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1616 W Fifth Avenue, Gastonia, NC 28052

Gaston County

Key Facts

12Beds
12Baths
8,880Sq Ft
1976Year Built

Description

All major capex needs has been completed with recent improvements that include a full roof replacement (2023), upgraded parking lot, and brand-new window AC units (2024) across the community. Washer and dryer connections were also added in all units.Just minutes away from Gastonia’s historic downtown, which is transforming into a mixed-use lifestyle hub, anchored by the FUSE and Social District, which includes a multi-purpose stadium, retail, breweries, and restaurants boosting neighborhood desirability and long-term rent growth potential.

Property Information

Property Type

Residential Income

Sub-Type

Apartment

Year Built

1976

Living Area

8,880 sq ft

Zoning

APT01

Days on Market

22

MLS® Listing#

4310928

Property Features

Appliances

Electric OvenElectric Water HeaterRefrigerator

Cooling

Window Unit(s)

Heating

Electric

Basement

Apartment

Laundry

Electric Dryer HookupWasher Hookup

Construction

Brick

Foundation

Slab

Sewer

Public Sewer

Schools

Elementary:
Unspecified
Middle:
Unspecified
High:
Unspecified

Financial Details

HOA

None

Assessed Value

$603,530

Parcel Number

108421

Affordability Calculator

$250,000

Estimated monthly payment

$6,653/mo

Principal $1,000,000 · Est. interest $1,395,089 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Gastonia, NC

$332,143
Median Listing Price
69
Median Days on Market
1,822
Median Sq Ft
$186
Median Price / Sq Ft
535
Active Listings
  • This home’s price is 276% above the area median.
  • Its price per sq ft is 24% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Gastonia, NC.

Location

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Points of Interest in Gastonia, NC

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
1204 Iva Avenue, Gastonia, NC$997,000227,022
712-714 Evening Shade Lane, Gastonia, NC$1,040,000125,300
1655 Webb Street, Gastonia, NC$1,045,000162,610

Moving Cost Estimate

EXIT Agents in Gastonia

Carolina MLS  (Charlotte) logo

Listing Courtesy: K Chase & Company LLC - kyle@kchase.com

Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.

Last Updated: 2025-10-09

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CanopyMLS. MLS® Listing#4310928. © 2026EXIT Realty®. All rights reserved.