904 Oakland Street, Gastonia NC
- 18 Bed
- 1.4 ac
For Sale $1,200,000
Remarks:
Rare opportunity to acquire a portfolio of seven single-family rental homes plus a small vacant lot on a quiet dead-end street, just 1.7 miles from the Fuse District. These homes offer a blend of historic charm and modern updates. All properties are currently rented, providing immediate cash flow, with four homes fully renovated, reducing maintenance concerns. The portfolio has been professionally managed for the past 4years and all maintance is up to date. Additionally, there is potential to raise rents to match market rates, enhancing overall returns. Homes are priced below market value if sold individually, presenting a strong upside for investors looking to capitalize on a growing area with high rental demand and long-term appreciation potential. 2 houses share one parcel. Do not disturb tenants. Homes can be viewed with an accepted offer. Don’t miss this exceptional value-add opportunity!
General Information:
| List Price: | $1,200,000 |
| Status: | For Sale |
| Bedrooms: | 18 |
| Type: | Portfolio |
| Parking: | Driveway |
| MLS Number: | CAR4222802 |
| Subdivision: | None |
| Lot Description: | Infill Lot |
| Year Built: | 1950 |
| 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 |
| 04-29-2025 | Listed | $1,200,000 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Piedmont Community Charter School | 1 miles | KG-06 | 8 |
| Webb Street School | 2 miles | PK-05 | N/A |
| Brookside Elementary School | 2 miles | PK-05 | 6 |
| Pleasant Ridge Elementary School | 2 miles | PK-05 | 2 |
| Sherwood Elementary School | 2 miles | PK-05 | 2 |
| Lingerfeldt Elementary School | 2 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 |
| 904 Oakland Street, Gastonia NC | 0 mi | $1,200,000 | days | |
| 305 Linden Circle, Gastonia NC | 0.2 mi | $235,000 | days | |
| 217 Norment Avenue, Gastonia NC | 0.2 mi | $249,000 | days | |
| 1406 Caldwell Street, Gastonia NC | 0.3 mi | $175,000 | days | |
| 921 Green Circle Drive, Gastonia NC | 0.3 mi | $149,000 | days | |
| 1411 Caldwell Street, Gastonia NC | 0.3 mi | $244,900 | 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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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28054
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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.
Property Listing Information
A Courtesy Listing Provided By NorthGroup Real Estate LLC
904 Oakland Street, Gastonia NC is a ft2 on a 1.420 acres lot. This is for $1,200,000. This has 18 bedrooms, baths, and was built in 1950.
Based on information submitted to the MLS GRID as of 2025-04-29 10:15:18 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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