508 Deese Street, Monroe, NC 28112

• 7 beds |
• 3 baths |
• 3,050 sqft

Property Description

Nearly an ACRE of Opportunity in Monroe’s Brookstone Village! This expansive Monroe property offers a rare combination of space, flexibility, and investment potential. Currently being used as a co-living opportunity with 4 tenants in place, the home presents a strong option for investors seeking existing occupancy, rental income potential, or a creative repositioning strategy. The main level features 3 bedrooms, 1 full bathroom, and an open living, dining, and kitchen layout. The lower level offers even more flexibility with a private suite, full bathroom, 4 additional finished rooms, and 2 more full bathrooms — ideal for multi-tenant use, extended living arrangements, or future reconfiguration. Situated on nearly an acre, the property includes an oversized driveway, ample parking, a cozy side patio, and a spacious backyard with room for outdoor living improvements, expansion, or value-add projects. Whether you are looking for a rental investment, co-living setup, master lease opportunity, or property with room to grow, this home offers significant upside at the new price point. Property is tenant occupied. Buyer to verify zoning, legal use, occupancy, school assignments, and all details deemed important. Seller and agent make no representations or warranties regarding the legality of the current use. Seller disclosures forthcoming.

Listing Status:

Active

Data Last Updated:

June 24, 2026 at 2:16PM

Listing Office:

Rentercasa Buyercasa LLC : 770-674-8315

MLS ID:

4392767

Interior

• Appliances: DishwasherElectric RangeMicrowaveRefrigerator
• Laundry: In HallInsideLaundry ClosetMain Level
• Basement: Finished
• A/C: Central Air
• Heating: Central

Exterior

• Parking: Driveway

Construction

• General: Site BuiltBasement

Location

• Road/Access: ConcretePaved
• Originating MLS: carolina
• County: Union

Lot

• Zoning: AQ509-194-076

Utilities

• Water: City
• Sewer: Public Sewer

Financial

• Source: carolina