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  • $350,000

    128 Rowan Mill Rd, Salisbury, NC 28147

    7beds
    3,500sqft
    Quadruplex
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $100/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    Appealing finishesModern amenitiesSpacious unitsLaundry hookups
    Investor Opportunity: 4-Unit Multi-Family Property in Salisbury, NC Discover a fantastic investment opportunity with this well-maintained 4-unit multi-family property in Salisbury! This property boasts a total of 7 bedrooms and 5.5 bathrooms, offering ample rental potential. Two of the units have been nicely updated, providing modern amenities and appealing finishes to attract quality tenants. The remaining units offer the flexibility for customization or continued cash flow. Key features include: A newer 3-year-old roof, minimizing immediate maintenance concerns. Laundry hookups conveniently located in the basement, ideal for tenant use. Spacious units in a recommendable area, catering to both short- and long-term renters. This property is investor-ready and priced to sell. Whether you're expanding your portfolio or entering the rental market, this multi-family home is a must-see. Schedule a showing today before it's gone!

    Zillow last checked:

    Listing updated:

    Listed by:

    Nick Huscroft 330-249-3499,

    Chosen Realty of NC LLC

    Bought with:

    Greg Martin

    MartinGroup Properties Inc

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4214000MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Central Air, Wall Unit(s)
    Appliances
    • Included: Microwave, Oven, Refrigerator
    • Laundry: In Basement
    Features
    • Basement: Other
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 3,500
    • Total interior livable area: 3,500 sqft
    • Finished area above ground: 3,500
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 0.46 Acres
    Details
    • Parcel number: 461A060
    • Zoning: Resident
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Wood
    • Foundation: Crawl Space
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & HOA

    Location
    • Region: Salisbury

    Financial & listing details

    • Price per square foot: $100/sqft
    • Tax assessed value: $290,240
    • Annual tax amount: $3,613
    • Date on market: 1/17/2025
    • Cumulative days on market: 360 days
    • Exclusions: No
    • Tenant pays: All Except Water
    • Road surface type: Gravel, Concrete, Dirt

    Price history

    DateEventPrice
    10/1/2026Listing removed$950
    Source: Zillow Rentals Report a problem
    2/25/2026Sold$350,000-9.1%$100/sqft
    Source: Canopy MLS as distributed by MLS GRID #4214000 Report a problem
    1/27/2026Pending sale$385,000$110/sqft
    Source: Canopy MLS as distributed by MLS GRID #4214000 Report a problem
    1/26/2026Listed for rent$950
    Source: Zillow Rentals Report a problem
    1/20/2026Price change$385,000-3.5%$110/sqft
    Source: Canopy MLS as distributed by MLS GRID #4214000 Report a problem
    10/30/2025Price change$399,000-11.1%$114/sqft
    Source: Canopy MLS as distributed by MLS GRID #4214000 Report a problem
    10/16/2025Price change$449,000-2.2%$128/sqft
    Source: Canopy MLS as distributed by MLS GRID #4214000 Report a problem
    9/3/2025Price change$459,000-1.3%$131/sqft
    Source: Canopy MLS as distributed by MLS GRID #4214000 Report a problem
    7/24/2025Price change$465,000+3.6%$133/sqft
    Source: Canopy MLS as distributed by MLS GRID #4214000 Report a problem
    7/10/2025Pending sale$449,000$128/sqft
    Source: Canopy MLS as distributed by MLS GRID #4214000 Report a problem
    5/27/2025Price change$449,000+13.7%$128/sqft
    Source: Canopy MLS as distributed by MLS GRID #4214000 Report a problem
    4/4/2025Price change$395,000-1.2%$113/sqft
    Source: Canopy MLS as distributed by MLS GRID #4214000 Report a problem
    1/17/2025Listed for sale$399,900+141.6%$114/sqft
    Source: Canopy MLS as distributed by MLS GRID #4214000 Report a problem
    9/1/2021Sold$165,500+32.5%$47/sqft
    Source: Public Record Report a problem
    4/1/2017Listing removed$124,900$36/sqft
    Source: WALLACE REALTY #57151 Report a problem
    9/15/2016Listed for sale$124,900$36/sqft
    Source: WALLACE REALTY #57151 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,613 $290,240
    2024$3,613 -4.9%$290,240 -8.7%
    2023$3,801 +29.5%$317,775 +49.1%
    2022$2,936 -66.7%$213,171
    2021$8,807 +50%$213,171
    2020$5,871 +100%$213,171
    2019$2,936 +12.8%$213,171 +13%
    2018$2,603 +8.9%$188,689
    2017$2,390 $188,689 +3.8%
    2016$2,390 $181,845
    2015$2,390 -0.6%$181,845
    2014$2,405 --
    2013-- --
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    Find assessor info on the county website

    Neighborhood: Southwest

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Knollwood
    • Middle: Knox
    • High: Salisbury

    Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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