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    Shelby, NC
    Residential Income

    Shelby, NC Residential Income Properties for Sale

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    Found 6 residential income properties for sale in Shelby, NC, averaging $182/sq ft. Use valuation data to compare deals faster.
    Renovated Six-Unit Apartment Property
    Updated: Aug 6
    Renovated Six-Unit Apartment Property

    611 Borders Road, Shelby, NC 28150

    $950,000
    2.29 AC lot
    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
    Renovations and plumbing work completed; newer roofs installed 10/2020
    Full‑brick construction with storage for every unit
    View details
    Corner Lot Two-Home Rental Property
    Updated: Jun 8
    Corner Lot Two-Home Rental Property

    108 Fairview Street, Shelby, NC 28152

    $458,000
    0.77 AC lot
    Corner lot includes both parcels 2949 and 1053
    Each parcel has a single‑family home, providing potential rental income on two lots
    Combined lot size is roughly 0.76 acres
    Zoning R‑10 on the combined property
    Homes include public sewer and cable available
    View details
    Three-Unit Mobile Home Park
    Three-Unit Mobile Home Park

    2125 Riverside Road, Shelby, NC 28152

    $290,000
    3.27 AC lot

    Three singlewide homes occupy a 3.27-acre residential income property with individual septic systems and existing rentals.

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    See what stands out in Cleveland County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Renovated Duplex Portfolio
    Renovated Duplex Portfolio

    611 Borders Road, Shelby, NC 28150

    $950,000
    5,220 sqft

    Six updated residential units provide two bedrooms, one full bath, and storage near the lake.

    View details
    Mobile Home Park With Three Homes
    Mobile Home Park With Three Homes

    2125 Riverside Rd Unit 1, Shelby, NC 28152

    $290,000
    3.27 AC lot

    Three singlewide homes with individual septic systems and expansion subject to county approval.

    View details
    Commercial Lot on Dixon Boulevard
    Commercial Lot on Dixon Boulevard

    1609 E Dixon Boulevard, Shelby, NC 28150

    $160,000

    Commercial lot suitable for retail, offices, or multi-family use.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 6 Active listings in Shelby, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Residential Land with 3-Bed Home
    Residential Land with 3-Bed Home

    5139 E Dixon Boulevard, Kings Mountain, NC 28086

    $1,000,000
    18.14 AC lot

    Two-parcel residential property with a 3-bedroom, 2-bath home and highway frontage along Hwy 74.

    View details
    Mobile Home and RV Park
    Mobile Home and RV Park

    114 Jason Drive, Blacksburg, SC 29702

    $375,000
    1.68 AC lot

    Four homes, an RV hookup or tiny house pad, and two storage buildings occupy the established residential property.

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    Mobile Home and RV Park
    Mobile Home and RV Park

    114 Jason Drive, Blacksburg, SC 29702

    $375,000

    Four homes are complemented by one RV hookup/tiny-house pad and two on-site storage buildings.

    View details
    Kings Mountain Land Investment Opportunity
    Kings Mountain Land Investment Opportunity

    450 Dixon School Road, Kings Mountain, NC 28086

    $285,000
    1.75 AC lot

    Land near upcoming Catawba Two Kings Casino, Kings Mountain, NC

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land in Shelby, NC
    Land in Shelby, NC

    576-3 Winter Park Drive, Shelby, NC 28152

    $60,000
    3.32 AC lot

    3.32 acres of land for sale in Shelby, NC.

    View details
    Development Land Near Gardner-Webb University
    Development Land Near Gardner-Webb University

    125 Flint Hill Church Road, Shelby, NC 28152

    $799,000
    23.68 AC lot

    23.68 acres ideal for residential or student housing development.

    View details
    Wooded Land Near I-85
    Wooded Land Near I-85

    Moda Road, Blacksburg, SC 29702

    $50,000
    4.81 AC lot

    4.81 acres of wooded land near I-85.

    View details
    Residential Land in Gaffney, SC
    Residential Land in Gaffney, SC

    305, Gaffney, SC 29340

    $34,900
    1.51 AC lot

    1.51 acre lot for single-family residential use.

    View details

    Off-Market Properties in Shelby, NC

    Consider similar Off-Market properties in Shelby, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3000 Drake Cir
    Multifamily properties

    3000 Drake Cir, Shelby, NC 28152

    Estimated value:
    by Request
    View details
    1657 Lafayette St
    Multifamily properties

    1657 Lafayette St, Shelby, NC 28150

    Estimated value:
    by Request
    10.00 AC lot
    View details
    Lattimore Rd
    Land

    0 Lattimore Rd, Shelby, NC 28150

    Estimated value:
    by Request
    99.68 AC lot
    View details

    Shelby, NC Residential Income Properties Market Trends and Statistics

    Explore 9 residential income properties for sale in Shelby, NC, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 5,220 square feet of properties for sale, with an estimated market value of $3,098,000.

    Sale prices for residential income properties in Shelby, NC start at $160,000, averaging $516,333, and reaching up to $950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 5
    Mobile home & RV parks 2
    Apartment buildings 1
    Duplexes 1
    Single family properties 1

    Demographics Overview

    Population 54K
    Population Growth (5Y) +1.3%
    Median Household Income $54,533
    College Educated 44.5%

    High-Yield Neighborhoods for Investment

    Identify Shelby submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28152 $366K
    28150 $627.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.21%
    Property Tax per SF $23.81 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cleveland County

    New Delisted

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    Most Searched ZIP Codes in Shelby, NC

    • 28150
    • 28152

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