Offering a rare investment opportunity of two duplexes (4 rentable units) on the same parcel, just south of Denver. Located off of Hwy 16, this property offers convenience and accessibility to nearby amenities and services. The lot is over 3.5 acres with a stream as well. One unit features two (2 bedroom/1 full bath) units, and the other features one 3 bedroom/1 full bath and a 2 bedroom/1 full bath unit. Each unit is occupied with leases currently in month to month status allowing you to maximize return on investment.
Closed
$360,000
1965 Cabin Ln, Stanley, NC 28164
9beds
3,220sqft
Quadruplex
Built in 1974
-- sqft lot
$437,900 Zestimate®
$112/sqft
$1,425 Estimated rent
Home value
$437,900
$398,000 - $486,000
$1,425/mo
Zestimate® history
Owner options
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$1,425/mo
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$1,425/mo
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$2,112/mo
Est. payment
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$2,112/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Michael Stokes michael.stokes@nestrealty.com,
DM Properties & Associates
Bought with:
Freddy Karmatz
FK and Associates Real Estate Firm
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4082002
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Heat Pump
Cooling
- Wall Unit(s)
Appliances
- Included: None
- Laundry: Laundry Room
Features
- Has basement: No
Interior area
- Total structure area: 3,220
- Total interior livable area: 3,220 sqft
- Finished area below ground: 0
Property
Parking
- Parking features: Shared Driveway
- Has uncovered spaces: Yes
- Details: shared gravel driveway, one unit has a carport
Features
- Waterfront features: None
Lot
- Size: 3.8 Acres
Details
- Parcel number: 02473
- Zoning: R-T
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood
- Foundation: Slab
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Septic Installed
- Water: City
Community & HOA
Location
- Region: Stanley
Financial & listing details
- Price per square foot: $112/sqft
- Tax assessed value: $338,578
- Annual tax amount: $2,606
- Date on market: 10/31/2023
- Cumulative days on market: 33 days
- Listing terms: Cash,Conventional
- Tenant pays: All Except Water
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 1/26/2024 | Sold | $360,000-4%$112/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4082002 Report a problem | ||
| 12/14/2023 | Pending sale | $375,000$116/sqft |
Source: Canopy MLS as distributed by MLS GRID #4082002 Report a problem | ||
| 11/24/2023 | Price change | $375,000-6.3%$116/sqft |
Source: Canopy MLS as distributed by MLS GRID #4082002 Report a problem | ||
| 10/31/2023 | Listed for sale | $400,000$124/sqft |
Source: Canopy MLS as distributed by MLS GRID #4082002 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,606 +3.5% | $338,758 |
| 2024 | $2,517 | $338,758 |
| 2023 | $2,517 +35.2% | $338,758 +78.6% |
| 2022 | $1,862 -0.5% | $189,657 |
| 2021 | $1,871 +8.9% | $189,657 |
| 2020 | $1,718 +1.6% | $189,657 |
| 2019 | $1,691 +19.2% | $189,657 +27.2% |
| 2018 | $1,419 | $149,141 |
| 2017 | $1,419 +0.3% | $149,141 |
| 2016 | $1,415 +3.9% | $149,141 |
| 2015 | $1,361 | -- |
| 2014 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $199,426 +15.5% |
| 2007 | -- | $172,609 |
| 2006 | -- | $172,609 |
| 2005 | -- | $172,609 |
| 2004 | -- | $172,609 |
| 2003 | -- | -- |
| 2002 | -- | $143,756 |
Find assessor info on the county website
Neighborhood: 28164
Nearby homes
- $--2 bd2 ba918 sqft2035-2035 Cabin Ln, Stanley, NC 28164Off Market
- $15,3273 bd2 ba1k sqft2007 Cabin Ln, Stanley, NC 28164Off Market
- $8,3892 bd1 ba770 sqft2020 Cabin Ln, Stanley, NC 28164Off Market
- $81,0002 bd1 ba648 sqft2017 Cabin Ln, Stanley, NC 28164Off Market
- $147,6003 bd2 ba1.5k sqft2032 Cabin Ln, Stanley, NC 28164Off Market
- $189,088-- bd-- ba9.3k sqft2027 Cabin Ln, Lincolnton, NC 28092Off Market
- $---- bd-- ba-- sqft2027 Cabin Ln, Stanley, NC 28164Off Market
- $--3.13 Acres7304 Old Plank Rd, Stanley, NC 28164Off Market
Nearby schools
GreatSchools rating
- 6/10Catawba Springs ElementaryGrades: PK-5Distance: 2.6 mi
- 4/10East Lincoln MiddleGrades: 6-8Distance: 5.5 mi
- 8/10East Lincoln HighGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Catawba Springs
- Middle: East Lincoln
- High: East Lincoln
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$437,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$437,900
- North Carolina
- Lincoln County
- Iron Station
- 28164
- 1965 Cabin Ln
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