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    229 W Liberty St Forest City, NC 28043

    Sponsored
    For Sale
    $625,000

    MULTI_FAMILY - Forest City, NC

    Lot size:
    2.21 Acres
    Days on Market:
    50
    Last Refresh:
    Jan 6 at 11:06 pm

    Property Features for 229 W Liberty St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 6, Bedroom 4, Bedroom 1, Laundry Room, Bedroom 5, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 1
    Bedrooms
    6
    APN
    1634779
    Parking features
    On Street
    Pets allowed
    Yes
    Appliances
    Electric Range
    Lot size
    2.21 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Ductless (Heating)
    Cooling system
    Window Unit(s), Ductless

    Building Details

    Year built
    1930
    Floors in Building
    1
    Number of units
    2
    Building materials
    Vinyl

    EXP REALTY LLC (336) 937-9123 [email protected]

    Listing agent Cindy Souza (704) 300-8105

    Listing date Nov 19, 2025

    MLS# 4306776 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Family Investment Opportunity

    This multi-residential investment opportunity features 2.21 acres with multiple dwellings already in place. Two of the homes are currently tenant-occupied and generating rental income. A third home is halfway through renovations, while another home is in need of a full remodel. The parcel allows for one more dwelling to be built. This property is located in Forest City, North Carolina, and is an ideal investment for expanding a rental portfolio, exploring multi-generational living options, or creating a small community with income-producing potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Forest City
    County
    Rutherford
    State
    North Carolina
    Longitude
    -81.866572
    Latitude
    35.32701943

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    FAQs

    What type of property is this?
    Single family property - 2.21 acres with multiple dwellings and income potential.
    Where is this single family property located?
    The property is located at 229 W Liberty St Forest City, NC.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Multi-residential investment opportunity on 2.21 acres.; - Existing rental income from two tenant-occupied homes.; - Potential for additional income by completing renovations on a third home.
    (704) 300-8105
    Request Owner's contact information
    229 W Liberty St Forest City, NC 28043
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    229 W Liberty St Forest City, NC 28043
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