$625,000
SOLD APR 24, 2025

745 Arbor St NE Concord, NC 28025

5 Beds
5 Baths
3,068 Sq Ft
0.34 Acres

Recently Sold

$204 Per Sq Ft

9% Below List Price

23 Days on Market

Highlights

  • Breakfast Room
  • Living Room
  • Four Sided Brick Exterior Elevation
  • Beverly Hills STEM Elementary Rated A-
  • Laundry Room
  • Baseboard Heating

About This Home

As of April 2025

Five-plex unit available in the heart of Concord! Immediate income with 3 vacant units and an amazing location. Property has a new roof, new privacy fence, several units have new flooring, new paint, new storm doors, new counters and fixtures. Units 1 & 3 have month to month tenants with strong rental history. Unit 5 is a blank canvas, with new paint and ready for completion. Storage available for each unit and lots of parking. See this property today! Please do not disturb tenants in units 1 & 3.

Last Agent to Sell the Property

Vanessa Miles

Allen Tate Concord Brokerage Email: vanessa.miles@allentate.com License #298718

Allen Tate Concord

Last Buyer's Agent

Jordan Flair

Pacifico Properties LLC License #274752

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • Privacy Fence
  • Level Lot

Home Design

  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3,068 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Breakfast Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for all except water
  • The owner pays for water
  • Assessor Parcel Number 5621-35-5392-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Fiveplex
  • Year Built: 1962
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: vanessa.miles@allentate.com
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Vinyl
  • Sq Ft Unheated Basement: 0
  • Room Other: Primary Bedroom,Bathroom(s),Kitchen,Living Room,Breakfast
  • Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
  • Owner Pays: Water
  • Above Grade Finished Sq Ft: 3068
  • Basement YN: No
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Living Area: 3068
  • Building Stories: 1
  • Sq Ft Other: 156
  • Unit Type Features: Walk-In Closet(s)
  • Unit Type Features: Walk-In Closet(s)
  • Unit Type Features: Walk-In Closet(s)
  • Unit Type Features: Walk-In Closet(s)

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Privacy
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Laundry Features: In Bathroom, In Kitchen
  • Cooling: Window Unit(s)
  • Utilities: Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.34
  • Lot Size Units: Acres
  • Parcel Number: 5621-35-5392-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-2

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All except water
  • Pets Allowed: No

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $625,000 -8.8% $204 / Sq Ft
02/18/2025 02/18/25 For Sale $685,000 -- $223 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4223838

Canopy MLS (Canopy Realtor® Association)