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Active
  • $525,000

    907 W 5th Ave, Gastonia, NC 28052

    7beds
    3,830sqft
    : 
    $3,195/mo
    Get pre-qualified
    Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $137/sqft
    $-- HOA

    What's special

    • Exceptional 5-unit multifamily investment opportunity with value-add and organic rent growth potential. The property consists of 4 1-BR units and 1 3-BR unit. • All units were recently updated, the property is fully occupied, and rents are generally below market rates, positioning the property well for organic rent increases. • Rare opportunity to purchase a well-maintained property in close proximity to rapidly expanding FUSE District and Downtown Gastonia, one of the fastest growing cities in North Carolina and a major part of one of the fastest growing metropolitan areas in the nation (Charlotte MSA).
    212 days
    |
    181
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ari Firoozabadi carolina@greysteel.com,

    Greysteel North Carolina LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4334256MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven, Electric Range, Electric Water Heater, Refrigerator with Ice Maker
      • Laundry: In Unit
      Features
      • Has basement: No
      Interior area
      • Total structure area: 3,830
      • Total interior livable area: 3,830 sqft
      • Finished area above ground: 3,830
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      Lot
      • Size: 0.2 Acres
      Details
      • Parcel number: 107766
      • Zoning: RS-8
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl
      • Foundation: Crawl Space
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City

      Community & HOA

      Location
      • Region: Gastonia

      Financial & listing details

      • Price per square foot: $137/sqft
      • Tax assessed value: $348,710
      • Annual tax amount: $3,728
      • Date on market: 1/1/2026
      • Cumulative days on market: 280 days
      • Listing terms: Cash,Conventional,Exchange
      • Tenant pays: Cable TV, Electricity, Gas
      • Road surface type: Dirt, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,576/mo

        Price history

        DateEventPrice
        3/11/2026Listed for sale$525,000-9.5%$137/sqft
        Source: Canopy MLS as distributed by MLS GRID #4334256 Report a problem
        2/20/2026Listing removed$580,000$151/sqft
        Source: Canopy MLS as distributed by MLS GRID #4334256 Report a problem
        1/8/2026Listed for sale$580,000$151/sqft
        Source: Canopy MLS as distributed by MLS GRID #4334256 Report a problem
        12/8/2025Listing removed$580,000$151/sqft
        Source: Canopy MLS as distributed by MLS GRID #4283691 Report a problem
        11/6/2025Price change$580,000-3.3%$151/sqft
        Source: Canopy MLS as distributed by MLS GRID #4283691 Report a problem
        9/4/2025Price change$600,000-4%$157/sqft
        Source: Canopy MLS as distributed by MLS GRID #4283691 Report a problem
        7/23/2025Listed for sale$625,000$163/sqft
        Source: Canopy MLS as distributed by MLS GRID #4283691 Report a problem
        7/31/2024Listing removed$625,000$163/sqft
        Source: Canopy MLS as distributed by MLS GRID #4163050 Report a problem
        7/31/2024Price change$625,000-3.8%$163/sqft
        Source: Canopy MLS as distributed by MLS GRID #4163050 Report a problem
        7/19/2024Listed for sale$650,000+14.5%$170/sqft
        Source: Canopy MLS as distributed by MLS GRID #4163050 Report a problem
        7/19/2022Listing removed--
        Source: Canopy MLS as distributed by MLS GRID #3779293 Report a problem
        4/30/2022Pending sale$567,500$148/sqft
        Source: Canopy MLS as distributed by MLS GRID #3779293 Report a problem
        4/21/2022Price change$567,500-1.3%$148/sqft
        Source: Canopy MLS as distributed by MLS GRID #3779293 Report a problem
        4/13/2022Price change$575,000-1.7%$150/sqft
        Source: Canopy MLS as distributed by MLS GRID #3779293 Report a problem
        3/30/2022Price change$585,000-2.5%$153/sqft
        Source: Canopy MLS as distributed by MLS GRID #3779293 Report a problem
        3/10/2022Pending sale$600,000$157/sqft
        Source: Canopy MLS as distributed by MLS GRID #3779293 Report a problem
        3/9/2022Price change$600,000-3.2%$157/sqft
        Source: Canopy MLS as distributed by MLS GRID #3779293 Report a problem
        3/6/2022Price change$620,000-0.8%$162/sqft
        Source: Canopy MLS as distributed by MLS GRID #3779293 Report a problem
        2/18/2022Listed for sale$625,000+95.3%$163/sqft
        Source: Canopy MLS as distributed by MLS GRID #3779293 Report a problem
        6/17/2021Sold$320,000+433.3%$84/sqft
        Source: Public Record Report a problem
        7/23/2020Sold$60,000$16/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,728 $348,710
        2024$3,728 -1%$348,710
        2023$3,766 +218.6%$348,710 +292.3%
        2022$1,182 -1.5%$88,880
        2021$1,200 $88,880
        2020$1,200 -0.7%$88,880
        2019$1,209 +40.1%$88,880 +44.2%
        2018$863 $61,642
        2017$863 $61,642
        2016$863 $61,642 -11%
        2014$863 $69,284
        2012-- $69,284
        2011-- $69,284 +1.3%
        2010-- $68,404
        2009-- $68,404
        2008-- $68,404 +13.2%
        2007-- $60,430
        2006-- $60,430
        2005-- $60,430
        2004-- $60,430
        2003-- $60,430
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.

        Climate risks

        Neighborhood: Firestone

        Getting around

        40 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Pleasant Ridge
        • Middle: Yorkchester
        • High: Hunter Huss

        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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