Troutman, NC
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    Troutman, NC Residential Income Properties for Sale

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    Statesville, NC Mooresville, NC Catawba, NC
    5.9 Acres Investment Opportunity
    $699,900
    5.90 Acres
    5.9 Acres Investment Opportunity

    116 Lipe Road, Troutman, NC 28166

    5.9-acre property with income-producing homes and commercial growth potential.
    • Immediate cash flow from two income‑producing homes.
    • 5.9 acres with Neighborhood Business (NB) zoning allowing for residential or future commercial/mixed‑use development.
    • Located 1 mile from I‑77, providing convenient highway access.
    • Value‑add opportunity to renovate existing homes and increase rents.
    • Existing well and septic systems in place.
    Updated: Apr 30
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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Troutman, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

    Vacant Duplex Income Property
    $275,000
    0.31 Acres
    Vacant Duplex Income Property

    Vacant duplex with two distinct residential units and a fenced backyard, suited to owner-occupants or investors.

    322 Salisbury Road, Statesville, NC 28677

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    New Construction Duplex Investment Opportunity
    $519,800
    0.44 Acres
    New Construction Duplex Investment Opportunity

    New construction duplex in Mooresville designed for cash flow.

    West Park Avenue lot: 3, Mooresville, NC 28115

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    Unique Mooresville Live/Work Opportunity
    $475,000
    0.02 Acres
    Unique Mooresville Live/Work Opportunity

    Three-story mixed-use building with commercial and residential units.

    132 Market Place Avenue, Mooresville, NC 28117

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    Statesville Duplex Investment Opportunity
    $274,999
    0.19 Acres
    Statesville Duplex Investment Opportunity

    Duplex in Statesville with two units, currently leased.

    537 & 539 Broadway Court, Statesville, NC 28677

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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.

    Troutman Land Subdivision Opportunity
    $7,500,000
    49.88 Acres
    Troutman Land Subdivision Opportunity

    Exclusive gated community development opportunity in Troutman, North Carolina.

    228 Fern Hill Road, Troutman, NC 28166

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    Residential Land in Established Neighborhood
    $75,000
    0.80 Acres
    Residential Land in Established Neighborhood

    Residential land centrally located near Charlotte, Hickory, Winston Salem.

    111 Sheep Path Drive, Mooresville, NC 28115

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    Cleared Land in Troutman, NC
    $659,999
    8.01 Acres
    Cleared Land in Troutman, NC

    8.01 acres of cleared land suitable for development.

    433 Lockhard Circle, Troutman, NC 28166

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    Wooded Lot Near Lake Norman
    $182,500
    0.60 Acres
    Wooded Lot Near Lake Norman

    Serene wooded lot near Lake Norman, ideal for building.

    L4 Marietta Road, Mooresville, NC 28117

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    Off-Market Properties in Troutman, NC

    Consider similar Off-Market properties in Troutman, 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.

    Houston Rd
    Land
    Lot: 39.61 Acres
    Value Estimation by Request
    Houston Rd

    0 Houston Rd, Troutman, NC 28166

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    860 Perry Rd
    Farms
    Lot: 8.98 Acres
    Value Estimation by Request

    860 Perry Rd, Troutman, NC 28166

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    129 Shermill Ln
    Farms
    Lot: 13.42 Acres
    Value Estimation by Request

    129 Shermill Ln, Troutman, NC 28166

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    Murdock Rd
    Land
    Lot: 14.12 Acres
    Value Estimation by Request
    Murdock Rd

    0 Murdock Rd, Troutman, NC 28677

    View details

    Troutman, NC Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Troutman, NC on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $699,900.

    Sale prices for residential income properties in Troutman, NC start at $699,900, averaging $699,900, and reaching up to $699,900 — 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

    Single family properties 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) +17.2%
    Median Household Income $85,107
    College Educated 32.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    28166 $699.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.01%
    Property Tax per SF $22.11 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Iredell County

    New Delisted

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