$290,000

496 Gibson Dr NW Concord, NC 28025

Estimated payment $1,811/month

Total Views 594
4 Beds
2 Baths
1,845 Sq Ft
$157 Price per Sq Ft

Highlights

  • Popular Property
  • Corner Lot
  • Laundry Room
  • Beverly Hills STEM Elementary Rated A-
  • No HOA
  • Baseboard Heating

About This Home

This property brings in around $29,000 annually... a CASH FLOWING PROPERTY! Check out this amazing DUPLEX right in the heart of Concord—multi-unit properties like this are incredibly rare. Ideally located on the corner of Brookwood and Gibson near Downtown Concord, Gibson Mill, Concord Mills, hospitals, major highways and more! With low-maintenance features and reliable tenants, it’s ready to start earning for you immediately. Please respect the tenants’ privacy—no showings until a contract is negotiated and signed. All tenants are currently on a month-to-month lease. Both units have newer cabinets, and the Gibson unit features updated flooring. Most electrical and plumbing systems have been recently upgraded. The seller covers water, which has consistently been under $150 per month. Landscaping is only $30/month, and there are no other maintenance expenses. On 226 Brookwood side refrigerator only conveys. On Gibson side both stove and refrigerator convey. Rental income breakdown:
• 1-bedroom units: $900/month
• 3-bedroom unit: $1,550/month

Listing Agent

Christina Wright

Branch Wealth Partners, LLC Brokerage Email: christina@branchwealthpartners.com License #350615 Listed on: 12/03/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Corner Lot
  • Additional Parcels

Parking

  • Driveway

Home Design

  • Duplex
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,845 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Beverly Hills Elementary School
  • Concord Middle School
  • Concord High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for exterior maintenance, - see remarks
  • Assessor Parcel Number 5621-30-2968-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Road Surface Type: Dirt, Concrete
  • Geocode Confidence: High
  • Attribution Contact: christina@branchwealthpartners.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Appliances: Electric Range, Oven, Refrigerator
  • Owner Pays: Exterior Maintenance, Other - See Remarks
  • Above Grade Finished Sq Ft: 1845
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1845
  • Building Stories: 2

Exterior Features

  • New Construction: No
  • Roof: Architectural Shingle
  • Construction Type: Site Built
  • Pool Private: No
  • Waterfront Features: None
  • Construction Type: Vinyl

Garage/Parking

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

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • 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 Features: Corner Lot
  • Lot Size Units: Acres
  • Parcel Number: 5621-30-2968-0000
  • Plat Book Slide: 00001
  • Plat Reference Section Pages: 00001
  • Additional Parcels Description: 226 BROOKWOOD AVE, 496 GIBSON DR
  • Additional Parcels: Yes
  • Zoning Specification: RV

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Yes, Conditional

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Beverly Hills
  • High School: Concord

Map

Range of Values:

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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 List to Sale Price per Sq Ft
12/03/2025 12/03/25 For Sale $290,000 -- $157 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4326751

Canopy MLS (Canopy Realtor® Association)