Fully occupied 4-unit investment property generating approximately $60,000+ in annual gross income.
The property consists of four units, all currently leased and providing immediate in-place cash flow. Recent capital improvements include a new roof, kitchen upgrades, and select unit renovations, reducing near-term capital expenditure needs. The most recently renovated unit is currently leased at $1,375, achieved during a softer leasing period, indicating potential for future rent growth as market conditions improve.
Strong rental demand in the area supports continued occupancy, with additional upside through rental optimization and improved operational efficiency. Ideal for investors seeking a stabilized asset with the ability to enhance returns over time.
Active
Price cut: $75K (6/1)
$775,000
405 W Harvie Ave, Gastonia, NC 28052
8beds
3,825sqft
Quadruplex
Built in 1955
-- sqft lot
$755,400 Zestimate®
$203/sqft
$-- HOA
What's special
Kitchen upgradesNew roofSelect unit renovations
- 157 days |
- 192 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Roshan Bhula roshan@bhulagroup.com,
Bhula Realty Group
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4358155
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Electric Oven, Electric Range
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Has basement: No
Interior area
- Total structure area: 3,825
- Total interior livable area: 3,825 sqft
- Finished area above ground: 3,825
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
- Details: Private lot, easement to neighboring property.
Features
- Stories: 1
Lot
- Size: 0.52 Acres
- Features: Corner Lot
Details
- Parcel number: 108442
- Zoning: APT01
- Special conditions: Subject to Lease,None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick Full
- Foundation: Crawl Space, Other - See Remarks
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Gastonia
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $311,720
- Date on market: 3/20/2026
- Cumulative days on market: 157 days
- Listing terms: Cash,Conventional,Exchange,FHA,VA Loan
- Tenant pays: All Except Water, All Utilities
- Road surface type: Concrete
Estimated market value
$755,400
$718,000 - $793,000
$1,188/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Price change | $775,000-8.8%$203/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4358155 Report a problem | ||
| 3/20/2026 | Listed for sale | $850,000+178.7%$222/sqft |
Source: Canopy MLS as distributed by MLS GRID #4358155 Report a problem | ||
| 3/5/2019 | Listing removed | $900 |
Source: Summit Properties International, LLC Report a problem | ||
| 3/4/2019 | Price change | $900+5.9% |
Source: Summit Properties International, LLC Report a problem | ||
| 2/1/2019 | Listed for rent | $850 |
Source: Summit Properties International, LLC Report a problem | ||
| 11/6/2017 | Sold | $305,000 |
Source:  Triad MLS #834325 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: York-Chester
Nearby schools
GreatSchools rating
- 2/10Sherwood Elementary SchoolGrades: PK-5Distance: 2 mi
- 6/10York Chester Middle SchoolGrades: 6-8Distance: 0.2 mi
- 2/10Hunter Huss High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Gastonia Central
- Middle: Yorkchester
- High: Ashley
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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A local agent can set up tours, give advice and negotiate with sellers.
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