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
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 472 days |
- 523 |
- 48 |
Zillow last checked:
Listing updated:
Listed 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: 2.4 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: 434 days
- Listing terms: Cash,Conventional
- Tenant pays: Trash Collection, Other
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,055/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2025 | Listed for sale | $350,000 |
Source: | ||
| 8/21/2025 | Pending sale | $350,000 |
Source: | ||
| 2/19/2025 | Listed for sale | $350,000-6.7% |
Source: | ||
| 1/8/2024 | Listing removed | -- |
Source: | ||
| 6/28/2023 | Listed for sale | $375,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 28152
Nearby schools
GreatSchools rating
- 9/10Springmore ElementaryGrades: PK-5Distance: 1.7 mi
- 3/10Crest Mid School Of TechnologyGrades: 6-8Distance: 1.6 mi
- 7/10Crest High SchoolGrades: 9-12Distance: 2 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- North Carolina
- Cleveland County
- Shelby
- 28152
- 116 & 118 Webb Rd
