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Property view

230 Park Lane, 
Newton, NC 28658

$505,500


8

Beds


8

Baths


2,145

Sq Ft


Multi-Family

Sold

Listed by

Tyler Wilcox

Bought with Geena Fie

eXp Realty LLC. Mooresville

MLS#

4250486

Source:

CH

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About This Home

230 Park Lane

Quadplex Opportunity in Newton, NC – Fully Rented! Fantastic investment opportunity with this well-maintained quadplex in Newton, NC. Each unit offers 2 bedrooms and 1.5 bathrooms, providing an ideal layout for tenants. Several units feature new flooring, and some have been recently painted, giving parts of the property a fresh, updated feel. The building features a durable brick exterior on the lower level and low-maintenance vinyl siding on the upper level. All four units are currently rented at $1,000 per month each, with strong rental history and professional management already in place through Must Have Real Estate. Additional highlights include: • Ample parking for tenants • Great location convenient to local amenities • Solid construction with upside potential • Opportunity to raise rents for increased cash flow Whether you’re a seasoned investor or just starting your portfolio, this fully occupied quadplex offers immediate income with room for future growth.

Home Facts

Multi-Family

8 Baths

8 Bedrooms

Built in 1973

Price Summary

539,900

$251 per Sq. Ft.

MLS #:

4250486

Sold:

October 31, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

4

Interior

Living Area:

2,145 Sq. Ft.


Structure

Structure

Building Area:

2,145 Sq. Ft.

Year Built:

1973


Lot

Lot Size (Sq. Ft):

16,117


Finances & Disclosures

Finances

Price:

$539,900

Price per Sq. Ft:

$251 per Sq. Ft.

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