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$699,000

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161 Union

Concord, NC 28025

7

bedrooms

0

baths

4,180

sq.ft.

$167

price per sf

Property TypeResidential Income
Year Built1945
Carnarri Cofield

Presented By

Carnarri Cofield

REALTOR®

About This Property

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.

About the Neighborhood

Homes for sale in 28025 place buyers in the established northern and eastern corridors of Concord — Cabarrus County's historic seat and one of the Charlotte metro's fastest-growing cities — approximately 20 miles northeast of Uptown Charlotte via I-85. The residential landscape spans a broad architectural range, from late 19th and early 20th century Victorian and Colonial Revival homes in Concord's walkable historic downtown neighborhoods to mid-century brick ranches and 1980s–2000s traditional subdivisions that reflect decades of steady growth. The revitalized Downtown Concord corridor along Union Street South anchors the community's commercial identity with local restaurants and boutique retail, while Frank Liske Park — one of Cabarrus County's premier green spaces — provides athletic fields, a lake, and extensive outdoor amenities. Major employers including Cabarrus Health Alliance and the broader Concord Mills and Concord-Padgett Regional Airport employment corridor are within easy reach. Uptown Charlotte commutes run approximately 25–30 minutes via I-85, and the 28025 real estate market consistently delivers competitive price points relative to comparable Mecklenburg County addresses, making it a high-value entry point into the greater Charlotte metro.

Property Features

Property Description

  • Beds Total: 7
  • Half Baths: 0
  • Stories: 3
  • Year Built: 1945
  • Living Area: 4,180 sqft
  • New Construction: No
  • MLS #: 4336773

Additional Home Features

  • Subdivision: None
  • Neighborhood: None

Association

  • HOA Required: No

Interior Features

  • Heating: Other - See Remarks
  • Cooling: Window Unit(s)
  • In Unit
  • Inside

Appliances

  • Electric Range
  • Microwave

Construction Materials

  • Brick Full
  • Foundation: Crawl Space

Cooling

  • Window Unit(s)

Foundation Details

  • Crawl Space

Heating

  • Other - See Remarks

Laundry Features

  • In Unit
  • Inside

Parking Features

  • Parking Lot
  • Parking Space(s)

Pets Allowed

  • Conditional

Road

  • Road Responsibility: Publicly Maintained Road
  • Road Surface Type: Concrete, Paved

Sewer

  • Public Sewer

WaterSource

  • City

Flooring

  • Wood

Tax and Financial Info

  • Listing Terms: Cash

Location

LISTING COURTESY OF: EXP REALTY LLC BALLANTYNE

rory.cummins@exprealty.com

MLS GRID

Listings courtesy of Canopy MLS as distributed by MLS GRID

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty LLC Ballantyne

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Carnarri Cofield

$699,000

161 Union

7 bed, 0 bath