Residential Income

Shelby, NC Residential Income Properties for Sale

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Renovated Six-Unit Apartment Property
Updated: Aug 6
Renovated Six-Unit Apartment Property

611 Borders Road, Shelby, NC 28150

$900,000
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
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Two-Bedroom Townhome
Updated: Oct 8
Two-Bedroom Townhome

118-1 Lattimore Street, Shelby, NC 28150

$225,000
0.14 AC lot
Two bedrooms and two bathrooms
0.14‑acre lot
Rear patio with a storage area
Whirlpool tub in the primary bathroom
Appliances include a dishwasher, electric range, microwave, refrigerator, and washer/dryer
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Corner Lot Two-Home Rental Property
Corner Lot Two-Home Rental Property

108 Fairview Street, Shelby, NC 28152

$458,000
0.77 AC lot

Corner lot with two parcels, each with a single-family home, supporting rental income and potential small-business use under B1 zoning.

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See hot listings in Shelby

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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

611 Borders Road, Shelby, NC 28150

$900,000
5,220 sqft

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

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Apartment Property on Acreage
Apartment Property on Acreage

125 Tanya Lane, Shelby, NC 28152

$425,000
5.00 AC lot

Central air and heat-pump systems serve the residential improvements.

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Two-Bedroom Townhome
Two-Bedroom Townhome

118-1 Lattimore Street, Shelby, NC 28150

$225,000
1,221 sqft

The residence includes a private rear patio with a dedicated storage area.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
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.

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Multifamily Property
Multifamily Property

125 Tanya Ln, Shelby, NC 28152

$425,000
980 sqft

Built in 1994, the property is located in Shelby.

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21-Lot Mobile Home Park Portfolio
21-Lot Mobile Home Park Portfolio

103 Rustling Wind Drive, Shelby, NC 28150

Contact for pricing

Two mobile home parks are offered together in a North Carolina portfolio.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 9 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.

Mobile Home and RV Park
Mobile Home and RV Park

114 Jason Drive, Blacksburg, SC 29702

$375,000
1.68 AC lot

The 1.68-acre community includes four homes, an RV or tiny-house hookup, and two storage buildings.

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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.

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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.

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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

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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.

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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.

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Wooded Residential Lot in Lawndale
Wooded Residential Lot in Lawndale

Lane Street, Lawndale, NC 28090

$59,000
5.24 AC lot

Over 5 acres of wooded land with city water available and septic approval required for development.

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Land in Cherryville, North Carolina
Land in Cherryville, North Carolina

LOT Black Rock School Road, Cherryville, NC 28021

$899,900
33.65 AC lot

Land for sale, suitable for builders and horse owners.

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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
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1657 Lafayette St
Multifamily properties

1657 Lafayette St, Shelby, NC 28150

Estimated value: by Request
10.00 AC lot
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Shelby, NC Residential Income Properties Market Trends and Statistics

Explore 12 residential income properties for sale in Shelby, NC, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 7,421 square feet of properties for sale, with an estimated market value of $3,848,000.

Sale prices for residential investment properties in Shelby, NC start at $225,000, averaging $481,000, and reaching up to $900,000 — 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 6
Apartment buildings 2
Mobile home & RV parks 2
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 $374K
28150 $653.3K

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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