Property summary
This exceptional 5-unit apartment building presents a compelling investment opportunity in the heart of Gastonia, NC. Located at 907 W 5th Ave, this property boasts a prime downtown location within the thriving Greater Charlotte MSA, offering easy access to I-85 and major employers. The building, constructed in 1920 and extensively renovated in 2023, comprises four one-bedroom/one-bathroom units and one three-bedroom/one-bathroom unit, totaling 3,700 square feet of net rentable space. Recent… renovations included a new roof, plumbing, electrical systems, siding, gutters, flooring, cabinets, and countertops. Approximately 75% of the HVAC systems are less than five years old, and the property features new windows and PEX pipes. The 0.2-acre lot offers public street parking and two driveway spaces. The property currently generates a Net Operating Income (NOI) of $36,013, representing a 5.86% capitalization rate. The asking price is $615,000, or $123,000 per unit, and the land value is $166.22 per square foot. Gaston County's robust economy, fueled by major employers and significant growth, makes this a highly attractive investment with strong potential for future appreciation. The planned extension of the Lynx Silver Line into Gastonia further enhances the area's connectivity and economic prospects, promising continued growth and increased property values. This is a rare opportunity to acquire a recently renovated, high-performing multifamily asset in a rapidly developing market.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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