# 427 A Arbor Drive, Waxhaw, NC 28173 > **TL;DR:** 6bd/6ba multi-family, $575,000, built 2021. > A/C. Est. $3,076/mo. Listed 75 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $575,000 | | Bedrooms | 6 | | Bathrooms | 4 full, 2 half | | Year Built | 2021 | | Lot Size | 4,922 sqft (0.11 acres) | | Stories | 2 | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 75 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,908 | | Estimated Insurance | $168 | | **Total** | **$3,076** | ## Nearby Schools - **Elementary:** Waxhaw - **Middle:** Parkwood - **High:** Parkwood ## Key Amenities - A/C ## Property Highlights - Built in 2021 - 0.11 acre lot - 2 stories ## Description ### Agent Description Rare opportunity to acquire a newer-construction, fully occupied duplex in the heart of downtown Waxhaw. Built in 2022, this two-unit property offers approximately 2,624 total square feet, with each residence providing three bedrooms, two-and-a-half baths and approximately 1,320 square feet. Both units feature open-concept main-level living, modern finishes, granite countertops, shaker-style cabinetry, durable laminate flooring on the main level, carpeted bedrooms upstairs, washer/dryer connections and driveway parking. The location is convenient to downtown Waxhaw shopping, dining and community amenities, with the Waxhaw Library just around the corner. Both residences are currently leased at $1,750 per month, producing $3,500 in gross monthly scheduled rent and $42,000 in gross annual scheduled rent. At the $575,000 asking price, that represents an approximate 7.30% in-place gross yield before operating expenses. Gross yield is not a cap rate and does not deduct taxes, insurance, utilities, maintenance, vacancy, management or capital reserves. This is an attractive opportunity for an investor seeking immediate income, two substantial three-bedroom rental residences and a newer multifamily asset in a highly convenient downtown location. Lease documentation and available financial information may be reviewed during due diligence. A companion duplex containing two additional three-bedroom rental units is also being offered separately, creating the opportunity to acquire both buildings as a four-unit portfolio, subject to availability. See companion MLS #4415435. Buyer is always strongly encouraged to verify all property information, square footage, leases, income and expenses. ****virtual staging used! There are mounted sconces represented in the primary bedroom that are not present! that is virtual staging only**** ## Location - **Address:** 427 A Arbor Drive, Waxhaw, NC 28173 - **County:** Union - **Coordinates:** 34.92051983, -80.74075053 - **Google Maps:** https://www.google.com/maps?q=34.92051983,-80.74075053 ## Listing Agent - **Name:** Megan Banks - **Brokerage:** David Hoffman Realty - **Broker Phone:** (704) 904-4910 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/427-Arbor-Dr-Apt-A_Waxhaw_NC_28173_M95509-32676?f=listhub&s=CMLSNC&m=4415402&c=propsimple) ## Photos ![427 A Arbor Drive - Photo 1](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f2399305947r.jpg) ![427 A Arbor Drive - Photo 2](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f3174661877r.jpg) ![427 A Arbor Drive - Photo 3](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f3615500025r.jpg) ![427 A Arbor Drive - Photo 4](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f930415478r.jpg) ![427 A Arbor Drive - Photo 5](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f2569950618r.jpg) ![427 A Arbor Drive - Photo 6](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f1842875637r.jpg) ![427 A Arbor Drive - Photo 7](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f2855028551r.jpg) ![427 A Arbor Drive - Photo 8](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f1993323677r.jpg) ![427 A Arbor Drive - Photo 9](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f90970737r.jpg) ![427 A Arbor Drive - Photo 10](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f1636871576r.jpg) ![427 A Arbor Drive - Photo 11](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f1106640640r.jpg) ![427 A Arbor Drive - Photo 12](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f3757719249r.jpg) ![427 A Arbor Drive - Photo 13](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f432985556r.jpg) ![427 A Arbor Drive - Photo 14](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f3875564265r.jpg) ![427 A Arbor Drive - Photo 15](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f2699195190r.jpg) ![427 A Arbor Drive - Photo 16](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f1777586027r.jpg) ![427 A Arbor Drive - Photo 17](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f2354019888r.jpg) ![427 A Arbor Drive - Photo 18](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f2042969100r.jpg) ![427 A Arbor Drive - Photo 19](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f1503904354r.jpg) ![427 A Arbor Drive - Photo 20](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f3352434705r.jpg) ![427 A Arbor Drive - Photo 21](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f2560708072r.jpg) ![427 A Arbor Drive - Photo 22](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f1324101494r.jpg) ![427 A Arbor Drive - Photo 23](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f162026313r.jpg) ![427 A Arbor Drive - Photo 24](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f2990348865r.jpg) ![427 A Arbor Drive - Photo 25](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f1691652649r.jpg) ![427 A Arbor Drive - Photo 26](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f2876117219r.jpg) ![427 A Arbor Drive - Photo 27](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f3740363684r.jpg) ![427 A Arbor Drive - Photo 28](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f1622995934r.jpg) ![427 A Arbor Drive - Photo 29](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f3089243665r.jpg) ![427 A Arbor Drive - Photo 30](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f1380812645r.jpg) ![427 A Arbor Drive - Photo 31](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f392909332r.jpg) ![427 A Arbor Drive - Photo 32](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f4063657765r.jpg) ![427 A Arbor Drive - Photo 33](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f1701193691r.jpg) ![427 A Arbor Drive - Photo 34](http://lh.rdcpix.com/7488bc36f90608d26851926f88680a49l-f1702375580r.jpg) --- **MLS#:** 4415402 | **Updated:** 2026-10-30 **Source:** listhub *Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/427-a-arbor-drive-waxhaw-nc-28173-1725098992bc4afeb0b2483312b7acec) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/427-a-arbor-drive-waxhaw-nc-28173-1725098992bc4afeb0b2483312b7acec#listing", "url": "https://www.propertysimple.ai/listing/427-a-arbor-drive-waxhaw-nc-28173-1725098992bc4afeb0b2483312b7acec", "name": "427 A Arbor Drive, Waxhaw, NC 28173", "description": "Rare opportunity to acquire a newer-construction, fully occupied duplex in the heart of downtown Waxhaw. Built in 2022, this two-unit property offers approximately 2,624 total square feet, with each residence providing three bedrooms, two-and-a-half baths and approximately 1,320 square feet. Both units feature open-concept main-level living, modern finishes, granite countertops, shaker-style cabinetry, durable laminate flooring on the main level, carpeted bedrooms upstairs, washer/dryer connections and driveway parking. The location is convenient to downtown Waxhaw shopping, dining and community amenities, with the Waxhaw Library just around the corner. Both residences are currently leased at $1,750 per month, producing $3,500 in gross monthly scheduled rent and $42,000 in gross annual scheduled rent. At the $575,000 asking price, that represents an approximate 7.30% in-place gross yield before operating expenses. Gross yield is not a cap rate and does not deduct taxes, insurance, utilities, maintenance, vacancy, management or capital reserves. This is an attractive opportunity for an investor seeking immediate income, two substantial three-bedroom rental residences and a newer multifamily asset in a highly convenient downtown location. Lease documentation and available financial information may be reviewed during due diligence. A companion duplex containing two additional three-bedroom rental units is also being offered separately, creating the opportunity to acquire both buildings as a four-unit portfolio, subject to availability. See companion MLS #4415435. Buyer is always strongly encouraged to verify all property information, square footage, leases, income and expenses. ****virtual staging used! 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