$285,500
SOLD OCT 31, 2025

504 E 1st St Cherryville, NC 28021

4 Beds
2 Baths
2,728 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

3% Below List Price

30 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of October 2025

Excellent investment opportunity! This charming duplex is currently occupied with tenants on month-to-month leases that prefer to stay long term. Recent improvements include a roof (2021), water heaters in both units (2021). Right unit has LVP flooring, and updated refrigerator and stove (2022), and a HVAC (2023). Both units offer two bedrooms, one bathroom, a living room, dining area, full kitchen, and laundry space.

Last Agent to Sell the Property

Michael Burns

EXP Realty LLC Ballantyne Brokerage Phone: 704-724-7773 License #346745 Listed on: 09/04/2025

EXP Realty LLC Ballantyne

Co-Listed By

Mike Abernethy

EXP Realty LLC Ballantyne Brokerage Phone: 704-724-7773 License #273651

Last Buyer's Agent

Sunita Ruch

Our Craft Agency Inc License #277309

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Parking

  • Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,728 Sq Ft Home
  • Property has 1 Level
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Cherryville Elementary School
  • John Chavis Middle School
  • Cherryville High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for exterior maintenance
  • Assessor Parcel Number 129372

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1939
  • Road Surface Type: Gravel, Paved
  • Geocode Confidence: High
  • Attribution Contact: 704-724-7773
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Appliances: Other
  • Owner Pays: Exterior Maintenance
  • Above Grade Finished Sq Ft: 2728
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2728
  • Building Stories: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Hard Stucco

Garage/Parking

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

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air, Electric
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: John Chavis
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 129372
  • Zoning: RMF
  • Additional Parcels: No
  • Zoning Specification: RMF

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Cherryville
  • High School: Cherryville

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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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 List to Sale Price per Sq Ft Prior Sale
10/31/2025 10/31/25 Sold $285,500 -3.2% $105 / Sq Ft
09/04/2025 09/04/25 For Sale $294,900 +10.0% $108 / Sq Ft
05/07/2024 05/07/24 Sold $268,000 -3.6% $99 / Sq Ft View Prior Sale
04/01/2024 04/01/24 Pending -- -- --
03/25/2024 03/25/24 Price Changed $278,000 -4.1% $102 / Sq Ft
02/26/2024 02/26/24 Price Changed $290,000 -3.3% $107 / Sq Ft
02/05/2024 02/05/24 For Sale $299,900 +41.5% $110 / Sq Ft
12/07/2021 12/07/21 Sold $212,000 -3.2% $78 / Sq Ft View Prior Sale
11/07/2021 11/07/21 Pending -- -- --
10/29/2021 10/29/21 Price Changed $219,000 -2.7% $80 / Sq Ft
09/15/2021 09/15/21 For Sale $225,000 -- $83 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4298868

Canopy MLS (Canopy Realtor® Association)