1917 Pegram St

Off Market

1917 Pegram St

Charlotte NC 28205

3584 sq. ft.

0.26 ac.

Duplex

Last sold for $1,130,000

Peter Rieke, last sold this property on 09 February 2026 after 33 days on market.

Overview

Nestled in the heart of Charlotte’s vibrant Villa Heights neighborhood, 1917 Pegram Street presents a rare and compelling investment opportunity. Just a short walk from the bustling NODA district, residents enjoy immediate access to Charlotte’s premier nightlife, restaurants, breweries, and the Lynx Blue Line, making this location highly desirable for both short-term and long-term tenants. The building underwent a complete renovation in 2020, transforming it into a modern, turnkey set of residences. Each unit is thoughtfully outfitted with a full appliance package, including stackable washer/dryer units, ensuring convenience and comfort for tenants. The interiors are fully furnished, reflecting the properties’ history as corporate short-term rentals for the past five years. This setup allows a new owner to seamlessly continue short-term operations or pivot to long-term leasing strategies. The exterior spaces are equally appealing, featuring green space shaded by mature trees and a fenced-in dog/play park, enhancing the livability and charm of the community. With all units vacated intentionally at the end of October 2025, the property offers a clean slate for investors to place vetted tenants on their own terms, maximizing rental income and operational control. The attached income evaluation of this portfolio is based on a Pro Forma financial model for long-term rentals, which outlines the income potential and projected returns. Given the property proximity to downtown Charlotte, and the ever-growing popularity of NODA, there is significant upside potential. Whether continuing with furnished short-term rentals or transitioning to long-term leases, this quadraplex is a strategic acquisition for investors seeking growth, flexibility, and location-driven value.

Features

8 bedrooms

4 bathrooms

3584 sq. ft. floor area

0.26 ac. lot size

Duplex

Estimated Value

We need at least 3 similar 8 bedroom duplexes sold in Charlotte over the last 12 months.

Property history for 1917 Pegram St

2026

Sold

$1,130,000

09 Feb 2026 by Peter Rieke, of Coldwell Banker Realty

2019

Sold

$350,000

28 May 2019 by Timothy Goetchius, of Charlotte Metro Real Estate

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 8 bedroom duplexes in Charlotte

Sold

For Sale

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Anthony Swain

at eXp Realty

(48 reviews)

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Kara West

at COMPASS Southpark

(45 reviews)

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Haley Moore

at Corcoran HM Properties

(8 reviews)

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Valeria Gonzalez

(8 reviews)

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