Sold
Last Sold Price
6 beds3,248 sqft$58/sqft
218 Lovelace Rd, Forest City, NC 28043
Multi FamilyProperty Type
0.62 acresLot Size
1983Year Built
$58/sq ftPrice 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.
  • Listed by: • Hometown Real Estate jharrill@hometownrealestate.com
Listing closed: 06/26/2026 12:00 AM • Source: CANOPY, MLS#: 4360338

Location

Listing Courtesy of Hometown Real Estate
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Payment Calculator

$1,108 per month

30 year fixed, 6.71% Interest

Principal and Interest

$977

Property Taxes

$131

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 218 Lovelace Road

Property Details
  • MLS Type: Residential Income / Triplex
  • Parking Features: Parking Lot
  • Subdivision Name: None
Building Information
  • Year Built: 1983
  • Lot Size: 0.62 AC / 27,007 SF
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
Jun 26, 2026

Closed (Public Record)

Public Record #1943811351

$189,000

+6.8% / yr

Jun 26, 2026

Closed

CANOPY #4360338

$189,000
May 22, 2026

Under Contract-Show

CANOPY #4360338

DateEvent & SourcePrice
06/26/2026

Closed (Public Record)

Public Record #1943811351

$189,000

+6.8% / yr

06/26/2026

Closed

CANOPY #4360338

$189,000
05/22/2026

Under Contract-Show

CANOPY #4360338

For completeness, we 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
Beds2Baths2.5Total Finished SqFt3,248 SqFtAbove Grade Finished SqFt1,624 SqFtFinished Basement SqFt1,624 SqFtStories1Lot Size27,007 SqFtStyleSingle Family ResidenceYear Built1955Year Renovated1955CountyRUTHERFORDAPN914113

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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 06/26/2026 05:37 PM. 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.