Recent Price Reduction...Great investor opportunity for full 1 story brick 4-plex. All the units have recently installed enclosed fenced back for privacy. Property is 2.5 miles to Crowder's Mountain State Park, & 11 miles to Catawba Two Kings Casino which would also make any vacant units ideal for an AirBnB for higher profits. Property is about 7 miles from minutes of the Fuse District, CaroMont Health Park (Home of the Honey Hunters), and downtown Gastonia which has food & entertainment. Two HVAC units were installed 1996 & two were installed 2024. Roof was replaced in 2019. New septic system was installed in 2023. While there is additional acreage behind the fencing that is apart of this property, the additional land currently sits on wetlands, which creates a challenge to build any additional structures in back. Tenants pay all the utilities except for trash(dumpster) & lawn service.
Great fully occupied income generating property in Gastonia, NC operating at 8.5% Cap Rate. New Roof was put on in 2019 and minor updates have been made to property. Value add's include raising rents (please see OM for projected pro-forma), making some renovations to the property, and resurfacing the parking lot. Please note, while there is additional acreage behind the building that is apart of this property, the additional land currently sits on wetlands, therefore creating a challenge to build any additional structures or building. PLEASE DO NOT DISTURB TENANTS! This property is within 5 minutes of Crowder's Mountain State Park.The property is within 5-10 minutes of major retail businesses, other residences, and I-85. The property is also within 12-15 minutes of the Fuse District, CaroMont Health Park (Home of the Honey Hunters), and downtown Gastonia. 15-20 Minutes to Kings Mountain and the new Catawba Two Kings Casino.
Public Records
Jul 31, 2007
Sold
$167,000
$58/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,367
$29,840 + $301,630
$331,470
2024
$2,367 (+2.7%)
$29,840 + $301,630
$331,470
2023
$2,304 (+43.0%)
$29,840 + $301,630
$331,470
2022
$1,611 (−0.3%)
$22,000 + $153,160
$175,160
2021
$1,617
$22,000 + $153,160
$175,160
2020
$1,617 (−1.1%)
$22,000 + $153,160
$175,160
2019
$1,634 (+45.1%)
$22,000 + $153,160
$175,160
2018
$1,126
$22,000 + $153,160
$175,160
2017
$1,126
$32,000 + $83,493
$115,493
2016
$1,126 (−13.4%)
$32,000 + $83,493
$115,493
2014
$1,300
$33,500 + $101,278
$134,778
2013
$1,301 (+3.8%)
$33,500 + $101,278
$134,778
2012
$1,253 (+2.2%)
$33,500 + $101,278
$134,778
2011
$1,226
$33,500 + $101,278
$134,778
Tax history for 5309 Lewis Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,367
$29,840 + $301,630
$331,470
2024
$2,367 (+2.7%)
$29,840 + $301,630
$331,470
2023
$2,304 (+43.0%)
$29,840 + $301,630
$331,470
2022
$1,611 (−0.3%)
$22,000 + $153,160
$175,160
2021
$1,617
$22,000 + $153,160
$175,160
2020
$1,617 (−1.1%)
$22,000 + $153,160
$175,160
2019
$1,634 (+45.1%)
$22,000 + $153,160
$175,160
2018
$1,126
$22,000 + $153,160
$175,160
2017
$1,126
$32,000 + $83,493
$115,493
2016
$1,126 (−13.4%)
$32,000 + $83,493
$115,493
2014
$1,300
$33,500 + $101,278
$134,778
2013
$1,301 (+3.8%)
$33,500 + $101,278
$134,778
2012
$1,253 (+2.2%)
$33,500 + $101,278
$134,778
2011
$1,226
$33,500 + $101,278
$134,778
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
4
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
2.7 Acres
Year renovated
1990
Sq. Ft.
2,900
Year built
1972
Style
Single Family Residential
County
Gaston County
APN
145716
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 17, 2026.
R-1
Single-Family Limited
The purpose of this district is to accommodate single-family site built and modular construction. The minimum lot size allowed in this district will be dependent on the provision of public or community water and sewer facilities. Although areas may be served with such utilities, most of these areas are located beyond existing or anticipated utility service coverage areas. The minimum lot size for residential uses in this district is therefore larger than in other residential zoning districts.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Educational / school
Feb 23, 2026 • Final
Hvac change out - gas
Replace the gas furnace and air conditioning system.
Gas
HVAC
Aug 9, 2024 • Final
Hvac change out - gas
Replace the indoor gas furnace and the outdoor air conditioner.
Gas
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.