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198 Cowan Street, 
Rutherfordton, NC 28139

$2,200,000

17

Beds

17

Baths

10,216

Sq Ft

Multi-Family

Pending

Listed by

Aaron Kraft

House In Order, LLC.

Last updated:

January 2, 2026, 08:26 AM

MLS#

4329997

Source:

CH

About This Home

198 Cowan Street

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.

Home Facts

Multi-Family

17 Baths

17 Bedrooms

Built in 1984

Price Summary

2,200,000

$215 per Sq. Ft.

MLS #:

4329997

Last Updated:

January 2, 2026, 08:26 AM

Rooms & Interior

Bedrooms

Total Bedrooms:

17

Bathrooms

Total Bathrooms:

17

Full Bathrooms:

17

Interior

Living Area:

10,216 Sq. Ft.

Structure

Structure

Building Area:

10,216 Sq. Ft.

Year Built:

1984

Lot

Lot Size (Sq. Ft):

38,768

Finances & Disclosures

Finances

Price:

$2,200,000

Price per Sq. Ft:

$215 per Sq. Ft.

MLS Logo
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.