UPDATED FULLY LEASED SINGLE FAMILY RESIDENTAIL PORTFOLIO IN STATESVILLE. This updated single family residential portfolio consist of 4 single residents that are currently all leased. The leases vary in expiration time the earliest is on or before March 31, 2026. Contact the listing agent for more information concerning the properties, please Do NOT disturb the tenants. The listed property addresses are as follows:117 S Oakwood Drive, 502 E Sharpe Street, 715 W Pine Circle, 221 Magnolia Street. The Seller is also selling a total of 13 residential properties to include these in MLS#4229202.
Under contract-show
Price cut: $74K (7/9)
$975,000
221 Magnolia St, Statesville, NC 28677
14beds
1,221sqft
Est.:
Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$799/sqft
$-- HOA
What's special
- 71 days
- on Zillow |
- 175 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 01:51pm
Listing Provided by:
David Jones davidjones@clr-properties.com,
Carolina Landmark Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4267876

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Other
- Laundry: Other
Features
- Has basement: No
Interior area
- Total structure area: 1,221
- Total interior livable area: 1,221 sqft
- Finished area above ground: 1,221
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage on Main Level
- Garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 0.45 Acres
- Dimensions: 100 x 200 x 100 x 200
Details
- Additional parcels included: 4734-38-6850.000,4744-36-7933.000,4744-25-7591.000
- Parcel number: 4744580790 . 000
- Zoning: RA
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Asbestos, Wood
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Statesville
Financial & listing details
- Price per square foot: $799/sqft
- Tax assessed value: $143,040
- Annual tax amount: $1,516
- Date on market: 6/5/2025
- Listing terms: Conventional
- Exclusions: Tenant Owned Appliances do not convey
- Tenant pays: All Utilities
- Road surface type: Concrete, Paved
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