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$199,000 Just Listed
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Property Description
Well-maintained investment opportunity just minutes from Downtown Concord! Built in 1965, this charming home offers immediate cash flow with a reliable long-term tenant currently on a 3-month lease paying $1,050/month, with potential for future rental upside as rent is currently below market value. The property has been thoughtfully maintained over the years, including a roof replaced in 2020, gutters replaced in 2022, and crawlspace sill replacement within the last 10 years. Interior flooring and carpet are both in great condition, making this a truly turnkey opportunity. Tenant handles much of the routine property maintenance, contributing to the home's excellent condition and strong rental history. Features include a covered carport, all appliances conveying with the sale, and a convenient location near Downtown Concord, Gibson Mill, shopping, restaurants, entertainment, and easy access to major highways. Excellent opportunity for investors looking to add a solid income-producing property in a growing area!
Full Property Details
Full Property Details for 112 Academy Ave NW
General
- Price: $199,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4384073
- Updated: Today (5/22/2026)
- Added to Site: Today
Interior
- Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Exhaust Fan, Exhaust Hood, Oven, Refrigerator, Washer, Washer/Dryer
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Electric Dryer Hookup, In Kitchen, Main Level, Washer Hookup
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Attached Carport, Driveway
Location
- County: Cabarrus
School Information
- Elementary School: Coltrane-webb
- Middle School: Concord
- High School: Concord
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Connected
Structural Information
- Architectural Style: Bungalow, Cottage, Ranch, Traditional
- Construction: Site Built
- Exterior Const.: Aluminum
- Roof: Architectural Shingle
- Main/1st Level: 998 Sq. Ft.
- Year Built: 1965
Lot Features
- Street/Road Desc.: Concrete, Paved
- Lot Features: Corner Lot
- Rcmdd Zoning: RC
- Fencing (Description): Partial
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Subject to Lease
- Property ID: 5620-69-2410-0000
- Lot Number: 13679 / 0006
Listed by Branch Wealth Partners, LLC
Get Pre-Approved Today
Schools
Schools serving 112 Academy Ave NW
School District:Cabarrus County Schools
| Name | Grades | Distance |
|---|---|---|
Coltrane-Webb Elementary 61 Spring Street Northwest, Concord, NC 28025 | K-5 | 0.3 mi |
Concord Middle 1500 Goldrush Drive, Concord, NC 28025 | 6-8 | 2.2 mi |
Concord High 481 Burrage Road Northeast, Concord, NC 28025 | 9-12 | 1.4 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 112 Academy Ave NW
Date
Details
Price
Change
Source
5/22/2026
Listed
$199,000
1226.67%
MLS
8/13/2019
Sold
$15,000
—
Public Record
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
Tax History for 112 Academy Ave NW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,283
—
$128,810
—
2024
$1,283
100%
$128,810
139%
2023
$643
—
$53,790
2%
2022
$643
—
$52,670
—
2021
$643
—
$52,670
—
2020
$643
18%
$52,670
17%
2019
$547
2%
$44,830
—
2018
$538
2%
$44,830
—
2017
$529
68%
$44,830
—
2016
$314
-1%
$44,830
-1%
2015
$317
—
$45,290
—
2013
$317
—
$45,290
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 112 Academy Ave NW
112 Academy Avenue NW, Concord, NC 28025 (MLS# 4384073) is a Single Family property with 2 bedrooms and 1 full bathroom. 112 Academy Avenue NW is currently listed for $199,000 and was received on May 22, 2026. Want to learn more about 112 Academy Avenue NW? Do you have questions about finding other Single Family real estate for sale in Concord? You can browse all Concord real estate or contact a Coldwell Banker agent to request more information.

