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Closed

1917 Pegram Street

Charlotte, NC 28205

Closed Feb 9, 2026 Listing ID CAR292952346

$1,130,000

8 bd · 4 ba · 3,584 sqft · $315/sqft

8 Beds
4 Baths
3,584 Sq Ft
$315/Sq Ft
1969 Built
FourplexVilla HeightsFeb 9, 2026

Highlights

1969 build8 bedroomsFourplexVilla Heights

About This Home

Nestled in the heart of Charlotte’s vibrant Villa Heights neighborhood, 1917 Pegram Street presents a rare and compelling investment opportunity. Just a short walk from the bustling NODA district, residents enjoy immediate access to Charlotte’s premier nightlife, restaurants, breweries, and the Lynx Blue Line, making this location highly desirable for both short-term and long-term tenants.

The building underwent a complete renovation in 2020, transforming it into a modern, turnkey set of residences. Each unit is thoughtfully outfitted with a full appliance package, including stackable washer/dryer units, ensuring convenience and comfort for tenants. The interiors are fully furnished, reflecting the properties’ history as corporate short-term rentals for the past five years. This setup allows a new owner to seamlessly continue short-term operations or pivot to long-term leasing strategies.

The exterior spaces are equally appealing, featuring green space shaded by mature trees and a fenced-in dog/play park, enhancing the livability and charm of the community. With all units vacated intentionally at the end of October 2025, the property offers a clean slate for investors to place vetted tenants on their own terms, maximizing rental income and operational control.

The attached 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. Given the property proximity to downtown Charlotte, and the ever-growing popularity of NODA, there is significant upside potential. Whether continuing with furnished short-term rentals or transitioning to long-term leases, this quadraplex is a strategic acquisition for investors seeking growth, flexibility, and location-driven value.

Property Details

Interior Details

Heating
  • Natural Gas
Flooring
  • Laminate
Roomother
  • Primary Bedroom
  • Bedroom(s)
  • Bathroom(s)
  • Kitchen
  • Living Room
  • Dining Room
Half Bathrooms
4
Laundry Features
  • In Hall
Mainlevelgarageyn
0

Dwelling And Structure

Architectural Style
  • Traditional

Square Footage And Levels

Above Grade Finished Area
3584
Below Grade Finished Area
0

Parking And Garage

Parking Features
  • Parking Lot

Exterior Features

Roof
  • Architectural Shingle
Construction Materials
  • Brick Partial
  • Wood

Lot And Land

Fencing
  • Back Yard
  • Wood
Lot Size Units
Acres

Basement And Foundation

Foundation Details
  • Slab

Utilities

Sewer
  • Public Sewer
Utilities
  • Cable Available
Water Source
  • City

Financial Information

Citytaxespaidto
Charlotte

Zoning And Restrictions

Zoningspecification
N1- C

Multi Unit Details

Total Number Of Units
4

Listed by Peter Rieke (704-575-1993) · Coldwell Banker Realty (704-541-5111)

Location

Address
1917 Pegram Street
City
Charlotte, NC 28205
Community
Villa Heights
Get directions →

Schools

Elementary
Unspecified
Middle
Unspecified
High
Unspecified

School assignments may change. Contact the school district to confirm.

Canopy MLS

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