1909 Pegram St

Charlotte, NC 28205

$1,899,000
Price
14
Beds
5,621 Sq. Ft.
$338 / Sq. Ft.
5,621
Sq. Ft.
$338
per Sq. Ft.
a view of a back yard of the house
a view of a city
a view of a yard with plants
a living room with furniture and a flat screen tv
a front view of a house with a yard
a bathroom with a toilet and a shower curtain
a bedroom with a bed and a mirror
a bedroom with a bed and a flat screen tv
a bedroom with a bed and a lamp on dresser
a bedroom with a bed and a lamp on dresser
a view of a dining room with furniture
a kitchen with stainless steel appliances granite countertop a sink stove and microwave
a kitchen with stainless steel appliances a refrigerator stove microwave and dining table
a close up view of a washer and dryer
a living room with furniture and a flat screen tv
a living room with furniture and a flat screen tv
a living room with furniture and a flat screen tv
a white toilet sitting next to a white sink and a shower curtain
a bathroom with a sink toilet and mirror
a bedroom with a bed and a night stand
a bed room with a bed and a window
a front view of a house with garden
a view of a dining room with furniture window and wooden floor
a view of a house with a yard
a kitchen with stainless steel appliances granite countertop a stove a refrigerator and a microwave
a living room with furniture and a flat screen tv
a living room with furniture and a mirror
a white toilet sitting next to a shower curtain
a bedroom with a bed and a flat screen tv
a bedroom with a bed and a flat screen tv
a bed sitting in a bedroom next to a window
a front view of a house with a garden
a kitchen with granite countertop a sink and a dining table
a kitchen with stainless steel appliances granite countertop a sink stove and refrigerator
a living room with stainless steel appliances kitchen island granite countertop furniture and a wooden floor
a living room with furniture and a flat screen tv
a living room with furniture a flat screen tv and a window
a bathroom with a sink a toilet and shower
a bedroom with a bed and a ceiling fan
a bedroom with a bed and a chandelier
a bedroom with a bed and a flat screen tv
a bedroom with a bed rug and wooden floor
a view of a dining room with furniture and wooden floor
a view of a dining room with furniture a potted plant and wooden floor
a view of entryway with wooden floor
a view of cabinets and window
a view of a house with a yard
a living room with furniture a rug and a chandelier

Description

Nestled in the heart of Charlotte’s vibrant Villa Heights neighborhood, 1909 and 1917 Pegram Street present a rare and compelling investment opportunity. These two multifamily properties—a triplex at 1909 Pegram St. and a quadraplex at 1917 Pegram St. —are offered together as a seven-unit portfolio, each on its own parcel but sold as a unified investment. Just a short walk from the bustling NODA district, residents enjoy immediate access to Charlotte’s premier nightlife, restaurants, breweries, and...Nestled in the heart of Charlotte’s vibrant Villa Heights neighborhood, 1909 and 1917 Pegram Street present a rare and compelling investment opportunity. These two multifamily properties—a triplex at 1909 Pegram St. and a quadraplex at 1917 Pegram St. —are offered together as a seven-unit portfolio, each on its own parcel but sold as a unified investment. Just a short walk from the bustling NODA district, residents enjoy immediate access to Charlotte’s premier nightlife, restaurants, breweries, and the Lynx Blue Line, making this location highly desirable for both short-term and long-term tenants. Both buildings underwent a complete renovation in 2020, transforming them into modern, turnkey residences. Each unit is thoughtfully outfitted with a full appliance package, including stackable washer/dryer units, ensuring convenience and comfort for tenants. The interiors are fully furnished, reflecting the properties’ history as corporate short-term rentals for the past five years. This setup allows a new owner to seamlessly continue short-term operations or pivot to long-term leasing strategies. The exterior spaces are equally appealing, featuring green space shaded by mature trees and a fenced-in dog/play park, enhancing the livability and charm of the community. With all units vacated intentionally at the end of October 2025, the portfolio offers a clean slate for investors to place vetted tenants on their own terms, maximizing rental income and operational control. The attached income evaluation of this portfolio is based on a Pro Forma financial model for long-term rentals, which outlines the income potential and projected returns. Given the properties’ proximity to downtown Charlotte, and the ever-growing popularity of NODA, there is significant upside potential. Whether continuing with furnished short-term rentals or transitioning to long-term leases, this seven-plex portfolio is a strategic acquisition for investors seeking growth, flexibility, and location-driven value.

Property Details for 1909 Pegram Street

Parking Features
Parking Lot, Other - See Remarks
Subdivision Name
Villa Heights
LISTING UPDATED: 12/12/2025 09:16 AM

Property Details for 1909 Pegram Street

StatusActive
MLS #4317137
Days on Market45
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Sevenplex
Year Built1968
Lot Size0.50 AC / 21,780 SF
CountyMecklenburg County

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 1909 Pegram Street

Stories-Residences-Year Built1968Building Size-Lot Size0.50 AC / 21,780 SF

Payment Calculator

$9,827 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,384

Property Taxes

$443

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1909 Pegram Street

Summary
Location and General Information
  • Longitude: -80.813829
  • Latitude: 35.235231
  • Directions: From Parkwood headed towards town, make a Right, Buildings on left.
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $702,700.00
  • Parcel Number: 083-096-12
  • City Taxes Paid To: Charlotte
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Other: Parking Lot
  • Parking: Carport YN: No
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 5621.0
  • Below Grade Finished Area: 0.0
  • Lot Features: Infill Lot
  • Lot Size Units: Acres
  • Property Type: Residential Income
  • Property Sub Type Additional: N/A
Property and Assessments
  • Geocode Confidence: High
  • New Construction YN: No
  • Photos Count: 48
  • Road Responsibility: Publicly Maintained Road
  • Development Status: Completed
  • Construction Type: Site Built
  • Assumable: No
  • Additional Parcels Description: 08309614
  • Senior Community YN: No
  • Restrictions: Short Term Rental Allowed
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Fencing: Fenced
  • Construction Materials: Brick Full, Wood
  • Road Surface Type: Concrete, Paved
  • Roof: Architectural Shingle
Interior Features
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, Microwave, Oven, Refrigerator, Washer
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Heat Pump
  • Interior Features: Cable Prewire
  • Laundry Features: Utility Room
  • Fireplace YN: No
  • Window Features: Insulated Window(s)
  • Flooring: Vinyl, Wood
  • Foundation Details: Crawl Space, Slab
  • Basement YN: No
Multi Family
Multi-Family Information
  • Unit Type: 2 Bedroom
  • Unit Room Type: Kitchen, Dining Room, Living Room
  • Number Of Units Total: 7
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Property History for 1909 Pegram Street

DateEvent & SourcePriceAppreciation
Nov 3, 2025

Listed (Active)

CANOPY #4317137

$1,899,000—
Jul 1, 2020

Closed (Public Record)

Public Record #673084185

$570,000—
May 28, 2019

Closed

CANOPY #3485745

$262,500—
Apr 15, 2019

Under Contract-No Show

CANOPY #3485745

—
Mar 19, 2019

Listed (Active)

CANOPY #3485745

$300,000—
DateEvent & SourcePrice
11/03/2025

Listed (Active)

CANOPY #4317137

$1,899,000
07/01/2020

Closed (Public Record)

Public Record #673084185

$570,000
05/28/2019

Closed

CANOPY #3485745

$262,500
04/15/2019

Under Contract-No Show

CANOPY #3485745

—
03/19/2019

Listed (Active)

CANOPY #3485745

$300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1909 Pegram Street

Taxable ValueLand$399,000Additions$303,700Total$702,700
Tax Record2024$5,321 ($443 / month)
Home Facts
Baths3Total Finished SqFt2,175 SqFtAbove Grade Finished SqFt2,175 SqFtStories1Lot Size11,238 SqFtStyleMulti-Family Dwelling (2-4)Year Built1968ZoningR-5CountyMECKLENBURGAPN08309612Fireplace TypeHas Fireplace

Schools near 1909 Pegram Street

This home is within Charlotte-Mecklenburg School District.
Rating
School
Type
Grades
Distance
Villa Heights Elementary
Public - K to 5
Eastway Middle
Public - 6 to 8
Garinger High School
Public - 9 to 12
Marie G Davis Military and Global
Public - 9 to 12
Rating
School
Distance
Villa Heights Elementary
PublicK to 5

Eastway Middle
Public6 to 8

Garinger High School
Public9 to 12

Marie G Davis Military and Global
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1909 Pegram Street, Charlotte, NC 28205

1909 Pegram Street is a multi-family home for sale in Charlotte, NC 28205. This property was listed for sale on November 3, 2025 by Coldwell Banker Realty, it's currently listed at $1,899,000. It has been on the market for a total of 45 days and was last sold on July 1, 2020. This listing's school district is Charlotte-Mecklenburg School District. Nearby schools include Villa Heights Elementary, Eastway Middle and Garinger High School. 1909 Pegram Street is a 14-bed, 11-bath, 5,621 sqft multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/18/2025 05:04 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.