411 W Ballard St, Cherryville, NC 28021
Single-Family Home (2?bd / 1?ba) · 852?sq?ft · Built 1930 · Lot: 0.44?Acres · Zoning: R-1 · Subdivision: Rhyne Houser Mfg Company · Asking: $89,000 · ARV: $235,000
This solid 1930-built bungalow sits on a nearly half-acre lot in the heart of Cherryville. With its classic layout, it’s a strong candidate for a cosmetic rehab, flip, or rental rehab. Public utilities are available — need verification for city water and sewer hook-up.
Property Highlights:
2 bedrooms / 1 bathroom, 852?sq?ft living area
Lot ~0.44 acres — spacious grounds
Zoned R-1, suitable for single-family use per Gaston County standards
Built in 1930, vintage appeal
Asking price: $89,000
City utilities nearby (water/sewer availability needs verification)
Nearby Schools:
William B. Beam Intermediate (grades 4–5) — ~0.9 mi
John Chavis Middle School (grades 6–8) — ~0.6 mi
Cherryville Senior High School (grades 9–12) — ~1.2 mi
Financial Overview:
Asking Price: $89,000
ARV (After Repair Value): $235,000
Property Specs & Condition:
Lot Size: 0.44 acres
Zoning: R-1 (single-family residential – lot size requirement tied to public utilities)
Utilities: Public water and sewer likely available; BUYER TO VERIFY
Comparable Sales in Area:
401 W Ballard St – Sold for $248,000 on February?4,?2025 (3bd/2ba)
304 W Ballard St – Sold for $216,000 (2bd)
415 W Ballard St – Sold for $300,000 on October?23,?2024 (3bd/2ba)
426 W Ballard St – Sold for $162,000 on December?18,?2024 (2bd/1ba)
Bottom Line:
At only $89,000, this 2-bed/1-bath bungalow on 0.44 acres offers tremendous upside potential. With strong comps in the $216K–300K range and access to utilities in an R-1 zone, it's positioned for a high-ROI flip or long-term rental hold. The ARV of $235K leaves ample margin even after renovation costs. Utilities and zoning are favorable, subject to final verification.