Duplex offering a solid opportunity for investors seeking rental income with value-add potential. Each unit features a 2 bedroom, 1 bathroom layout with separate living spaces.
One unit has been updated with two new mini-split HVAC systems, providing efficient heating and cooling. The second unit currently does not have heating and air, offering an opportunity for improvements and increased rental income.
Property includes a metal roof installed within the last few years, contributing to lower long-term maintenance.
Located in an established area of Cherryville with consistent rental demand. Comparable 2-bedroom units in the market typically lease in the $1,000/month range depending on condition and upgrades.
Ideal for investors looking to renovate, stabilize, and maximize cash flow.
Closed
$118,500
512 W 2nd St, Cherryville, NC 28021
3beds
1,854sqft
Duplex
Built in 1947
-- sqft lot
$-- Zestimate®
$64/sqft
$1,272 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,272/mo
Zestimate® history
Owner options
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$1,272/mo
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$1,272/mo
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$585/mo
Est. payment
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$585/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Stephen Pierce stephenpiercelkn@gmail.com,
EXP Realty LLC Mooresville
Bought with:
Lynne Henson
Rockin Realty Inc
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4370476
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 2
Heating
- Ductless, Other, None
Cooling
- Ductless, Other, None
Appliances
- Included: None
- Laundry: In Kitchen, In Unit, Utility Room
Features
- Has basement: No
Interior area
- Total structure area: 1,854
- Total interior livable area: 1,854 sqft
- Finished area above ground: 1,854
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Lot
- Size: 0.26 Acres
Details
- Parcel number: 130253
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Cherryville
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Sold | $118,500-21%$64/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4370476 Report a problem | ||
| 5/11/2026 | Contingent | $150,000$81/sqft |
Source: eXp Realty #4370476 Report a problem | ||
| 4/23/2026 | Listed for sale | $150,000$81/sqft |
Source: Canopy MLS as distributed by MLS GRID #4370476 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,402 +2.9% | $129,980 +2.9% |
| 2024 | $1,363 -1% | $126,340 |
| 2023 | $1,377 +40.8% | $126,340 +71.8% |
| 2022 | $978 -1.5% | $73,520 |
| 2021 | $993 | $73,520 |
| 2020 | $993 +3.8% | $73,520 |
| 2019 | $956 +30.2% | $73,520 +33.2% |
| 2018 | $734 | $55,175 |
| 2017 | $734 | $55,175 |
| 2016 | $734 | $55,175 -0.6% |
| 2014 | $734 | $55,535 |
| 2012 | -- | $55,535 |
| 2011 | -- | $55,535 |
| 2010 | -- | $55,535 |
| 2009 | -- | $55,535 |
| 2008 | -- | $55,535 -0.8% |
| 2007 | -- | $56,010 |
| 2006 | -- | $56,010 |
| 2005 | -- | $56,010 |
| 2004 | -- | $56,010 |
| 2003 | -- | $56,010 |
Find assessor info on the county website
Neighborhood: 28021
Nearby schools
GreatSchools rating
- 4/10William B Beam Intermediate SchoolGrades: 4-5Distance: 0.8 mi
- 7/10John Chavis Middle SchoolGrades: 6-8Distance: 0.8 mi
- 8/10Cherryville Senior High SchoolGrades: 9-12Distance: 0.9 mi
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- North Carolina
- Gaston County
- Cherryville
- 28021
- 512 W 2nd St
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