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Renovated Six-Unit Apartment Property
For Sale
$900,000

611 Borders Road, Shelby, NC 28150

Residential Income, Shelby, NC

Property SizeContact for details
Lot Size2.29 Acres
Days on Market50

Property Features for 611 Borders Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning AA1
Zoning description AA1
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 9, Bedroom 11, Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 7, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 12, Bedroom 2, Bedroom 4, Bedroom 8, Bathroom 6, Bedroom 10, Bathroom 5
Parking features Driveway
Pets allowed Yes
Appliances Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Elementary school Elizabeth
Middle school Shelby
High school Cleveland County Early College
Standard status Active
APN 21941
Lot size 2.29 Acres

Taxes and HOA fees

Tax Description 2.29AC BORDERS RD #2047
Legal Description 2.29AC BORDERS RD #2047

Utilities

Heating system Central
Cooling system Ceiling Fan(s), Central Air

Amenities

storage

Building Details

Year built 1978
Number of units 6
Building materials Brick Full
Listing Agency: Premier South
Listed By: Choon Kim · License #324123
Added: Aug 6 Changed: Sep 16 Last Checked: Sep 24 at 11:06AM
MLS# 4411873

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 apartment property comprises three full-brick duplex buildings with six total units. Each residence offers two bedrooms, one full bathroom, more than 850 square feet of living area, and dedicated storage. The units have been renovated and updated, with plumbing work completed and newer roofs installed in October 2020. Central heating, central air conditioning, and ceiling fans serve the residences, while appliances include refrigerators, electric ranges, electric ovens, dishwashers, and electric water heaters.

The property encompasses 2.29 acres at 611 Borders Road in Shelby, North Carolina, and is located next to the lake. Driveway parking is provided, and the zoning designation is AA1. The buildings were constructed in 1978.

Key Highlights

  • Six total units arranged in three duplex buildings
  • Each unit includes 2 bedrooms, 1 full bath, and more than 850 sqft
  • 2.29‑acre property next to the lake

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Law Firm Real Estate Agency HVAC Service Computer & Electronic Repair

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 28150, NC

28,517
Population
13,482
Households
2.1
Avg Household Size
44
Median Age
24%
College-Educated
90%
High-School Grad
109.5 sq mi
ZIP Area
260
Density / Sq Mi
$53,027
Median Household Income
$36,843
Median Earnings
$793
Median Rent
$195,600
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?
Apartment building - Three brick duplexes provide six renovated units with storage, central HVAC, and driveway parking.
Where is this apartment building located?
The property is located at 611 Borders Road Shelby, NC.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Six total units arranged in three duplex buildings; Each unit includes 2 bedrooms, 1 full bath, and more than 850 sqft; 2.29‑acre property next to the lake
More about this property
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