Skip main navigation
Under contract-no show
  • Price cut: $10K (7/16)
    $539,900

    230 Park Ln, Newton, NC 28658

    8beds
    2,145sqft
    : 
    Quadruplex
    Built in 1973
    -- sqft lot
    $513,300 Zestimate®
    $252/sqft
    $-- HOA

    What's special

    Quadplex Opportunity in Newton, NC – Fully Rented! Fantastic investment opportunity with this well-maintained quadplex in Newton, NC. Each unit offers 2 bedrooms and 1.5 bathrooms, providing an ideal layout for tenants. Several units feature new flooring, and some have been recently painted, giving parts of the property a fresh, updated feel. The building features a durable brick exterior on the lower level and low-maintenance vinyl siding on the upper level. All four units are currently rented at $1,000 per month each, with strong rental history and professional management already in place through Must Have Real Estate. Additional highlights include: • Ample parking for tenants • Great location convenient to local amenities • Solid construction with upside potential • Opportunity to raise rents for increased cash flow Whether you’re a seasoned investor or just starting your portfolio, this fully occupied quadplex offers immediate income with room for future growth.
    116 days
    on Zillow
    |
    509
    |
    34
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 07, 2025 at 07:00am

    Listing Provided by:

    Tyler Wilcox Tyler@MustHaveRealEstate.com,

    EXP Realty LLC Mooresville

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4250486MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 4
    • 1/2 bathrooms: 4
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Dishwasher, Oven, Refrigerator
    • Laundry: Laundry Closet
    Features
    • Has basement: No
    Interior area
    • Total structure area: 2,145
    • Total interior livable area: 2,145 sqft
    • Finished area above ground: 2,145
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Parking Space(s)
    Lot
    • Size: 0.37 Acres
    Details
    • Parcel number: 363912978450
    • Zoning: R-11
    • Special conditions: Undisclosed,None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Brick Partial, Vinyl
    • Foundation: Permanent
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & HOA

    Location
    • Region: Newton

    Financial & listing details

    • Price per square foot: $252/sqft
    • Tax assessed value: $372,500
    • Annual tax amount: $2,957
    • Date on market: 4/28/2025
    • Road surface type: Concrete, Paved
    • Loading