-50.3 mi
Eastway Middle
1501 Norland Road, Charlotte, NC 28205
6-82.5 mi
Garinger High School
1100 Eastway Drive, Charlotte, NC 28205
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1040 Drummond Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/17/2026
Price Reduced
$525,000
-7.08%
MLS
7/22/2026
Price Reduced
$565,000
-1.74%
MLS
4/06/2026
Listed
$575,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1040 Drummond Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,655
10%
$453,900
—
2023
$3,329
-27%
$453,900
-4%
2023
$4,550
67%
$471,500
67%
2022
$2,729
—
$282,800
—
2021
$2,729
—
$282,800
—
2020
$2,729
87%
$282,800
—
2019
$1,456
143%
$282,800
252%
2018
$600
3%
$80,300
—
2017
$583
2%
$80,300
—
2016
$573
2%
$80,300
—
2015
$562
-67%
$80,300
-37%
2013
$1,691
—
$126,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by ERA Live Moore

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1040 Drummond Avenue, Charlotte, NC 28205 (MLS# 4363982) is a Single Family property with 3 bedrooms and 1 full bathroom. 1040 Drummond Avenue is currently listed for $525,000 and was received on April 06, 2026. Want to learn more about 1040 Drummond Avenue? Do you have questions about finding other Single Family real estate for sale in Charlotte? You can browse all Charlotte real estate or contact a Coldwell Banker agent to request more information.

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