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Listed price in listed location currency (USD).
$395,000

550

MLS® 4373518

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2188 sqft
Garage 
Taxes 
Days Active 15
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $180
MLS® Number 4373518

Property Address: 1212 W Monroe St, Salisbury, NC, 28144-3977

Average square foot calculated using Size range provided by listing agent.

Description

Discover a rare income-producing opportunity with this charming triplex located at 1212 W Monroe Street in Salisbury, NC. This value-driven multifamily property is already structured for success with three separate units—featuring a mix of 2-bedroom and 1-bedroom layouts—making it perfectly positioned to generate multiple streams of rental income from day one. Currently undergoing renovations, this property presents a powerful advantage for savvy investors who understand the upside of buying during transformation. As improvements continue, the potential for increased rental rates, forced appreciation, and long-term equity growth becomes even more compelling. Imagine securing a property before its full value is realized—this is where strategic investors win. The exterior showcases a classic design with a welcoming covered front porch, while the interior layout offers functional living spaces ideal for tenants seeking comfort and convenience. With approximately 2, 188 heated square feet and additional basement space, there is room to enhance value even further. Positioned on a .23-acre lot with city water and sewer, and located near local amenities, this property benefits from both accessibility and demand. Even more appealing—all utilities are currently owner-paid, offering flexibility to restructure expenses and maximize ROI. Whether you're looking to house hack, expand your rental portfolio, or secure a cash-flowing asset in a growing market, this property checks all the boxes. Opportunities like this—where timing, value, and potential intersect—don’t stay available for long. Act now to capitalize on this renovation-stage investment before it reaches full market potential.
MLS® Number4373518
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementApartment
DrivewayDriveway, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 23, 2026List Date
$395,000List Price
  • Commute

Commute

Starting Address
Destination Address
1212 W Monroe St, Salisbury, NC

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