For Sale $1,300,000
Fantastic Investment Opportunity – Stabilized 11-Unit Apartment Building with Development Potential Whether you're expanding your rental portfolio or just getting started, this stabilized 11-unit apartment building offers strong potential. Located at 1903 E Ozark Ave (apartment address: 1909 E Ozark Ave), the property features ten 1-bedroom/1-bath units and one 2-bed/1-bath unit (Unit 3). Significant renovations were completed in 2022, including: Electrical upgrades, new heating units, interior updates (fresh paint, new flooring, and cabinetry). Exterior improvements (new board & batten siding, fascia, soffits, gutters, doors, and downspouts). Units 6, 8, and 9 have been fully remodeled. Additionally, the site includes three more addresses on the parcel —1903, 1905, and 1907 E Ozark Ave. According to the City of Gastonia Planning Department, these parcels are suitable for future multifamily or mixed-use development, offering added value and long-term growth potential.
List Price: | $1,300,000 |
Status: | For Sale |
Bedrooms: | 12 |
Type: | Apartment |
Parking: | Driveway, Parking Lot |
MLS Number: | CAR4240796 |
Subdivision: | none |
Style: | Other |
Lot Description: | Level |
Year Built: | 1935 |
Sewer Type: | Public Sewer |
Elementary: | Brookside |
Middle: | Grier |
High: | Ashbrook |
Date | Event | Price | $/SQFT |
05-25-2025 | Listed | $1,300,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
School Name | Distance | Grades | Rating |
Brookside Elementary School | 1 miles | PK-05 | 6 |
Sherwood Elementary School | 2 miles | PK-05 | 2 |
Piedmont Community Charter School | 2 miles | KG-06 | 8 |
Gardner Park Elementary School | 2 miles | PK-05 | 3 |
Carr Elementary School | 3 miles | PK-05 | 3 |
Lingerfeldt 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 |
1909 Ozark Avenue, Gastonia NC | 0 mi | $1,300,000 | days | |
1900 Ozark Avenue, Gastonia NC | 0 mi | $650,000 | days | |
743 Separk Circle, Gastonia NC | 0.2 mi | $265,000 | days | |
1904 Hemlock Avenue, Gastonia NC | 0.2 mi | $100,000 | days | |
1884 Hilltop Circle, Gastonia NC | 0.2 mi | $150,000 | days | |
1893 Hilltop Circle, Gastonia NC | 0.2 mi | $169,900 | 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 |
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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)
Property Taxes |
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Property Insurance |
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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 Real Estate Realty LLC
1909 Ozark Avenue, Gastonia NC is a ft2 on a 0.630 acres Level lot. This is for $1,300,000. This has 12 bedrooms, baths, and was built in 1935.
Based on information submitted to the MLS GRID as of 2025-05-25 11:20:30 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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