OFF MARKET

Off Market Aug 2021 for $500K

—

•

1,650

sq ft

280 Arrowood Rd, Salisbury, NC 28147

About this home

9 Rental Units consisting of 1 Split Level home with 2 units, 7 Mobile Homes and 2 vacant lots that when combined as one can be built on. Averages 98% occupancy yearly. All are in very good condition. Great rental history. Present income is $72,000 per year with expenses at $10,316 per year per owner. 4 wells on the properties. Low taxes and expenses make this investment a great cash flow from day 1.

Multi-familyProperty Type

1972Year Built

5.5 acresLot Size

$303Price/Sq.Ft.

12 spacesParking

Listed by Mike Rusher • 1st Cooperative Realty

Bought with Mike Rusher • 1st Cooperative Realty

Redfin checked: a minute ago

•Source:CANOPYMLS as Distributed by MLS Grid #3743960

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 28144, NC

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.7%

0.3% MoM

Median sale price

$273K

$2K MoM

Avg. days on market

86d

0 days MoM

Recently sold homes

112

10 MoM

New listings for sale

$110,000
3 beds1 bath— sq ft
310 Sells Rd, Salisbury, NC 28144
$495,000
4 beds3 baths3,000 sq ft
207 Richmond Rd, Salisbury, NC 28144
$600,000
5 beds4 baths4,576 sq ft
217 Sheridan Dr, Salisbury, NC 28144
$259,900
3 beds2 baths1,900 sq ft
106 Hawkinstown Rd, Salisbury, NC 28144
$140,000
3 beds1 bath1,085 sq ft
1044 Short St, Salisbury, NC 28144
$149,900
3 beds2.5 baths1,352 sq ft
1304 Old Plank Rd, Salisbury, NC 28144
COMING SOON
$1,150,000
4 beds3.5 baths4,071 sq ft
230 Confederate Ave, Salisbury, NC 28144
$399,500
3 beds2 baths1,568 sq ft
275 Jacobs Dr, Salisbury, NC 28144
$179,900
3 beds2 baths1,448 sq ft
125 Ponderosa Dr, Salisbury, NC 28144
COMING SOON
$332,000
3 beds2.5 baths1,909 sq ft
1780 Troon Dr, Salisbury, NC 28144
See all

Provided by Redfin

Sale history for 280 Arrowood Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,115

$24,000 + $143,716

$167,716

2024

$1,115

$24,000 + $143,716

$167,716

2023

$1,115 (+39.2%)

$24,000 + $143,716

$167,716

2022

$801

$18,500 + $89,402

$107,902

2020

$801

$18,500 + $89,402

$107,902

2019

$801 (+11.5%)

$18,500 + $89,402

$107,902

2018

$719

$18,500 + $79,125

$97,625

2017

$719 (+0.1%)

$18,500 + $79,125

$97,625

2016

$718

$18,500 + $79,125

$97,625

2015

$718 (+4.7%)

$18,500 + $79,125

$97,625

2014

$686 (+3.9%)

$15,000 + $82,460

$97,460

2013

$660 (−1.5%)

$15,000 + $82,460

$97,460

2012

$670 (+1.9%)

$15,000 + $82,460

$97,460

2011

$657

$15,000 + $82,460

$97,460

Tax history for 280 Arrowood Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,115

$24,000 + $143,716

$167,716

2024

$1,115

$24,000 + $143,716

$167,716

2023

$1,115 (+39.2%)

$24,000 + $143,716

$167,716

2022

$801

$18,500 + $89,402

$107,902

2020

$801

$18,500 + $89,402

$107,902

2019

$801 (+11.5%)

$18,500 + $89,402

$107,902

2018

$719

$18,500 + $79,125

$97,625

2017

$719 (+0.1%)

$18,500 + $79,125

$97,625

2016

$718

$18,500 + $79,125

$97,625

2015

$718 (+4.7%)

$18,500 + $79,125

$97,625

2014

$686 (+3.9%)

$15,000 + $82,460

$97,460

2013

$660 (−1.5%)

$15,000 + $82,460

$97,460

2012

$670 (+1.9%)

$15,000 + $82,460

$97,460

2011

$657

$15,000 + $82,460

$97,460

*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

—

Baths

Stories

Lot width

150 ft.

Lot depth

200 ft.

Lot size

0.69 Acres

Year renovated

1995

Sq. Ft.

1,679

Year built

1972

Style

Single Family Residential

County

Rowan County

APN

307B116

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2026.

Rural Agricultural

This district is developed to provide for a minimum level of land use regulations appropriate for outlying areas of the county. These outlying areas typically consist of rural single-family housing, larger tracts of land used for agricultural purposes, and instances of nonresidential uses intermingled. Multifamily uses are discouraged in this district. This district would provide for protection from the most intensive land uses while containing provisions for a variety of home-based business opportunities and other nonresidential uses deemed appropriate through a special use permit process. It is the intent of this district to rely upon development standards to protect residences from potential adverse impacts of allowed nonresidential uses. The most intensive land uses would not be allowed in this district.

Permitted uses

Include but are not limited to:

Greenhouse / nursery
Livestock production
Religious facility
Housing-Single unit
Educational / school
Fire house
Police station
Post office
Agriculture-Cropland
Park & open space

Property details

Parking

Parking Information
Main Level Garage Y/N: 1
SqFt Garage: 1200
Parking Total: 12
Parking Features: Carport - 1 Car

Interior

Bedroom Information
# of Bedrooms: 21

Bathroom Information
# of Full Baths (Total): 11

Laundry Room Information
Laundry Features: Main Level

Heating & Cooling
Heating Information: Central, Heat Pump, Wall Unit(s)

Interior Features
Appliances: Electric Oven, Refrigerator

Exterior

Building Information
Construction Type: Manufactured,Site Built
Construction Materials: Aluminum Siding, Brick Partial
Construction Status: Complete

Exterior Features
Porch: Front
Exterior Features: Workshop

Property Information
Property Type: Residential Income
Property Sub Type: Multi-Family

Lot Information
Lot Features: See Remarks
Lot Size Area: 5.5
Lot Size Dimensions: 5.5
Road Surface Type: Gravel
Road Responsibility: Public Maintained Road
Zoning NCM: R-A

Financial

Lease / Rent Details
Tenant Pays: Electricity

Utilities

Utility Information
Water Source: Well Needed
Sewer: Septic Installed
Water Heater Information: Electric

Location

Multi-Unit Information
# of Units (Total): 9
# of Units: 8

Unit Type 1 Information
# of Bedrooms: 4

Unit Type 2 Information
# of Bedrooms: 2

Unit Type 3 Information
# of Bedrooms: 2

Unit Type 4 Information
# of Bedrooms: 3

Unit Type 5 Information
# of Bedrooms: 3

Unit Type 6 Information
# of Bedrooms: 2

HOA Information
HOA Subject To Dues: No
HOA Subject To: None

School Information
Elementary School: North Rowan
Middle Or Junior High School: North Rowan
High School: North Rowan

Location Information
Directions: From Salisbury take Hwy 801 N. Rt on East Ridge Rd, Left on Old Mocksville Rd, Rt on Long Bow Road. One is on the Corner of Long Bow and Arrowood and the others are on Arrowood Road.

Community Information
Pets Allowed: No

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 1,679
Stories: 1.0
Lot Size: 0.69 acres
Style: Single Family Residential
Year Built: 1972
Year Renovated: 1995
County: Rowan County
APN: 307B116

Home facts updated by county records on Jul 20, 2026

Other

Home Information
Living Area: 1650
Below Grade Finished Area: 650
Building Area Total: 1650
Foundation Details: See Remarks
Structure Type: Eightplex+

Around this home

Schools

North Rowan Elementary School

Public PreK-5 • Assigned • 4.4mi

1/10

North Rowan Middle School

Public 6-8 • Assigned • 4.5mi

2/10

North Rowan High School

Public 9-12 • Assigned • 4.7mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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

5/10 Heat Factor

7 days above 104° expected this year, 17 days in 30 years

4/10 Wind Factor

11% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Salisbury, NC • 28147

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 5.2 hours in December, which is comparable to the U.S. average for solar exposure.

9.2 hrs

5.2 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 28144

$110,000

3 beds1 bath— sq ft

310 Sells Rd, Salisbury, NC 28144

$495,000

4 beds3 baths3,000 sq ft

207 Richmond Rd, Salisbury, NC 28144

$600,000

5 beds4 baths4,576 sq ft

217 Sheridan Dr, Salisbury, NC 28144

$259,900

3 beds2 baths1,900 sq ft

106 Hawkinstown Rd, Salisbury, NC 28144

$140,000

3 beds1 bath1,085 sq ft

1044 Short St, Salisbury, NC 28144

$149,900

3 beds2.5 baths1,352 sq ft

1304 Old Plank Rd, Salisbury, NC 28144

COMING SOON

$1,150,000

4 beds3.5 baths4,071 sq ft

230 Confederate Ave, Salisbury, NC 28144

$399,500

3 beds2 baths1,568 sq ft

275 Jacobs Dr, Salisbury, NC 28144

$179,900

3 beds2 baths1,448 sq ft

125 Ponderosa Dr, Salisbury, NC 28144

Home values near 280 Arrowood Rd

Data from public records.

Address	Redfin Estimate
285 Arrowood Rd, Salisbury, NC 3 Beds \| 1 Baths \| 1210 Sq. Ft.	$223,260
835 Long Bow Rd, Salisbury, NC - Beds \| 2 Baths \| 1312 Sq. Ft.	$204,314

Address	Redfin Estimate
310 Arrowood Rd, Salisbury, NC - Beds \| 2 Baths \| 2432 Sq. Ft.	$235,243
975 Long Bow Rd, Salisbury, NC - Beds \| 2 Baths \| 1344 Sq. Ft.	$154,238

Address	Redfin Estimate
225 Long Bow Rd, Salisbury, NC 2 Beds \| 2 Baths \| 1190 Sq. Ft.	$222,612
240 Long Bow Rd, Salisbury, NC - Beds \| 2 Baths \| 1766 Sq. Ft.	$248,724

Property information provided by CANOPYMLS as Distributed by MLS Grid when last listed in 2021. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 28144, NC

Sale history for 280 Arrowood Rd

Tax history for 280 Arrowood Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 28144

Home values near 280 Arrowood Rd

More real estate resources