Back 1040 Drummond Avenue
Off Market

1040 Drummond Avenue

Charlotte NC 28205

3
1
1181 sq. ft.
0.26 ac.
Single-Family
Last sold for $450,000
Jennifer BellingerJennifer Bellinger, last sold this property on 23 September 2026 after 170 days on market.

Overview

Prime Location, Endless Potential — Sold AS IS! Here's your chance to get into one of Charlotte's hottest neighborhoods at an incredible value! Located just minutes from Uptown, NoDa, and North Campus, this property needs some TLC but offers huge upside for the right buyer. Perfect for a first-time buyer ready to build sweat equity, or an investor looking for a high-return project — this home is zoned for a duplex, triplex, or quadplex, opening the door to redevelopment, rental income, or a full renovation. Nearby homes in this sought-after pocket of Charlotte are selling for over $1 million, making this a rare opportunity to buy in below market value with serious room to grow. You're steps from eclectic dining, breweries, arts venues, and the Light Rail — walkability and lifestyle appeal that keeps this area in high demand. Strong rental comps, booming growth, and a prime location make this a smart buy whether you're planning to renovate, rebuild, or hold long-term. Homes like this don't last — bring your vision and make it yours! Serious inquiries only.

Features

3 bedrooms
1 bathroom
1181 sq. ft. floor area
0.26 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Charlotte over the last 12 months, the estimated median property value of 1040 Drummond Avenue is $505.25k.

Median value
$505.25k
Estimated value range
$230k - $1.7m
Median days on market
21
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Charlotte. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1040 Drummond Avenue

2026
Sold
$450,000
23 Sep 2026 by Jennifer Bellinger, of ERA Live Moore

Happy sellers in Charlotte

88%
88% of sellers in Charlotte reported that their sale price either exceeded or met their price expectations.

Charlotte stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Charlotte over the last 12 months.

Local market activity for 3 bedroom single-family properties in Charlotte

In the last 12 months, 308 three-bedroom single-family properties similar to 1040 Drummond Avenue, have been sold.

This represents a 2% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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