CompCasa Property Analysis · single_family

1920 Irma St

Brick Ranch with Renovation Potential Near Uptown Charlotte and JCSU

Affordable 3BR ranch with updates, large lot, and redevelopment upside

3 beds1 baths884 sq ftBuilt 19570.175 acrescarport
CompCasa valuation analysis
Estimated market value
$195,000
Low $185,000 · Midpoint $195,000 · High $205,000
Confidence80%Sales comparison approach
Last recorded sale$195,000Mar 7, 2026
Assessed value$177,8002025 assessment
CompCasa estimate$195,000Mar 7, 2026
Estimate vs. last recorded sale+$0 / +0.0%
$185,000$195,000 midpoint$205,000
Price / sq ft$221
Median sale price$330,000
Avg days on market70 days
Inventory3.5 months

Sales comparison approach using recent listings and sales in the Lincoln Heights neighborhood. Adjusted for property condition and lot size.

About the property

Brick Ranch with Renovation Potential Near Uptown Charlotte and JCSU

This compact brick ranch at 1920 Irma St stands out for what it offers on the land as much as inside the footprint: a level 0.175-acre lot in Lincoln Heights with immediate renovation or rebuild potential just 2.5 miles from Uptown Charlotte. Built in 1957 and occupying 884 square feet, the home presents a practical, affordable entry point into a neighborhood seeing steady redevelopment.

Inside, recent updates give the interior a cleaner, move-in-ready feel while still leaving room to add value. Luxury vinyl plank flooring runs through the living spaces, vinyl windows replace older units, and the bathroom features an updated shower with tasteful tile surround. Cabinets have been refreshed, creating a tidy kitchen area that can be expanded or modernized. Heating is forced-air gas; buyers should note the property currently has no cooling system installed and will likely need an HVAC upgrade as part of a renovation scope.

The single-story layout is straightforward: three bedrooms and one bath make efficient use of space. Outdoors, the broad, level yard allows for additions, accessory dwelling units or new construction consistent with the property’s N1-C zoning. A covered carport and adjacent driveway provide parking for two vehicles and sheltered access at the front door.

What elevates this parcel is neighborhood context. A duplex and new construction have recently sold nearby, demonstrating strong appetite for renovated and newly built homes on Irma Street. Lincoln Heights Park is half a mile away; West Charlotte High and Johnson C. Smith University are within easy reach, supporting future tenant or owner-occupier demand. With an assessed 2025 value of $177,800, annual taxes of $1,538, and a listing price of $195,000 ($221/sf), this property appeals to renovators, investors seeking rental yield, or small-scale builders.

Practical buyers will appreciate the clear next steps: inspect the structure, get HVAC pricing, and explore N1-C zoning for duplex or ADU options. Whether you update the existing bungalow, convert it into a strong rental (estimated monthly rent ~ $1,200), or pursue new construction, 1920 Irma St offers a tangible path to value in a Charlotte neighborhood on the move.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$277,500
Property address1830 Irma St, Charlotte, NC 28216
3 bed1.5 bath862 sq ftBuilt 19640.2 mi7,405 sq ft lot$322/SF
Sold Dec 15, 2025
Subject difference
  • 22 SF smaller
  • 0.5 additional bathrooms
  • Similar lot size
  • 7 years newer
Research comparison noteRenovated 3BR/1.5BA brick bungalow with modern updates; smaller lot size.
02Sold price$480,000
Property address1916 Irma St, Charlotte, NC 28216
4 bed3 bath2,338 sq ftBuilt 20240.1 mi3,484 sq ft lot$205/SF
Sold Apr 9, 2025
Subject difference
  • 1,454 SF larger
  • 1 additional bedroom
  • 2 additional bathrooms
  • 4,138 SF smaller lot
  • 67 years newer
Research comparison noteNew construction 4BR/3BA home with luxury finishes; smaller lot size.
03Sold price$365,000
Property address1701 Irma St, Charlotte, NC 28216
4 bed2 bath1,450 sq ftBuilt 19580.3 mi6,316 sq ft lot$252/SF
Sold Feb 15, 2026
Subject difference
  • 566 SF larger
  • 1 additional bedroom
  • 1 additional bathroom
  • 1,306 SF smaller lot
  • 1 year newer
Research comparison noteRenovated 4BR/2BA home with modern finishes; slightly larger lot.
Comp methodology: Comparable sales and rentals selected within a 0.3-mile radius, focusing on properties with similar characteristics and recent transaction dates.
Property details

A 1957 ranch on 0.18 acres.

Building

Year built1957
ConstructionBrick
RoofComposition
Heatingforced air gas
Coolingnone

Site & utilities

Lot size0.175 acres
Garagecarport
Stories1
ConditionFair
BasementNone
FireplaceNo
Improvement notes3 bedrooms, 1 bathroom, LVP flooring, vinyl windows, updated shower with tile surround, updated cabinets
Lot area7,622 sq ft
TopographyLevel
FrontageStandard residential frontage on Irma St
ParkingCarport And Driveway
Parking spaces2
Parking notesAttached carport and driveway parking
AccessStandard residential driveway from Irma St
WaterMunicipal
SewerMunicipal
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

Lincoln Heights

Researched nearby locations

Lincoln Heights Park (0.5 mi)
West Charlotte High School (0.7 mi)
Johnson C. Smith University (1.2 mi)
Uptown Charlotte (2.5 mi)

Location

1920 Irma St, Charlotte, NC 28216

View in Google Maps
Editorial neighborhood context

Lincoln Heights is a neighborhood in transition — residential streets with steady redevelopment activity and a growing interest from buyers seeking proximity to Uptown without Uptown pricing. The area offers community parks, local schools, and access to Johnson C. Smith University, fostering a mix of student and family-oriented demand. Short drives bring you to restaurants, cultural venues and employment centers in central Charlotte, while neighborhood green spaces like Lincoln Heights Park provide everyday outdoor options. The character here balances affordability with investment upside as builders and renovators continue to update the housing stock.

Nearby access summary

Excellent neighborhood park access with Lincoln Heights Park 0.5 miles away, easy walking connections to local streets, and quick drives to Uptown Charlotte for larger recreation, cultural and entertainment options.

ElementaryBruns Avenue Elementary (4/10)
Middle schoolRanson Middle (3/10)
High schoolWest Charlotte High (5/10)
School districtCharlotte-Mecklenburg Schools
Market context

A factual market snapshot around 1920 Irma St.

Median sale price$330,000
Avg days on market70 days
Inventory3.5 months
1-year appreciation5.0%
5-year appreciation15.0%
Editorial market perspective

Lincoln Heights currently sits in a cautiously favorable position for sellers and investors. Inventory is relatively tight at about 3.5 months, below a neutral six-month balance and supporting modest upward price pressure. Area-wide median sale price sits near $330,000, with Lincoln Heights showing steady appreciation — roughly 5% year-over-year and about 15% over five years. Average days on market in the corridor are around 70 days, indicating moderate demand and a market that rewards competitively priced and well-presented listings. Single-family homes that have been renovated or rebuilt have seen stronger velocity and pricing — recent comps on Irma Street include a 2024 new-construction sale at $480,000 and renovated bungalows in the high $200Ks–$300Ks range. For investors, rental demand is steady: estimated rent for a renovated 3-bedroom in the area runs around $1,200/month with a gross rental yield near 7.4% in current conditions. Given the N1-C zoning (allowing duplexes and accessory units), 1920 Irma St is well-positioned for buyers who can add value through renovation or redevelopment while taking advantage of an inventory-lean local market.

Zoning & land use

Neighborhood 1 - Conventional

Zoning

Zoning codeN1-C
DescriptionNeighborhood 1 - Conventional
JurisdictionCity of Charlotte
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 20', side 5', rear 20'

Research-indicated uses

  • Single Family
  • Duplex
  • Accessory Dwelling Unit
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$70,000
Assessed improvements$107,800
Total assessed$177,800
Assessment year2025
Annual property tax$1,538
Tax year2025

Sale history

2026-03-07$195,000 · $221/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$1,300/mo
Property address2208 Irma St, Charlotte, NC 28216
4 bed2 bath1,330 sq ft$0.98/SF
Leased Nov 1, 2025
Subject difference
  • 446 SF larger
  • 1 additional bedroom
  • 1 additional bathroom
Research comparison note4BR/2BA rental with updated features; larger living space.
02Monthly rent$1,200/mo
Property address2215 Irma St, Charlotte, NC 28216
3 bed2 bath1,088 sq ft$1.1/SF
Leased Oct 15, 2025
Subject difference
  • 204 SF larger
  • 1 additional bathroom
Research comparison note3BR/2BA rental with modern updates; comparable size.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Assessed value for 2025 is $177,800 with annual property taxes of $1,538
  • Median sale price in Lincoln Heights is $330,000, indicating potential for appreciation post-renovation
  • Zoned N1-C, allowing for single-family, duplex, and accessory dwelling units
  • Lot size of 0.175 acres provides flexibility for redevelopment or expansion

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Assess extent of required renovations
  • Verify zoning allowances for new construction
  • Conduct professional home inspection
  • Evaluate market demand for renovated properties in Lincoln Heights
Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms, 1 full bathroom
  • 884 sq ft of single-story living
  • LVP (luxury vinyl plank) flooring throughout main areas
  • Updated shower with tile surround
  • Refreshed kitchen cabinets
  • Forced-air gas heating

Exterior & Lot

  • Brick ranch construction (1957)
  • Level 0.175-acre lot (approx. 7,622 sq ft)
  • Attached carport and driveway parking (approx. 2 spaces)
  • Standard residential frontage on Irma Street
  • Lot size suitable for expansion, ADU or new construction (zoning N1-C)

Location & Neighborhood

  • Lincoln Heights neighborhood, Charlotte
  • 0.5 miles to Lincoln Heights Park
  • 0.7 miles to West Charlotte High School
  • 1.2 miles to Johnson C. Smith University
  • Approximately 2.5-mile drive to Uptown Charlotte

Walkability & Recreation

  • Walkability Rating: 55/100 — Some walkable amenities
  • Lincoln Heights Park within a short walk (0.5 miles)
  • Close proximity to local schools and university campus
  • Short drive to Uptown amenities, restaurants and employment centers
  • Neighborhood streets suited to walking and short errands
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin listing for 1920 Irma StView source
2
Mecklenburg County Property Appraiser recordsView source
3
ATTOM Data Solutions for Charlotte, NC 28216View source
4
Zillow listing for 1830 Irma StView source
5
Compass listing for 1916 Irma StView source
6
Allen Tate listing for 1701 Irma StView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.