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315 S Gardner Ave, Charlotte, NC, 28208

3beds
2baths
13,200sqft
$3,000,000
$227price/sqft
$17,637/moest. monthly cost
$705,480/yrincome needed

About This Home

Amazing Investment Opportunity | 17 Unit Multi Family Complex | 3 Buildings Total | 2 - Two Story Buildings | 1 - 1 Story Building | 315 S Gardner Avenue, 317 S Gardner Avenue, 321 S Gardner Avenue, 325 S Gardner Avenue | 13 - 2 Bedroom Units | 4 - 1 Bedroom Units | Rents Range From $1,000 - $1,200 Per Month, Per Unit | Pictures Show A Completely Renovated Unit | 13 Units Have Had Upgrades | 3 Units Have Mini Split HVAC Systems | New Construction Surrounds The Property | Location Location Location

Getting Around

30
WalkingCar-Dependent
49
TransitSome Transit
47
BikeSomewhat Bikeable

Schools

4/10
Bruns Avenue ElementaryGrades PK-50.4 mi
3/10
Ranson MiddleGrades 6-84.2 mi
5/10
West Charlotte HighGrades 9-121.5 mi

Construction

Condition

  • Year built: 1956

Materials

  • Foundation: Crawl Space,Slab
  • Construction materials: Brick Full

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Disposal,Electric Range,Microwave,Refrigerator
  • Laundry features: Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 17

Features

  • Finished area below ground: 0
  • Finished area above ground: 13,200

Heating & Cooling

  • Heating features: Baseboard,Ductless,Forced Air
  • Cooling features: Ductless,Window Unit(s)

Interior Area

  • Total structure area: 13,200
  • Total interior livable area: 13,200 sqft

Property

Details

  • Parcel number: 07111110
  • Zoning: N1-D
  • Special condition: Subject to Lease

Lot

  • Lot size: 0.85 Acres

Parking

  • Parking features: Parking Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Inland Flooding

FEMA Declared Disasters in Mecklenburg County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $15,169$182,028
Home Insurance *$1,070$12,840
Property Taxes $169$2,028
Electricity $1,229$14,753
Total$17,637$211,644
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$604,697/yr
40% on housing$529,110/yr
45% on housing$470,320/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$227This listing

vs Other Active Listings

Avg $/sqft

ZIP 28208$197
Mecklenburg County$237

vs Homes Sold Last Month

Median $/sqft

ZIP 28208$258
Mecklenburg County$238

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-24Price change$3,500,000
2023-01-13Listed for sale$2,800,000
2023-01-11Sold$2,550,000
2022-11-28Contingent$2,800,000
2022-10-26Listed for sale$2,800,000

For Sale by Agent

AgentMatthew VanHoughton
BrokerageCarolinas Dynamic Realty

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