Investor Opportunity in Shelby, NC! This unique property features five rental units—two stick-built homes and three manufactured homes—all currently occupied, generating steady income. County water and septic are already in place, and a rental manager is handling the properties.
The seller is open to splitting the property, offering the option to purchase only the manufactured homes and the land they sit on. Don't miss out on this flexible investment opportunity!
Active
$350,000
116 & 118 Webb Rd, Shelby, NC 28152
12beds
5baths
--sqft
Est.:
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 325 days |
- 1,081 |
- 63 |
Zillow last checked: 8 hours ago
Listing updated: October 28, 2025 at 11:31am
Listing Provided by:
Steven Honeycutt honeycuttjsh@gmail.com,
EXP Realty LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4224629
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 5
Heating
- Forced Air, Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Electric Oven, Electric Range, ENERGY STAR Qualified Refrigerator
- Laundry: Main Level
Features
- Has basement: No
Interior area
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Lot
- Size: 2.65 Acres
Details
- Additional parcels included: 32149
- Parcel number: 32148
- Zoning: AA0
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum, Vinyl
- Foundation: Crawl Space, Permanent, Other - See Remarks
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Septic Installed
- Water: County Water
Community & HOA
Location
- Region: Shelby
Financial & listing details
- Tax assessed value: $61,170
- Date on market: 2/19/2025
- Cumulative days on market: 287 days
- Listing terms: Cash,Conventional
- Tenant pays: Trash Collection, Other
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$969/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2025 | Listed for sale | $350,000 |
Source:  Canopy MLS as distributed by MLS GRID #4224629 Report a problem | ||
| 8/21/2025 | Pending sale | $350,000 |
Source: Canopy MLS as distributed by MLS GRID #4224629 Report a problem | ||
| 2/19/2025 | Listed for sale | $350,000-6.7% |
Source: Canopy MLS as distributed by MLS GRID #4224629 Report a problem | ||
| 1/8/2024 | Listing removed | -- |
Source: Canopy MLS as distributed by MLS GRID #4043763 Report a problem | ||
| 6/28/2023 | Listed for sale | $375,000 |
Source: Canopy MLS as distributed by MLS GRID #CAR4043763 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$1,960/mo
Principal & interest
$1656
Property taxes
$181
Home insurance
$123
Climate risks
Neighborhood: 28152
Nearby schools
GreatSchools rating
- 9/10Springmore ElementaryGrades: PK-5Distance: 1.7 mi
- 3/10Crest Mid School Of TechnologyGrades: 6-8Distance: 1.5 mi
- 7/10Crest High SchoolGrades: 9-12Distance: 1.9 mi
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