$100,000
2355 Myrtle Ave, Gastonia, NC 28052
1930 Single-Story 2BR on .19-Acre Lot — Ideal Investment
2 Bed · 1 Bath · 788 Sq Ft
Large lot, short commute to Charlotte — priced at $100,000
2
Beds
1
Baths
788
Sq Ft
1930
Built
0.19 acres
Lot
None (driveway parking)
Garage
About 2355 Myrtle Ave
This single-story home at 2355 Myrtle Ave presents a clear investment proposition: a compact, functional 2-bedroom, 1-bath layout in 788 square feet sitting on a larger-than-typical 0.19-acre lot. Built in 1930, the house retains a straightforward footprint ideal for a targeted renovation — fresh finishes, updated kitchen and bath, and mechanical refreshes would materially increase market appeal. The property includes central heat and air, a dedicated laundry room, and an electric range; parking is via driveway (no garage).
The lot is a standout feature for the price point — deep yard space provides room for an outdoor living area, storage building, or potential accessory structure subject to permitting. For investors, this creates multiple value-add paths: light rehab and rent, moderate rehab and resale to first-time buyers, or explore lot-based enhancements to increase net operating income.
Location is practical for both local tenants and commuters. Downtown Gastonia’s shops and restaurants are a short drive away, and regional connections to I-85 bring Charlotte within routine commuting distance. The immediate block contains several other investment and renovated properties, reflecting active buyer interest at this entry-level segment of the market.
Priced at $100,000, the offering is positioned to move quickly for buyers seeking a value-add opportunity. Bring contractors, bring creativity, and bring offers — this home rewards decisive buyers who can execute a targeted renovation or lease-up strategy.
Home Highlights
Property Features
Interior Features
- 2 bedrooms, 1 full bathroom
- 788 sqft single-level floorplan
- Central heating and central air conditioning
- Laundry room — interior laundry hookup
- Electric range in kitchen
Exterior & Lot
- Generous 0.19-acre (8,276 sqft) lot
- Driveway parking; no recorded garage
- Mature trees and ample rear-yard space
- Traditional 1930-era construction with renovation upside
Location & Neighborhood
- Short drive to Downtown Gastonia (local dining & services)
- Easy access to I-85 and regional commute routes
- Mixed owner-occupied and investor-owned neighborhood
- Proximity to local grocery and retail (minutes away)
Walkability & Recreation
- Walkability Rating: 45/100
- Nearby parks and neighborhood green spaces within a short drive
- Regional recreation and trails accessible in Gaston County
- Bike-friendly residential streets
Neighborhood & Location
The Myrtle Ave vicinity is a traditional residential pocket of Gastonia characterized by single-story and modest two-story homes dating from the early to mid-20th century. The neighborhood blends long-term homeowners and investors who have renovated several nearby properties. Residents appreciate the short drive to downtown Gastonia’s services and the relatively straightforward commute into the larger Charlotte area. Expect a practical neighborhood with local conveniences rather than high-density retail or heavy nightlife.
Market Insights
Gastonia sits inside the Charlotte MSA and offers more affordable entry points than the core city. In 2026 the local market shows modest appreciation (single-digit yearly increases) while demand remains strong at lower price tiers. Properties under $200k typically attract investors and first-time buyers, producing shorter marketing times when priced and presented well. Inventory in many Gastonia neighborhoods is lean; a renovated 2-bed in this price band can lease quickly or resell to local buyers. For buyers focused on yield, expected gross rents near $850–$1,050/month deliver attractive preliminary annual yields; for flippers, modest upgrades frequently return capital in this submarket. Confirm comps and scope with a local MLS search before finalizing acquisition strategy.
Nearby Schools
Gaston County Schools (verify assignment)
District · varies — confirm with district
Hunter Huss High School
High · ≈2-4 miles (approx.)
Walkability & Recreation
Neighborhood-level parks and green spaces are a short drive away; the lot offers private outdoor space for a garden or patio.
Investment Highlights
- Listed at **$100,000** — attractive entry price into Gastonia market
- Large lot for the neighborhood at **0.19 acres** offers expansion or ADU potential (subject to zoning)
- Short commute to Charlotte/I-85 corridor — appeals to investors and commuters
- 2-bedroom, 1-bath single-story (788 sqft): low-maintenance rental candidate
- Block shows activity from other investors — proven demand in the micro-market
Key Findings
- 2 beds, 1 bath, 788 sqft, built 1930 on 8,276 sqft lot (0.19 acres)
- Central heating and air present; laundry room and electric range recorded
- No garage; driveway parking only
- List price $100,000; AVM ~ $98,976; current price/sf ~ $127
- Located in Gastonia (Gaston County) within Charlotte MSA; favorable drive-time access
Things to Consider
- Age of property (1930) suggests deferred maintenance or systems nearing end-of-life
- Unconfirmed interior condition — cosmetic to structural issues possible; inspection recommended
- Zoning and permitted uses should be confirmed before any lot-split or accessory building plans
Opportunity Analysis
Buy at $100k, perform modest cosmetic and mechanical upgrades, then either convert to a long-term rental or list for resale to first-time buyers. Alternatively explore expansion or accessory building on the large lot to increase value.
Potential Use Scenarios
- Measure and quote a cosmetic rehab (kitchen, bath, flooring, paint) with a conservative budget target $15k–$30k to maximize ROI.
- For buy-and-hold: complete targeted updates, verify appliance and HVAC condition, and lease at estimated $900–$1,000/month.
- If pursuing redevelopment: confirm city zoning and setbacks prior to any plans for an ADU or accessory building.
Risk Factors
- Unexpected structural or mechanical issues common in homes of this vintage
- Local market sensitivity — resale value depends on condition and comparable renovations
- Potential permit or zoning limitations for expanding structures
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$85K
Midpoint
$100K
High
$115K
$126.9/SF estimated price per square foot
Estimate anchored to the listed price of $100,000 and AVM (~$98,976). Range assumes comparables in Gastonia 28052 with similar age and size; small home with large lot can command value adjustments. No live comps pulled — verify with local sales.
As of 2026-03-13
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Gastonia is part of the Charlotte MSA; growth is steady but more moderate than Charlotte proper. More affordable housing attracts investors and first-time buyers.
Nearby Points of Interest
- Downtown Gastonia (≈1-2 mi)
- I-85 / US-74 access (≈3-6 mi)
Close to downtown Gastonia amenities, local parks, and within a 20–30 minute drive of Charlotte. Grocery, schools, and light retail are within a few minutes' drive; several investment properties are active on the same block.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
Sale History
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