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$150,000
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Property Description
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.
Full Property Details
Full Property Details for 512 W 2nd St
General
- Price: $150,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4370476
- Updated: 4/23/2026
- Added to Site: 17 day(s) ago
Interior
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Kitchen, In Unit, Utility Room
Parking
- Parking Features: Driveway, On Street
Location
- County: Gaston
Community
- Pets Allowed: Yes
- Pets: Yes
Heating & Cooling
- Cooling Type: Ductless, Other - See Remarks, None
- Heating Type: Ductless, Other - See Remarks, None
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Wood
- Square Feet: 1,854
- Year Built: 1947
Lot Features
- Street/Road Desc.: Gravel, Paved
- Rcmdd Zoning: R-1
Financial Considerations
- Terms: Cash, Conventional
- Tenant Pays: All Utilities
Disclosures and Reports
- Property ID: 130253
- Lot Number: 2723-205
Listed by EXP Realty LLC Mooresville
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Schools
Schools serving 512 W 2nd St
School District:Gaston County Schools
| Name | Grades | Distance |
|---|---|---|
William B Beam Intermediate School 401 East 1st Street, Cherryville, NC 28021 | 4-5 | 0.8 mi |
Cherryville Elementary School 700 East Academy Street, Cherryville, NC 28021 | PK-3 | 1 mi |
John Chavis Middle School 103 South Chavis Drive, Cherryville, NC 28021 | 6-8 | 0.8 mi |
Cherryville Senior High School 313 Ridge Avenue, Cherryville, NC 28021 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 512 W 2nd St
Date
Details
Price
Change
Source
4/16/2026
Listed
$150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 512 W 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,402
1%
$129,980
3%
2023
$1,388
40%
$126,340
72%
2021
$993
2%
$73,520
—
2022
$978
-2%
$73,520
—
2020
$993
35%
$73,520
33%
2017
$734
—
$55,175
—
2016
$734
—
$55,175
—
2015
$734
-23%
$55,175
-25%
2019
$956
29%
$73,520
32%
2013
$739
—
$55,535
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 512 W 2nd St
512 W 2nd Street, Cherryville, NC 28021 (MLS# 4370476) is a Single Family property with 3 bedrooms and 2 full bathrooms. 512 W 2nd Street is currently listed for $150,000 and was received on April 16, 2026. Want to learn more about 512 W 2nd Street? Do you have questions about finding other Single Family real estate for sale in Cherryville? You can browse all Cherryville real estate or contact a Coldwell Banker agent to request more information.

