Listing
$625,000
1308 Li••••• Rd (Sign up for 50 free credits to unlock)Gastonia, NC 28052
Property Description
Positioned in Gastonia, this 5-unit multifamily property features five spacious 2BR/1BA units with washer/dryer hookups. The property is low maintenance with: individually metered utilities (water, electricity and gas), city trash pickup, and all units have central HVAC. With in-place rents below market and the opportunity to increase rental income through targeted capital improvements, the property offers a clear value-add strategy for investors. Located in a growing submarket with strong long-term housing demand, 1308 Linwood Rd presents an accessible entry point into multifamily ownership with meaningful upside.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Active
- Listed
- Jul 31, 2026
- Price per Sq Ft
- $186/sqft
- ZIP Code
- 28052
- Full Baths
- 5
- Parking
- Parking Lot
- Heating
- Central
- Cooling
- Central Air
- Construction
- Brick Full
- Property Tax (2025)
- $2,759/yr
- Assessed Value
- $258,180
- Neighborhood
- Southwest Gastonia
- County
- Gaston
- School District
- Gaston County School District
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 10
Bathrooms
- Full Bathrooms: 5
Land Info
- Additional Parcels: No
- Lot Size Acres: 0.58
- Lot Size Square Feet: 25265
Utilities
- Sewer: Public Sewer
- Water Source: City
Appliances
- Electric Range
- Electric Water Heater
- Refrigerator
- Laundry Features: In Unit
Rental Info
- Tenant Pays: All Utilities
Multi-Unit Info
- Number of Units: 5
- Bedrooms in Unit-1: 2
- Bedrooms in Unit-2: 2
- Bedrooms in Unit-3: 2
- Bedrooms in Unit-4: 2
- Bedrooms in Unit-5: 2
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
- Total Bathrooms in Unit-4: 1
- Total Bathrooms in Unit-5: 1
- Full Bathrooms in Unit-1: 1
- Full Bathrooms in Unit-2: 1
- Full Bathrooms in Unit-3: 1
- Full Bathrooms in Unit-4: 1
- Full Bathrooms in Unit-5: 1
- Unit 1 Total Actual Rent: 975
- Unit 2 Total Actual Rent: 975
- Unit 3 Total Actual Rent: 975
- Unit 4 Total Actual Rent: 925
Garage and Parking
- Open Parking: No
- Parking Features: Parking Lot
School Information
- Elementary School: Unspecified
- High School: Unspecified
- Middle School: Unspecified
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
- Heating: Yes
Other Property Info
- Source Listing Status: Active
- County: Gaston
- Owner Pays: Exterior Maintenance, Outdoor Lighting
- Parcel Number: 112039
- Postal Code Plus 4: 5192
- Zoning Description: APT01
- Property Subtype: Fiveplex
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Pets Allowed: Conditional
Building and Construction
- Year Built: 1980
- Above Grade Finished Area: 3360
- BelowGradeFinishedArea: 0
- Building Area Total: 3360
- Construction Materials: Brick Full
- Foundation Details: Crawl Space
- Property Age: 46
- Structure Type: Site Built
- Total Above Grade Sqft Area: 3360
Exterior and Lot Features
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Asphalt, Paved
Location
Lat 35.24673 · Lng -81.21152