Investor opportunity featuring four duplex buildings, each offering 2-bedroom, 1-bath units with functional layouts that include a living room, dining area, kitchen, and in-unit laundry. Interiors feature a mix of carpet, vinyl, and linoleum flooring, with appliances including dishwasher, electric range, and refrigerator. Recent improvements include new gutters installed on all buildings in 2024 and a new roof on building 935 in 2025. Great potential for steady rental income. Add this multi-unit property to your portfolio today!
Active
$795,000
937 Kings Rd, Shelby, NC 28150
--beds
--baths
1,808sqft
Est.:
Multi Family
Built in 1973
-- sqft lot
$732,700 Zestimate®
$440/sqft
$-- HOA
What's special
In-unit laundryFunctional layoutsDining area
- 34 days |
- 363 |
- 23 |
Zillow last checked:
Listing updated:
Listing Provided by:
Tracy Whisnant tracywhisnant@remax.net,
RE/MAX Select
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4356919
Tour with a local agent
Facts & features
Interior
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Electric Range, Refrigerator
- Laundry: In Unit, Inside
Features
- Flooring: Carpet, Linoleum, Vinyl
- Has basement: No
Interior area
- Total structure area: 1,808
- Total interior livable area: 1,808 sqft
- Finished area above ground: 1,808
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Parking Lot
Features
- Exterior features: Lawn Maintenance
Lot
- Size: 2.3 Acres
Details
- Parcel number: 22852
- Zoning: R8
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Partial, Wood
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available, Electricity Connected
Community & HOA
Location
- Region: Shelby
Financial & listing details
- Price per square foot: $440/sqft
- Tax assessed value: $353,040
- Annual tax amount: $3,513
- Date on market: 3/23/2026
- Cumulative days on market: 35 days
- Tenant pays: All Utilities
- Electric utility on property: Yes
- Road surface type: Concrete, Paved
Estimated market value
$732,700
$689,000 - $769,000
$1,189/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Listed for sale | $795,000$440/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4356919 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,513 +20.6% | $353,040 +56% |
| 2024 | $2,913 | $226,354 |
| 2023 | $2,913 | $226,354 |
| 2022 | $2,913 | $226,354 |
| 2021 | $2,913 +5.8% | $226,354 +8.6% |
| 2020 | $2,753 | $208,450 |
| 2019 | $2,753 +0.4% | $208,450 |
| 2018 | $2,743 +2.6% | $208,450 |
| 2017 | $2,673 | $208,450 |
| 2016 | $2,673 | $208,450 -7.2% |
| 2015 | $2,673 | $224,734 |
| 2014 | $2,673 | $224,734 |
| 2013 | -- | $224,734 |
| 2011 | -- | $224,734 |
| 2010 | -- | $224,734 |
| 2008 | -- | $224,734 +4.4% |
| 2007 | -- | $215,230 |
| 2006 | -- | $215,230 |
| 2003 | -- | $215,230 |
Find assessor info on the county website
Monthly payment
Est. payment
$4,250/mo
Principal & interest
$3839
Property taxes
$411
More affordability tools
Climate risks
Neighborhood: 28150
Nearby schools
GreatSchools rating
- 7/10Jefferson ElementaryGrades: PK-5Distance: 1.5 mi
- 4/10Shelby MiddleGrades: 6-8Distance: 1.9 mi
- 3/10Shelby HighGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Jefferson
- Middle: Shelby
- High: Shelby
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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
- 28150
- 937 Kings Rd
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