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    927 Richard St Salisbury, NC 28144

    Sponsored
    For Sale
    Under Contract
    $250,000

    MULTI_FAMILY - Salisbury, NC

    Lot size:
    0.28 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 7 at 9:06 pm

    Property Features for 927 Richard St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1
    Bedrooms
    4
    APN
    011299
    Parking features
    Driveway
    Appliances
    Electric Range, Refrigerator
    Lot size
    0.28 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Floor Furnace
    Cooling system
    Central Air, Multi Units

    Building Details

    Year built
    1949
    Number of units
    2
    Building materials
    Brick Full

    Wallace Realty Co. (704) 636-2021 x102 [email protected]

    Listing agent Tina Kirby (704) 477-7370

    Listing date Jan 6, 2026

    MLS# 4330671 Listing URL

    Copyright © 2026 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

    Duplex in Salisbury, North Carolina

    This duplex in Salisbury, North Carolina, presents an investment opportunity with tenants already in place. The property, situated on a 0.28-acre lot, offers immediate income and potential for increased value. Each of the two units features a separate entrance and a layout consisting of two bedrooms and one bathroom. The property requires updates, making it suitable for investors looking to add value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.458437
    Latitude
    35.673609

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    FAQs

    What type of property is this?
    Duplex - Duplex with tenants, immediate income, and upside potential.
    Where is this duplex located?
    The property is located at 927 Richard St Salisbury, NC.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Duplex with tenants in place for immediate income.; - Strong upside potential for investors.; - Each unit has a separate entrance.
    (704) 636-2021
    Request Owner's contact information
    927 Richard St Salisbury, NC 28144
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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
    927 Richard St Salisbury, NC 28144
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