198 Cowan Street, Rutherfordton NC
- 17 Bed
- 0.9 ac
For Sale $2,200,000
Remarks:
This is a completely renovated building that offers 17 units just a couple blocks from downtown Rutherfordton. There are biking/walking trails between downtown and the complex offering a lovely setting for tenants. All units have 1 bedroom and 1 full bath and laundry hook ups inside. The complex has been easy to rent and our property management firm would love to stay on board with the new owner. Each unit currently leases for $995 month. Each tenant pays their own power bill. Tenants pay $50 month for water, trash and sewer. This is an easy add to your portfolio as things are running well in the complex and everything was just renovated.
General Information:
| List Price: | $2,200,000 |
| Status: | For Sale |
| Bedrooms: | 17 |
| Type: | Apartment |
| Parking: | Parking Lot, Parking Space(s) |
| MLS Number: | CAR4329997 |
| Year Built: | 1984 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 12-18-2025 | Listed | $2,200,000 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Spindale Elementary School | 1 miles | PK-05 | 6 |
| Rutherfordton Elementary School | 3 miles | PK-05 | 7 |
| Mt. Vernon-Ruth Elementary School | 4 miles | PK-05 | 5 |
| Forest City-Dunbar Elementary School | 5 miles | PK-05 | 4 |
| Harris Elementary School | 7 miles | PK-05 | 7 |
| Forrest W. Hunt Elementary School | 7 miles | PK-05 | 8 |
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 |
| 198 Cowan Street, Rutherfordton NC | 0 mi | $2,200,000 | days | |
| 358 Cleghorn Street, Rutherfordton NC | 0.3 mi | $149,900 | days | |
| 246 Elm Street, Rutherfordton NC | 0.3 mi | $159,000 | days | |
| 381 Cleghorn Street, Rutherfordton NC | 0.3 mi | $115,900 | days | |
| 349 Main Street, Rutherfordton NC | 0.3 mi | $369,000 | days | |
| 192 Court Street, Rutherfordton NC | 0.4 mi | $368,000 | 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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Mortgage Calculator
| 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 28139
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Occupancy Types |
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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 House In Order, LLC
198 Cowan Street, Rutherfordton NC is a ft2 on a 0.890 acres Appraisal lot. This is for $2,200,000. This has 17 bedrooms, baths, and was built in 1984.
Based on information submitted to the MLS GRID as of 2025-12-18 10:21:35 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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