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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Troutman, NC, we suggest exploring several alternatives: similar 4 Off-Market properties to explore as potential leads

    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

    Houston Rd

    Land • 39.61 Acres
    Value Estimation by Request
    0 Houston Rd, Troutman, NC 28166
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    860 Perry Rd

    860 Perry Rd

    Farms • 8.98 Acres
    Value Estimation by Request
    860 Perry Rd, Troutman, NC 28166
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    129 Shermill Ln

    129 Shermill Ln

    Farms • 13.42 Acres
    Value Estimation by Request
    129 Shermill Ln, Troutman, NC 28166
    View details
    Murdock Rd

    Murdock Rd

    Land • 14.12 Acres
    Value Estimation by Request
    0 Murdock Rd, Troutman, NC 28677
    View details

    Troutman, NC Residential Income Properties Investment Opportunities Market Analysis

    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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    Operating Costs & Financing

    Troutman property taxes are above the county average by 0.03 percentage points. Average Loan-to-Value is 65.0%.

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

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Troutman.

    Leading Commercial Asset Segments

    Single family properties 1

    Troutman Demographics Overview

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

    Top Neighborhoods for Investment

    Discover the areas of Troutman with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    28166 $30K - 15M $7.5M

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