Excellent investment opportunity featuring a total of six apartments comprised of one four-plex and one duplex. Each unit offers a desirable one level layout with 2 bedrooms, 1 full bath, and in-unit laundry. All units are currently occupied with long-term month to month renters, providing immediate and stable income. The property is serviced by city water and sewer and is topped with a durable metal roof for low-maintenance care. Situated in the front of a generous 8.54 acre tract, this property offers room for future potential while maintaining privacy. Each unit has its own meter for power which tenant pays. Investors welcome—a solid addition to any rental portfolio.
Closed
$515,000
3715 Panda Ln #1-6, Lenoir, NC 28645
12beds
4,536sqft
Multi Family
Built in 1982
-- sqft lot
$515,200 Zestimate®
$114/sqft
$1,301 Estimated rent
Home value
$515,200
$412,000 - $649,000
$1,301/mo
Zestimate® history
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$3,051/mo
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List your homeWhat's special
In-unit laundryOne level layout
Zillow last checked:
Listing updated:
Listed by:
Shelae Lewis shelaesellsforyou@gmail.com,
WNC Real Estate at Lake James
Bought with:
G Franco-Costales
EXP Realty LLC Mooresville
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4337958
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard
Cooling
- Wall Unit(s)
Appliances
- Included: Electric Range, Refrigerator
- Laundry: In Unit
Features
- Has basement: No
Interior area
- Total structure area: 4,536
- Total interior livable area: 4,536 sqft
- Finished area above ground: 4,536
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Stories: 1
Lot
- Size: 8.54 Acres
- Features: Level
Details
- Parcel number: 119114
- Zoning: RA-20
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Brick Full
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer, Septic Installed, Other - See Remarks
- Water: City
Community & HOA
Location
- Region: Lenoir
Financial & listing details
- Price per square foot: $114/sqft
- Tax assessed value: $373,900
- Date on market: 1/28/2026
- Cumulative days on market: 17 days
- Listing terms: Cash,Conventional
- Tenant pays: Cable TV, Electricity
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2026 | Sold | $515,000-20.8%$114/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4337958 Report a problem | ||
| 2/14/2026 | Pending sale | $650,000$143/sqft |
Source: Canopy MLS as distributed by MLS GRID #4337958 Report a problem | ||
| 1/28/2026 | Listed for sale | $650,000$143/sqft |
Source: Canopy MLS as distributed by MLS GRID #4337958 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 28645
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Nearby schools
GreatSchools rating
- 6/10Baton ElementaryGrades: PK-5Distance: 2 mi
- 5/10Gamewell MiddleGrades: 6-8Distance: 4.3 mi
- 2/10West Caldwell HighGrades: 9-12Distance: 4.6 mi
Schools provided by the listing agent
- Elementary: Baton
- Middle: Gamewell
- High: West Caldwell
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
$515,200
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
$515,200
- North Carolina
- Caldwell County
- Cajahs Mountain
- 28645
- 3715 Panda Ln Unit 1-6
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