Investment Properties for Sale in Locust, NC
1 result
Listings courtesy of Canopy MLS as distributed by MLS GRID
$335,000
304 Meadow Creek Church Road #A/B, Locust, NC 28097
$185/sqft · Listed today
Estimates — not financial advice
This is a property-search tool for investors. Any financial figures shown are illustrative estimates — not an appraisal, guarantee, or investment advice. Verify independently and consult your own advisors.
Investing in Locust, NC: income properties at a glance
There are 1 multi-family and income properties for sale in Locust, NC right now. Each listing above is scored for estimated cap rate, cash flow and gross rent multiplier, using MLS-reported rents where the listing has them and HUD Small Area Fair Market Rents where it doesn't.
- Income properties for sale
- 1
- Median list price
- $335,000
- Median price per unit
- $167,500
Among the 1 listings shown above
1 listings with a known unit count
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID.
Source: Canopy MLS as distributed by MLS Grid.
Unit mix
- 2-family: 1
Returns are estimated at 25% down, a 7% 30-year mortgage, 20% operating expenses and 5% vacancy. Adjust the assumptions above to underwrite your own deal.
Brokerage Information
Armstead Realty Group
52A Ervin Street, Belmont, NC, 28012
(704) 769-2830
License #NC 283907; SC 119839
Market Area Served
Belmont, Fort Mill, Cramerton, McAdenville, Lowell, Dallas, Lake Wylie, Mount Holly, Pineville, Monroe, Tega Cay, Harrisburg, Charlotte, Matthews, Kannapolis, York, Rock Hill, Lancaster, Davidson, Indian Trail, Gastonia, Concord, Huntersville and many more.
Listings courtesy of Canopy MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of Nov 9, 2026, 1:20 PM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed by MLS GRID. Use of it may be subject to an end user license agreement prescribed by the MLS.
Properties displayed may be listed or sold by various participants in the MLS.
Some IDX listings have been excluded from this website.
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