Investor opportunity with serious upside in the heart of Newton! Located at 722 E F St this complete fixer upper is a blank canvas ready for your vision and creativity. Whether you are looking to renovate flip or build long term value this property offers the kind of potential that is getting harder to find.
Situated on approximately 0.28 acres and being sold together with the adjoining 0.33 acre lot you get added space, flexibility and future possibilities for expansion redevelopment or even a second build. Opportunities with this much land and versatility are rare at this price point in this location.
The home does need significant repairs and is being sold AS IS, the price has been set accordingly making this an excellent value priced well below tax value for investors or buyers ready to take on a rewarding project. A portion of the adjoining lot does appear to be located in a flood fringe area so buyers should complete their due diligence.
Bring your vision and unlock the full potential this property has to offer. With the right improvements this could be a standout investment in a growing area. Don’t miss your chance to secure a property with this much potential at such a compelling price.
60 days
|
1,582
|
132
|
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Sammi SmithSammiSmith@kw.com,
Keller Williams Lake Norman
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4376354
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 3
Primary bedroom
Level: Main
Bedroom s
Level: Main
Bedroom s
Level: Main
Bathroom full
Level: Main
Kitchen
Level: Main
Living room
Level: Main
Heating
Heat Pump
Cooling
Central Air
Appliances
Included: None
Laundry: In Basement
Features
Flooring: Carpet, Tile, Wood
Basement: Exterior Entry,Interior Entry
Interior area
Total structure area: 1,022
Total interior livable area: 1,022 sqft
Finished area above ground: 1,022
Finished area below ground: 0
Property
Parking
Parking features: Other - See Remarks
Details: front yard or street parking
Features
Levels: One
Stories: 1
Lot
Size: 0.61 Acres
Features: Cleared, Flood Fringe Area, Sloped
Details
Additional parcels included: 374017202025
Parcel number: 3740172010480000
Zoning: R-20
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Brick Partial, Block
Roof: Composition
Condition
New construction: No
Year built: 1960
Utilities & green energy
Sewer: Public Sewer
Water: City
Community & HOA
Community
Subdivision: none
Location
Region: Newton
Financial & listing details
Price per square foot: $98/sqft
Tax assessed value: $146,400
Date on market: 5/12/2026
Cumulative days on market: 60 days
Listing terms: Cash
Road surface type: Dirt, Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,386/mo
Price history
Date
Event
Price
6/22/2026
Price change
$99,900-13.1%$98/sqft
Source: Canopy MLS as distributed by MLS GRID #4376354Report a problem
5/12/2026
Listed for sale
$115,000+461%$113/sqft
Source: Canopy MLS as distributed by MLS GRID #4376354Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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.