200 N Martin Luther King jr Ave N Salisbury, NC 28144
Estimated payment $945/month
Total Views
3,706
2
Beds
1
Bath
1,145
Sq Ft
$131
Price per Sq Ft
Highlights
- Laundry Room
- Central Heating and Cooling System
- 2-minute walk to Cannon Park
- 1-Story Property
About This Home
CALLING ALL INVESTORS!!!! Don’t miss this fantastic opportunity to own a well-maintained 2-bedroom, 1-bath home just minutes from the heart of downtown Salisbury, NC. This cozy property offers comfortable living with a convenient location close to shops, dining, and local amenities, making it a desirable rental for tenants and a smart investment for new landlords.
The property was most recently rented for $1k a month and has been an excellent rental for 10 years. Potential to increase to current market rates for even better cash flow. Whether you’re a first-time investor or looking to expand your portfolio, this home is a solid choice with immediate income potential.
Schedule your showing today and take the first step toward building your real estate investment portfolio!
Listing Agent
Lantern Realty & Development, LLC Brokerage Email: ch2realty@gmail.com License #279213 Listed on: 07/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,399
Year Built
- Built in 1920
Parking
- Driveway
Home Design
- Vinyl Siding
Interior Spaces
- 1,145 Sq Ft Home
- 1-Story Property
- Crawl Space
- Laundry Room
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Additional Features
- Property is zoned UR
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 016114
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,399 | $116,954 | $11,890 | $105,064 |
| 2023 | $1,399 | $116,954 | $11,890 | $105,064 |
| 2022 | $583 | $42,322 | $9,020 | $33,302 |
| 2021 | $583 | $42,322 | $9,020 | $33,302 |
| 2020 | $583 | $42,322 | $9,020 | $33,302 |
| 2019 | $583 | $42,322 | $9,020 | $33,302 |
| 2018 | $515 | $37,868 | $9,020 | $28,848 |
| 2017 | $512 | $37,868 | $9,020 | $28,848 |
| 2016 | $498 | $37,868 | $9,020 | $28,848 |
| 2015 | $501 | $37,868 | $9,020 | $28,848 |
| 2014 | $501 | $38,304 | $9,225 | $29,079 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | Price Changed | $149,999 | -4.8% | $131 / Sq Ft |
| 07/14/2025 07/14/25 | For Sale | $157,500 | -- | $138 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $35,000 | None Available | |
| Warranty Deed | $36,500 | -- | |
| Special Warranty Deed | -- | -- | |
| Trustee Deed | $42,422 | -- |
Source: Public Records
Similar Homes in Salisbury, NC
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4280378
APN: 016-114
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