Rare opportunity to acquire a portfolio of seven single-family rental homes plus a small vacant lot on a quiet dead-end street, just 1.7 miles from the Fuse District. These homes offer a blend of historic charm and modern updates.
All properties are currently rented, providing immediate cash flow, with four homes fully renovated, reducing maintenance concerns. The portfolio has been professionally managed for the past 4years and all maintance is up to date. Additionally, there is potential to raise rents to match market rates, enhancing overall returns.
Homes are priced below market value if sold individually, presenting a strong upside for investors looking to capitalize on a growing area with high rental demand and long-term appreciation potential. 2 houses share one parcel.
Do not disturb tenants. Homes can be viewed with an accepted offer. Don’t miss this exceptional value-add opportunity!
Active
$1,200,000
904 N Oakland St, Gastonia, NC 28054
18beds
6,616sqft
Est.:
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$181/sqft
$-- HOA
What's special
Modern updatesQuiet dead-end streetHistoric charm
- 173 days
- on Zillow |
- 350 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: July 03, 2025 at 01:51pm
Listing Provided by:
Amarja Webb amarja@cltmonarch.com,
NorthGroup Real Estate LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4222802

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Electric Range, Oven, Refrigerator
- Laundry: Gas Dryer Hookup, Washer Hookup
Features
- Flooring: Tile, Laminate, Linoleum, Wood
- Doors: Screen Door(s)
- Has basement: No
Interior area
- Total structure area: 6,616
- Total interior livable area: 6,616 sqft
- Finished area above ground: 6,616
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Patio & porch: Front Porch
Lot
- Size: 1.42 Acres
- Features: Infill Lot
Details
- Parcel number: 100679 100672 100682 100671 100683 100671 100669
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl, Wood
- Foundation: Crawl Space, Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Features: None
- Subdivision: None
Location
- Region: Gastonia
Financial & listing details
- Price per square foot: $181/sqft
- Tax assessed value: $811,000
- Annual tax amount: $1,053
- Date on market: 2/20/2025
- Listing terms: Cash,Conventional,Exchange,FHA,Other - See Remarks
- Exclusions: None
- Tenant pays: All Utilities
- Road surface type: Dirt, Gravel, Paved
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