For Sale $189,900
Investor Opportunity in Desirable and historic Loray Mill/ Fuse district! Don’t miss this well-maintained mill house tucked away in a quiet neighborhood just behind the highly sought-after Loray Mill district. This 3-bedroom, 2-bath home blends classic charm with some more modern updates, making it an excellent addition to any investment portfolio. The property features updated vinyl plank flooring throughout and has been very well cared for. Even better—this home is already income-producing with a one-year lease in place through April 2027, generating $1,550 per month in rental income. Additional highlights include an extended concrete driveway, covered carport, and an HVAC system that appears to be relatively new—helping minimize near-term maintenance concerns. Whether you’re a seasoned investor or just getting started, this is a turnkey opportunity with a reliable tenant already in place. Secure immediate cash flow in a growing and popular area of Gastonia! Opportunities like this don’t come along often—act quickly!
| List Price: | $189,900 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1249 sqft |
| Parking: | Detached Carport, Driveway |
| MLS Number: | CAR4377228 |
| Subdivision: | None |
| Style: | Traditional |
| Bathrooms: | 2 |
| Lot Description: | Level |
| Year Built: | 1914 |
| Sewer Type: | Public Sewer |
| Elementary: | Pleasant Ridge |
| Middle: | Yorkchester |
| High: | Hunter Huss |
| Date | Event | Price | $/SQFT |
| 05-23-2026 | Listed | $189,900 | $153 |
| 10-23-2025 | Price Decrease | $274,000-3.18% | $220 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Pleasant Ridge Elementary School | 1 miles | PK-05 | 2 |
| Webb Street School | 1 miles | PK-05 | N/A |
| Piedmont Community Charter School | 1 miles | KG-06 | 8 |
| Lingerfeldt Elementary School | 1 miles | PK-05 | 1 |
| 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.
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 |
| 1113 4th Avenue, Gastonia NC | 0 mi | $189,900 | days | |
| 1015 4th Avenue, Gastonia NC | 0.1 mi | $275,000 | days | |
| 913 3rd Avenue, Gastonia NC | 0.2 mi | $265,000 | days | |
| 318 Liberty Street, Gastonia NC | 0.2 mi | $189,900 | days | |
| 307 Ransom Street, Gastonia NC | 0.2 mi | $254,900 | days | |
| 321 Weldon Street, Gastonia NC | 0.2 mi | $205,000 | 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 Howard Hanna Allen Tate Gastonia
1113 4th Avenue, Gastonia NC is a 1249 ft2 on a 0.140 acres Level lot. This is for $189,900. This has 3 bedrooms, 2 baths, and was built in 1914.
Based on information submitted to the MLS GRID as of 2026-05-23 11:10:37 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.