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$299,900 Just Listed
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Property Description
Nearly an ACRE of Opportunity in Monroe's Brookstone Village! This expansive Monroe property offers a rare combination of space, flexibility, and investment potential. Currently being used as a co-living opportunity with 4 tenants in place, the home presents a strong option for investors seeking existing occupancy, rental income potential, or a creative repositioning strategy. The main level features 3 bedrooms, 1 full bathroom, and an open living, dining, and kitchen layout. The lower level offers even more flexibility with a private suite, full bathroom, 4 additional finished rooms, and 2 more full bathrooms - ideal for multi-tenant use, extended living arrangements, or future reconfiguration. Situated on nearly an acre, the property includes an oversized driveway, ample parking, a cozy side patio, and a spacious backyard with room for outdoor living improvements, expansion, or value-add projects. Whether you are looking for a rental investment, co-living setup, master lease opportunity, or property with room to grow, this home offers significant upside at the new price point. Property is tenant occupied. Buyer to verify zoning, legal use, occupancy, school assignments, and all details deemed important. Seller and agent make no representations or warranties regarding the legality of the current use. Seller disclosures forthcoming.
Full Property Details
Full Property Details for 508 Deese St
General
- Price: $299,900
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4392767
- Updated: 6/12/2026
- Added to Site: 3 day(s) ago
Interior
- Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main - Full Baths: 1
- Basement Baths: 2
Bedrooms
- Total Bedrooms: 7
- Bedrooms-B: 4
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: In Hall, Inside, Laundry Closet, Main Level
Parking
- Parking Features: Driveway
Location
- County: Union
- Subdivision: Brookstone Village
- Driving Directions: From Downtown Monroe, take N Hayne Street to Windsor Street. Turn onto Deese Street. Property will be located at 508 Deese Street, Monroe, NC 28112. GPS-friendly directions: Use GPS. From Monroe, take N Hayne St/Windsor St area toward Deese St. Turn onto Deese Street; property is on the right/left at 508 Deese St.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Brick Full
- Basement: Yes
- Basement Desc.: Finished
- Main/1st Level: 1,583 Sq. Ft.
- Year Built: 1955
Lot Features
- Street/Road Desc.: Concrete, Paved
- Rcmdd Zoning: AQ5
Disclosures and Reports
- Property ID: 09-194-076
- Lot Number: 8556-423
Listed by Rentercasa Buyercasa LLC
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Schools
Schools serving 508 Deese St
School District:Union County Public Schools
| Name | Grades | Distance |
|---|---|---|
East Elementary, Monroe, NC 515 Elizabeth Avenue, Monroe, NC 28112 | K-5 | 0.2 mi |
Monroe Middle School 601 East Sunset Drive, Monroe, NC 28112 | 6-8 | 0.7 mi |
Monroe High School 1 High School Drive, Monroe, NC 28112 | 9-12 | 0.4 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 508 Deese St
Date
Details
Price
Change
Source
6/11/2026
Listed
$299,900
-11.79%
MLS
8/10/2022
Sold
$340,000
—
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 508 Deese St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,077
11%
$352,000
39%
2024
$2,766
26%
$253,600
26%
2023
$2,189
—
$200,700
—
2022
$2,189
—
$200,700
—
2021
$2,189
—
$200,700
85%
2021
$2,189
50%
$108,310
—
2019
$1,459
—
$108,300
—
2018
$1,459
-1%
$108,300
—
2017
$1,481
1%
$108,300
—
2016
$1,465
-1%
$108,300
—
2015
$1,476
77%
$108,310
1%
2014
$833
18%
$107,220
—
2013
$708
—
$107,220
—
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 508 Deese St
508 Deese Street, Monroe, NC 28112 (MLS# 4392767) is a Single Family property with 7 bedrooms and 3 full bathrooms. 508 Deese Street is currently listed for $299,900 and was received on June 11, 2026. Want to learn more about 508 Deese Street? Do you have questions about finding other Single Family real estate for sale in Monroe? You can browse all Monroe real estate or contact a Coldwell Banker agent to request more information.

