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208 S Myrtle School Rd, Gastonia, NC, 28052

4beds
3baths
1,109sqft
$220,000
$198price/sqft
$1,594/moest. monthly cost
$63,760/yrincome needed

About This Home

Investor & Development Opportunity on Nearly Half an Acre in Gastonia! Situated on a high-visibility corridor, this 1917-built property presents a unique opportunity for investors, builders, or buyers seeking a value-add project with multiple potential exit strategies. The existing home offers a solid structure with over 2,300 square feet, ready for a full renovation or repositioning. Given its location and layout, the property may be best suited for redevelopment, investment, or alternative use rather than a traditional primary residence. The nearly 0.5-acre lot provides additional upside, with potential for subdivision or redevelopment (buyer to verify with local municipality). The site’s proximity to commercial activity and major thoroughfares may also present future rezoning or mixed-use possibilities. Positioned just minutes from downtown Gastonia, with convenient access to Charlotte, this property sits in an area experiencing ongoing growth and revitalization. Ideal for: • Investors seeking a full renovation project • Builders exploring infill or small-scale development • Buyers evaluating potential commercial or mixed-use opportunities Properties with this combination of lot size, location, and flexibility are increasingly difficult to find at this price point. Priced for redevelopment or repositioning, this property represents one of the more compelling value-add opportunities currently available in the area Sold as-is. Buyer to verify all potential uses, zoning, and subdivision possibilities.

Getting Around

48
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

1/10
Southwest Middle SchoolGrades 6-82.0 mi
2/10
Hunter Huss High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1917

Materials

  • Construction materials: Wood

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Other
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main

Features

  • Flooring: Carpet,Wood
  • Fireplace features: Living Room
  • Finished area below ground: 0
  • Finished area above ground: 1,109

Heating & Cooling

  • Heating features: Central,Space Heater
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,109
  • Total interior livable area: 1,109 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Office

  • Level: Main

Primary Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 106883
  • Zoning: R2
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Front Porch

Lot

  • Lot size: 0.52 Acres
  • Features: Corner Lot,Wooded

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Ice Storm
Lightning
Strong Wind
Tornado

FEMA Declared Disasters in Gaston County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,112$13,344
Home Insurance *$94$1,128
Property Taxes $188$2,256
Electricity $200$2,405
Total$1,594$19,128
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$54,651/yr
40% on housing$47,820/yr
45% on housing$42,506/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.2%
16.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$198This listing

vs Other Active Listings

Avg $/sqft

ZIP 28052$123
Gaston County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 28052$192
Gaston County$187

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-09Price change$220,000
2026-03-25Listed for sale$185,000
2026-01-27Listing removed$250,000
2025-10-21Listed for sale$250,000

For Sale by Agent

AgentKristen Bernard
BrokerageKeller Williams South Park

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