$864,900
$135K PRICE DROP

1218 W Highview Ln Lincolnton, NC 28092

Estimated payment $4,969/month

Total Views 11,864
18 Beds
-- Bath
5,675 Sq Ft
$152 Price per Sq Ft

Highlights

  • Covered patio or porch
  • Laundry Room
  • Central Air
  • Fireplace
  • Attached Carport
  • Ceiling Fan

About This Home

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!

Listing Agent

Lindsey Kendrick

EXP Realty LLC Ballantyne Brokerage Phone: 704-222-6683 License #319619 Listed on: 02/27/2025

EXP Realty LLC Ballantyne

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,811

Year Built

  • Built in 1956

Home Design

  • Pillar, Post or Pier Foundation
  • Vinyl Siding

Interior Spaces

  • 18 Bedrooms
  • 5,675 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Parking

  • Attached Carport
  • Driveway

Outdoor Features

  • Covered patio or porch

Schools

  • S. Ray Lowder Elementary School
  • Lincolnton Middle School
  • Lincolnton High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heat Pump System
  • Community Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • The owner pays for exterior maintenance, interior common lights, water
  • Assessor Parcel Number 51606

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,811

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Portfolio
  • Year Built: 1956
  • Road Surface Type: Asphalt, None, Paved
  • Geocode Confidence: High
  • Attribution Contact: 704-222-6683
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Pillar/Post/Pier
  • Fireplace: Yes
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Owner Pays: Exterior Maintenance, Interior Common Lights, Water
  • Above Grade Finished Sq Ft: 5675
  • Basement YN: No
  • Total Bedrooms: 18
  • Living Area: 5675

Exterior Features

  • New Construction: No
  • Construction Type: Manufactured,Site Built
  • Construction Type: Aluminum, Vinyl
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport, Driveway

Utilities

  • Heating: Heat Pump, Other - See Remarks
  • Sewer: Septic Installed
  • Laundry Features: Inside, Multiple Locations
  • Cooling: Ceiling Fan(s), Central Air, Window Unit(s)
  • Water Source: Community Well, Other - See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Lincolnton
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 9.85
  • Lot Size Units: Acres
  • Parcel Number: 51606
  • Additional Parcels Description: 51605, 51604
  • Zoning Specification: R-25

Rental Info

  • Tenant Pays: Electricity
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 13

MLS Schools

  • Elementary School: S. Ray Lowder
  • High School: Lincolnton

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,811 $255,813 $103,552 $152,261
2023 $1,727 $255,813 $103,552 $152,261
2022 $1,314 $153,711 $75,801 $77,910
2021 $1,314 $153,711 $75,801 $77,910
2020 $1,104 $161,218 $83,308 $77,910
2019 $1,104 $161,218 $83,308 $77,910
2018 $1,361 $166,207 $88,435 $77,772
2017 $1,230 $182,254 $104,482 $77,772
2016 $1,501 $222,435 $104,482 $117,953
2015 $1,643 $222,435 $104,482 $117,953
2014 $1,767 $243,064 $110,348 $132,716
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Price Changed $864,900 -3.9% $152 / Sq Ft
04/17/2025 04/17/25 Price Changed $899,900 -5.3% $159 / Sq Ft
03/24/2025 03/24/25 Price Changed $949,900 -5.0% $167 / Sq Ft
02/27/2025 02/27/25 For Sale $999,900 -- $176 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $95,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $150,000 Credit Line Revolving
Closed $100,000 Credit Line Revolving
Closed $130,000 Commercial
Previous Owner $183,000 New Conventional
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4222447

Canopy MLS (Canopy Realtor® Association)

APN: 51606