$4,749 Closing Credit¹
Listing Office: Chosen Realty of NC LLC
$395,000 List price
422 Balfour Dr Salisbury, NC 28147
$4,691
Closing credit¹
4 beds
2 full, 2 partial
2,060 sqft
$192 / sqft
Multi-Family
Property details
About 422 Balfour Dr
Investor or Owner-Occupant Opportunity! Modern Duplex with Assumable VA Loan. This fairly new duplex offers the perfect blend of investment potential and owner-occupant flexibility! One unit is tenant-occupied, providing immediate rental income, while the other is vacant and move-in ready. Each unit features 2 bedrooms and 2 bathrooms. Includes granite countertops, soft-close cabinets, tile flooring in the kitchen and bath, luxury vinyl plank in the living areas, and cozy carpeting in the bedrooms. Recently appraised above list price with strong rental estimates, this property is an excellent long-term asset. Even better, the seller is offering an assumable VA loan at just 3.6%, making financing more attractive for qualified buyers. Whether you're an investor looking to maximize rental income or a homeowner seeking to offset your mortgage with rental revenue, this duplex is a fantastic opportunity. Schedule your showing today!
Highlights
Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size2,060 sqft
BasementYes
Year built2021
ParkingParking Space(s)
MLS #4228675
Summary
- MLS Number: 4228675
- Office Name: Keller Williams Ballantyne Area
- Office Email: sherikasellshomes@gmail.com
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$395,000
422 Balfour Dr
$4,691
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Elizabeth Duncan - Koontz Elementary School
Public District PK-5
2.1 mi
•685 E Ritchie Rd
2
Carroll T. Overton Elementary School
Public District PK-5
3.1 mi
•1825 W Park Rd
3
H.D. Isenberg Elementary School
Public District PK-5
3.3 mi
•2800 Jake Alexander Blvd N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,785. The most common annual income of people living in Salisbury, NC is less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
49%
<35k
46%
35k-100k
4%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
55%
Single, No Kids
12%
Single, with Kids
23%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
5%
12-17 yrs old
30%
18-34 yrs old
34%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
College Football
Figure Skating
Where do the neighbors shop?
Family Dollar
Express/Express For Men
Kmart
Where do the neighbors go to eat?
Dominos Pizza
Sonic
Bob Evans
What do the neighbors drive?
Ford
Kia
Buick
What do the neighbors listen to?
New Country
Oldies
Classic Country
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 422 Balfour Dr in Salisbury, NC and zip code 28147. This 2,060 square foot home was built in 2021. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $395,000.
In February 2025, from all listings sold in Salisbury, NC there were more than 12 sold above asking price, over 33 sold below and more than 11 were sold right at the asked price. The number of listings in Salisbury, NC increased by 5.2% between January and February 2025. While the average time on the market in February 2025 was 63 days, the median list price was $277,761.
From Rocket Homes Real Estate and based on county public records data.