$265,000

829 W Craighead Road, Charlotte, NC 28206

3 beds |
2 baths |
1,352 sqft

Single-Family Home
Built in 1941
0.56acre lot
—— car garage
$196/sqft
Listed 20 days ago

Property Description

Prime infill land and investment opportunity backing directly to Derita Park. Welcome to 829 W Craighead Rd, a rare 0.56-acre oversized lot located in Charlotte’s rapidly growing 28206 / North End / Sugar Creek corridor. This property offers one of the few remaining large parcels near Uptown with direct wooded park adjacency—an ideal setting for future residential or multifamily development. The existing 3-bed, 2-bath, 1,351 sq ft home is tenant-occupied at $1,450/month. Lease started Sept. 2025 providing immediate rental income while you plan renovation, subdivision, or new construction. Investment & Development Features Income-producing property with established tenant at $1,450/mo. Subdivision potential: Lot may be suitable for division into two buildable lots (buyer to verify). Zoning advantage: Seller states the property is zoned for a duplex—confirm with City of Charlotte. Park adjacency: Backs to Derita Park’s wooded buffer for privacy, trails, and green space. Multiple strategies: Hold as a rental, renovate the home, subdivide the land, or build duplex/townhome product. Strong demand for infill housing in this 28206 district. Location Benefits Minutes to Uptown Charlotte, Camp North End, NODA, South End, UNC Charlotte, and I-85, with ongoing redevelopment throughout the area. This corridor continues to attract investors, builders, and developers due to its proximity to major job centers and transportation routes. Buyer to verify zoning, subdivision feasibility, flood status, and utility access. Property sold as-is. A large, income-producing parcel with significant long-term upside in one of Charlotte’s most active infill growth areas.

Listing Status:: Active
Listing Office:: Southern Homes of the Carolinas, Inc : 704-896-2000
MLS ID:: 4325041

Appliances: Other
Laundry: Other - See Remarks
A/C: Central Air
Heating: Baseboard

Parking: Driveway

General: Site BuiltSlab

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

Zoning: N1-B085-111-19

Water: City
Sewer: Public Sewer

Source: carolina

This listing courtesy of Southern Homes of the Carolinas, Inc

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Highland Renaissance Academy

125 W Craighead Rd, Charlotte, NC, 28206

Grades PK-5

0.59 miles away

Druid Hills Academy

2801 Lucena St, Charlotte, NC, 28206

Grades PK-8

1.20 miles away

Garinger High School

1100 Eastway Dr, Charlotte, NC, 28205

Grades 9-12

2.01 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.