Exceptional Opportunity in a Rapidly Growing Charlotte Corridor! Located just minutes from Center City, this property sits in one of Charlotte’s most actively redeveloping neighborhoods. Positioned on a rare approximately a half-acre lot, it backs up to the BOPlex and is within walking distance to the proposed Silver Line Light Rail stop, offering excellent future connectivity. The existing home needs work, but the true value lies in the land and development potential. Zoned for residential use with a generous footprint, the possibilities range from renovation to new construction. Priced to move more than $100K below current 2024 tax-assessed value, this is an outstanding opportunity for builders, investors, or anyone with vision looking to benefit from the city's continued growth.
Closed
$373,000
801 Fugate Ave, Charlotte, NC 28205
3beds
1,478sqft
Single Family Residence
Built in 1950
0.48 Acres Lot
$373,100 Zestimate®
$252/sqft
$2,695 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 03:13pm
Listing Provided by:
Beth Wilson wilsonedwardsrealestate@gmail.com,
Wilson Edwards LLC
Bought with:
Hunter Roskind
Coldwell Banker Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4272668

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 182 Square Feet
- Dimensions: 13' 0" X 14' 0"
Heating
- Natural Gas
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Gas Range
- Laundry: In Kitchen
Features
- Flooring: Wood
- Has basement: No
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 1,478
- Total interior livable area: 1,478 sqft
- Finished area above ground: 1,478
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Carport, Driveway, Garage on Main Level
- Garage spaces: 1
- Carport spaces: 1
- Covered spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Fencing: Back Yard,Fenced
Lot
- Size: 0.48 Acres
- Dimensions: 121 x 177
Details
- Parcel number: 15902703
- Zoning: R4
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Partial, Vinyl, Wood
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Charlotte
- Subdivision: Echo Hills
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete, Paved
Services availability
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Estimated market value
$373,100