$1,000,000
About this home
Exceptional opportunity to own a newly constructed 5-unit multifamily property in Downtown Newton, just 20 minutes from Hickory and less than an hour from Charlotte. Ideal for investors seeking a quality, low-maintenance asset. Each unit offers an open floor plan with modern finishes, quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and two dedicated parking spaces. Built on mono-slab foundations, these homes are designed for durability and reduced maintenance. With all major systems brand new and backed by builder warranties, owners can enjoy added peace of mind. Tenants are responsible for utilities and routine expenses within their units, helping simplify ownership and management. Conveniently located near shopping, dining, employers, and major commuter routes, this property is positioned to attract long-term tenant demand.
Highlights
Property details
- MLS
- Canopy MLS
- MLS #
- CAR4407560
- Property type
- Fiveplex
- Subdivision
- N/A
- Status
- Active
- Days on market
- 69
- On market date
- July 25, 2026
- Stories
- N/A
- Total bathrooms
- 7.5
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 451
- Student:teacher ratio
- 14.1:1
- District
- Newton Conover City Schools
- Enrollment
- 633
- Student:teacher ratio
- 16.2:1
- District
- Newton Conover City Schools
- Enrollment
- 210
- Student:teacher ratio
- 23.3:1
- District
- Newton Conover City Schools
Walkability
Blended score for Newton's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Newton, from live MLS data.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 21 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.