Charlotte · Charlotte, NC
1040 Drummond Avenue
Charlotte, NC · 1,181 sqft
$565,000
Reduced from $575,000
- 3Beds
- 1Baths
- 1,181SqFt
- 1948Year
- 33x47x119x35x76x100Lot
- 101Days on market
About this home
Prime Location, Endless Potential — Sold AS IS!
Here's your chance to get into one of Charlotte's hottest neighborhoods at an incredible value! Located just minutes from Uptown, NoDa, and North Campus, this property needs some TLC but offers huge upside for the right buyer. Perfect for a first-time buyer ready to build sweat equity, or an investor looking for a high-return project — this home is zoned for a duplex, triplex, or quadplex, opening the door to redevelopment, rental income, or a full renovation. Nearby homes in this sought-after pocket of Charlotte are selling for over $1 million, making this a rare opportunity to buy in below market value with serious room to grow. You're steps from eclectic dining, breweries, arts venues, and the Light Rail — walkability and lifestyle appeal that keeps this area in high demand. Strong rental comps, booming growth, and a prime location make this a smart buy whether you're planning to renovate, rebuild, or hold long-term. Homes like this don't last — bring your vision and make it yours!
Serious inquiries only.
Property details
- Beds
- 3
- Baths
- 1
- SqFt
- 1,181
- Lot
- 33x47x119x35x76x100
- Year built
- 1948
- Type
- Single Family
- Days on market
- 101
- Style
- Ranch
- Heating
- Natural Gas
- Cooling
- Central Air
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$4,158/ month
- Principal & interest
- $3,499
- Property tax (~1.05%)
- $494
- Homeowners insurance
- $164
- HOA dues
- —
Down payment
$28,250 down · $536,750 financed
Income to qualify (28% rule)
~$178,216 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.
Location
Gallery — 8 photos
About Charlotte
Metro core · Multi-ZIP coverage
The metro itself — Christy works Charlotte across multiple sub-markets, from the inner-ring streetcar suburbs through Ballantyne and the East side.


