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    1909 Pegram St Charlotte, NC 28205

    For Sale
    $1,899,000

    MULTI_FAMILY - Charlotte, NC

    Lot size:
    0.50 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 1909 Pegram St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Insulated Windows
    Rooms
    Bedroom 13, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 9, Bathroom 3, Bathroom 5, Bedroom 11, Bathroom 1, Bedroom 1, Bedroom 8, Bathroom 9, Bathroom 7, Bathroom 8, Bathroom 10, Bedroom 7, Bedroom 10, Bedroom 5, Bedroom 6, Bathroom 11, Bedroom 4, Bathroom 6, Bedroom 12, Bedroom 14
    Bedrooms
    14
    APN
    083-096-12
    Parking features
    Parking Lot
    Interior features
    Cable Prewire
    Fencing
    Fenced
    Appliances
    Dishwasher, Disposal, Electric Range, Electric Water Heater, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, Microwave, Oven, Refrigerator, Washer
    Lot size
    0.50 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1968
    Number of units
    7
    Flooring type
    Vinyl, Wood
    Building materials
    Brick Full, Wood
    Roof type
    Shingle

    Coldwell Banker United, Realtors of Charlotte, NC (704) 872-0923 [email protected]

    Listing agent Peter Rieke (704) 575-1993

    Listing date Nov 23, 2025

    MLS# 4317137 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

    Villa Heights Multifamily Investment Portfolio

    Located in Charlotte's Villa Heights neighborhood, 1909 and 1917 Pegram Street are offered together as a seven-unit portfolio. The portfolio consists of a triplex at 1909 Pegram St. and a quadraplex at 1917 Pegram St., each on its own parcel. Situated near the NODA district, residents have access to nightlife, restaurants, breweries, and the Lynx Blue Line. Both buildings were renovated in 2020 and feature modern residences. Each unit includes a full appliance package with stackable washer/dryer units. The interiors are furnished, reflecting their use as corporate short-term rentals for the past five years. Exterior spaces include green space shaded by mature trees and a fenced-in dog/play park. The portfolio offers a clean slate for investors to place tenants on their own terms, maximizing rental income and operational control, as all units were intentionally vacated at the end of October 2025. The income evaluation of this portfolio is based on a Pro Forma financial model for long-term rentals, which outlines the income potential and projected returns. The properties' proximity to downtown Charlotte and the popularity of NODA offer significant upside potential. This seven-plex portfolio is suitable for investors seeking growth, flexibility, and location-driven value, whether continuing with furnished short-term rentals or transitioning to long-term leases. The lot size is 0.5 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -80.813829
    Latitude
    35.235231

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    FAQs

    What type of property is this?
    Triplex - Seven-unit portfolio near NODA, renovated in 2020, flexible leasing options.
    Where is this triplex located?
    The property is located at 1909 Pegram St Charlotte, NC.
    What is the asking price?
    The asking price for this property is $1,899,000.
    What are key features of this property?
    This property features: - Prime location in the desirable Villa Heights neighborhood, walking distance to NODA's nightlife, restaurants, breweries, and the Lynx Blue Line.; - Turnkey investment opportunity: two multifamily properties (triplex and quadraplex) sold together as a seven-unit portfolio.; - **Completely renovated in 2020, offering modern, fully furnished residences with full appliance packages including stackable washer/dryer units.**
    (704) 575-1993
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    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
    1909 Pegram St Charlotte, NC 28205
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