Forest City, NC
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    Forest City, NC Residential Income Properties for Sale

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    Spindale, NC Bostic, NC Rutherfordton, NC
    Value-Add Investment Property
    $260,000
    10.16 Acres

    Value-Add Investment Property

    162 Lancaster Drive, Forest City, NC 28043

    Investment property with immediate income and expansion potential.

    • Immediate income generation from four existing manufactured homes paying lot rent.
    • Significant expansion potential on 10.16 acres with 24 spaces.
    • Multiple power box hookups already in place.
    • Well installed; city water also available.
    • Opportunity to create a park or picnic area by the creek.
    Updated: Sep 18, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Forest City, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Shelby, NC Investment Opportunity
    $350,000
    3.27 Acres

    Shelby, NC Investment Opportunity

    3.27-acre property with income potential in Shelby, NC.

    2125 Riverside Road, Shelby, NC 28152
    View details
    Chesnee Duplex Investment Opportunity
    $389,950
    0.23 Acres

    Chesnee Duplex Investment Opportunity

    Duplex in Chesnee, SC, with rental income potential.

    254 York Street, Chesnee, SC 29323
    View details
    Chesnee Duplex Investment Opportunity
    $389,950
    0.19 Acres

    Chesnee Duplex Investment Opportunity

    Duplex in Chesnee, SC, with two rented units.

    250 York Street, Chesnee, SC 29323
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    Shelby, NC Investment Opportunity
    $350,000
    2.40 Acres

    Shelby, NC Investment Opportunity

    Five rental units generating income in Shelby, North Carolina.

    116 & 118 Webb Road, Shelby, NC 28152
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land in Gated Community
    $31,900

    Land in Gated Community

    Land for sale in Rutherfordton, North Carolina.

    0 Clearwater Parkway 238, Rutherfordton, NC 28139
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    Union Mills Land For Sale
    $45,000
    2.49 Acres

    Union Mills Land For Sale

    2.49-acre building lot in Hearthstone Ridge, Union Mills, NC.

    Hearthstone Drive, Union Mills, NC 28167
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    Unrestricted Land Near Chesnee, SC
    $804,750
    43.33 Acres

    Unrestricted Land Near Chesnee, SC

    43.33+- acres of unrestricted land suitable for development or private use.

    00 Woods Farm Rd., Chesnee, SC 29323
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    Development Land Near Gardner-Webb University
    $799,000
    23.68 Acres

    Development Land Near Gardner-Webb University

    23.68 acres ideal for residential or student housing development.

    125 Flint Hill Church Road, Shelby, NC 28152
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    Off-Market Properties in Forest City, NC

    Consider similar Off-Market properties in Forest City, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    221 Us Hwy 74 @ Hwy

    221 Us Hwy 74 @ Hwy

    Land • 1.00 Acre
    Value Estimation by Request
    221 Us Hwy 74 @ Hwy, Forest City, NC 28043
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    Forest City, NC Residential Income Properties Investment Opportunities Market Analysis

    Explore 2 residential income properties for sale in Forest City, NC on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $260,000.

    Sale prices for residential income properties in Forest City, NC start at $260,000, averaging $260,000, and reaching up to $260,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Mobile home & RV parks 1
    Multifamily properties 1

    Demographics Overview

    Population 21K
    Population Growth (5Y) -0.9%
    Median Household Income $41,746
    College Educated 25.5%

    High-Yield Neighborhoods for Strategic Investment

    Identify Forest City submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    28043 $260K

    Taxes & Financing

    Tax Rate (average for all types) 0.82%
    Property Tax per SF $21.15 per sq ft
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

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