112 Academy Ave NW, Concord, NC, 28025
About This Home
TENANT MOVING OUT ON 8/31/26!! Well-maintained investment opportunity just minutes from Downtown Concord! Built in 1965, this charming home is an investor dream hovering at the 1% Rule! The property has been thoughtfully maintained over the years, including a roof replaced in 2020, gutters replaced in 2022, and crawlspace sill replacement within the last 10 years. Interior flooring and carpet are both in great condition, making this a truly turnkey opportunity. Tenant handles much of the routine property maintenance, contributing to the home’s excellent condition and strong rental history. Features include a covered carport, all appliances conveying with the sale, and a convenient location near Downtown Concord, Gibson Mill, shopping, restaurants, entertainment, and easy access to major highways. Excellent opportunity for investors looking to add a solid income-producing property in a growing area!
Getting Around
Somewhat Walkable
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1965
Materials
- Foundation: Crawl Space
- Construction materials: Aluminum
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow,Cottage,Ranch,Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Electric Oven,Electric Range,Exhaust Fan,Exhaust Hood,Oven,Refrigerator,Washer,Washer/Dryer
- Laundry features: Electric Dryer Hookup,In Kitchen,Main Level,Washer Hookup
Bathroom Full
- Level: Main
Bedroom S
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Dining Area
- Level: Main
Features
- Flooring: Carpet,Laminate
- Finished area below ground: 0
- Finished area above ground: 932
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 932
- Total interior livable area: 932 sqft
Kitchen
- Features: Breakfast Bar,Ceiling Fan(s)
- Level: Main
Living Room
- Level: Main
Primary Bedroom
- Features: Ceiling Fan(s)
- Level: Main
Property
Details
- Parcel number: 56206924100000
- Zoning: RC
- Special condition: Subject to Lease
Features
- Levels: One
- Stories: 1
- Fencing: Partial
Lot
- Lot size: 0.16 Acres
- Features: Corner Lot
Parking
- Total spaces: 2
- Parking features: Attached Carport,Driveway
- Covered spaces: 1
- Has uncovered spaces: Yes
- Uncovered spaces: 1
- Carport: Yes
- Carport spaces: 1
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
- Ice Storm
- Cold Wave
- Lightning
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Cabarrus County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $783 | $9,396 |
| Home Insurance * | $61 | $732 |
| Property Taxes | $126 | $1,512 |
| Electricity | $200 | $2,405 |
| Total | $1,170 | $14,040 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-17 | Price change | $149,997 |
| 2026-08-03 | Price change | $154,997 |
| 2026-07-09 | Price change | $160,447 |
| 2026-06-23 | Price change | $174,997 |
| 2026-06-10 | Price change | $184,997 |
| 2026-05-22 | Listed for sale | $199,000 |
| 2019-08-23 | Sold | $15,000 |
| 2017-08-15 | Listing removed | $625 |
| 2017-08-10 | Price change | $625 |
| 2017-08-08 | Listed for rent | $595 |
For Sale by Agent
View on Zillow