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Triplex with Vintage Details
For Sale
$269,000

403 S Race Street, Statesville, NC 28677

Three leased one-bedroom units retain original character while offering central air and convenient access to downtown amenities.

Property Size2,736 SF
Days on Market43

Property Features for 403 S Race Street

General Information

Standard status Active
Size 2,736 SF
Property subtype Residential Income

Property Condition

Severity Minor
Evidence Non-functional fireplace

Units

Unit Mix 3 x 1BR/1BA
Multifamily Units 3

Amenities

12 ft ceilings
hardwood floors
central air

Building Details

Building Size 2,736 SF
Year Built 1896
Units 3
Listing Agency: EXP Realty LLC Mooresville
Listed By: Shawn Eckles · License #299072
Source: Techrealtyllc
Added: Jul 9 Changed: Aug 18 Last Checked: Aug 19 at 3:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC Mooresville

Investment Insights

Based on property information with market context.

Built in 1896, this triplex contains three one-bedroom, one-bathroom units created through a late-1990s conversion of a single home. The property retains period character with 12-foot ceilings, hardwood floors, and vintage architectural details. Central air serves the units, while a non-functional fireplace remains as an existing feature.

The property is located at 403 S Race Street in Statesville, near historic Downtown Statesville and local restaurants. Consistent tenants and an established rental history provide documented operating context for the three-unit configuration. The unit layout offers a straightforward residential income property with one bedroom and one bathroom in each unit.

Key Highlights

  • Three 1BR/1BA units created in a late‑1990s conversion
  • 12 ft ceilings and hardwood floors retain historic character
  • Central air serves the property

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Tech Support Center Skin Care Clinic Storage Facility Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

951
Businesses Nearby

Demographics for 28677, NC

35,926
Population
16,096
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
85%
High-School Grad
83.0 sq mi
ZIP Area
433
Density / Sq Mi
$59,081
Median Household Income
$34,684
Median Earnings
$861
Median Rent
$207,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three leased one-bedroom units retain original character while offering central air and convenient access to downtown amenities.
Where is this triplex located?
The property is located at 403 S Race Street Statesville, NC.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Three 1BR/1BA units created in a late‑1990s conversion; 12 ft ceilings and hardwood floors retain historic character; Central air serves the property
More about this property
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