1308 Linwood Road, Gastonia NC
- 0.6 ac
For Sale $625,000
Remarks:
Positioned in Gastonia, this 5-unit multifamily property features five spacious 2BR/1BA units with washer/dryer hookups. The property is low maintenance with: individually metered utilities (water, electricity and gas), city trash pickup, and all units have central HVAC. With in-place rents below market and the opportunity to increase rental income through targeted capital improvements, the property offers a clear value-add strategy for investors. Located in a growing submarket with strong long-term housing demand, 1308 Linwood Rd presents an accessible entry point into multifamily ownership with meaningful upside.
General Information:
| List Price: | $625,000 |
| Status: | For Sale |
| Type: | Fiveplex |
| Parking: | Parking Lot |
| MLS Number: | CAR4410238 |
| Year Built: | 1980 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 08-12-2026 | Listed | $625,000 | N/A |
| 11-20-2025 | Price Decrease | $395,000-3.66% | N/A |
| 10-25-2025 | Listed | $410,000 | N/A |
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 |
| 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.
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 |
| 1308 Linwood Road, Gastonia NC | 0 mi | $625,000 | days | |
| 1232 Salvadore Court, Gastonia NC | 0.1 mi | $229,000 | days | |
| 1417 Austin Street, Gastonia NC | 0.1 mi | $285,000 | days | |
| 1204 Iva Avenue, Gastonia NC | 0.2 mi | $997,000 | days | |
| 1201 Iva Avenue, Gastonia NC | 0.2 mi | $176,000 | days | |
| 1116 East Drive, Gastonia NC | 0.3 mi | $199,900 | days |
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 |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28052
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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.
Property Listing Information
A Courtesy Listing Provided By Britt Commercial Real Estate, LLC
1308 Linwood Road, Gastonia NC is a ft2 on a 0.580 acres Appraisal lot. This is for $625,000. This has bedrooms, baths, and was built in 1980.
Based on information submitted to the MLS GRID as of 2026-08-12 11:12:40 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.
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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.
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