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    1507/1509 Matheson Ave Charlotte, NC 28205

    New
    Under Contract
    For Sale
    $659,000

    MULTI_FAMILY - Charlotte, NC

    Lot size:
    0.17 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 6 at 5:06 am

    Property Features for 1507/1509 Matheson Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
    Bedrooms
    2
    APN
    093-095-03
    Parking features
    Driveway
    Pets allowed
    Yes
    Fencing
    Fenced
    Appliances
    Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
    Lot size
    0.17 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Central
    Cooling system
    Central Air

    Building Details

    Year built
    1940
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile, Wood
    Building materials
    Brick Partial, Hardboard Siding
    Roof type
    Shingle

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

    Listing agent Rory Cummins (704) 622-4865

    Listing date Nov 30, 2025

    MLS# 4304240 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 Prime Location

    This well-maintained duplex in Charlotte, North Carolina, offers a rare opportunity in a prime location. The property features two updated 1-bedroom, 1-bathroom units, suitable for investors or those seeking rental income. Each unit includes hardwood and tile flooring, remodeled bathrooms, and updated kitchens with quartz countertops, modern cabinetry, and upgraded finishes. Sliding glass doors open to back decks, expanding the living and entertaining space. The property is currently used as a mixed-use rental, with one unit leased as a long-term rental and the other operating as an Airbnb. The combined income averages $5,000 to $6,000 per month. The units can be converted back into 2-bedroom units. Recent improvements include new HVAC systems for both units with warranty (installed in 2025), a fully fenced yard, upgraded landscaping, new interior and exterior lighting, composite decking, and exterior paint completed in 2024. A double-wide concrete driveway provides parking for up to 8 vehicles. The property is situated on a 0.17-acre lot. Its location offers convenient access to Plaza Midwood, NoDa, and Uptown.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.797485
    Latitude
    35.236337

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    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with rental income potential near Plaza Midwood.
    Where is this duplex located?
    The property is located at 1507/1509 Matheson Ave Charlotte, NC.
    What is the asking price?
    The asking price for this property is $659,000.
    What are key features of this property?
    This property features: - High Income Potential: Averaging $5,000-$6,000 per month in combined rental income.; - Prime Location: Minutes from Plaza Midwood, NoDa, and Uptown Charlotte.; - Updated Units: Remodeled bathrooms and updated kitchens with quartz countertops.
    (704) 622-4865
    Request Owner's contact information
    1507/1509 Matheson Ave Charlotte, NC 28205
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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
    1507/1509 Matheson Ave Charlotte, NC 28205
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