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    1617 Red Rd Shelby, NC 28150

    For Sale
    $120,000

    MULTI_FAMILY - Shelby, NC

    Lot size:
    0.59 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 1617 Red Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 1
    Bedrooms
    4
    APN
    2538
    Parking features
    Driveway
    Pets allowed
    Yes
    Appliances
    Electric Oven, Electric Water Heater, Refrigerator
    Lot size
    0.59 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1980
    Number of units
    2
    Building materials
    Vinyl

    Prudential Carolinas Realty CLC Realty (704) 830-2166 [email protected]

    Listing agent Joe Herring (704) 813-0501

    Listing date Oct 8, 2025

    MLS# 4308989 Listing URL

    Copyright © 2025 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.

    Overview

    Duplex in Shelby, North Carolina

    This duplex is located just outside the city limits of Shelby, North Carolina, situated in a "country setting" on over half an acre. Each unit features an eat-in kitchen, living room, two bedrooms, one full bathroom, and a storage unit for tenant use. Unit A is currently vacant and ready for updates or a new tenant. Unit B is occupied by a tenant of approximately 4 years who is willing to stay, providing instant income. This property presents an opportunity for updates to increase rental value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Building Supply Wholesale Shop Furniture Store Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelby
    County
    Cleveland
    State
    North Carolina
    Longitude
    -81.595023
    Latitude
    35.23413

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    FAQs

    What type of property is this?
    Duplex - Duplex on over half an acre, great investment opportunity.
    Where is this duplex located?
    The property is located at 1617 Red Rd Shelby, NC.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Duplex offers immediate income potential with a tenant already in place (Unit B).; - Vacant unit (Unit A) allows for immediate updates or new tenant placement.; - Located on over half an acre in a 'country setting' close to town.
    (704) 813-0501
    Request Owner's contact information
    1617 Red Rd Shelby, NC 28150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1617 Red Rd Shelby, NC 28150
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