$425,000

1319 Cathey Road, Charlotte, NC 28214

3 beds |
2 baths |
2,810 sqft

Single-Family Home
Built in 1958
0.75acre lot
4 car garage
$151/sqft
Listed 1 day ago

Property Description

INVESTOR OPPORTUNITY WITH MAJOR UPSIDE! This expansive 2,800 sq ft ranch offers incredible potential for the savvy investor, builder, or renovator. Featuring 3 bedrooms, 2 bathrooms, and a spacious bonus/entertainment room, the layout provides a strong foundation for a high-value transformation. The property includes an attached 1-car garage plus a large, detached shop with driveway—perfect for car enthusiasts, woodworkers, or those operating a home-based business. Ideally located directly across from Paw Creek Elementary, and just minutes to I-485, Charlotte Douglas International Airport, and Uptown Charlotte, this property offers both convenience and long-term value. Optional access to the Coulwood community pool adds additional appeal. Zoned N1-A (buyer to verify with the City of Charlotte), this parcel presents excellent redevelopment potential, with the possibility for multiple homes, duplexes, or triplexes. Important Notes: Property does have significant termite damage affecting the front two bedrooms and living room (including floor joists, subflooring, and portions of the sill plate). Estimated repair cost is approximately $35,000 - $40k) Sold AS-IS, with pricing reflective of condition. ARV could be over $600k. CASH, FHA 203k Renovation Loan, or Hard Money Lender

Listing Status:: Active
Data Last Updated:: April 10, 2026 at 5:17PM
Listing Office:: Francis Real Estate Group, Inc : 704-942-6387
MLS ID:: 4366814

Appliances: DishwasherGas Cooktop
Laundry: Electric Dryer HookupInside
Flooring: TileWood
A/C: Central AirDuctless
Heating: CentralDuctless
Fireplace: Great RoomLiving RoomFireplace

General: Auto ShopOutbuildingWorkshop
Other Structures: Front PorchCovered
Parking: Attached GarageGarage Shop

Roofing: Architectural Shingle
General: Site BuiltCrawl Space

Road/Access: ConcretePaved
Originating MLS: carolina
County: Mecklenburg

Zoning: N1-A031-049-11
Fencing: Back Yard

Utilities: Cable AvailableNatural Gas
Water: City
Sewer: Public Sewer

Source: carolina

This listing courtesy of Francis Real Estate Group, Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Paw Creek Elementary School

1300 Cathey Rd, Charlotte, NC, 28214

Grades PK-5

0.13 miles away

Coulwood STEM Academy

500 Kentberry Dr, Charlotte, NC, 28214

Grades 6-8

0.83 miles away

Turning Point Academy

8701 Moores Chapel Rd, Charlotte, NC, 28214

Grades 4-12

1.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.