Charlotte, NC multifamily market
Charlotte multifamily fundamentals are firming as robust job growth absorbs substantial recent construction deliveries. Recent transactions reflect an average valuation near $207 per square foot and approximately $205,000 per unit, with cap rates settling around 5.2% to 6.2%. Because no specific target property address or square footage was provided, market-wide Charlotte sales across diverse unit counts were evaluated.
What's driving Multifamily prices in Charlotte
Multifamily sale prices in Charlotte have stabilized and begun modest recovery after softening under heavy new construction deliveries.
- Heavy new apartment supply pipeline exerting downward pressure on rent growth
- Sustained regional employment and population influx driving net absorption up
- Stabilizing interest rates supporting private and institutional transaction volume
Market intelligence
Tracking this market · 5 comps · latest deal Feb 2026.
This quarter: 0 comps added to our corpus in Q4 2026. Trend medians use closed-deal dates from our growing comp corpus; automated estimates, not an appraisal.
Where these comps are
Momentum FlatPins are geocoded from each comp's public address, so positions are approximate. Comps quoted at the submarket level aren't pinned. The shaded area is Charlotte's municipal boundary, coloured to match the momentum read above.
Recent Multifamily comps in Charlotte, NC
| Address | Date | Type | Size (SF) | Units | Price / Rate | $/SF | $/Unit | Tenancy | Year Built |
|---|---|---|---|---|---|---|---|---|---|
| 2509 N Davidson St, Charlotte, NC 28205 news | Feb 2026 | Sale | 373451 | 273 | $75,000,000 | $201 | $274,725 | Multi-tenant, 95% occupied | 2021 |
| 10525 Steele Creek Rd, Charlotte, NC 28273 estimate | Jun 2025 | Sale | 32484 | 36 | $7,450,000 | $229 | $206,944 | Multi-tenant, 100% occupied | 2023 |
| 7015 Skye Bridge Way, Charlotte, NC 28278 news | Jan 2025 | Sale | 250000 | 266 | $66,750,000 | $267 | $250,940 | Multi-tenant, 94% occupied | 2018 |
| 4616 Stoney Trace Dr, Charlotte, NC 28227 news | Dec 2024 | Sale | 384000 | 380 | $59,800,000 | $156 | $157,368 | Multi-tenant, stabilized | 1999 |
| 2301 Julia Ave, Charlotte, NC 28206 listing | Active | Sale | 15204 | 21 | $2,800,000 | $184 | $133,333 | Multi-tenant, 81% occupied | 1964 |
| Median of 5 recent sales · $201/SF | $201 | ||||||||
No comps in this filter.
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Figures are automated estimates derived from public listings, records, and brokerage announcements for Charlotte, NC, not an appraisal or a broker opinion of value. Verify independently before relying on them. CompNinja connects owners with licensed local brokers; it is not a brokerage.