$925,000
$50K PRICE DROP

4681 Grassy Creek Rd Denver, NC 28037

Estimated payment $5,990/month

Total Views 2,056
12 Beds
-- Bath
5,270 Sq Ft
$176 Price per Sq Ft

About This Home

INVESTMENT OPPORTUNITY! 3 Duplexes (6 units total) buildings located in Growing Lake Norman Market! Minutes from many grocery stores, dining, shopping and all the recreational amenities Lake Norman has to offer. ALL 6 UNITS are currently rented. Each unit has 2 BR, 1-1.5 Baths, and in-unit laundry hookups. Two 1-story buildings and one 2-story building. All Units include refrigerator and range.

Listing Agent

Boston Reid

COMPASS Brokerage Email: bostonreid@me.com License #265912 Listed on: 06/25/2025

COMPASS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1997

Lot Details

  • Additional Parcels

Parking

  • Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 12 Bedrooms
  • 5,270 Sq Ft Home
  • Crawl Space
  • Electric Range
  • Washer and Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Shared Well
  • Septic Tank

Listing and Financial Details

  • The owner pays for sewer, water, - see remarks
  • Assessor Parcel Number 369601360283

Property Details

Home Type

Multi-Family

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1997
  • Road Surface Type: Concrete, Paved
  • Geocode Confidence: High
  • Attribution Contact: bostonreid@me.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Appliances: Electric Range, Refrigerator
  • Owner Pays: Sewer, Water, Other - See Remarks
  • Above Grade Finished Sq Ft: 5270
  • Basement YN: No
  • Total Bedrooms: 12
  • Living Area: 5270

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Exclusions: Any tenant owned fixtures
  • Construction Type: Brick Full

Garage/Parking

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

Utilities

  • Heating: Central
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Water Source: Shared Well

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 2.59
  • Lot Size Units: Acres
  • Parcel Number: 369601360283
  • Additional Parcels Description: 369601361105, 369601361066
  • Additional Parcels: Yes
  • Zoning Specification: R-40

Rental Info

  • Tenant Pays: Electricity, Internet, Trash Collection
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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ICE

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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
08/08/2025 08/08/25 Price Changed $925,000 -5.1% $176 / Sq Ft
06/25/2025 06/25/25 For Sale $975,000 -- $185 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4273457

Canopy MLS (Canopy Realtor® Association)

APN: 3696-01-36-0283