This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$2,000,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
This is a completely renovated building that offers 17 units just a couple blocks from downtown Rutherfordton. There are biking/walking trails between downtown and the complex offering a lovely setting for tenants. All units have 1 bedroom and 1 full bath and laundry hook ups inside. The complex has been easy to rent and our property management firm would love to stay on board with the new owner. Each unit currently leases for $995 month. Each tenant pays their own power bill. Tenants pay $50 month for water, trash and sewer. This is an easy add to your portfolio as things are running well in the complex and everything was just renovated.
Full Property Details
Full Property Details for 198 Cowan St
General
- Sold For: $2,000,000
- Status: Closed
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4329997
- Added to Site: 98 day(s) ago
Interior
- Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 17
- Full Bathrooms: 17
Bedrooms
- Total Bedrooms: 17
Other Rooms
- Laundry: Laundry Room, Main Level
Parking
- Parking Features: Parking Lot, Parking Space(s)
Location
- County: Rutherford
Community
- Pets: Yes, Conditional, Breed Restrictions
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Ductless
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Other - See Remarks
Structural Information
- Construction: Site Built
- Exterior Const.: Hardboard Siding
- Roof: Rubber
- Square Feet: 10,216
- Year Built: 1984
Lot Features
- Street/Road Desc.: Asphalt, Paved
Financial Considerations
- Tenant Pays: Electricity, Internet, Trash Collection, Water, Other
Disclosures and Reports
- Special Conditions: Subject to Lease, None
- Restrictions: Other - See Remarks
- Property ID: 1203720
- Lot Number: 2041/1588
Listed by House In Order, LLC
Sold by Canopy Administration
Get Pre-Approved Today
Schools
Schools serving 198 Cowan St
School District:Rutherford County Schools
| Name | Grades | Distance |
|---|---|---|
Rutherfordton Elementary School 201 Bob Hardin Road, Rutherfordton, NC 28139 | PK-5 | 2.6 mi |
R-S Middle School 607 Westbrook Drive, Rutherfordton, NC 28139 | 6-8 | 2 mi |
R-S Central High School 641 U.S. 221, Rutherfordton, NC 28139 | 9-12 | 2.5 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 198 Cowan St
Date
Details
Price
Change
Source
3/11/2026
Sold
$2,000,000
-9.09%
MLS
12/17/2025
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
198 Cowan Street, Rutherfordton, NC 28139 (MLS# 4329997) is a Single Family property that was sold at $2,000,000 on March 11, 2026. Want to learn more about 198 Cowan Street? Do you have questions about finding other Single Family real estate for sale in Rutherfordton? You can browse all Rutherfordton real estate or contact a Coldwell Banker agent to request more information.

