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$1,450,000
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Property Description
This turnkey 8-unit apartment complex presents an exceptional investment opportunity in Cotswold area of Charlotte NC. Offering a strong tenant base located in a prime location at the corner on McAlway Rd and a block from N Wendover. The property includes four 2/1.5 units and four 1/1 units, with 6 units fully renovated requiring minimal maintenance. Convenient area with retail nearby and easy access to all of Charlotte's best amenities - this property offers immediate income and long-term value.
Full Property Details
Full Property Details for 831 McAlway Rd
General
- Sold For: $1,450,000
- Status: Closed
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4251307
- Added to Site: 301 day(s) ago
Interior
- Appliances: Electric Range, Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 12
- Full Bathrooms: 8
- Half Bathrooms: 4
Bedrooms
- Total Bedrooms: 12
Other Rooms
- Laundry: Other - See Remarks
Parking
- Parking Features: Parking Lot
Location
- County: Mecklenburg
Community
- Pets Allowed: Yes
- Pets: Conditional
Heating & Cooling
- Cooling Type: Central Air, Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Brick Partial
- Square Feet: 6,568
- Year Built: 1965
Lot Features
- Street/Road Desc.: Asphalt, Paved
Financial Considerations
- Tenant Pays: All except water
Disclosures and Reports
- Property ID: 157-102-20
- Lot Number: 37993-673
Listed by Moser Group, Inc., The
Sold by RE/MAX Executive
Get Pre-Approved Today
Schools
Schools serving 831 McAlway Rd
School District:Charlotte-Mecklenburg Schools
| Name | Grades | Distance |
|---|---|---|
Cotswold Elementary 300 Greenwich Road, Charlotte, NC 28211 | 3-5 | 0.7 mi |
Billingsville Elementary 124 Skyland Avenue, Charlotte, NC 28205 | K-2 | 1 mi |
Alexander Graham Middle 1800 Runnymede Lane, Charlotte, NC 28211 | 6-8 | 2.7 mi |
Myers Park High 2400 Colony Road, Charlotte, NC 28209 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 831 McAlway Rd
Date
Details
Price
Change
Source
6/13/2025
Sold
$1,450,000
-3.33%
MLS
4/25/2025
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
831 McAlway Road, Charlotte, NC 28211 (MLS# 4251307) is a Single Family property that was sold at $1,450,000 on June 13, 2025. Want to learn more about 831 McAlway Road? 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.

