Apartment Building

Shelby, NC Apartment Buildings for Sale

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

611 Borders Road, Shelby, NC 28150

$900,000
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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Apartment Property on Acreage
Updated: Oct 1
Apartment Property on Acreage

125 Tanya Lane, Shelby, NC 28152

$425,000
5.00 AC lot
5‑acre parcel in Shelby, NC
Built in 1994
Aluminum exterior with metal roof
Vinyl and carpet flooring
Central air conditioning and heat‑pump heating
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See hot listings in Shelby

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 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.

5-Unit Apartment Building
5-Unit Apartment Building

810 S Dalton Street, Gastonia, NC 28052

$885,000
0.52 AC lot

Each residence received HVAC and bathroom improvements in 2023, with space arranged for side-by-side laundry machines.

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8-Unit Brick Apartment Property
8-Unit Brick Apartment Property

1655 Webb Street, Gastonia, NC 28052

$1,045,000
0.56 AC lot

Two buildings contain matching two-bedroom apartments with laundry hookups and individual wall-mounted heating and cooling units.

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5-Unit Multifamily Property
5-Unit Multifamily Property

300 Taylor Road, Stanley, NC 28164

$698,500
1.09 AC lot

The five-door configuration combines two duplexes with a manufactured home on a 1.09-acre parcel.

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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.

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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

Estimated value: by Request
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Shelby, NC Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Shelby, NC on our real estate platform.

Sale prices for apartment complexes in Shelby, NC start at $425,000, averaging $662,500, and reaching up to $900,000 — 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 $900K

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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