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$1,000,000 Sale Pending
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Property Description
Excellent investment opportunity to add to your real estate portfolio! Situated on a 1.31-acre parcel, this multi-family property includes four brick duplexes for a total of eight units, with concrete driveways providing convenient occupant parking. 5 units feature durable LVP flooring throughout, 2 units (townhome) have LVP in kitchen/bath; 1 unit not remodeled. Private rear concrete patios for outdoor relaxation or entertaining. Vapor barriers have been installed in all crawlspaces. Three of the duplex buildings offer convenient one-story floor plans, while the fourth features two-story townhome-style units. A great opportunity to acquire multiple rental units together on one parcel. Please do not disturb occupants.
Full Property Details
Full Property Details for 114 Coley Rd
General
- Price: $1,000,000
- Taxes: $4,289
- Status: Pending
- Type: Duplex
- Source: Triad_MLS
- MLS ID: 1236575
- Updated: 9/25/2026
- Added to Site: 17 day(s) ago
Interior
- Appliances: Electric Water Heater
Rooms
Other Rooms
- Laundry: Washer/Dryer Connection
Parking
- Parking Features: Driveway
Location
- County: Rowan
- Driving Directions: From Salisbury, take Faith Road towards Faith. Turn left on N Main Street; turn right on Balfour Quarry Road; immediate left on Coley Road. Duplexes on your right.
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard, Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Brick
- Year Built: 1976
Lot Features
- Lot Size (Acres): 1.31
- Lot Dimensions: 459 x 126 x 421 x 145
- Lot Features: Cleared
Financial Considerations
- Price Per Acre: $763,358.7786
- Tax Amount: $4,289
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by TMR Realty, Inc.
Get Pre-Approved Today
Schools
Schools serving 114 Coley Rd
School District:Rowan-Salisbury Schools
| Name | Grades | Distance |
|---|---|---|
Granite Quarry Elementary School 118 South Walnut St, Salisbury, NC 28146 | PK-5 | 0.7 mi |
Charles C Erwin Middle School 170 St Luke's Church Rd, Salisbury, NC 28146 | 6-8 | 1 mi |
East Rowan High School 175 St Luke's Church Rd, Salisbury, NC 28146 | 9-12 | 1.1 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 114 Coley Rd
Date
Details
Price
Change
Source
9/22/2026
Listed
$1,000,000
122.22%
MLS
12/21/2020
Sold
$450,000
—
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 114 Coley Rd
Year
Property Taxes
Change
Tax Assessment
Change
2026
$4,089
—
$400,845
—
2025
$4,089
—
$400,845
—
2024
$4,089
—
$400,845
—
2023
$4,089
7%
$400,845
13%
2022
$3,813
—
$354,737
—
2021
$3,813
—
$354,737
—
2020
$3,813
—
$354,737
—
2019
$3,813
12%
$354,737
11%
2018
$3,404
—
$319,988
—
2017
$3,404
—
$319,988
—
2016
$3,404
—
$319,988
—
2015
$3,412
3%
$319,988
1%
2014
$3,326
5%
$315,577
—
2013
$3,178
—
$315,577
—
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 114 Coley Rd
114 Coley Road, Salisbury, NC 28146 (MLS# 1236575) is a Duplex property with 0 bedrooms and 0 full bathrooms. 114 Coley Road is currently listed for $1,000,000 and was received on September 22, 2026. Want to learn more about 114 Coley Road? Do you have questions about finding other Duplex real estate for sale in Salisbury? You can browse all Salisbury real estate or contact a Coldwell Banker agent to request more information.

