Closed

$189,000

218 Lovelace Rd, Forest City, NC 28043

6beds

3,248sqft

Triplex

Built in 1983

-- sqft lot

$190,300 Zestimate^®

$58/sqft

$1,291 Estimated rent

Home value

$190,300

$173,000 - $209,000

$1,291/mo

Zestimate^® history

Owner options

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$1,291/mo

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$1,291/mo

Rent Zestimate^®

Refinance and save

$1,194/mo

Est. payment

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$1,194/mo

Est. payment

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What's special

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.

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: $58/sqft
Tax assessed value: $150,900
Date on market: 3/26/2026
Cumulative days on market: 48 days
Tenant pays: All Utilities
Road surface type: Concrete, Paved

Price history

Date	Event	Price
6/26/2026	Sold	$189,000-7.8%$58/sqft
Source: Canopy MLS as distributed by MLS GRID #4360338 Report a problem
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