Quaint 2 bedroom/1 bathroom cottage style home located in convenient location. This charming home features new soft close cabinets, granite counter tops, black appliances, original hardwood flooring, tile in kitchen and bath. Updated lighting and ceiling fans, new paint throughout, new vinyl windows and metal roof. Spacious kitchen with breakfast area and small pantry. One car attached garage or workshop space. Located just minutes from downtown Concord, restaurants and medical facilities. No HOA.
Great cash flow investment opportunity close to downtown Concord! Rented way below market value and still a solid 8 cap!! 1 Duplex and 2 single family homes for only 225K. 466, 458 and 450 Spring St NW. All units are currently rented. So many options are available for the right investor. Leave as-is and increase the rent to market value. Current total rent is $2,000 per month - market value is closer to 2,600 to 2,900 per month for all units. Flip the single family homes to payoff duplex and cash flow on the duplex. Rehab all properties and max out rental rates with new tenants. The possibilities are endless!! If you're looking for a solid investment opportunity without having to spend a ton of cash, this is the one for you.
Year
Property tax
Land + Additions
Assessment*
2025
$2,065
$55,000 + $152,330
$207,330
2024
$2,065 (+62.2%)
$55,000 + $152,330
$207,330
2023
$1,273
$24,000 + $80,360
$104,360
2022
$1,273
$24,000 + $80,360
$104,360
2021
$1,273 (+113.5%)
$24,000 + $80,360
$104,360
2020
$596 (+34.7%)
$24,000 + $80,360
$104,360
2019
$443 (+1.7%)
$24,000 + $24,870
$48,870
2018
$435 (+1.7%)
$14,000 + $22,270
$36,270
2017
$428 (+69.2%)
$14,000 + $22,270
$36,270
2016
$253 (−8.0%)
$14,000 + $22,270
$36,270
2015
$275
$14,000 + $22,270
$36,270
2014
$275 (−0.3%)
$14,000 + $25,390
$39,390
2013
$276
$14,000 + $25,390
$39,390
2012
$276 (−43.2%)
$14,000 + $25,390
$39,390
2011
$485
$14,000 + $25,390
$39,390
Tax history for 450 NW Spring St NW
Year
Property tax
Land + Additions
Assessment*
2025
$2,065
$55,000 + $152,330
$207,330
2024
$2,065 (+62.2%)
$55,000 + $152,330
$207,330
2023
$1,273
$24,000 + $80,360
$104,360
2022
$1,273
$24,000 + $80,360
$104,360
2021
$1,273 (+113.5%)
$24,000 + $80,360
$104,360
2020
$596 (+34.7%)
$24,000 + $80,360
$104,360
2019
$443 (+1.7%)
$24,000 + $24,870
$48,870
2018
$435 (+1.7%)
$14,000 + $22,270
$36,270
2017
$428 (+69.2%)
$14,000 + $22,270
$36,270
2016
$253 (−8.0%)
$14,000 + $22,270
$36,270
2015
$275
$14,000 + $22,270
$36,270
2014
$275 (−0.3%)
$14,000 + $25,390
$39,390
2013
$276
$14,000 + $25,390
$39,390
2012
$276 (−43.2%)
$14,000 + $25,390
$39,390
2011
$485
$14,000 + $25,390
$39,390
*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
Beds
2
Baths
1
Stories
1
Lot width
77 ft.
Lot depth
62 ft.
Lot size
4,774 Sq. Ft.
Year renovated
2010
Sq. Ft.
746
Year built
1945
Style
Single Family Residential
County
Cabarrus County
APN
56214187220000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
RV
Residential Village District
The RV District is established to provide areas for detached and attached single-family homes, with a maximum of eight dwelling units per acre, in areas where large-lot development is discouraged and facilities and services are available. RV supports the principles of concentrating urban growth and reinforcing existing community centers, allowing limited commercial development and mixed-use structures.