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Statesville Income Property Portfolio

142 & 146 Delaware Road Statesville, NC 28625

142 & 146 Delaware Road, Statesville, NC, 28625
$300,000
For Sale
Claim this Listing
$300,000

MULTI_FAMILY - Statesville, NC

Lot Size1.40 Acres
AddedMay 6
Days on Market72
Last RefreshJul 16 at 4:06 am

Property Features for 142 & 146 Delaware Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RA
Bedrooms
7
Bathrooms
3
Rooms
Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 7
Parking features
Driveway
Pets allowed
Call
Appliances
Electric Range, Refrigerator
Standard status
Active
APN
4715-30-1884.000
Lot size
1.40 Acres

Taxes and HOA fees

Tax Description
L10 WEST RIDGE PH 2 PB 23-41&41A

Utilities

Heating system
Central
Cooling system
Central Air
Water source
Well

Building Details

Year built
1989
Number of units
3
Building materials
Vinyl
Roof type
Metal

Listing agent Jennifer Stafford

Listing office EXP Realty LLC Mooresville 106 Langtree Village Dr Suite 301, Mooresville, NC

Listing date May 6, 2026

MLS# 4375747 Listing URL

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.


Investment Insights

Based on property information with market context.

This is an investment opportunity to acquire a package of three income-producing properties located in West Statesville. The portfolio includes 142 Delaware Rd, featuring two bedrooms and one bathroom; 146 Delaware Rd, also with two bedrooms and one bathroom; and 117 Westridge Dr, which has three bedrooms and one bathroom. All three properties are being sold together as a single portfolio. The properties are currently generating a gross monthly income of $1,500, with a rental history spanning over seven years and a strong payment record. Each property is situated on a roughly 0.5-acre flat lot. Each home has its own septic system, and all are connected to county water. Additionally, there is a well at 146 Delaware Rd. New metal roofs have been installed on all three properties within the last three years. The HVAC system at 146 Delaware Rd is approximately 6-7 years old, while the HVAC system at 142 Delaware Rd is approximately 10-12 years old. This offering presents an opportunity to acquire multiple units with land, existing income, and potential for future rent growth. The properties are tenant-occupied on month-to-month leases.

Key Highlights

  • Income‑producing package: Three properties sold as one portfolio.
  • Existing rental income: Currently generating $1,500/month gross income.
  • Large lots: Each property sits on a roughly 0.5‑acre flat lot.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three income-producing properties in Statesville, generating $1,500/month gross income.
Where is this triplex located?
The property is located at 142 & 146 Delaware Road Statesville, NC.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Income‑producing package: Three properties sold as one portfolio.; Existing rental income: Currently generating $1,500/month gross income.; Large lots: Each property sits on a roughly 0.5‑acre flat lot.
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