230 Park Ln Newton, NC 28658
Property details
About 230 Park Ln
Quadplex Opportunity in Newton, NC – Fully Rented! Fantastic investment opportunity with this well-maintained quadplex in Newton, NC. Each unit offers 2 bedrooms and 1.5 bathrooms, providing an ideal layout for tenants. Several units feature new flooring, and some have been recently painted, giving parts of the property a fresh, updated feel. The building features a durable brick exterior on the lower level and low-maintenance vinyl siding on the upper level. All four units are currently rented at $1,000 per month each, with strong rental history and professional management already in place through Must Have Real Estate. Additional highlights include: • Ample parking for tenants • Great location convenient to local amenities • Solid construction with upside potential • Opportunity to raise rents for increased cash flow Whether you’re a seasoned investor or just starting your portfolio, this fully occupied quadplex offers immediate income with room for future growth.
Highlights
Summary
- Partial Bathrooms: 4
- Full Bathrooms: 4
- Appliances: Dishwasher, Oven, Refrigerator
- Total Bedroom Count: 8
- Parking: Parking Space(s)
- Heating: Heat Pump
- Cooling: Heat Pump
- List Price: $559,900
- Price/SqFt: $261
- Annual Tax Amount: $2,957
- Tax Year: 2024
- Year Built: 1973
- Living Area: 2,145 SqFt
- MLS Number: 4250486
- Office Name: EXP Realty LLC Mooresville
- Office Email: Tyler@MustHaveRealEstate.com
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Last updated on: 4/29/2025, 5:21:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$559,900
230 Park Ln
$6,649
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 12, 2024 | Home Sold | $490,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $348,500 | $2,957 |
| 2023 | $348,500 | $2,957 |
| 2022 | $160,300 | $1,787 |
| 2021 | $160,300 | $1,787 |
| 2020 | $160,300 | $1,787 |
History based on county public records data.
Nearby schools
3
South Newton Elementary School
Public District KG-5
0.7 mi
•306 W I St
6
Startown Elementary School
Public District KG-6
2.7 mi
•4119 Startown Rd
7
North Newton Elementary School
Public District KG-5
3.0 mi
•221 W 26th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,000. The majority of Newton, NC residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Extreme Sports
NASCAR
Figure Skating
Where do the neighbors shop?
Academy Sports & Outdoors
Dollar General
Kmart
Where do the neighbors go to eat?
Little Caesars
Cracker Barrel
Bob Evans
What do the neighbors drive?
Chevrolet
Ram
Buick
What do the neighbors listen to?
Country- Classic Country
Oldies
This home is located at 230 Park Ln in Newton, NC and zip code 28658. This 2,145 square foot home was built in 1973. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $559,900.
In March 2025 more than 2 listings in Newton, NC were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 17 were sold below. In March 2025 in Newton, NC there were 2.9% more homes for sale than in February. The median list price of listings available in March 2025 was $249,133, while the average time on the real estate market was 49 days.