
508 Deese Street · Monroe, NC 28112
Nearly an ACRE of Opportunity in Monroe’s Brookstone Village!
This expansive Monroe property offers a rare combination of space, flexibility, and investment potential. Currently being used as a co-living opportunity with 4 tenants in place, the home presents a strong option for investors seeking existing occupancy, rental income potential, or a creative repositioning strategy.
The main level features 3 bedrooms, 1 full bathroom, and an open living, dining, and kitchen layout. The lower level offers even more flexibility with a private suite, full bathroom, 4 additional finished rooms, and 2 more full bathrooms — ideal for multi-tenant use, extended living arrangements, or future reconfiguration.
Situated on nearly an acre, the property includes an oversized driveway, ample parking, a cozy side patio, and a spacious backyard with room for outdoor living improvements, expansion, or value-add projects. Whether you are looking for a rental investment, co-living setup, master lease opportunity, or property with room to grow, this home offers significant upside at the new price point.
Property is tenant occupied. Buyer to verify zoning, legal use, occupancy, school assignments, and all details deemed important. Seller and agent make no representations or warranties regarding the legality of the current use. Seller disclosures forthcoming.
Features & Amenities
Location
Property boundary from county GIS
Map layers
Neighborhood Snapshot
U.S. Census Bureau, ACS 5-year estimatesNeighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.
Pricing History
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 9, 2026 | Price Reduced | $289,000 → $280,000 | ▾ $9,000 (3.1%) |
| Jun 12, 2026 | Price Change | $299,900 | — |
Monthly Cost Estimate
* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.
Similar Homes


303 Lancaster AvenueMonroe, NC 28112

2140 Rone Branch TrailMonroe, NC 28110

106 King Street # A & BMonroe, NC 28110

641 Willoughby Park DriveMonroe, NC 28112

1502 Marion StreetMonroe, NC 28112
Nearby Homes for Sale
Homes in Nearby Subdivisions
Based on information submitted to the MLS GRID as of Oct 9, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
DMCA Disclaimer
The Digital Millennium Copyright Act of 1998, 17 U.S.C. §512, the DMCA, provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owners behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.