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    Renovated Six-Unit Apartment Property
    Updated: Aug 6
    Renovated Six-Unit Apartment Property

    611 Borders Road, Shelby, NC 28150

    $950,000
    2.29 AC lot
    Six total units arranged in three duplex buildings
    Each unit includes 2 bedrooms, 1 full bath, and more than 850 sqft
    2.29‑acre property next to the lake
    Renovations and plumbing work completed; newer roofs installed 10/2020
    Full‑brick construction with storage for every unit
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    See what stands out in Cleveland County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 6 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

    Opportunities in Nearby Cities

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

    Brick Eight-Unit Apartment Property
    Brick Eight-Unit Apartment Property

    1655 Webb St, Gastonia, NC 28052

    $1,045,000
    2,610 sqft

    Two brick buildings offer individually maintained apartments with laundry hookups and wall-mounted heating and air conditioning.

    View details
    Brick 8-Unit Apartment Property
    Brick 8-Unit Apartment Property

    1655 Webb Street, Gastonia, NC 28052

    $1,045,000
    0.56 AC lot

    Ranch-style apartments feature individual kitchens, laundry hookups, and wall-unit heating and cooling.

    View details
    Five-Door Apartment Property
    Five-Door Apartment Property

    300 Taylor Road, Stanley, NC 28164

    $698,500
    1.09 AC lot

    Two full-brick duplexes and a manufactured home create a varied residential rental configuration.

    View details
    30-Unit Apartment Building
    30-Unit Apartment Building

    101 Fieldcrest Pl, Stanley, NC 28164

    Contact for pricing

    Multifamily property with established in-place cash flow and assumable agency debt.

    View details

    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

    Estimated value:
    by Request
    View details

    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 $950,000 — 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%

    High-Yield Neighborhoods for Investment

    Identify Shelby submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28150 $950K

    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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