107 Drake Street, Gastonia NC

  • 2 Bed
  • 2 Bath
  • 952 ft2
  • 0.2 ac

For Sale $155,000

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Remarks:

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.

General Information:

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

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

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

Nearby Schools

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.

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
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
1 to 6 of 25 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 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.