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    Boiling Springs, NC Grover, NC Lawndale, NC Kingstown, NC Kings Mountain, NC Cherryville, NC Waco, NC Monroe, NC
    Multi-Family Rental Property
    Updated: Feb 19, 2025
    Multi-Family Rental Property

    116 & 118 Webb Road, Shelby, NC 28152

    $350,000
    2.40 AC lot
    Five rental units: two stick‑built homes and three manufactured homes
    All units are currently occupied
    County water and septic are already in place
    Rental manager is handling the properties
    Year built: 1930
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Shelby, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated 12-Unit Apartment Building
    Renovated 12-Unit Apartment Building

    664-666 S Liberty St, Spartanburg, SC 29306

    $1,250,000
    9,900 sqft

    Renovated 12-unit property in Spartanburg with General Residential R-6 zoning and strong occupancy history.

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    Three-Duplex Residential Income Property
    Three-Duplex Residential Income Property

    108 Bentwood Circle, Spartanburg, SC 29307-1

    $925,000
    2.29 AC lot

    Three separate duplexes offer six total units with 3-bedroom, 2-bathroom layouts in Spartanburg.

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    Full Brick 8-Plex Apartment Building
    Full Brick 8-Plex Apartment Building

    1655 Webb Street, Gastonia, NC 28052

    $1,045,000
    0.56 AC lot

    Full brick two-building 8-plex with uniform 2-bedroom units, laundry hookups, and wall heating and air in each unit.

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    Gastonia Commercial Opportunity: Four Parcels
    Gastonia Commercial Opportunity: Four Parcels

    312 W 2nd Avenue, Gastonia, NC 28052

    $3,000,000
    2.10 AC lot

    Four parcels near downtown Gastonia, suitable for apartments or car wash.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Off-Market Properties in Shelby, NC

    Consider similar Off-Market properties in Shelby, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3000 Drake Cir
    Multifamily properties

    3000 Drake Cir, Shelby, NC 28152

    Value Estimation by Request
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    Shelby, NC Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Shelby, NC on our real estate platform.

    Sale prices for two-family homes in Shelby, NC average $350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 54K
    Population Growth (5Y) +1.3%
    Median Household Income $54,533
    College Educated 44.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.21%
    Property Tax per SF $23.81 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cleveland County

    New Delisted

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