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Multifamily Property with Two Mobile Homes
For Sale
$150,000

714 Garden Valley Road, Statesville, NC 28625

Two parcels include occupied single-wide homes, shared well service, and separate septic systems for each dwelling.

Property SizeContact for details
Lot Size2.06 Acres
Days on Market11

Property Features for 714 Garden Valley Road

General Information

Standard status Active
Lot size 2.06 Acres
Property subtype Acreage

Site & Location

Road Access Yes
Utilities to Site Yes

Amenities

Size: 2.06, Size Units: Acres
Days on Market: 0, Listing Price: 150000, Status: Active
Elementary: Unspecified, Middle/Junior High: Unspecified, High School: Unspecified
City: Statesville, State: NC, Zip: 28625, County: Iredell, Directions: From US-64 E, turn onto Battle Rd and then Left onto Garden Valley Rd, Destination will be on the left.
Zoning: RA
Sewer: Septic Installed, Water Source: Shared Well
Auction Y/N: 0
Listing Agency: Lantern Realty & Development, LLC
Listed By: Lynnette Gearing
Source: Blackstreaminternational
Added: Sep 11 Changed: Sep 20 Last Checked: Sep 20 at 2:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lantern Realty & Development, LLC

Investment Insights

Based on property information with market context.

The offering combines two parcels at 714 and 718 Garden Valley Road in Statesville, totaling approximately 2.06 acres. Improvements include a 1995 two-bedroom, two-bath single-wide mobile home and a 1998 three-bedroom, two-bath single-wide mobile home. Both dwellings have long-term tenants in place. The mobile homes are personal property and are excluded from the real property conveyed in the sale.

The parcels provide approximately 391 feet of combined road frontage. Both homes use a shared well, while each has its own septic system. The larger parcel contains more than 1.5 acres, and the second parcel measures approximately 0.55 acre. Any subdivision or additional development is subject to Iredell County requirements, zoning, septic suitability, access, and applicable approvals.

Key Highlights

  • Two parcels totaling approximately 2.06 acres
  • Two existing single‑wide mobile homes: 2‑bedroom, 2‑bath and 3‑bedroom, 2‑bath
  • Both homes have long‑term tenants in place

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Auto Repair Shop Pet Grooming Service Grocery & Convenience Store Restaurant Car Rental Facility

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

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 28625, NC

38,396
Population
16,917
Households
2.3
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
199.3 sq mi
ZIP Area
193
Density / Sq Mi
$64,657
Median Household Income
$38,123
Median Earnings
$996
Median Rent
$216,000
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two parcels include occupied single-wide homes, shared well service, and separate septic systems for each dwelling.
Where is this multifamily property located?
The property is located at 714 Garden Valley Road Statesville, NC.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Two parcels totaling approximately 2.06 acres; Two existing single‑wide mobile homes: 2‑bedroom, 2‑bath and 3‑bedroom, 2‑bath; Both homes have long‑term tenants in place
More about this property
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