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$699,000 Just Listed
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Property Description
Excellent investment opportunity in a prime Concord location! This 7-unit multifamily property features seven 1-bedroom apartments, offering strong potential for investors looking to add to or expand their rental portfolio. The consistent unit layout provides operational efficiency and flexibility for a variety of investment strategies, including long-term rentals or an owner-occupant scenario while leasing the remaining units. Conveniently located near downtown Concord, the property offers easy access to shopping, dining, local amenities, and major roadways, supporting continued tenant demand. With multiple income-producing units and a desirable location, this property presents a solid option for both seasoned investors and those looking to enter the multifamily space. Schedule a showing to explore the possibilities this Concord multifamily has to offer! Do not disturb tenants.
Full Property Details
Full Property Details for 161 Union St S
General
- Price: $699,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4336773
- Updated: 2/1/2026
- Added to Site: 4 day(s) ago
Interior
- Appliances: Electric Range, Microwave
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Laundry: In Unit, Inside
Parking
- Parking Features: Parking Lot, Parking Space(s)
Location
- County: Cabarrus
Community
- Pets Allowed: Yes
- Pets: Conditional
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Other - See Remarks
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Brick Full
- Square Feet: 4,180
- Year Built: 1945
Lot Features
- Street/Road Desc.: Concrete, Paved
- Rcmdd Zoning: RC
Financial Considerations
- Terms: Cash
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 5630-06-1869-0000
- Lot Number: 12558-190
Listed by EXP Realty LLC Ballantyne
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Schools
Schools serving 161 Union St S
School District:Cabarrus County Schools
| Name | Grades | Distance |
|---|---|---|
R B Mcallister Elementary 541 Sunnyside Drive Southeast, Concord, NC 28025 | K-5 | 0.9 mi |
Concord Middle 1500 Goldrush Drive, Concord, NC 28025 | 6-8 | 1.7 mi |
Concord High 481 Burrage Road Northeast, Concord, NC 28025 | 9-12 | 1.7 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 161 Union St S
Date
Details
Price
Change
Source
1/31/2026
Listed
$699,000
169.88%
MLS
6/27/2017
Sold
$259,000
—
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 161 Union St S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,779
—
$680,600
—
2024
$6,779
56%
$680,600
91%
2023
$4,343
—
$355,950
—
2022
$4,343
—
$355,950
—
2021
$4,343
—
$355,950
—
2020
$4,343
19%
$355,950
17%
2018
$3,662
-2%
$305,190
—
2019
$3,723
9%
$305,190
5%
2017
$3,416
69%
$289,520
—
2016
$2,027
78%
$289,520
78%
2015
$1,140
—
$162,880
—
2013
$1,140
—
$162,880
—
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 161 Union St S
161 Union Street S, Concord, NC 28025 (MLS# 4336773) is a Single Family property with 7 bedrooms and 7 full bathrooms. 161 Union Street S is currently listed for $699,000 and was received on January 31, 2026. Want to learn more about 161 Union Street S? 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.

