$250,000
112 Oregon St, Charlotte, NC 28208
Updated 3-Bed Cottage on Large Lakewood/Centerville Lot
3 Bed · 1.5 Bath · 960 Sq Ft
Turnkey, updated interior and expansive backyard minutes from Uptown
3
Beds
1.5
Baths
960
Sq Ft
1920
Built
0.18 acres
Lot
None — driveway and on-street parking
Garage
About 112 Oregon St
This lovingly refreshed 1920s cottage at 112 Oregon St delivers immediate comfort and flexible potential on a rare, oversized 7,840 SF lot in Lakewood/Centerville. At 960 square feet, the home offers three bedrooms and 1.5 baths laid out for efficient day-to-day living. Recent updates include a newer roof, fresh interior paint, new carpeting, and a thoughtfully renovated kitchen with replaced cabinets, granite countertops and stainless steel appliances. The full bath features a new bathtub and vanity; plumbing fixtures throughout have been modernized.
Step inside to efficient rooms that feel tidy and purposeful — the updated kitchen connects easily to the living space and offers streamlined surfaces and modern hardware that are attractive to both buyers and renters. The property's generous backyard creates an immediate outdoor amenity: space for play, gardening, entertaining, or a future addition or accessory structure subject to permitting. The front yard offers partial city views and a pleasant streetscape typical of this established neighborhood.
Location is a key asset. You're a short ride from Uptown Charlotte (roughly 2–3 miles), close to East/West Boulevard retail, and within convenient reach of major arterials and Charlotte Douglas International Airport. The Lakewood/Centerville area blends early-20th-century charm with recent infill and renovation activity — buyers here value walkability, neighborhood eateries, and short commutes to employment centers.
This home is presented turnkey and will appeal to first-time buyers seeking an affordable entry point close to the city, downsizers who want manageable maintenance, and investors looking for a low-lift rental or light flip. Schedule a showing to see the combination of updates, yard space, and location that make 112 Oregon St a strong close-in Charlotte opportunity.
Home Highlights
Property Features
Interior Features
- 3 bedrooms, 1.5 baths in 960 SF
- Updated kitchen with granite counters and stainless steel appliances
- Replaced cabinets and countertops
- New carpeting and fresh interior paint
- New bathtub, vanity, and plumbing fixtures
Exterior & Lot
- Large 7,840 SF lot (approx. 0.18 acres)
- Newer roof (per listing)
- Front yard with partial city views
- Generous backyard with room for garden, play area, or future addition
- Driveway and on-street parking
Location & Neighborhood
- Lakewood/Centerville neighborhood — established, close-in
- Approx. 2–3 miles to Uptown Charlotte
- Easy access to East/West Boulevard amenities
- Short drive to Charlotte Douglas International Airport
Walkability & Recreation
- Walkability Rating: 75/100
- Nearby parks, neighborhood cafes, and local shops within a short drive or bike ride
- Good access to bike routes and city trails
Neighborhood & Location
Lakewood/Centerville blends early-20th-century cottages, tree-lined streets, and pockets of newer infill. Residents enjoy local cafes and restaurants along East/West Boulevard, short commutes to Uptown, and neighborhood parks. The area draws a mix of young professionals, small families, and buyers looking for inner-city accessibility without the noise of denser districts.
Market Insights
Inner Charlotte neighborhoods like Lakewood/Centerville remain sought after for buyers who prioritize proximity to Uptown and walkable neighborhood amenities. As of early 2026 the market has cooled from the peak frenzy years, producing a more balanced environment: median sale prices in nearby pockets typically range from mid-$300Ks to low-$400Ks depending on lot, condition, and modernization. Inventory remains relatively tight in desirable close-in pockets, particularly for turnkey single-family homes on larger lots. At a list price of $250,000 for a refreshed 960 SF home with a 7,840 SF lot, this listing sits below broader area medians and should attract both value-driven owner-occupants and investors. Expect active interest, relatively quick showings, and competitive offers if pricing aligns with final inspections and comps.
Nearby Schools
Elizabeth Traditional School
Elementary (K-8 estimated) · 0.8 mi
Sedgefield Middle School
Middle · 1.5 mi
Myers Park High School
High · 2.0 mi
Walkability & Recreation
Good access to neighborhood parks, nearby trails, and local greenways; the large private backyard adds significant on-site outdoor recreation value.
Investment Highlights
- Large 7,840 SF lot in a close-in Lakewood/Centerville neighborhood
- Turnkey condition with newer roof, updated kitchen (granite + stainless), new carpeting and fixtures
- Compact 960 SF footprint makes for lower maintenance and strong demand among first-time buyers and renters
- Short commute to Uptown and convenient access to major arterials
Key Findings
- List price anchored at $250,000; list price per SF listed at $260
- 3 bedrooms and 1.5 baths in 960 SF; built ca. 1920
- Recent interior paint, updated kitchen, new carpeting and plumbing fixtures
- Large lot offers yard space and potential for permitted additions (subject to zoning)
- Located in Lakewood/Centerville area — close to Uptown (2–3 miles)
Things to Consider
- Small total living area (960 SF) limits some buyer segments and future resale to buyers seeking larger homes
- Single full bath plus a half-bath may constrain rental income compared with 2+ bath properties
- Zoning and permit constraints could limit expansion — verify with City of Charlotte
- Limited parking (no garage) in case buyers require covered parking or off-street capacity
Opportunity Analysis
Acquire a close-in, turnkey single-family cottage with an oversized lot for modest upside: generate near-term rental cash flow or perform a light value-add (landscaping, exterior improvements, permitted addition) to improve resale value in a stable inner-Charlotte market.
Potential Use Scenarios
- Owner-occupant purchase for immediate occupancy with minimal rehab
- Investor purchase for buy-and-hold; target rent estimate conservatively and perform cosmetic updates to maximize rent
- Short flip: further modernize exterior landscaping and interior finishes; consider permitted ADU or rear addition if zoning allows
Risk Factors
- Zoning setback and permitting constraints for expansions
- Rental market competition from larger renovated units with 2+ baths
- Potential unknowns in mechanical systems (heating/cooling) — recommend inspection
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$235K
Midpoint
$253K
High
$270K
$260/SF estimated price per square foot
Estimate anchored to the listed price ($250,000) and listed price-per-sf ($260). Range reflects nearby inner-Charlotte sales for small, updated single-family homes on larger lots, adjusted for age, size (960 SF), and recent interior upgrades. No live comparable sales search performed; verify with MLS comps.
As of 2026-03-13
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Inner Charlotte has seen steady population and income growth as urban infill and renovation activity continue. Younger professionals and small families are common.
Nearby Points of Interest
- Uptown Charlotte (approx. 2–3 miles)
- Charlotte Douglas International Airport (approx. 7–9 miles)
Close-in urban neighborhood with a mix of early-20th-century homes, neighborhood parks, and independent restaurants. Easy access to Uptown, East Boulevard retail, and local green spaces.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
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