Great investment opportunity! This triplex features three spacious units, each offering 2 bedrooms and 1.5 baths. Ideal for investors or owner occupants looking to generate rental income. Two of the three units are currently tenant occupied.
Under contract-show
$204,900
218 Lovelace Rd, Forest City, NC 28043
6beds
3,248sqft
Triplex
Built in 1983
-- sqft lot
$193,900 Zestimate®
$63/sqft
$-- HOA
What's special
- 90 days |
- 60 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Jaime Harrill jharrill@hometownrealestate.com,
Hometown Real Estate
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4360338
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 3
- 1/2 bathrooms: 3
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Electric Oven
- Laundry: Other
Features
- Has basement: No
Interior area
- Total structure area: 3,248
- Total interior livable area: 3,248 sqft
- Finished area above ground: 3,248
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot
Lot
- Size: 0.62 Acres
Details
- Parcel number: 914113
- Zoning: R81I
- Special conditions: Subject to Lease
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Vinyl
- Foundation: Permanent
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Septic Installed
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Forest City
Financial & listing details
- Price per square foot: $63/sqft
- Tax assessed value: $150,900
- Date on market: 3/26/2026
- Cumulative days on market: 81 days
- Tenant pays: All Utilities
- Road surface type: Concrete, Paved
Estimated market value
$193,900
$184,000 - $204,000
$1,185/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Listed for sale | $204,900+36.6%$63/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4360338 Report a problem | ||
| 12/16/2022 | Sold | $150,000+25%$46/sqft |
Source: Public Record Report a problem | ||
| 7/15/2019 | Sold | $120,000+166.7%$37/sqft |
Source: Public Record Report a problem | ||
| 2/10/2010 | Sold | $45,000$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $150,900 |
| 2024 | $905 +1.7% | $150,900 |
| 2023 | $890 +10.7% | $150,900 +38.7% |
| 2022 | $804 +2.8% | $108,800 |
| 2021 | $782 +2.9% | $108,800 |
| 2020 | $761 | $108,800 +38.4% |
| 2019 | -- | $78,600 -22.6% |
| 2018 | $697 | $101,500 |
| 2016 | $697 | $101,500 |
| 2013 | $697 | $101,500 |
| 2012 | -- | $101,500 |
| 2011 | -- | $101,500 -2.9% |
| 2010 | -- | $104,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 28043
Nearby schools
GreatSchools rating
- 6/10Forrest W Hunt Elementary SchoolGrades: PK-5Distance: 2.3 mi
- 5/10Chase Middle SchoolGrades: 6-8Distance: 0.3 mi
- 6/10Chase High SchoolGrades: 9-12Distance: 1.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- North Carolina
- Rutherford County
- Forest City
- 28043
- 218 Lovelace Rd
Nearby cities
Nearby zip codes
Other Forest City Topics
