For Sale $135,000
With a little imagination and TLC, this home could be transformed into a dream residence in a highly sought-after location. Whether you're a first-time homebuyer or someone looking for a project, this property offers the perfect blend of potential and opportunity. This charming 2-bedroom, 1-bath home is a fantastic opportunity for anyone looking to invest in a property with great potential. Located just minutes from downtown Stanley and in close proximity to Belmont and Gastonia, this home sits on a .35-acre corner lot, fully fenced in for privacy! Inside, you'll find fresh new carpet in the living room and bedrooms, providing a cozy foundation to make this home your own. The property also features a new water heater installed in 2024, adding to the value and convenience! In addition to the house, there's a spacious 2-story shed with electricity, offering endless possibilities for use as a workshop, storage, or even a home office. Don't miss out and schedule a tour today!
| List Price: | $135,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 789 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4227810 |
| Subdivision: | Murphy Heights |
| Bathrooms: | 1 |
| Lot Description: | Cleared, Corner Lot |
| Year Built: | 1940 |
| Sewer Type: | Public Sewer |
| Elementary: | Kiser |
| Middle: | Stanley |
| High: | East Gaston |
| Date | Event | Price | $/SQFT |
| 10-29-2025 | Under Contract | $135,000-3.50% | $172 |
| 09-10-2025 | Price Decrease | $139,900-14.17% | $178 |
| 06-13-2025 | Price Decrease | $163,000-4.12% | $207 |
| 05-15-2025 | Listed | $170,000 | $216 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Brookside Elementary School | 6 miles | PK-05 | 6 |
| Carr Elementary School | 6 miles | PK-05 | 3 |
| Lowell Elementary School | 6 miles | KG-05 | 6 |
| Mountain Island Charter School | 6 miles | KG-06 | 8 |
| Pinewood Elementary School | 6 miles | PK-05 | 5 |
| Ida Rankin Elementary School | 7 miles | PK-05 | 6 |
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 |
| 202 Hovis Road, Stanley NC | 0 mi | $135,000 | days | |
| 708 Buckoak Street, Stanley NC | 0 mi | $215,000 | days | |
| 308 Taylor Drive, Stanley NC | 0.1 mi | $219,900 | days | |
| 720 4th Street, Stanley NC | 0.2 mi | $315,000 | days | |
| 633 Main Street, Stanley NC | 0.2 mi | $215,000 | days | |
| 109 Poplar Street, Stanley NC | 0.2 mi | $300,000 | 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 |
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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 |
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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 Broker LLC Belmont
202 Hovis Road, Stanley NC is a 789 ft2 on a 0.350 acres lot. This is for $135,000. This has 2 bedrooms, 1 baths, and was built in 1940.
Based on information submitted to the MLS GRID as of 2025-05-15 10:01:37 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.
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