227 Mitchell Ave

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Description

Six unit apartment building centrally located in Salisbury, NC. Each unit is one bed and one bath with four of the units measuring 1037 square feet and the other two coming out to 718 square feet. The complex is 100% occupied and is a great opportunity for potential investors. Please see attached documents for more information! Brand new roof just installed! Financials available upon request!Six unit apartment building centrally located in Salisbury, NC. Each unit is one bed and one bath with four of the units measuring 1037 square feet and the other two coming out to 718 square feet. The complex is 100% occupied and is a great opportunity for potential investors. Please see attached documents for more information! Brand new roof just installed! Financials available upon request!
  1. Listed by Cathy Griffin • Century 21 Towne & Country

Property Details for 227 Mitchell Avenue

Flood Zone
Not in Flood Zone
Zoning
HR
LISTING UPDATED: 10/27/2025 02:42 PM

Property Details for 227 Mitchell Avenue

StatusClosed
MLS #1172382
Days on Market126
Taxes$5,351 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1945
CountyRowan County

Location

Listing Courtesy of Century 21 Towne & Country

Sold By nonmls

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Building Information for 227 Mitchell Avenue

Building/Complex227 Mitchell AveFloor-Stories-Residences6Pet Policy-Pet Policy Details-Year Built1945Building Size-

Payment Calculator

$3,722 per month

30 year fixed, 6.11% Interest

Principal and Interest

$3,276

Property Taxes

$446

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 227 Mitchell Avenue

Summary
Location and General Information
  • County Or Parish: Rowan
  • City: Salisbury
  • Directions: Turn right off of Fulton Street in Salisbury onto Mitchell Avenue and stay on Mitchell for roughly a mile before you reach 227 Mitchell Avenue on the left.
  • Latitude: 35.660086
  • Longitude: -80.489194
  • Postal Code: 28144
  • City Limits: Yes
Taxes and HOA Information
  • List AOR: Lexington Davidson County Assn of Realtors
  • Tax Rate: 1.16%
  • Tax Annual Amount: $5,350.94
  • Tax Assessed Value: $429,794.00
  • Tax Legal Description: PTL7&8 BLK 16 FULTON HEIGHTS
  • Tax Year: 2024
  • Parcel Number: 014165
  • Association: No
Parking
  • Garage Spaces: 4.0
  • Parking Features: Carport, Detached Carport
  • Garage Description: Detached Carport
Property
Lot Information
  • Lot Features: City Lot, Corner Lot, Level
  • Lot Size Acres: 0.32
  • Built Information: Existing
  • Water Source: Public
  • Year Built: 1945
Property and Assessments
  • Photos Count: 32
  • Property Type: Residential Income
  • Deed Book: 1041
  • Deed Page: 321
  • Documents Count: 2
Utilities
  • Heating Fuel: Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Construction Materials: Brick
  • Laundry Features: Washer/Dryer Connection
  • Pool: No
Interior Features
  • Appliances: Gas Water Heater
  • Cooling: Central Air
  • Heating: Heat Pump, Natural Gas
Multi Family
Multi-Family Information
  • Total Units: 6
  • Number Of Units In Community: 6
Rental
Rental Information
  • Listing Agreement: Exclusive Right To Sell
  • Number Of Units Leased: 6

Property History for 227 Mitchell Avenue

DateEvent & SourcePriceAppreciation
Oct 27, 2025

Closed (Public Record)

Public Record #1917650006

$675,000—
Oct 27, 2025

Closed (Public Record)

Public Record #1917650006

$675,000

+7.6% / yr

Oct 27, 2025

Closed

TRIAD #1172382

$675,000—
Oct 27, 2025

Closed

CANOPY #4154532

$675,000—
Sep 11, 2025

Under Contract-No Show

TRIAD #1172382

—
Sep 11, 2025

Under Contract-Show

CANOPY #4154532

—
Aug 19, 2025

Listed (Active)

TRIAD #1172382

—
Aug 19, 2025

Listed (Active)

CANOPY #4154532

—
Jun 16, 2025

Under Contract-No Show

CANOPY #4154532

—
Jun 16, 2025

Under Contract-No Show

TRIAD #1172382

—
Mar 5, 2025

Listed (Active)

TRIAD #1172382

$750,000—
Mar 2, 2025

Price Change

CANOPY #4154532

$750,000—
Dec 30, 2024

Price Change

CANOPY #4154532

$799,000—
Nov 17, 2024

Price Change

CANOPY #4154532

$825,000—
Jun 24, 2024

Listed (Active)

CANOPY #4154532

$869,900—
Jul 19, 2005

Closed (Public Record)

Public Record #428094920

$153,000—
DateEvent & SourcePrice
10/27/2025

Closed (Public Record)

Public Record #1917650006

$675,000
10/27/2025

Closed (Public Record)

Public Record #1917650006

$675,000

+7.6% / yr

10/27/2025

Closed

TRIAD #1172382

$675,000
10/27/2025

Closed

CANOPY #4154532

$675,000
09/11/2025

Under Contract-No Show

TRIAD #1172382

—
09/11/2025

Under Contract-Show

CANOPY #4154532

—
08/19/2025

Listed (Active)

TRIAD #1172382

—
08/19/2025

Listed (Active)

CANOPY #4154532

—
06/16/2025

Under Contract-No Show

CANOPY #4154532

—
06/16/2025

Under Contract-No Show

TRIAD #1172382

—
03/05/2025

Listed (Active)

TRIAD #1172382

$750,000
03/02/2025

Price Change

CANOPY #4154532

$750,000
12/30/2024

Price Change

CANOPY #4154532

$799,000
11/17/2024

Price Change

CANOPY #4154532

$825,000
06/24/2024

Listed (Active)

CANOPY #4154532

$869,900
07/19/2005

Closed (Public Record)

Public Record #428094920

$153,000

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

Public Records for 227 Mitchell Avenue

Taxable ValueLand$35,280Additions$394,514Total$429,794
Tax Record2025$5,140 ($428 / month)
Home Facts
Total Finished SqFt6,127 SqFtAbove Grade Finished SqFt6,127 SqFtStories2Lot Size13,983 SqFtStyleMiscellaneous CommercialYear Built1945Year Renovated1994ZoningR8CountyROWANAPN014 165

Schools near 227 Mitchell Avenue

This home is within Rowan-Salisbury School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Elizabeth Duncan Koontz Elementary School
PublicPK to 5

North Rowan Middle School
Public6 to 8

Salisbury High School
Public9 to 12

Rowan County Early College
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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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 Century 21 Towne & Country

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.