For Sale $155,000
Opportunity awaits at 107 Drake Street in Gastonia! This 960 sq ft single-family home is currently configured with two separate entrances and a shared laundry area, offering flexible living arrangements and strong rental potential. While not legally a duplex, the property has been converted from its original layout (previously a 3bd/2ba configuration) into a 2 bedroom, 2 bath setup, creating an ideal scenario for house hacking, multigenerational living, or income-producing use. One side is almost rent-ready, while the second unit needs some TLC to be fully marketable. The home also features a detached two-car garage, providing additional storage, workshop space, or added rental value. With some cosmetic updates, this property could truly shine as a cash-flowing investment, flip opportunity, or affordable owner-occupant home with income potential. Conveniently located near downtown Gastonia, shopping, dining, and just a short drive to the growing FUSE District and Loray Mill redevelopment area, this property sits in an area experiencing continued revitalization and growth. Being sold as-is. Don’t miss the chance to add value and maximize returns in an appreciating location.
| List Price: | $155,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 952 sqft |
| Parking: | Driveway, Detached Garage |
| MLS Number: | CAR4336044 |
| Subdivision: | None |
| Bathrooms: | 2 |
| Year Built: | 1930 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 03-24-2026 | Listed | $155,000 | $163 |
| 07-23-2025 | Price Decrease | $449,999-3.23% | $473 |
| 05-16-2025 | Listed | $465,000 | $489 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Webb Street School | 0 miles | PK-05 | N/A |
| Pleasant Ridge Elementary School | 1 miles | PK-05 | 2 |
| Piedmont Community Charter School | 2 miles | KG-06 | 8 |
| Lingerfeldt Elementary School | 2 miles | PK-05 | 1 |
| Edward D Sadler Jr Elementary School | 3 miles | PK-05 | 1 |
| Hershal H Beam 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.
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 |
| 107 Drake Street, Gastonia NC | 0 mi | $155,000 | days | |
| 79 May Street, Gastonia NC | 0.1 mi | $200,000 | days | |
| 1907 Marshall Avenue, Gastonia NC | 0.3 mi | $149,000 | days | |
| 2108 Twin Avenue, Gastonia NC | 0.4 mi | $219,900 | days | |
| 512 Gray Street, Gastonia NC | 0.5 mi | $205,000 | days | |
| 1208 Walnut Avenue, Gastonia NC | 0.6 mi | $209,900 | days |
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 |
Powered by Google Maps
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
|
Occupancy Types |
|
Transportation to Work |
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.
A Courtesy Listing Provided By Your Realty PRO Brokerage Services LLC
107 Drake Street, Gastonia NC is a 952 ft2 on a 0.200 acres Appraisal lot. This is for $155,000. This has 2 bedrooms, 2 baths, and was built in 1930.
Based on information submitted to the MLS GRID as of 2026-03-24 11:15:15 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.