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About this home
FANTASTIC INVESTMENT OPPORTUNITY! Highly sought after DUPLEXclose to downtown Concord. BRICK, EASY-TO- MAINTAIN property. Left side is vacant. Right side has a tenant until November 30, 2026. Units are a mirror image of each other. Each apartment: 2 bedrooms, 1 bathroom, living room, kitchen with dining area, front porch, back patio, and laundry room (unheated) on each side. Roof is 8-10 years old. Each side has it's own heat pump. Tenants pay all utilities. Duplex being sold AS-IS. UNIT 309 AVAILABLE TO SEE.
Multi-familyProperty Type
1982Year Built
0.25 acresLot Size
$206Price/Sq.Ft.
Listed by Reymon Morgan• NorthGroup Real Estate LLC
South Union, located between Downtown Concord and the Cabarrus County Fairgrounds, is a historic and residential Concord neighborhood with tree-lined blocks and a walkable grid. The neighborhood’s character concentrates around Union Street South near Cabarrus Avenue, where courthouse-era storefronts, coffee counters, and local galleries set a steady, day-to-night rhythm. Community pillars nearby include The Davis Theatre, Cabarrus Brewing Company, and Gibson Mill Market. Early-20th-century bungalows and brick cottages mix with small apartment buildings along the main corridors. Side streets feel quieter, with pocket greens and front-porch streetscapes. Greenway links and civic spaces keep daily routines close to town-center culture.
Provided by Walk Score and Local Logic
Market insights
309 Spring St SW · $325,000
DAYS ON MARKET
9 days
The average home goes pending in 23 days.
SALE-TO-LIST
99.7%
Most homes are selling 0% below list price.
LIST PRICE
$325,000
Median list price in this area is $479,900. (48% higher than this home)
Property details
Interior
Exterior
Finance
Interior features
Attic (other)
Bedrooms
Four bedrooms total
Bathrooms
Two full bathrooms
Kitchen
Electric oven
Refrigerator
Laundry & utility
Laundry located outside
Electric water heater
Flooring
Linoleum
Vinyl
Heating & cooling
Heat pump heating
Central air conditioning
Exterior features
Front porch
Porch
Home design
Duplex residential income property
Zoned RC
Parking
Parking spaces available
Construction
Site-built
Full brick exterior
Crawl space foundation
Utilities
City water
Public sewer
HOA & community
No HOA
Pets not allowed
Financial info
Tenant pays all utilities
Owner responsible for exterior maintenance
Other
Two total units (each a 2-bedroom unit)
Electricity and solar
View estimated energy costs and solar savings for this home
FANTASTIC INVESTMENT OPPORTUNITY! Highly sought after DUPLEX close to downtown Concord. BRICK, EASY-TO-MAINTAIN property. Right side is vacant. Left side has a tenant until May 31, 2024. Units are a mirror image of each other. Each apartment: 2 bedrooms, 1 bathroom, living room, kitchen with dining area, front porch, back patio, and laundry room (unheated) on each side. Roof is 6-8 years old. Each side has it's own heat pump. Tenants pay all utilities. Duplex being sold AS-IS. UNIT 311 AVAILABLE TO SEE. MULTIPLE OFFERS RECEIVED. ALL OFFERS NEED TO BE SUBMITTED BY 1PM TUESDAY 1/9/24.
Public Records
Sep 6, 2018
Sold
$105,000
$66/sq ft
Public Records
May 29, 2007
Sold
$104,000
$66/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,176
$50,000 + $168,440
$218,440
2024
$2,176 (+66.2%)
$50,000 + $168,440
$218,440
2023
$1,309
$30,000 + $77,320
$107,320
2022
$1,309
$30,000 + $77,320
$107,320
2021
$1,309
$30,000 + $77,320
$107,320
2020
$1,309 (+25.6%)
$30,000 + $77,320
$107,320
2019
$1,042 (+1.7%)
$30,000 + $77,320
$107,320
2018
$1,025 (+1.7%)
$20,000 + $65,440
$85,440
2017
$1,008 (+68.6%)
$20,000 + $65,440
$85,440
2016
$598 (+3.8%)
$20,000 + $65,440
$85,440
2015
$576
$20,000 + $65,440
$85,440
2014
$576
$20,000 + $62,350
$82,350
2013
$576
$20,000 + $62,350
$82,350
2012
$576 (−47.1%)
$20,000 + $62,350
$82,350
2011
$1,090
$20,000 + $62,350
$82,350
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
76 ft.
Lot depth
140 ft.
Lot size
10,640 Sq. Ft.
Year renovated
1987
Finished Sq. Ft.
1,581
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,581
Year built
1982
Style
Single Family Residential
County
Cabarrus County
APN
56300489090000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
RC
Residential Compact
The RC District is established to provide a high-density residential district allowing compact development consisting of the full spectrum of residential unit types where facilities and services are available. Unit types may include single family attached dwellings, townhouses, duplexes and apartments, with a maximum of 15 dwelling units per acre except as otherwise provided in this Ordinance. RC may serve as a transitional district between lower density residential and low intensity commercial uses. This district is intended to allow a mix of residential unit types and densities to provide a balance of housing opportunities while maintaining neighborhood compatibility.
Permitted uses
Include but are not limited to:
Housing-Single unit
Infrastructure
Natural gas storage & conveyance
Educational/school
Ground transport
Agriculture-Cropland
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 106° expected this year, 17 days in 30 years
5/10 Wind Factor
23% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Concord, NC • 28025
Average low and high temperatures (°F)
49
28
56
35
70
45
77
53
78
58
88
67
92
73
84
67
81
63
73
50
65
44
54
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
79/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 309 Spring St SW
$324,261
$739 under list price of $325K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $220K to $345K.