Newton NC Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
1,765
Status:
NEW LISTING
Beds:
7
Lot size:
1 Acres
Year built:
1978
Baths:
5.00
MLS#:
4198922

ADDITIONAL INFORMATION

Incredible investment opportunity. This property has 2 duplexes. Building #1 has 2 units. The Upper unit is 3BR/2BA and at one time was divided into 2 units. It can easily be converted back to 2 units (all plumbing is still intact). The basement unit offers 2BR/1BA. Building #2 offers 2 units. Both are 1BR/1BA and the utility room is on the back decks. The lower unit has a screened in covered deck. Location is exceptional! Tenant occupied. Please do not disturb tenants.

Type:
Duplex
Sq.Ft.:
2,000
Status:
Active
Beds:
6
Year built:
1967
Baths:
2.00
MLS#:
4164402

ADDITIONAL INFORMATION

Updated DUPLEX in Newton--Great investment opportunity! Replacement windows. Unit on main lvl (800 St. James Church Rd) and unit on lower lvl (1109 Sunset Street)...2 addresses b/c of corner lot. Each unit offers 3BRs/1BTH. The main lvl has laminate floors & tile "wood look" flooring; the lower lvl has all tile "wood look" flooring. All electric(Duke Energy), NO gas...water, sewer, & trash are thru the City of Newton. Tenants pay ALL utilities. Owner pays yard maintenance. Refrigerator & electric range stay with units. All other appliances belong to tenants; TVs & brackets belong to tenants. Window units(in main lvl unit) are secondary due to tenants preference(belong to tenants). Main level unit pays $1046.42/month (leased thru April 30, 2025). Lower level unit pays $1058.79/month (leased thru January 31, 2025). Currently leased & new owner must honor leases...Currently Scarlett Properties manages this duplex. Solar farm nearby. CALL TODAY!

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Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Newton Real Estate

The median home value in Newton, NC is $237,000. This is lower than the county median home value of $254,900. The national median home value is $338,100. The average price of homes sold in Newton, NC is $237,000. Approximately 60.73% of Newton homes are owned, compared to 31.63% rented, while 7.64% are vacant. Newton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newton real estate agent to arrange a tour today!

Newton, North Carolina has a population of 13,081. Newton is less family-centric than the surrounding county with 18.17% of the households containing married families with children. The county average for households married with children is 26.83%.

The median household income in Newton, North Carolina is $55,391. The median household income for the surrounding county is $57,840 compared to the national median of $69,021. The median age of people living in Newton is 44.1 years.

Newton Weather

The average high temperature in July is 87.8 degrees, with an average low temperature in January of 27.3 degrees. The average rainfall is approximately 45.6 inches per year, with 3.8 inches of snow per year.

Newton Real Estate Market Conditions

  • Median sales price

    $237,000
    24% change since last quarter
  • # Active listings

    147
    30-day change

Newton Schools and Demographics

Education near Newton, NC

Metric City County
High School Graduates 87.52 86.5
College Degree - 2 year 13.24 12.31
College Degree - 4 year 22.11 24
Graduate Degree 4.76 5.12
Expenditures per Student 10,003 10,003
Students per Teacher 15.1 15.1

Elementary Schools near Newton, NC

School Grades Students P/T Ratio ZIP
Balls Creek Elementary School PK - 06 612 15.8 28658
Blackburn Elementary School KG - 06 693 16.7 28658
Charles H Tuttle Elementary School KG - 06 518 16.8 28650
Claremont Elementary School PK - 06 404 14.7 28610
Longview Elementary School PK - 05 436 17.4 28602
Lyle Creek Elementary School KG - 06 533 14.2 28613
Maiden Elementary School KG - 06 518 14.8 28650
Mountain View Elementary School PK - 06 785 16.9 28602
North Newton Elementary KG - 05 489 16.5 28658
Oxford Elementary School PK - 06 633 15.8 28610
Saint Stephens Elementary KG - 06 756 14 28613
Shuford Elementary School KG - 05 540 17.7 28613
South Newton Elementary School KG - 05 356 16.7 28658
Southwest Elementary School PK - 05 322 13.7 28602
Startown Elementary School PK - 06 535 14.9 28658

Middle Schools near Newton, NC

School Grades Students P/T Ratio ZIP
Grandview Middle School 06 - 08 436 14.7 28602
Jacobs Fork Middle School 07 - 08 505 16.6 28658
Maiden Middle School 07 - 08 489 17.2 28650
Mill Creek Middle School 07 - 08 497 17.6 28610
Newton-Conover Middle School 06 - 08 681 17.3 28613
River Bend Middle School 07 - 08 510 15.9 28610

High Schools near Newton, NC

School Grades Students P/T Ratio ZIP
Bunker Hill High School 09 - 12 936 16.3 28610
Challenger Early College High School 09 - 13 368 26.3 28602
Discovery High School 09 - 12 224 16.9 28658
Fred T Foard High School 09 - 12 1,025 17.1 28658
Maiden High School 09 - 12 877 16.3 28650
Newton-Conover High School 09 - 12 811 15.1 28658

Ungraded Schools near Newton, NC

School Grades Students P/T Ratio ZIP
Conover Special Education PK - 13 125 7.2 28613

Demographics near Newton, NC

Metric City County
Neighborhood Type Suburban
Population 13,081 159,852
Population Density 950 398
Median Age 44.1 41.7
People per Household 2.4 2.5
Median Household Income 55,391 57,840
Average Income per Capita 26,994 30,972