501 Friendship Dr, Matthews, NC, 28105
About This Home
Turnkey investment opportunity in Union County with built-in flexibility. This 1,753 sqft property is currently configured for duplex-style living, featuring two separate living areas, each offering 2 bedrooms and 2 bathrooms, while remaining a single-family residence. Ideal for investors, house hackers, or multi-generational living. Extensively renovated throughout, including a new roof, HVAC systems, plumbing, and electrical, helping minimize future capital expenses. Interior upgrades showcase modern kitchens with new cabinetry and stainless steel appliances, updated bathrooms, and new flooring throughout. The property includes separate entrances for added privacy and versatility, along with ample parking, a shared driveway, an oversized deck, and a spacious backyard that enhances tenant or occupant appeal. Conveniently located near shopping, schools, and I-485 in a high-demand rental area. No HOA.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1975
Materials
- Foundation: Crawl Space
- Construction materials: Vinyl
Type & Style
- Home type: SingleFamily
- Property subType: Modular
Interior
Appliances
- Appliances included: Microwave,Dishwasher,Disposal,Electric Oven,Refrigerator with Ice Maker,Trash Compactor
- Laundry features: Electric Dryer Hookup,Laundry Closet,Washer Hookup
Bathroom Full
- Level: Main
Bedroom S
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bedrooms: 4
Features
- Flooring: Vinyl
- Finished area below ground: 0
- Finished area above ground: 1,753
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air,Ductless
Interior Area
- Total structure area: 1,753
- Total interior livable area: 1,753 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Primary Bedroom
- Level: Main
Property
Details
- Parcel number: 07144174
- Zoning: SFR-3
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Front Porch,Rear Porch
- Fencing: Back Yard,Wood
Lot
- Lot size: 0.39 Acres
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
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
- Tornado
- Cold Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Union 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 | $2,326 | $27,912 |
| Home Insurance * | $147 | $1,764 |
| Property Taxes | $270 | $3,240 |
| Electricity | $200 | $2,405 |
| Total | $2,943 | $35,316 |
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 |
|---|---|---|
| 2026-04-16 | Listed for sale | $460,000 |
| 2026-04-16 | Listing removed | $460,000 |
| 2026-04-16 | Listed for sale | $460,000 |
| 2026-04-13 | Pending sale | $460,000 |
| 2026-03-26 | Listed for sale | $460,000 |
| 2024-08-19 | Listing removed | -- |
| 2024-08-11 | Listed for sale | $500,000 |
| 2024-08-09 | Listing removed | -- |
| 2024-08-01 | Listed for sale | $500,000 |
| 2007-08-01 | Sold | $31,000 |
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