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Brick Quadplex
New
For Sale
$400,000

423 N Carpenter Street, Gastonia, NC 28054

Residential Income, Gastonia, NC

Property SizeContact for details
Lot Size0.34 Acres
Days on Market1

Property Features for 423 N Carpenter Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description APT01
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 6, Bedroom 7, Bedroom 8, Bathroom 4
Pets allowed Yes
Elementary school Gardner Park
Middle school Grier
High school Ashbrook
Standard status Active
APN 119398
Lot size 0.34 Acres

Taxes and HOA fees

Tax Description P J MCARVER L 9-12 01 134A 017 00 000
Legal Description P J MCARVER L 9-12 01 134A 017 00 000

Utilities

Sewer type Public Sewer
Heating system Central, Heat Pump (Heating)
Cooling system Heat Pump, Central Air

Building Details

Year built 1982
Floors in Building 1
Number of units 4
Building materials Brick Full
Listing Agency: EXP Realty LLC Ballantyne
Listed By: Angie Castro · License #327991
Added: Oct 2 Last Checked: Oct 2 at 10:06PM
MLS# 4430801

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.

This 1982 brick quadplex contains four garden-style residences on a 0.34-acre parcel. Heating is provided by central systems and heat pumps, while cooling is available through central air and heat pumps. The property connects to public sewer.

All four units are leased. Water is not separately metered; tenants reimburse the owner through a monthly fee.

Key Highlights

  • Four‑unit garden‑style residential property
  • Fully leased across all four residences
  • Built in 1982 with full brick construction

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Storage Facility Garden Center Carpet & Flooring Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

772
Businesses Nearby

Demographics for 28054, NC

40,548
Population
18,351
Households
2.2
Avg Household Size
40
Median Age
25%
College-Educated
90%
High-School Grad
19.3 sq mi
ZIP Area
2,101
Density / Sq Mi
$59,524
Median Household Income
$39,883
Median Earnings
$1,150
Median Rent
$220,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - All four residences are leased, with central heating and cooling throughout.
Where is this quadplex located?
The property is located at 423 N Carpenter Street Gastonia, NC.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Four‑unit garden‑style residential property; Fully leased across all four residences; Built in 1982 with full brick construction
More about this property
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