Five-Unit Multifamily
For Sale
$350,000
116 & 118 Webb Road, Shelby, NC 28152
Residential Income, Shelby, NC
Property SizeContact for details
Lot Size2.40 Acres
Days on Market550
Property Features for 116 & 118 Webb Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
AA0
Bedrooms
12
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 12, Bedroom 1, Bathroom 1, Bedroom 5, Bedroom 3, Laundry Room, Bedroom 7, Bedroom 2, Bedroom 9, Bedroom 10, Bathroom 4, Bathroom 2, Bathroom 5, Bedroom 4, Bedroom 11, Bedroom 8, Bedroom 6, Bathroom 3
Parking features
Driveway
Appliances
Electric Oven, Electric Range, ENERGY STAR Qualified Refrigerator
Elementary school
Unspecified
Middle school
Unspecified
High school
Unspecified
Standard status
Active
APN
32148
Lot size
2.40 Acres
Taxes and HOA fees
Tax Description
1.2 AC RD 1152
Legal Description
1.2 AC RD 1152
Utilities
Heating system
Heat Pump (Heating), Forced Air
Cooling system
Heat Pump
Building Details
Year built
1930
Number of units
5
Building materials
Aluminum, Vinyl
Listing Agency:
EXP Realty LLC
(888) 584-9431
Listed By:
Steven Honeycutt · License #312171
(704) 685-2718
Added: Feb 19, 2025
Changed: Aug 20
Last Checked: Aug 23 at 12:06AM
MLS# 4224629
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 multifamily property includes five occupied rental units: two site-built homes and three manufactured homes. The residences include a total of 12 bedrooms and five bathrooms, with laundry space, electric cooking appliances, forced-air and heat-pump heating, and heat-pump cooling. Driveway parking serves the property, which was built in 1930 and spans 2.4 acres.
County water and septic infrastructure are already in place. A rental manager oversees the units, providing established management for the current occupancy. The seller is also willing to consider dividing the holdings, including a potential sale of the manufactured homes together with the land beneath them.
County water and septic infrastructure are already in place. A rental manager oversees the units, providing established management for the current occupancy. The seller is also willing to consider dividing the holdings, including a potential sale of the manufactured homes together with the land beneath them.
Key Highlights
- Five occupied rental units: two site‑built homes and three manufactured homes
- 2.4‑acre multifamily property at 116 & 118 Webb Road
- 12 bedrooms and five bathrooms across the residences
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Explore this area
Business Placement
Demographics for 28152, NC
25,643
Population
11,134
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
90%
High-School Grad
79.5 sq mi
ZIP Area
323
Density / Sq Mi
$55,926
Median Household Income
$36,149
Median Earnings
$904
Median Rent
$188,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Occupied rental portfolio combining site-built and manufactured residences with on-site water and septic systems.
Where is this multifamily property located?
The property is located at 116 & 118 Webb Road Shelby, NC.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Five occupied rental units: two site‑built homes and three manufactured homes; 2.4‑acre multifamily property at 116 & 118 Webb Road; 12 bedrooms and five bathrooms across the residences
