1040 East Drive, Gastonia NC

  • 2 Bed
  • 1 Bath
  • 1100 ft2
  • 0.3 ac

For Sale $120,000

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Remarks:

Whether you are an investor or looking for a home for yourself this is an Opportunity to own a home with tons of potential that just needs a little work and elbow grease. Home is listed below tax value and below value of other homes on the street to reflect the needs of the home. Photo in pictures shows the value from the MLS of the homes on this street. Home is listed as a 2/1. There is another bathroom in the home but apparently no permits were pulled for this improvement There is also the potential for a 3rd bedroom but a window would need to be added. Foundation has been assessed and needs to be addressed by a professional. There is a freestanding garage/storage unit that seems to be falling in. Please do not go into this structure. HVAC and roof are thought to be 2017.

General Information:

List Price: $120,000
Status: For Sale
Bedrooms: 2
Type: Single Family Residence
Approx Sq. Ft.: 1100 sqft
Parking: Driveway
MLS Number: CAR4366938
Subdivision: Linwood Park
Bathrooms: 1
Year Built: 1940
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

Date Event Price $/SQFT
02-03-2026 Under Contract $460,000 $419
10-31-2025 Price Decrease $460,000-3.97% $419
09-13-2025 Price Decrease $479,000-3.23% $436
07-22-2025 Listed $495,000 $450

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Pleasant Ridge Elementary School 0 miles PK-05 2
Webb Street School 1 miles PK-05 N/A
Lingerfeldt Elementary School 1 miles PK-05 1
Piedmont Community Charter School 2 miles KG-06 8
Hershal H Beam Elementary School 2 miles PK-05 2
Sherwood Elementary School 3 miles PK-05 2

Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

Properties For Sale Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Status List Price Days on Market
1040 East Drive, Gastonia NC 0 mi $120,000 days
1028 East Drive, Gastonia NC 0 mi $190,000 days
910 Linwood Road, Gastonia NC 0.1 mi $179,900 days
908 Linwood Road, Gastonia NC 0.1 mi $144,900 days
1116 East Drive, Gastonia NC 0.1 mi $217,500 days
1232 Salvadore Court, Gastonia NC 0.3 mi $229,000 days
1 to 6 of 75 Result

Sold Properties Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Property Type Sold Price Property Details

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28052

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    Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

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    Property Listing Information

    A Courtesy Listing Provided By Southern Homes of the Carolinas, Inc

    1040 East Drive, Gastonia NC is a 1100 ft2 on a 0.270 acres Appraisal lot. This is for $120,000. This has 2 bedrooms, 1 baths, and was built in 1940.

    Based on information submitted to the MLS GRID as of 2026-06-02 10:51:28 EST. 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. Properties displayed may be listed or sold by various participants in the MLS. Click here for more information

    Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.