Extremely unique investment opportunity awaits on W Highview Ln minutes from growing downtown Lincolnton!! This property includes 3 separate parcels (51604, 51605, 51606) which together are just shy of 10 acres. Zoned R-25 and a tiny portion of parcel 51606 is zoned GMC. Parcels will NOT be sold separately. There are 3 stick built homes that are currently rented, 3 stick built homes are vacant and in need of rehab. 2 mobile homes that are currently rented, and 5 mobile homes that are currently uninhabitable and likely would need to be removed which opens up the possibility for ground leasing for 4 of them or replacement. Homes are on a shared Community Well, aside from 1275 West Highview (the only home on its own parcel, 51605) which has its own well. There is also a city water tap available. All rents are below current market value. Only 1 has a written lease (trailer for $400). All others are verbal month to month. Please do not disturb tenants!
Active
Price cut: $50K (4/17)
$899,900
1218 W Highview Ln, Lincolnton, NC 28092
18beds
--baths
5,675sqft
Est.:
Multi Family
Built in 1956
-- sqft lot
$-- Zestimate®
$159/sqft
$-- HOA
What's special
In need of rehab
- 58 days
- on Zillow |
- 386 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: April 17, 2025 at 04:28pm
Listing Provided by:
Lindsey Kendrick 704-222-6683,
EXP Realty LLC Ballantyne
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4222447

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
Heating
- Heat Pump, Other
Cooling
- Ceiling Fan(s), Central Air, Window Unit(s)
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Laundry: Inside, Multiple Locations
Features
- Has basement: No
Interior area
- Total structure area: 5,675
- Total interior livable area: 5,675 sqft
- Finished area above ground: 5,675
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached Carport, Driveway
- Carport spaces: 1
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered, Front Porch
Lot
- Size: 9.85 Acres
Details
- Additional parcels included: 51605, 51604
- Parcel number: 51606
- Zoning: R-25
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum, Vinyl
- Foundation: Crawl Space, Pillar/Post/Pier
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Septic Installed
- Water: Community Well, Other - See Remarks
Community & HOA
Community
- Subdivision: None
Location
- Region: Lincolnton
Financial & listing details
- Price per square foot: $159/sqft
- Tax assessed value: $604,120
- Annual tax amount: $1,811
- Date on market: 2/27/2025
- Tenant pays: Electricity
- Road surface type: Asphalt, None, Paved
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