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$580,000
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Property Description
"¢ 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).
Full Property Details
Full Property Details for 907 W 5th Ave
General
- Price: $580,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4334256
- Updated: 1/8/2026
- Added to Site: 18 day(s) ago
Interior
- Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator with Ice Maker
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Laundry: In Unit
Parking
- Parking Features: Driveway
Location
- County: Gaston
School Information
- Elementary School: Pleasant Ridge
- Middle School: Yorkchester
- High School: Hunter Huss
Community
- Pets Allowed: Yes
- Pets: Conditional
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Vinyl
- Square Feet: 3,830
- Year Built: 1920
Lot Features
- Street/Road Desc.: Dirt, Paved
Financial Considerations
- Terms: Cash, Conventional, Exchange
- Tenant Pays: Cable TV, Electricity, Gas, Internet
Disclosures and Reports
- Property ID: 107766
- Lot Number: 5238 0759
Listed by Greysteel North Carolina LLC
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Schools
Schools serving 907 W 5th Ave
School District:Gaston County Schools
| Name | Grades | Distance |
|---|---|---|
Pleasant Ridge Elementary School 1260 Floyd Lane, Gastonia, NC 28052 | PK-5 | 0.7 mi |
York Chester Middle School 601 South Clay Street, Gastonia, NC 28052 | 6-8 | 0.2 mi |
Hunter Huss High School 1518 Edgefield Avenue, Gastonia, NC 28052 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 907 W 5th Ave
Date
Details
Price
Change
Source
1/01/2026
Listed
$580,000
81.25%
MLS
6/16/2021
Sold
$320,000
—
Public Record
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 907 W 5th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,728
—
$348,710
—
2024
$3,728
-1%
$348,710
—
2023
$3,766
53%
$348,710
292%
2022
$2,464
105%
$88,880
—
2021
$1,200
—
$88,880
—
2020
$1,200
39%
$88,880
44%
2017
$863
-29%
$61,642
-56%
2019
$1,209
40%
$141,500
130%
2016
$863
—
$61,642
—
2015
$863
-11%
$61,642
-11%
2013
$970
—
$69,284
—
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 907 W 5th Ave
907 W 5th Avenue, Gastonia, NC 28052 (MLS# 4334256) is a Single Family property with 7 bedrooms and 5 full bathrooms. 907 W 5th Avenue is currently listed for $580,000 and was received on January 01, 2026. Want to learn more about 907 W 5th Avenue? Do you have questions about finding other Single Family real estate for sale in Gastonia? You can browse all Gastonia real estate or contact a Coldwell Banker agent to request more information.

