For Sale $1,150,000
This is an eight single-family portfolio located in the growing Charlotte suburb of Gaston, NC. All properties are located within one block of each other. They are a 45-minute drive to Uptown Charlotte and 30 minutes away from Charlotte Douglas International Airport. 1204 Iva was damaged due to a hurricane. The property was gutted and completely remodeled. All work permitted with a Certificate of Compliance issued by the City of Gastonia Code Enforcement in March 2026. The monthly gross income is $9,464 when fully occupied. Currently, 1204 Iva is vacant and ready to rent. Another property requires approximately $5,000 in improvements to be rent-ready. Annual insurance is $4,450, and taxes are $6,416.00 across all properties. The properties are professionally managed. No showings until under contract. DO NO DISTURB TENANTS. DO NOT TALK TO TENANTS. Acreage and square footage are approximate and based on public records. Buyer to verify all square footage and acreage. Listing agent has an ownership interest in the selling LLC.
| List Price: | $1,150,000 |
| Status: | For Sale |
| Bedrooms: | 22 |
| Type: | Portfolio |
| Parking: | Driveway |
| MLS Number: | CAR4382471 |
| Year Built: | 1960 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 06-08-2026 | Listed | $1,150,000 | N/A |
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 |
| Lingerfeldt Elementary School | 1 miles | PK-05 | 1 |
| Webb Street School | 1 miles | PK-05 | N/A |
| Hershal H Beam Elementary School | 2 miles | PK-05 | 2 |
| Piedmont Community Charter School | 2 miles | KG-06 | 8 |
| Edward D Sadler Jr Elementary School | 3 miles | PK-05 | 1 |
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 |
| 1204 Iva Avenue, Gastonia NC | 0 mi | $1,150,000 | days | |
| 1548 Westbrook Circle, Gastonia NC | 0.2 mi | $364,900 | days | |
| 1540 Westbrook Circle, Gastonia NC | 0.2 mi | $475,000 | days | |
| 1232 Salvadore Court, Gastonia NC | 0.3 mi | $229,000 | days | |
| 1116 East Drive, Gastonia NC | 0.3 mi | $217,500 | days | |
| 1040 East Drive, Gastonia NC | 0.4 mi | $120,000 | 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 Metric Realty Company
1204 Iva Avenue, Gastonia NC is a ft2 on a 1.260 acres Appraisal lot. This is for $1,150,000. This has 22 bedrooms, baths, and was built in 1960.
Based on information submitted to the MLS GRID as of 2026-06-08 10:11:19 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.