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    101 Courtney Ln Matthews, NC 28105

    New
    Under Contract
    For Sale
    $749,000

    MULTI_FAMILY - Matthews, NC

    Lot size:
    0.86 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 101 Courtney Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bedroom 3, Bedroom 6, Bathroom 5, Bathroom 3, Bathroom 6, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 2
    Bedrooms
    6
    APN
    227-032-28
    Parking features
    Driveway
    Patio and Porch features
    Porch
    Pets allowed
    Yes
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Electric Range, Microwave, Refrigerator
    Lot size
    0.86 Acres

    Utilities

    Heating system
    Heat Pump (Heating), Central, Ductless (Heating), Electric (Heating)
    Cooling system
    Central Air, Ductless, Electric
    Water source
    Well

    Building Details

    Year built
    1979
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile, Vinyl
    Building materials
    Vinyl
    Roof type
    Shingle

    Don Anthony Realty, LLC (888) 388-4377 [email protected]

    Listing agent Rory Cummins (704) 622-4865

    Listing date Dec 2, 2025

    MLS# 4317457 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Duplex in Desirable Location

    This updated duplex, operating as a successful short-term rental, presents an investment opportunity in a desirable area. The property features two spacious units, each with 3 bedrooms, 2 full baths, and 1 half bath, totaling 6 bedrooms and 4 full baths with 2 half baths. Situated on a 0.86-acre lot, there is potential to add a third unit with an ADU, up to 900 sqft. The property is being sold fully furnished with all appliances. The duplex has already generated $68,100 in revenue in its first 10 months and is projected to reach $80,000-$85,000 in revenue. Long-term 3-bedroom rental comps in the area average around $2200-$2300, potentially bringing in $4400-$4600 as a long-term rental. Both units have been thoughtfully maintained and upgraded for modern living. Unit 103 underwent a complete kitchen remodel and full bathroom renovations in 2020, showcasing contemporary finishes, custom cabinetry, and stylish tile work. In the same year, the property received a new roof and all-new flooring throughout both units. New washing machines have been installed in both units, along with a new dryer in unit 101. Each side offers open-concept living and dining spaces, ample natural light, and multiple bedrooms. An EV charger has also been newly installed. The property is centrally located near Charlotte's vibrant districts, minutes from the Arboretum, downtown Matthews, city parks, Uptown, and the airport. The layout provides flexibility to continue as a short-term rental or convert to long-term leases.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Matthews
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.742445
    Latitude
    35.115889

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    FAQs

    What type of property is this?
    Duplex - Income-producing duplex near Charlotte with short-term rental potential.
    Where is this duplex located?
    The property is located at 101 Courtney Ln Matthews, NC.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Projected $80-85k annual revenue as a successful short-term rental property.; - Potential to add a 3rd unit with an ADU (up to 900 sqft) on the .86 acre lot.; - Fully furnished with all appliances included, turnkey and ready for immediate operation.
    (704) 622-4865
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    101 Courtney Ln Matthews, NC 28105
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    Matthews, NC 28105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Courtney Ln Matthews, NC 28105
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