4809 Malibu Drive, Charlotte, NC 28215
Lake Plaza · Mecklenburg County
Key Facts
Description
INVESTOR ALERT! AS-IS - Seller To Make No Repairs - Secure this income-producing property with two distinct addresses, 4809 & 4811 Malibu Dr, in a prime Charlotte location. Priced for immediate action, each unit offers a practical and spacious layout featuring 2 bedrooms, 1 full bath, an eat-in kitchen, and a comfortable family room. A convenient driveway leads right to each front door, and the laundry area is located in the storage room on the back deck. Recent updates and improvements include cleaned vents, replaced filters, updated light fixtures in the kitchen and hallway, cleaned utility closet, fresh interior paint, painted exterior trim, painted front and back doors, pressure-washed building, porches, walkways and driveways where accessible, new blinds in select areas, and repaired exterior window trim at the front bedroom window. Located in the rapidly growing 28215 zip code, this property is a smart buy with both instant income and future upside. 4809 is currently tenant-occupied, providing cash flow from day one. Photos were taken of 4811, which is currently vacant. Both units feature a large back porch—a top amenity. Superb location just minutes from UNC Charlotte and I-485. Properties with this setup are moving fast. Schedule your tour today!
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Style
Traditional
Year Built
1965
Living Area
1,633.83 sq ft
Zoning
INST(CD)
Days on Market
33
MLS® Listing#
4377457
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Parking
Laundry
Patio
Construction
Foundation
Roof
Sewer
Water Source
Schools
- Elementary:
- Unspecified
- Middle:
- Unspecified
- High:
- Unspecified
Financial Details
HOA
None
Assessed Value
$257,100
Parcel Number
097-181-05
Directions
Follow I-485 Inner and I-85 S to W Sugar Creek Rd. Take exit 41 from I-85 S - Merge onto I-485 Inner - Take exit 30 to merge onto I-85 S toward Spartanburg - Take exit 41 for Sugar Creek Rd - Follow W Sugar Creek Rd and The Plaza to Malibu Dr - Use the left 2 lanes to turn left onto W Sugar Creek Rd - Pass by Bojangles (on the right in 0.3 mi) - Turn left onto The Plaza - Turn left onto Highlake Dr - Turn left onto Americana Ave - Turn left at the 1st cross street onto Malibu Dr - Destination will be on the right.
Affordability Calculator
$79,900
Estimated monthly payment
$2,126/mo
Principal $319,600 · Est. interest $445,870 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Charlotte, NC
- $447,909
- Median Listing Price
- 66
- Median Days on Market
- 1,798
- Median Sq Ft
- $243
- Median Price / Sq Ft
- 3,838
- Active Listings
- This home’s price is 11% below the area median.
- Its price per sq ft is right around the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Charlotte, NC.
Location
Points of Interest in Charlotte, NC
Showing the Charlotte area map.
Nearby Schools
Kipp Academy of Charlotte
Elementary · 0.5 mi away
Briarwood Elementary
Elementary · 0.5 mi away
Crossroads Charter High School
Secondary · 0.7 mi away
smart Kids' Child Development Center
School · 0.7 mi away
Garinger High School
Secondary · 0.8 mi away
Martin Luther King, Junior Middle School
Secondary · 0.8 mi away
Hidden Valley Elementary School
Elementary · 1.3 mi away
Omitt Trade School
School · 1.3 mi away
Sugar Creek Charter School
School · 1.4 mi away
Shamrock Gardens Elementary Pta - Public Page
Elementary · 1.4 mi away
Cochrane Collegiate Academy
Secondary · 1.5 mi away
Charlotte-Mecklenburg Schools
Secondary · 1.6 mi away
Highland Mill Montessori
Elementary · 1.7 mi away
Devonshire Elementary School
Elementary · 1.7 mi away
Ola Catholic School
Elementary · 2.0 mi away
Intellicor International Academy
School · 2.1 mi away
Windsor Park Elementary School
Elementary · 2.1 mi away
ABC Academy - Charlotte
School · 2.2 mi away
Merry Oaks Elementary School
Secondary · 2.3 mi away
Charlotte-Mecklenburg Schools
Elementary · 2.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1126 Claremont Road, Charlotte, NC | $279,900 | 3 | 2 | 1,293 |
| 5113 Milhaven Lane, Charlotte, NC | $279,900 | 3 | 2 | 1,069 |
| 2240 Ashley Road, Charlotte, NC | $279,900 | 3 | 1 | 1,102 |
| 7616 Silver Arrow Drive, Charlotte, NC | $279,900 | 3 | 2 | 1,069 |
| 364 Leafmore Drive, Charlotte, NC | $279,900 | 3 | 1 | 871 |
| 6148 Bridle Creek Drive, Charlotte, NC | $279,990 | 3 | 3 | 1,430 |
Moving Cost Estimate
Listing Courtesy: Lifestyle International Realty - andreatherealtorjones@gmail.com
Last Updated: 2026-05-03
1