For Sale $580,000
• Exceptional 5-unit multifamily investment opportunity with value-add and organic rent growth potential. The property consists of 4 1-BR units and 1 3-BR unit. • All units were recently updated, the property is fully occupied, and rents are generally below market rates, positioning the property well for organic rent increases. • Rare opportunity to purchase a well-maintained property in close proximity to rapidly expanding FUSE District and Downtown Gastonia, one of the fastest growing cities in North Carolina and a major part of one of the fastest growing metropolitan areas in the nation (Charlotte MSA).
| List Price: | $580,000 |
| Status: | For Sale |
| Bedrooms: | 7 |
| Type: | Fiveplex |
| Parking: | Driveway |
| MLS Number: | CAR4283691 |
| Year Built: | 1920 |
| Sewer Type: | Public Sewer |
| Elementary: | Pleasant Ridge |
| Middle: | Yorkchester |
| High: | Hunter Huss |
| Date | Event | Price | $/SQFT |
| 11-15-2025 | Price Decrease | $580,000-3.33% | N/A |
| 10-20-2025 | Price Decrease | $600,000-4.00% | N/A |
| 08-15-2025 | Listed | $625,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Pleasant Ridge Elementary School | 1 miles | PK-05 | 2 |
| Piedmont Community Charter School | 1 miles | KG-06 | 8 |
| Webb Street School | 1 miles | PK-05 | N/A |
| Lingerfeldt Elementary School | 1 miles | PK-05 | 1 |
| Hershal H Beam Elementary School | 2 miles | PK-05 | 2 |
| Sherwood Elementary School | 2 miles | PK-05 | 2 |
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 |
| 907 5th Avenue, Gastonia NC | 0 mi | $580,000 | days | |
| 901 5th Avenue, Gastonia NC | 0 mi | $120,000 | days | |
| 408 Hill Street, Gastonia NC | 0.1 mi | $239,895 | days | |
| 1003 4th Avenue, Gastonia NC | 0.1 mi | $309,900 | days | |
| 913 W Third Avenue, Gastonia NC | 0.1 mi | $310,000 | days | |
| 1019 5th Avenue, Gastonia NC | 0.1 mi | $129,000 | 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)
| Property Taxes |
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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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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 Greysteel North Carolina LLC
907 5th Avenue, Gastonia NC is a ft2 on a 0.200 acres Appraisal lot. This is for $580,000. This has 7 bedrooms, baths, and was built in 1920.
Based on information submitted to the MLS GRID as of 2025-08-15 11:00:13 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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