450 Washington Street
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$250,900
Community: Forest City in Rutherford County
Investor and development opportunity in Forest City! This offering includes an existing 3-bedroom, 1.5-bath home on 1.06 acres plus an adjoining 3.79-acre parcel, totaling approximately 4.85 acres. Renovate the existing home for rental income while exploring the additional acreage for future residential development. Zoned R-8 Residential, with potential for additional homesites, subdivision, or duplex development, subject to required evaluations and approvals. The property offers city water, an existing septic system, road frontage, open areas, wooded privacy, established paths, a cleared entrance, and a natural flowing creek. Conveniently located just minutes from downtown Forest City, this is a compelling opportunity for builders, developers, and investors seeking an income-producing property with room for future growth. Buyer to verify development capacity, and all proposed uses with the appropriate agencies.
Presented by:
Tara Bayne at Howard Hanna Beverly-Hanks
Listed by:
Howard Hanna Beverly-Hanks
Attribution: [email protected]
Tara Bayne at Howard Hanna Beverly-Hanks
Listed by:
Howard Hanna Beverly-Hanks
Attribution: [email protected]
Original Listing Price:
274,900
MLS #: 4374908
Listing Status: Pending
Days on Market: 136
Buying Firm Commission: Test
Based on information submitted to the MLS GRID as of 2026-09-30 at 3:45AM. 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.
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Map
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Directions: From I-74, take US-221 S toward Forest City. Turn right onto W Main St, then right onto Washington St. Property will be on the right. From downtown Forest City, take W Main St to Washington St. Continue approximately 1 mile to 450 Washington St. Property will be on the right. Look for sign.
Disclaimer: The map service includes search results such as listings and related information provided by third parties. Walnut Cove Realty makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.
Property Features
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Water: City
Year Built: 1983
Subdivision: None
Community Features: None
Exterior Features: Storage
Heating/Cooling: Heat Pump
Style: Traditional
Basement/Foundation: Crawl Space
Roof: Composition
Cooling: Central Air
Sewer: Septic Installed
Floors: Carpet,Laminate,Linoleum
Garage/Carport: Attached Carport,Driveway
Lot Description: Cleared,Flood Fringe Area,Green Area,Level,Private,Creek/Stream,Wooded,Other - See Remarks
Mortgage Calculator
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Schools
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- High School: East Rutherford
- Middle School: East Rutherford
- Elementary School: Forest City-Dunbar