1009 Airline Ave - Multi-Family FOR SALE


Gastonia, NC 28054
$434,900 USD
704-616-0872
1009 Airline Ave, Gastonia, NC for Sale
$434,900 USD
Multi-Family - FOR SALE
1/6
null | Request Cap Rate

1009 Airline Ave
Gastonia, NC 28054


HIGHLIGHTS

  • Newly completed duplex offering immediate leasing potential in a strengthening Gastonia submarket
  • Modern 3-bedroom layouts with upscale kitchens and efficient all-electric systems
  • Prime location minutes from major highways for fast access to Charlotte and regional employment centers
  • Low-maintenance design supported by durable finishes and city-provided utilities
  • Certificate of Occupancy issued in 2026 providing confidence in quality and readiness

OVERVIEW

Positioned in one of Gastonia’s most accessible residential corridors, 1009 E Airline Street presents an exceptional newly constructed duplex opportunity tailored for investors seeking a stable, low-maintenance asset in a rapidly strengthening submarket. Completed in 2024 and situated within the RMF zoning district, the property delivers the advantageous combination of new-build quality, modern design, and immediate leasing potential. Each unit features a well-planned 3-bedroom, 2-bath layout with contemporary finishes, upscale kitchens, and total-electric systems, offering residents both comfort and efficiency. The property is ideally located just minutes from I-85 and Highways 29/74, providing seamless connectivity to Charlotte’s expanding employment basin, Gastonia’s revitalizing downtown, and the broader transportation network supporting the western Charlotte metro. This strategic location also places future tenants within convenient reach of shopping, schools, parks, and daily-needs amenities, increasing long-term demand and occupancy stability. With both units newly delivered and the Certificate of Occupancy issued by the City of Gastonia in January 2026, the property offers buyers a plug-and-play investment ready for immediate tenant placement. Durable vinyl plank flooring, off-frame modular construction, city water and sewer, central electric HVAC, and low-maintenance exterior systems further enhance operational efficiency. Owner responsibilities are limited to exterior maintenance and management, with tenants covering all utilities except water, supporting reliable NOI performance.

FOR SALE DETAILS

PRICE

$434,900 USD

PRICE/SF

$211 USD /SF

# OF UNITS

2

PRICE/UNIT

$217,450

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

RES

APN/PARCEL ID

314016

ASK ABOUT THIS PROPERTY

Carla HowellColdwell Banker Carver-Pressley RealtorsMore Info
704-616-0872

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Carla HowellColdwell Banker Carver-Pressley RealtorsMore Info
704-616-0872

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.