Almost 1.2 acres in South Charlotte with multiple options for the right investor. Option 1 - property is nearing completion of zoning approvals for the construction of a 10 unit townhome development. Final approvals for construction are expected at the first of November. Build to sell or build to rent - your call. Option 2 - all 3 units are currently rented with tenants on month to month leases. Just leave the tri-plex as-is and increase rents to market value. Option 3 - rehab the existing tri-plex and re-rent at higher rates to hold or sell. There's even space on the back to add a 4th unit. So many options on a great property! There are 2 other new developments under construction right around the corner from this one. Don't miss out!
Rare Find!!! This multi unit/triplex is an investor's dream. All units occupied. Full brick property on over 1 acre, zoned R12mf. Located in a desirable area in South Charlotte. Loads of potential. This is a must see for the serious investor. Showings scheduled only after an approved offer and proof of funds. Do not disturb tenants.
CANOPYMLS as Distributed by MLS Grid #3035693
Nov 21, 2014
Sold
$150,000
$39/sq ft
Oct 21, 2014
Contingent
—
Sep 16, 2014
Listed
$199,000
$52/sq ft
+14
Awesome potential for investment property sitting on over 1 acre, already zoned R12mf, in one of the most sought after areas of south Charlotte and ready to be redeveloped (new single family homes coming up next door to this property).
CANOPYMLS as Distributed by MLS Grid #2176188
Nov 14, 2013
Sold
$122,000
$32/sq ft
Oct 15, 2013
Contingent
—
Aug 26, 2013
Listed
$150,000
$39/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$6,539 (+46.4%)
$720,000 + $152,500
$872,500
2022
$4,465 (+0.2%)
$720,000 + $152,500
$872,500
2021
$4,454 (+0.2%)
$131,300 + $318,400
$449,700
2020
$4,447 (+0.4%)
$131,300 + $318,400
$449,700
2019
$4,431 (+25.6%)
$131,300 + $318,400
$449,700
2018
$3,528 (+1.6%)
$131,300 + $318,400
$449,700
2017
$3,471 (+0.6%)
$120,000 + $143,300
$263,300
2015
$3,450 (+0.9%)
$120,000 + $143,300
$263,300
2014
$3,420 (−14.4%)
$120,000 + $187,900
$307,900
2013
$3,994 (+4.4%)
$120,000 + $187,900
$307,900
2012
$3,824 (−2.0%)
$120,000 + $187,900
$307,900
2011
$3,902
$120,000 + $187,900
$307,900
Tax history for 3301 Silver Stream Rd
Year
Property tax
Land + Additions
Assessment*
2023
$6,539 (+46.4%)
$720,000 + $152,500
$872,500
2022
$4,465 (+0.2%)
$720,000 + $152,500
$872,500
2021
$4,454 (+0.2%)
$131,300 + $318,400
$449,700
2020
$4,447 (+0.4%)
$131,300 + $318,400
$449,700
2019
$4,431 (+25.6%)
$131,300 + $318,400
$449,700
2018
$3,528 (+1.6%)
$131,300 + $318,400
$449,700
2017
$3,471 (+0.6%)
$120,000 + $143,300
$263,300
2015
$3,450 (+0.9%)
$120,000 + $143,300
$263,300
2014
$3,420 (−14.4%)
$120,000 + $187,900
$307,900
2013
$3,994 (+4.4%)
$120,000 + $187,900
$307,900
2012
$3,824 (−2.0%)
$120,000 + $187,900
$307,900
2011
$3,902
$120,000 + $187,900
$307,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
5
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
1.18 Acres
Year renovated
1980
Sq. Ft.
3,840
Year built
1962
Style
Townhouse
County
Mecklenburg County
APN
21127314
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
N2-B
Neighborhood 2 Zoning District
The N2-B Zoning District is intended for the development of multi-family dwellings, including multi-family attached and multi-family stacked units, either as standalone buildings or as components of multi-dwelling developments. Lower-intensity residential dwellings, including single-family, duplex, triplex, and quadraplex dwellings are permitted within the zoning district, subject to the standards of the N1-E Zoning District, or as components of a multi-dwelling development.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Multiple units
Mixed use
Public service
Educational / school
Fire house
Police station
Golf related
Ground transport
Oct 13, 2022 • Active
Grading
Construct new townhomes and a public road extension with public utilities.
Grading
Oct 13, 2022 • Active
Project site inspections
Construct townhomes and extend a public road with public utilities.
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Main Level Garage Y/N: 0
Parking Total: 6
Parking Features: Parking Space - 4+
Interior
Bedroom Information
# of Bedrooms: 6
Bathroom Information
# of Full Baths (Total): 3
Laundry Room Information
Laundry Features: Other
Fireplace Information
Has Fireplace
Fireplace Features: Den
Heating & Cooling
Heating Information: Central, Gas Hot Air Furnace
Interior Features
Appliances: Electric Range, Refrigerator
Flooring: Tile, Wood
Exterior
Building Information
Construction Type: Site Built
Construction Materials: Brick
Property Features
Property Features: Range/Oven, Refrigerator, W/ D Connection
Waterfront Information
Waterfront Features: None
Property Information
Property Type: Residential Income
Property Sub Type: Multi-Family
Lot Information
Lot Features: Cul-De-Sac, Sloped
Lot Size Area: 1.18
Lot Size Units: Acres
Road Surface Type: Gravel
Road Responsibility: Public Maintained Road
Zoning NCM: R12MF
Financial
Lease / Rent Details
Tenant Pays: All except water
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Water Heater Information: Electric
Location
Multi-Unit Information
# of Units (Total): 3
# of Units: 3
HOA Information
HOA Subject To Dues: No
HOA Subject To: None
School Information
Elementary School: Olde Providence
Middle Or Junior High School: Carmel
High School: Myers Park
Location Information
Directions: GPS
Community Information
Community Features: None
Pets Allowed: No
Public facts
Beds: 5
Baths: 3.0
Sq. Ft.: 3,840
Stories: 1.0
Lot Size: 1.18 acres
Style: Townhouse
Year Built: 1962
Year Renovated: 1980
County: Mecklenburg County
APN: 21127314
Home facts updated by county records on Sep 8, 2026
Other
Home Information
Total Primary HLA: 3829
Living Area: 3829
Below Grade Finished Area: 1,272
Building Area Total: 3829
Foundation Details: Crawl Space
Structure Type: Triplex
Around this home
Schools
Olde Providence Elementary
Public K-5 • Assigned • 0.7mi
7/10
Carmel Middle
Public 6-8 • Assigned • 1.9mi
5/10
South Mecklenburg High
Public 9-12 • Assigned • 4.0mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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