218 Lovelace Rd

3,248 Sq. Ft.
$63 / Sq. Ft.
3,248
Sq. Ft.
$63
per Sq. Ft.

Description

Great investment opportunity! This triplex features three spacious units, each offering 2 bedrooms and 1.5 baths. Ideal for investors or owner occupants looking to generate rental income. Two of the three units are currently tenant occupied.Great investment opportunity! This triplex features three spacious units, each offering 2 bedrooms and 1.5 baths. Ideal for investors or owner occupants looking to generate rental income. Two of the three units are currently tenant occupied.
  1. Listed by Jaime Harrill • Hometown Real Estate • jharrill@hometownrealestate.com

Property Details for 218 Lovelace Road

Parking Features
Parking Lot
Subdivision Name
None
LISTING UPDATED: 03/27/2026 05:02 AM

Property Details for 218 Lovelace Road

StatusActive
MLS #4360338
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1983
Lot Size0.62 AC / 27,007 SF
CountyRutherford County

Location

Listing Courtesy of Hometown Real Estate
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Building Information for 218 Lovelace Road

Stories-Residences-Year Built1983Building Size-Lot Size0.62 AC / 27,007 SF

Payment Calculator

$1,125 per month

30 year fixed, 6.11% Interest

Principal and Interest

$994

Property Taxes

$131

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 218 Lovelace Road

Summary
Location and General Information
  • Longitude: -81.840201
  • Latitude: 35.270039
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $150,900.00
  • Parcel Number: 914113
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 3248.0
  • Below Grade Finished Area: 0.0
  • Sq Ft Other: 1624.0
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource YN: Yes
  • New Construction YN: No
  • Photos Count: 11
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Septic Installed
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl
  • Pool Private YN: No
  • Road Surface Type: Concrete, Paved
Interior Features
  • Appliances: Electric Oven
  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Laundry Features: Other - See Remarks
  • Foundation Details: Permanent
  • Basement YN: No
Multi Family
Multi-Family Information
  • Unit Type: 2 Bedroom
  • Number Of Units Total: 3
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Pets Allowed: No

Property History for 218 Lovelace Road

DateEvent & SourcePriceAppreciation
Mar 26, 2026

Listed (Active)

CANOPY #4360338

$204,900
Jul 15, 2019

Closed (Public Record)

Public Record #648636608

$120,000

+11.0% / yr

Feb 10, 2010

Closed (Public Record)

Public Record #302424830

$45,000
DateEvent & SourcePrice
03/26/2026

Listed (Active)

CANOPY #4360338

$204,900
07/15/2019

Closed (Public Record)

Public Record #648636608

$120,000

+11.0% / yr

02/10/2010

Closed (Public Record)

Public Record #302424830

$45,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 218 Lovelace Road

Taxable ValueLand$10,000Additions$140,900Total$150,900
Tax Record2025$1,571 ($131 / month)
Home Facts
Beds6Baths4.5Total Finished SqFt3,248 SqFtAbove Grade Finished SqFt1,624 SqFtFinished Basement SqFt1,624 SqFtStories1Lot Size27,007 SqFtStyleSingle Family ResidenceYear Built1983CountyRUTHERFORDAPN914113

Schools near 218 Lovelace Road

This home is within Rutherford County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Forrest W Hunt Elementary School
PublicPK to 5

Chase Middle School
Public6 to 8

Chase High School
Public9 to 12

Rutherford Opportunity Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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218 Lovelace Road is a multi-family home for sale in Forest City, NC 28043. This property was listed for sale on March 26, 2026 by Hometown Real Estate, it's currently listed at $204,900. It has been on the market for a total of 1 days and was last sold on July 15, 2019. This listing's school district is Rutherford County School District. Nearby schools include Forrest W Hunt Elementary School, Chase Middle School and Chase High School. 218 Lovelace Road is a 6-bed, 6-bath, 3,248 sqft multi-family home built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hometown Real Estate

Based on information submitted to the MLS GRID as of 03/27/2026 05:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.