$199,900
6041 Crape Myrtle Ln, Charlotte, NC 28216
Single-level 2BR, 2BA townhome with private patio — North Charlotte value
2 Bed · 2 Bath · 1,056 Sq Ft
Updated one-story living with exterior storage and no HOA fees
2
Beds
2
Baths
1,056
Sq Ft
1989
Built
N/A (attached unit)
Lot
No garage — surface/assigned parking
Garage
About 6041 Crape Myrtle Ln
This single-story townhome offers a practical, low-maintenance alternative to a traditional house without sacrificing privacy. At 1,056 square feet, the layout puts both bedrooms and full baths on the same level for effortless daily living. The sellers completed thoughtful updates about seven years ago — you’ll find wood-look laminate in the main living spaces and tile in the bedrooms for an easy-care, modern feel. The kitchen was refreshed with raised-panel white cabinetry, a tile backsplash and clean white appliances that present an inviting workspace for meal prep.
The primary suite is arranged with a centrally located vanity area and a garden tub/shower combination for a comfortable en-suite experience. The second bedroom sits adjacent to the second full bath, a layout that works well for a roommate, guest suite or a dedicated home office. Storage is often a trade-off in attached units; this home includes a dedicated exterior storage room that makes seasonal storage simple and frees up indoor closet space.
Outdoors, the private patio delivers a level of separation from neighbors not typical for attached product in this vintage — it’s an ideal spot for morning coffee, potted plants, or a small grill. There is no HOA fee, which lowers monthly carrying costs and simplifies ownership. Surface and street parking serve the community; the unit does not include a garage.
Located in North Charlotte’s 28216 corridor, the home benefits from proximity to shopping clusters and commuter routes (I-85 and I-485), and is within easy reach of the Northlake and University City employment and retail nodes. Whether you’re an owner-occupant seeking single-level living or an investor targeting a low-cost entry to Charlotte’s rental market, this property represents a clean, updated, and well-located option at an attractive price point. Contact Michael Morgan (lknpros@gmail.com) for details and to schedule a showing.
Home Highlights
Property Features
Interior Features
- 1,056 sq ft single-level floorplan
- 2 bedrooms, 2 full bathrooms
- Wood-look laminate flooring in main living areas
- Tile flooring in bedrooms
- Updated kitchen: raised-panel white cabinetry and tile backsplash
- Primary suite with vanity area and garden tub/shower
Exterior & Lot
- Private patio with greater privacy than most units
- Dedicated exterior storage room
- No HOA fees
- Surface/assigned street parking (no garage)
Location & Neighborhood
- North Charlotte (28216) — near Northlake Mall and University City
- Quick access to I-85 and I-485 for commuting
- Mixed neighborhood of single-family homes and townhomes
- Proximity to grocery, retail, and dining corridors
Walkability & Recreation
- Walkability Rating: 42/100
- Nearby parks and greenways within a few miles
- Short drive to local shopping and community amenities
- Good access to regional bike trails and recreational facilities
Neighborhood & Location
North Charlotte’s 28216 zip blends older established neighborhoods with pockets of newer infill development and attached housing. The area offers convenient regional access (I-85, I-485), retail clusters around Northlake and University City, and a mix of price points that attract both families and professionals. Character is suburban with walkable strips of shopping and pockets of residential green space.
Market Insights
The North Charlotte submarket (zip 28216) remains attractive for value-oriented buyers and investors in 2026. Citywide median prices have moderated after a rapid multi-year rise; however, demand for entry-level attached homes under $220k continues to be strong. Inventory levels for similar sized townhomes are typically lower than the city average, producing shorter days on market for accurately priced units; this listing’s 2-day DOM indicates immediate local interest. For investors, projected gross rents for a clean 2BR in this micro-market commonly range $1,350–$1,600/month; for owner-occupants, the property offers an inexpensive route into Charlotte with ready access to employment centers and regional retail. Verify current comps via MLS to refine negotiation strategy; at $199,900 this unit sits squarely in the competitive price band for move-in-ready attached homes in North Charlotte.
Nearby Schools
David Cox Road Elementary (approx.)
Elementary · 2-4 mi (verify)
Northeast Middle / J. M. Robinson (approx.)
Middle · 3-6 mi (verify)
Mallard Creek High School (approx.)
High · 4-6 mi (verify)
Walkability & Recreation
Good regional access to parks and greenways; several neighborhood parks and recreational facilities within a short drive, and larger green spaces near University City and Northlake.
Investment Highlights
- Affordably priced at $199,900 with AVM near $201k — competitive entry into Charlotte market
- One-level floorplan (1,056 SF) with 2 beds / 2 baths — broad buyer appeal
- Private patio and exterior storage — uncommon for attached units in this product line
- Updated interior finishes reduce immediate capital expenditure
- No HOA fees reported — lowers monthly carrying costs
Key Findings
- Built in 1989; updated approximately seven years ago (flooring, kitchen).
- 1,056 finished SF; listed at $199,900 ($189/SF per Redfin data).
- Two full bathrooms and a private exterior storage room.
- No garage; parking likely surface/assigned or street parking.
- Located in North Charlotte (28216) with proximity to Northlake Mall and major commuting corridors.
Things to Consider
- Exact school assignments and boundaries require verification with CMS.
- No garage — parking could be constrained depending on site parking assignment.
- Zoning specifics and recorded covenants/maintenance obligations not confirmed.
- Mechanical system ages not documented — inspection recommended.
Opportunity Analysis
Acquire a competitively-priced, one-level 2BR townhome in North Charlotte that can be owner-occupied or rented to capture steady demand in the 28216 market. Low rehab needs and private patio add value for resale and rental marketing.
Potential Use Scenarios
- Quick purchase for owner-occupant seeking move-in-ready unit.
- Buy-and-hold rental targeting young professionals or small households; minimal capex necessary.
- Light cosmetic refresh (paint, fixtures) to improve resale appeal and rental comps.
Risk Factors
- Parking constraints may reduce desirability for some renters/buyers.
- Local supply of similar-priced townhomes could pressure appreciation.
- Unknown condition of major systems (HVAC, roof, plumbing) — potential deferred maintenance risk.
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$185K
Midpoint
$200K
High
$215K
$189/SF estimated price per square foot
Estimate anchored to the list price ($199,900) and AVM ($201k). Range reflects typical 2BR/1–2BA attached product in North Charlotte (28216) and comparable townhome sales in the $175–220/sf corridor for similar vintage and condition. No live comp search performed — verify with local MLS comps.
As of 2026-03-14
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
North Charlotte and University City have experienced steady population and employment growth driven by large employers and continued residential infill; 28216 sees a mix of long-term residents and new households attracted to affordability relative to Uptown/ South End.
Nearby Points of Interest
- Northlake Mall (approx. 3–4 miles)
- UNC Charlotte / University City (approx. 5–6 miles)
Convenient access to shopping, grocery, and dining clusters along Statesville/Old Concord corridors; several parks and greenways within a few miles. Quick access to major commuter routes (I-85, I-485).
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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