916 Rowan St

This classic 1933 duplex at 916 Rowan St presents a straightforward income opportunity: a 1-up/1-down configuration with a combined 4 bedrooms and 2 bathrooms across 1,713 square feet. The seller reports updates over their ownership and the building features washer/dryer hookups—practical details that reduce near-term capital needs and help maintain steady tenancy. Two long-term tenants currently occupy the units; their leases are set to expire soon, creating flexibility for an investor who wants to renew, reposition rents, or pursue an owner-occupant scenario.

Step inside and you’ll find functional layouts typical of vertically stacked duplexes: independent living spaces for each unit, kitchens and bathrooms that have received periodic attention, and straightforward mechanicals that were updated at intervals during the seller’s tenure. The property’s price per square foot sits at roughly $149, consistent with the listing’s valuation midpoint, making this an accessible entry point for a buy-and-hold strategy or a small-scale rehab project targeted at increasing rental income.

Outside, the lot and yard are serviceable and low-maintenance—ideal for an investor who prefers to focus on interior upgrades or rent optimization rather than extensive landscaping. The building’s street presence and original architectural bones retain period charm while allowing modern interventions without compromising upside. Separate unit occupancy reduces single-point vacancy risk and broadens market appeal to small households and working professionals.

Located in Charlotte, NC (ZIP 28208), 916 Rowan St is offered at $254,900. This listing is positioned for practical investors and hands-on buyers who value predictable cash flow, clear upgrade paths, and a property where rental continuity has been sustained by long-term occupants. With leases expiring soon, prospective buyers will have timely options for lease renewal or strategic turnover—an appealing combination for investor due diligence and immediate planning.