Positioned in Gastonia, this 5-unit multifamily property features five spacious 2BR/1BA units with washer/dryer hookups. The property is low maintenance with: individually metered utilities (water, electricity and gas), city trash pickup, and all units have central HVAC. With in-place rents below market and the opportunity to increase rental income through targeted capital improvements, the property offers a clear value-add strategy for investors. Located in a growing submarket with strong long-term housing demand, 1308 Linwood Rd presents an accessible entry point into multifamily ownership with meaningful upside.
Active
$625,000
1308 Linwood Rd, Gastonia, NC 28052
10beds
5baths
3,360sqft
Multi Family
Built in 1980
-- sqft lot
$592,500 Zestimate®
$186/sqft
$-- HOA
What's special
- 74 days
- 302
- 34
Zillow last checked:
Listing updated:
Listed by:
Zach Britt zbritt@brittcre.com,
Britt Commercial Real Estate, LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4410238
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Range, Electric Water Heater, Refrigerator
- Laundry: In Unit
Features
- Has basement: No
Interior area
- Total structure area: 3,360
- Total interior livable area: 3,360 sqft
- Finished area above ground: 3,360
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot
Lot
- Size: 0.58 Acres
Details
- Parcel number: 112039
- Zoning: APT01
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Full
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Gastonia
Financial & listing details
- Price per square foot: $186/sqft
- Tax assessed value: $258,180
- Date on market: 8/3/2026
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities
- Road surface type: Asphalt, Paved
Estimated market value
$592,500
$563,000 - $622,000
$1,285/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Listed for sale | $625,000$186/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4410238 Report a problem | ||
| 2/27/2025 | Listing removed | $950 |
Source: Zillow Rentals Report a problem | ||
| 2/20/2025 | Price change | $950-2.6% |
Source: Zillow Rentals Report a problem | ||
| 1/11/2025 | Listed for rent | $975+2.6% |
Source: Zillow Rentals Report a problem | ||
| 9/5/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/15/2023 | Listed for rent | $950 |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 28052
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