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    374 Union St S Concord, NC 28025

    For Sale
    $550,000

    MULTI_FAMILY - Cottage - Concord, NC

    Lot size:
    0.28 Acres
    Days on Market:
    50
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 374 Union St S

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bedroom 6, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    5630-14-4430-0000
    Parking
    6
    Parking features
    Driveway
    Patio and Porch features
    Deck, Porch
    Pets allowed
    Yes
    Appliances
    Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer
    Lot size
    0.28 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Tile, Carpet, Wood, Linoleum
    Building materials
    Wood
    Roof type
    Composition
    Architectural style
    Cottage

    C.A.Carter Group 704-837-4256 x600 [email protected]

    Listing agent Renda Powell (704) 701-4854

    Listing date Oct 17, 2025

    MLS# 4289154 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

    Triplex Investment Near Downtown Concord

    This triplex presents a rental income opportunity, situated minutes from downtown Concord. Each unit features 2 bedrooms and 1 bath. The property is located steps from downtown Concord's shops, dining, and events. The location provides easy access to highways, parks, restaurants, and local attractions in the renovated downtown Concord. The property is located on South Union Street in a sought-after neighborhood. The lot size is 0.28 acres. One 885 square foot unit is currently leased for $700 per month on a month-to-month basis, while the other two units are currently vacant and available for new leases.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage 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
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.572375
    Latitude
    35.40056

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    FAQs

    What type of property is this?
    Triplex - Triplex near downtown Concord with strong rental history.
    Where is this triplex located?
    The property is located at 374 Union St S Concord, NC.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Triplex investment property in a prime, walkable location near downtown Concord.; - Opportunity to live in one unit and rent out the other two for mortgage offset or full rental income.; - Strong rental history and income-producing potential in a sought-after neighborhood.
    (704) 701-4854
    Request Owner's contact information
    374 Union St S Concord, NC 28025
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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
    374 Union St S Concord, NC 28025
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