About This Home

This 3-bedroom, 2-bathroom single family at 450 Washington Street in Forest City, NC is listed for $240,000 ($235 per sqft). Built in 1983, the home offers 1,020 sqft of living space on a 4.85 acres lot.

Key Features

  • Built in 1983
  • 4.85 acre lot

Property Details

1 story
1 full, 1 half
1983

Amenities

A/C
Listing Description

Back on the Market Through No Fault of the Seller! Investor & Development Opportunity in Forest City!** Or make it your own home and enjoy 4.85 acres with a natural creek, privacy, and room to grow, all just five minutes from downtown. Renovate the existing home for potential rental income while exploring the possibilities for the additional acreage.

Zoned R-8 Residential, the property offers potential for additional homesites, subdivision, or duplex development. Features include city water, an existing septic system, road frontage, open and wooded areas, established paths, and a cleared entrance.

Whether you're an investor, builder, developer, or buyer looking for space and future possibilities, this property offers a unique opportunity to make the most of its land and location. Home is being sold AS IS. Buyer to verify development potential and all proposed uses with the appropriate agencies.

Monthly Cost Estimate

$1,284/mo

20% down · 6.5% · 30 years

Principal$174
Interest$1,040
Insurance$70

Estimates only. Actual payments may vary.

Location

450 Washington Street

Forest City, NC 28043

Features & Amenities

Exterior Features

Storage

Property Details

Flooring

LaminateLinoleumCarpet

Construction

Hardboard Siding

Parking

CarportDriveway

Heating

Heat Pump (Heating)

Cooling

Central Air

Appliances

OvenRefrigerator

Questions & Answers

This 3-bedroom, 2-bathroom single family at 450 Washington Street is listed at $240,000 ($235/sqft). The estimated monthly payment is $1,284 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1983, 4.85 acre lot. Exterior Features: Storage.

This property is listed by Tara Bayne.

TB

Tara Bayne

Agent at Beverly-Hanks & Associates

Listed by Beverly-Hanks & Associates · Broker phone: (828) 749-3504 · View on Broker Site · Broker website

MLS# 4374908· Source: Canopy MLS· 185 days on PropertySimple

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

450 Washington Street, Forest City, NC 28043

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