OFF MARKET

Off Market Jun 2020 for $740K

—

•

16 ba

•

6,552

sq ft

1024 Avondale Rd, Lowell, NC 28098

About this home

!!!Attention Investors!!! Here is an opportunity to add 16 units of multifamily real estate to your rental portfolio. The complex consists of 2 buildings that have 12 bedrooms each. All of the units are currently vacant. the owners plans were to rehab and lease up. due to currently being tied up on other projects the seller has decided to sale. some of the units do need rehab work. some just need cosmetics and others may need a little more TLC. This a great opportunity for someone that is already in the multifamily business. Potential rents of 145-150k annual gross after being brought to 100% occupancy rate.

Multi-familyProperty Type

1970Year Built

1.37 acresLot Size

$113Price/Sq.Ft.

Listed by Eddie Howell • Coldwell Banker Carver-Pressley, Realtors

Listed by Carla Howell • Coldwell Banker Carver-Pressley, Realtors

Bought with Joshua Fannin • Providence Management & Investments LLC

Redfin checked: a minute ago

•Source:CANOPYMLS as Distributed by MLS Grid #3628268

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 28098, NC

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.1%

1.9% MoM

Median sale price

$280K

$44K MoM

Avg. days on market

82d

49 days MoM

Recently sold homes

1 MoM

New listings for sale

$389,999
4 beds2.5 baths2,845 sq ft
1200 Catawba Run, Lowell, NC 28098
3D WALKTHROUGH
$250,000
3 beds2 baths1,012 sq ft
111 N Clay St, Lowell, NC 28098
3D WALKTHROUGH
$235,000
2 beds1 bath1,272 sq ft
5 Love St, Lowell, NC 28098
3D WALKTHROUGH
$235,000
2 beds1 bath1,178 sq ft
25 Stowe St, Lowell, NC 28098
See all

Provided by Redfin

Sale history for 1024 Avondale Rd

Date

Event

Price

CANOPYMLS as Distributed by MLS Grid #3628268

Jun 30, 2020

Sold

$740,000

$113/sq ft

Jun 10, 2020

Contingent

—

Jun 9, 2020

Pending

—

Jun 9, 2020

Listed

$754,900

$115/sq ft

Public Records

Jan 10, 2014

Sold

$350,100

$53/sq ft

CANOPYMLS as Distributed by MLS Grid #2013889

Jan 31, 2014

Sold

$350,000

$53/sq ft

Nov 25, 2013

Contingent

—

Nov 5, 2013

Relisted

—

Sep 26, 2013

Contingent

—

Jul 25, 2013

Relisted

—

Jun 28, 2013

Contingent

—

Jun 18, 2013

Price Changed

$424,900

$65/sq ft

Feb 18, 2013

Price Changed

$450,000

$69/sq ft

Jan 17, 2013

Listed

$549,000

$84/sq ft

Public Records

Mar 16, 2011

Sold

$508,500

$78/sq ft

Public Records

May 22, 1998

Sold

$544,000

$83/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$4,826

$675,950

2024

$4,826 (+2.7%)

$675,950

2023

$4,698 (+109.0%)

$675,950

2022

$2,248 (+2.4%)

$42,250 + $202,070

$244,320

2021

$2,194

$42,250 + $202,070

$244,320

2020

$2,194 (−1.1%)

$42,250 + $202,070

$244,320

2019

$2,218 (+11.0%)

$42,250 + $202,070

$244,320

2018

$1,999

$42,250 + $202,070

$244,320

2017

$1,999

$25,350 + $186,394

$211,744

2016

$1,998 (+4.1%)

$25,350 + $186,394

$211,744

2014

$1,920

$25,350 + $183,441

$208,791

2013

$1,921 (+10.2%)

$25,350 + $183,441

$208,791

2012

$1,743 (−32.4%)

$25,350 + $183,441

$208,791

2011

$2,579

$25,350 + $183,441

$208,791

Tax history for 1024 Avondale Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,826

$675,950

2024

$4,826 (+2.7%)

$675,950

2023

$4,698 (+109.0%)

$675,950

2022

$2,248 (+2.4%)

$42,250 + $202,070

$244,320

2021

$2,194

$42,250 + $202,070

$244,320

2020

$2,194 (−1.1%)

$42,250 + $202,070

$244,320

2019

$2,218 (+11.0%)

$42,250 + $202,070

$244,320

2018

$1,999

$42,250 + $202,070

$244,320

2017

$1,999

$25,350 + $186,394

$211,744

2016

$1,998 (+4.1%)

$25,350 + $186,394

$211,744

2014

$1,920

$25,350 + $183,441

$208,791

2013

$1,921 (+10.2%)

$25,350 + $183,441

$208,791

2012

$1,743 (−32.4%)

$25,350 + $183,441

$208,791

2011

$2,579

$25,350 + $183,441

$208,791

*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

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

0.69 Acres

Year renovated

1975

Sq. Ft.

6,552

Year built

1970

Style

Multi-Family (5+ Unit)

County

Gaston County

APN

128268

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 17, 2026.

RS-8

Single-Family 8,000 Square Feet

The purpose of the RS-8 district is primarily for the development of single-family residential with a standard minimum lot size of 8,000 square feet. This district is generally found in the urban standards overlay (USO) district and is served by public or community water and sewer utilities. Higher densities than this is normally allowed and a variety of different residential types may be accommodated through planned residential developments (PRD), infill residential developments and traditional neighborhood developments (TND) and/or through the satisfaction of certain performance design and construction.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Single unit
Housing-Multiple units
Mixed use building
Educational / school

Property details

Parking

Parking Information
Main Level Garage Y/N: 0
Parking Features: Parking Lot

Interior

Bedroom Information
# of Bedrooms: 24

Bathroom Information
# of Full Baths (Total): 16

Laundry Room Information
Laundry Features: Other

Heating & Cooling
Heating Information: Central

Interior Features
Appliances: None

Multi-Unit Information
# of Units (Total): 16
# of Units: 0

Exterior

Building Information
Construction Type: Site Built
Construction Materials: Brick

Property Information
Property Sub Type: Multi-Family

Lot Information
Lot Size Area: 1.37
Lot Size Dimensions: 0
Road Responsibility: Public Maintained Road

Financial

Lease / Rent Details
Tenant Pays: Cable TV, Electric Heat, Electricity, Gas, Water, All Utilities

Utilities

Utility Information
Water Source: Public
Sewer: Septic Installed
Water Heater Information: Electric

Location

HOA Information
HOA Subject To: None

School Information
Elementary School: Unspecified
Middle Or Junior High School: Unspecified
High School: Unspecified

Community Information
Pets Allowed: Conditional

Public facts

Beds: —
Baths: —
Sq. Ft.: 6,552
Stories: 2.0
Lot Size: 0.69 acres
Style: Multi-Family (5+ Unit)
Year Built: 1970
Year Renovated: 1975
County: Gaston County
APN: 128268

Home facts updated by county records on Jul 17, 2026

Other

Home Information
Living Area: 6552
Building Area Total: 6552
Foundation Details: Crawl Space
Structure Type: Apartments

Around this home

Schools

McAdenville Elementary School

Public K-5 • Assigned • 0.9mi

8/10

Holbrook Middle School

Public 6-8 • Assigned • 1.0mi

3/10

Stuart W. Cramer High School

Public 9-12 • Assigned • 2.1mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 104° expected this year, 17 days in 30 years

5/10 Wind Factor

25% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Lowell, NC • 28098

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.4 hours in June and 5.3 hours in December, which is comparable to the U.S. average for solar exposure.

9.4 hrs

5.3 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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Home values near 1024 Avondale Rd

Data from public records.

Address	Redfin Estimate
1033 Avondale Rd, Lowell, NC 3 Beds \| 1.5 Baths \| 1300 Sq. Ft.	$262,986
1049 Avondale Rd, Lowell, NC 2 Beds \| 1 Baths \| 1296 Sq. Ft.	$226,475

Address	Redfin Estimate
1023 Avondale Rd, Lowell, NC 4 Beds \| 3 Baths \| 1944 Sq. Ft.	$329,451
1055 Avondale Rd, Lowell, NC 3 Beds \| 1 Baths \| 1296 Sq. Ft.	$243,653

Address	Redfin Estimate
1025 Avondale Rd, Lowell, NC 3 Beds \| 1 Baths \| 1296 Sq. Ft.	$185,993
1041 Avondale Rd, Lowell, NC 3 Beds \| 1.5 Baths \| 1326 Sq. Ft.	$249,747

Property information provided by CANOPYMLS as Distributed by MLS Grid when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 28098, NC

Sale history for 1024 Avondale Rd

Tax history for 1024 Avondale Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 28098

Home values near 1024 Avondale Rd

More real estate resources