$600,000
$650,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
506 E Marion ST Shelby, NC 28150
10 Beds
5 Baths
4,980 SqFt
Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Fiveplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,980 sqft
Price per Sqft $120
MLS Listing ID 4305577
Sold Date 03/04/26
Bedrooms 10
Full Baths 5
Abv Grd Liv Area 4,980
Year Built 1951
Lot Size 1.180 Acres
Acres 1.18
Property Sub-Type Fiveplex
Property Description
Discover this beautifully renovated, turnkey investment opportunity in the heart of Shelby. This multi-unit property features five units, three of which are already leased, providing immediate income potential. Ideally located just a short drive from the vibrant downtown area, this investment gem is ready for its next owner.
Renovated in 2022, the property boasts modern updates, including new wiring, HVAC systems, kitchens, appliances, and more. With all the hard work already done, this property is primed and ready for its new owner to start collecting rent. Don't miss the chance to make this exceptional investment yours!
Location
State NC
County Cleveland
Zoning RO
Rooms
Basement Partial
Interior
Interior Features Attic Stairs Pulldown
Heating Central, Forced Air, Natural Gas
Cooling Ceiling Fan(s), Central Air
Flooring Vinyl
Fireplace false
Appliance Dishwasher, Disposal, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
Laundry In Unit
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas
Roof Type Architectural Shingle
Street Surface Gravel,Paved
Porch Front Porch, Porch
Garage false
Building
Lot Description Cleared, Corner Lot, Sloped, Wooded
Foundation Basement, Slab
Sewer Public Sewer
Water City
Structure Type Brick Full
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Pets Allowed Conditional
Senior Community false
Acceptable Financing Cash, Conventional, Exchange, Nonconforming Loan
Listing Terms Cash, Conventional, Exchange, Nonconforming Loan
Special Listing Condition Subject to Lease
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Becca Schweppe • Keller Williams Unified
NEARBY SCHOOLS & BUSINESSES