$499,999
$175K PRICE DROP

374 Union St S Concord, NC 28025

Estimated payment $2,979/month

Total Views 11,058
6 Beds
3 Baths
3,770 Sq Ft
$133 Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • R Brown Mcallister STEMElementary Rated A-
  • Loft
  • Cottage

About This Home

Savvy Investor! Rarely available Secure steady rental income with this triplex, minutes from all downtown Concord has to offer—act fast!
Triplex Investment – Walk to Downtown Concord!
Fantastic rental opportunity on desirable South Union Street! Live in one unit & rent other two-Ideal for offsetting your mortgage or generating full rental income. Each unit is 2 bedroom, 1 bath & just steps from downtown Concord’s shops, dining, & events. Strong rental history & prime walkable location make this ideal addition to any portfolio. Each unit offers comfortable living, plenty of natural light, & classic charm. Easy access to highways, parks, restaurants & local attractions in newly & beautifully renovated downtown Concord. Don’t miss chance to own income-producing property in one of Concord’s most sought-after neighborhoods! 885 sq. ft. unit is currently leased for $700/month to month. Other two currently vacated but available for new leases.
Check online attachments for rent comps.

Listing Agent

Renda Powell

CARTER GROUP REALTORS® Brokerage Email: renda@cacartergroup.com License #146402 Listed on: 08/29/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 65x188

Home Design

  • Triplex
  • Cottage
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,770 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Loft
  • Crawl Space
  • Carbon Monoxide Detectors
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 6 Parking Spaces
  • Driveway
  • 6 Open Parking Spaces

Outdoor Features

  • Deck
  • Front Porch

Schools

  • R Brown Mcallister Elementary School
  • Concord Middle School
  • Concord High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Historic District Subdivision

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 5630-14-4430-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Architectural Style: Cottage
  • Year Built: 1900
  • Restrictions: Historical
  • Restrictions Description: In Concord Historic District. Historic Guidelines attached online
  • Road Surface Type: Dirt, Paved
  • Geocode Confidence: High
  • Attribution Contact: renda@cacartergroup.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Tile, Wood
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room,Loft
  • Appliances: Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer
  • Owner Pays: Trash Collection, Water
  • Above Grade Finished Sq Ft: 3770
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Living Area: 3770
  • Building Stories: 2

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Wood
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Total Parking Spaces: 6
  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5630-14-4430-0000
  • Lot Size Acres: 0.28
  • Lot Size: 65x188
  • Additional Parcels: No
  • Zoning Specification: RM-2

Rental Info

  • Tenant Pays: All except water
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: R Brown McAllister
  • High School: Concord

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $4,680 $469,870 $96,300 $373,570
2024 $4,680 $469,870 $96,300 $373,570
2023 $3,219 $263,820 $58,500 $205,320
2022 $3,219 $263,820 $58,500 $205,320
2021 $3,219 $263,820 $58,500 $205,320
2020 $3,219 $263,820 $58,500 $205,320
2019 $2,578 $211,290 $36,000 $175,290
2018 $2,535 $211,290 $36,000 $175,290
2017 $2,493 $211,290 $36,000 $175,290
2016 $1,479 $128,120 $36,000 $92,120
2015 $1,512 $128,120 $36,000 $92,120
2014 $1,512 $128,120 $36,000 $92,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2025 12/09/25 Price Changed $499,999 -9.1% $133 / Sq Ft
10/17/2025 10/17/25 Price Changed $550,000 -4.3% $146 / Sq Ft
09/23/2025 09/23/25 Price Changed $575,000 -11.5% $153 / Sq Ft
09/18/2025 09/18/25 Price Changed $650,000 -3.7% $172 / Sq Ft
08/29/2025 08/29/25 For Sale $675,000 -- $179 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4289154

Canopy MLS (Canopy Realtor® Association)

APN: 5630 14 4430