Multifamily

Locust, NC Multifamily Properties for Sale

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Stanfield, NC Midland, NC Mount Pleasant, NC
Contemporary 2021 Duplex
Updated: Apr 11
Contemporary 2021 Duplex

606 Elm Street, Locust, NC 28097

$369,990
0.47 AC lot
Built in 2021 contemporary duplex; only one side (one unit) is for sale
4 bedrooms and 3 full bathrooms with an open floorplan and 9‑foot ceilings
Kitchen features include island, pantry, and walk‑in pantry
Central air and heat pump heating; electric water heater
Attached garage plus driveway and open parking
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Locust, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Cash Flowing Rental Property
Cash Flowing Rental Property

86 White Street NW, Concord, NC 28027

$535,000
0.20 AC lot

Rental property near Downtown Concord with modern upgrades.

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Newly Constructed Duplex Opportunity
Newly Constructed Duplex Opportunity

812 S Fifth Street, Albemarle, NC 28001

$420,000
0.21 AC lot

Newly built duplex with two spacious 3-bedroom units, each with dedicated laundry and private patio options.

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Newly Constructed Duplex
Newly Constructed Duplex

846 S Fourth Street, Albemarle, NC 28001

$420,000
0.21 AC lot

Brand-new duplex with two 3-bedroom, 2.5-bath units, modern kitchens, dedicated laundry, and private patio options.

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Turnkey Duplex in High-Demand Location
Turnkey Duplex in High-Demand Location

270/272 Spring Street SW, Concord, NC 28025

$344,500
0.07 AC lot

Renovated duplex ideal for short-term or long-term rentals.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in China Grove
Residential Land in China Grove

235 Madison Road, China Grove, NC 28023

$36,000
0.75 AC lot

0.75-acre lot suitable for residential use in Rowan County.

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Land for Sale
Land for Sale

101 Deer Park Road D-3, Mount Gilead, NC 27306

$47,500

Land available in Mount Gilead, North Carolina.

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Huntersville Land for Mobile Homes
Huntersville Land for Mobile Homes

11707 Cimmaron Road, Huntersville, NC 28078

$475,000
0.88 AC lot

Four adjoining lots suitable for mobile homes, church, or store.

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Charlotte Land with Income Potential
Charlotte Land with Income Potential

4650, 4654 & 4600 Bright Road, Charlotte, NC 28214

$1,400,000
7.09 AC lot

Income-producing property near Lake Wylie with development potential.

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Locust, NC Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Locust, NC on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $369,990.

Sale prices for multifamily properties in Locust, NC start at $369,990, averaging $369,990, and reaching up to $369,990 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 7,976
Population Growth (5Y) +31.3%
Median Household Income $77,600
College Educated 26.3%

High-Yield Neighborhoods for Investment

Identify Locust submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
28097 $370K

Taxes & Financing

Tax Rate (average for all types) 0.95%
Property Tax per SF $21.29 per SF
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Stanly County

New Delisted

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