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Triplex with Hardwood Floors
For Sale
$269,000

403 S Race St, Statesville, NC 28677

Three one-bedroom units feature central air, 12-foot ceilings, hardwood floors, and vintage architectural details.

Property Size2,736 SF
Price / SF$98.32
Days on Market81

Property Features for 403 S Race St

General Information

Standard status Active
Size 2,736 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence Non-functional fireplace

Units

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

Amenities

central air

Building Details

Year Built 1896
Listing Agency: EXP Realty LLC Mooresville
Listed By: Shawn Eckles · License #299072
Source: Highperformancerea
Added: Jul 27 Changed: Oct 11 Last Checked: Oct 13 at 2:05AM

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 2,736-square-foot residential income property contains three one-bedroom, one-bathroom units. The building was converted from a single home in the late 1990s and retains vintage details, hardwood floors, and 12-foot ceilings. Central air serves the property, while a fireplace remains non-functional.

Located at 403 S Race St in Statesville, the triplex is minutes from historic Downtown Statesville and local restaurants. The property has consistent tenancy and an established rental history, providing a three-unit configuration for an income-focused buyer.

Key Highlights

  • Three 1BR/1BA units within a 2,736‑square‑foot building
  • Built in 1896 and converted into three units in the late 1990s
  • 12 ft ceilings, hardwood floors, and vintage architectural details

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Skin Care Clinic Tech Support Center 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Three one-bedroom units feature central air, 12-foot ceilings, hardwood floors, and vintage architectural details.
Where is this triplex located?
The property is located at 403 S Race St 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 within a 2,736‑square‑foot building; Built in 1896 and converted into three units in the late 1990s; 12 ft ceilings, hardwood floors, and vintage architectural details
More about this property
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