230 Park Lane, Newton, NC 28658

Local realty services provided by:Better Homes and Gardens Real Estate Paracle
Listed by:tyler wilcox
Office:exp realty llc. mooresville
MLS#:4250486
Source:CH
230 Park Lane,Newton, NC 28658
$539,900
  • 8 Beds
  • 8 Baths
  • 2,145 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$539,900
  • Price per sq. ft.:$251.7

About this home

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.

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Home facts

  • Year built:1973
  • Listing ID #:4250486
  • Updated:September 28, 2025 at 01:16 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Full bathrooms:4
  • Half bathrooms:4
  • Living area:2,145 sq. ft.

Heating and cooling

  • Cooling:Heat Pump
  • Heating:Heat Pump

Structure and exterior

  • Year built:1973
  • Building area:2,145 sq. ft.
  • Lot area:0.37 Acres

Schools

  • High school:Newton Conover
  • Elementary school:South Newton

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$539,900
  • Price per sq. ft.:$251.7
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