Fantastic Investment Opportunity – Stabilized 11-Unit Apartment Building with Development Potential
Whether you're expanding your rental portfolio or just getting started, this stabilized 11-unit apartment building offers strong potential. Located at 1903 E Ozark Ave (apartment address: 1909 E Ozark Ave), the property features ten 1-bedroom/1-bath units and one 2-bed/1-bath unit (Unit 3).
Significant renovations were completed in 2022, including: Electrical upgrades, new heating units, interior updates (fresh paint, new flooring, and cabinetry). Exterior improvements (new board & batten siding, fascia, soffits, gutters, doors, and downspouts).
Units 6, 8, and 9 have been fully remodeled.
Additionally, the site includes three more addresses on the parcel —1903, 1905, and 1907 E Ozark Ave. According to the City of Gastonia Planning Department, these parcels are suitable for future multifamily or mixed-use development, offering added value and long-term growth potential.
Active
$1,300,000
1909 E Ozark Ave, Gastonia, NC 28054
12beds
7,626sqft
Est.:
Condominium
Built in 1935
-- sqft lot
$1,219,400 Zestimate®
$170/sqft
$-- HOA
What's special
- 41 days
- on Zillow |
- 407 |
- 21 |
Zillow last checked: 7 hours ago
Listing updated: June 03, 2025 at 01:00pm
Listing Provided by:
Curtis Waters curtis.waters@RERCharlotte.com,
Real Estate Realty LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4240796

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 11
- Full bathrooms: 11
Heating
- Ductless, Electric, Heat Pump, Natural Gas
Cooling
- Ductless, Window Unit(s)
Appliances
- Included: Electric Range, Refrigerator
- Laundry: None
Features
- Has basement: No
Interior area
- Total structure area: 7,626
- Total interior livable area: 7,626 sqft
- Finished area above ground: 7,626
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Parking Lot
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 0.63 Acres
- Features: Level
Details
- Parcel number: 307183
- Zoning: C-3
- Special conditions: Subject to Lease
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Condominium
Materials
- Wood
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: none
Location
- Region: Gastonia
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $551,630
- Annual tax amount: $5,897
- Date on market: 4/30/2025
- Listing terms: Cash,Conventional
- Exclusions: tenant owned appliances
- Tenant pays: All Except Water, Cable TV, Electricity
- Road surface type: Asphalt, Paved
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