Eight-Home Portfolio Remodeled After
For Sale
$997,000
1204 Iva Avenue, Gastonia, NC 28052
MULTI_FAMILY - Gastonia, NC
Property SizeContact for details
Lot Size1.26 Acres
Days on Market76
Property Features for 1204 Iva Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
R1
Bedrooms
22
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 17, Bedroom 5, Bedroom 16, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 5, Bathroom 7, Bedroom 8, Bedroom 9, Bedroom 19, Bedroom 11, Bedroom 1, Bathroom 6, Bathroom 2, Bedroom 10, Bedroom 6, Bedroom 21, Bedroom 13, Bathroom 8, Bathroom 3, Bedroom 18, Bedroom 7, Bathroom 4, Bedroom 15, Bedroom 22, Bedroom 12, Bathroom 1, Bedroom 20, Bedroom 14
Parking features
Driveway
Pets allowed
Yes
Elementary school
Unspecified
Middle school
Unspecified
High school
Unspecified
Standard status
Active
APN
112055
Lot size
1.26 Acres
Taxes and HOA fees
Tax Description
. 01 075 081 01 000
Legal Description
. 01 075 081 01 000
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1960
Number of units
8
Building materials
Vinyl
Listing Agency:
Metric Realty Company
(704) 567-0906
Listed By:
Chris Felder
(704) 307-8951
Added: May 28
Changed: Aug 2
Last Checked: Aug 11 at 4:06AM
MLS# 4382471
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
An eight-home single-family portfolio offered as apartment building inventory, with all properties located within one block of each other. The homes were built in 1960 and feature vinyl construction, central heating, central air conditioning, and driveway parking. Public sewer is available.
One property, 1204 Iva, was damaged due to a hurricane. That home was gutted and completely remodeled, with permitted work and a Certificate of Compliance issued by the City of Gastonia Code Enforcement in March 2026. Only one property is currently vacant and would require improvements to be rent-ready.
The portfolio is professionally managed, and showings are not available until under contract. Acreage and square footage are approximate and based on public records, and the buyer is advised to verify all square footage and acreage.
One property, 1204 Iva, was damaged due to a hurricane. That home was gutted and completely remodeled, with permitted work and a Certificate of Compliance issued by the City of Gastonia Code Enforcement in March 2026. Only one property is currently vacant and would require improvements to be rent-ready.
The portfolio is professionally managed, and showings are not available until under contract. Acreage and square footage are approximate and based on public records, and the buyer is advised to verify all square footage and acreage.
Key Highlights
- Eight single‑family homes within one block of each other
- 1.26‑acre lot with vinyl construction
- Central heating and central air conditioning throughout
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
126
Businesses Nearby
Explore this area
Business Placement
Demographics for 28052, NC
35,332
Population
15,561
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
83%
High-School Grad
41.4 sq mi
ZIP Area
853
Density / Sq Mi
$46,015
Median Household Income
$34,339
Median Earnings
$1,058
Median Rent
$173,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment-style portfolio of eight single-family homes with central HVAC, public sewer, and one recently rebuilt, permitted residence.
Where is this apartment building located?
The property is located at 1204 Iva Avenue Gastonia, NC.
What is the asking price?
The asking price for this property is $997,000.
What are key features of this property?
This property features: Eight single‑family homes within one block of each other; 1.26‑acre lot with vinyl construction; Central heating and central air conditioning throughout
