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Three-Home Multifamily Property
New
For Sale
$795,000

220 Armour Street, Davidson, NC 28036

Residential Income, Davidson, NC

Property SizeContact for details
Lot Size0.21 Acres
Days on Market1

Property Features for 220 Armour Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description VIP
Bedrooms 5
Bathrooms 5
Full bathrooms 4
Half bathrooms 1
Rooms Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 4, Bathroom 3, Bathroom 5, Bathroom 2, Bedroom 2, Bedroom 5, Bedroom 1
Parking features Driveway, Garage - Attached
Patio and Porch features Porch
Pets allowed Yes
Fireplace 1
Appliances Electric Range, Electric Water Heater, Refrigerator
Elementary school Davidson
Middle school Bailey
High school William Amos Hough
Standard status Active
APN 326308
Lot size 0.21 Acres

Taxes and HOA fees

Tax Description L6 BC M230-52
Legal Description L6 BC M230-52

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Heat Pump (Heating), Forced Air
Cooling system Heat Pump, Wall Unit(s), Ceiling Fan(s), Central Air

Building Details

Year built 1911
Number of units 3
Flooring type Vinyl, Wood, Tile
Building materials Hardboard Siding, Vinyl
Roof type Composition
Listing Agency: EXP Realty LLC Mooresville
Listed By: Sean Herndon
Added: Oct 22 Last Checked: Oct 22 at 1:06PM
MLS# 4435199

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.

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Investment Insights

Based on property information with market context.

This 0.21-acre Village Infill (VI) property contains a single-family residence built in 1911 and two detached apartments, each positioned above its own one-car garage. The main house has two bedrooms, two full bathrooms, two living areas, a renovated kitchen, laundry room, flex room, and fireplace. The apartments each have one bedroom; one includes one bathroom and the other has one and a half bathrooms. Both apartments are occupied under recently renewed 12-month leases.

The property is in downtown Davidson, a short walk from Brickhouse Tavern, Summit Coffee, Kindred, Main Street, and Davidson College. It has city water and public sewer, is in Flood Zone X, and has no HOA. The property is offered as-is; any redevelopment, demolition, subdivision, or permitted uses require confirmation with the Town of Davidson Planning Department.

Key Highlights

  • 0.21‑acre lot zoned Village Infill (VI)
  • 1911 single‑family home plus two detached garage apartments
  • Main house includes 2 bedrooms, 2 full bathrooms, two living areas, and a fireplace

Property Analytics

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Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 28036, NC

21,244
Population
8,339
Households
2.5
Avg Household Size
39
Median Age
68%
College-Educated
96%
High-School Grad
23.4 sq mi
ZIP Area
908
Density / Sq Mi
$144,920
Median Household Income
$66,202
Median Earnings
$1,709
Median Rent
$579,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Three residential structures combine a single-family home with two leased apartments in downtown Davidson.
Where is this multifamily property located?
The property is located at 220 Armour Street Davidson, NC.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 0.21‑acre lot zoned Village Infill (VI); 1911 single‑family home plus two detached garage apartments; Main house includes 2 bedrooms, 2 full bathrooms, two living areas, and a fireplace
More about this property
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