1302 5th ST, Statesville, NC 28677
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Brad Cook

Brad Cook

+1(704) 929-8312
$ 155,000
Est. payment | /mo

3 Beds

1 Bath

1,136 SqFt

Save
$ 155,000
Est. payment | /mo
Save

3 Beds

1 Bath

1,136 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,136 sqft

Price per Sqft $136

Subdivision Unknown

MLS Listing ID 4362849

Bedrooms 3

Full Baths 1

Abv Grd Liv Area 1,136

Year Built 1925

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Single Family Residence

Property Description

Exceptional investment opportunity just minutes from downtown Statesville! This unique portfolio offers 16 total units across 12 separate parcels (Parcel ID(s): 4733876245; 4733885394; 4733886666; 4733992545; 4733994319; 4734800899; 4734807354; 4734807436; 4743093456; 4744140404; 4744049339), all situated on approximately 2.4 acres. Currently, eight (8) units are rented with a strong rental history and reliable tenants. The portfolio consists of two (2) triplexes and ten (10) single-family homes, providing a balanced mix of stable income and future potential. This combination of income-producing properties and redevelopment possibilities makes the portfolio well-suited for investors seeking both immediate cash flow and long-term upside. Conveniently located near Statesville amenities, these properties benefits from consistent demand and strong occupancy rates. With income in place from day one and additional value-add or development opportunities, this offering delivers stability, versatility, and long-term investment potential. Please note: Tenants are not to be disturbed. All showings must be scheduled by appointment only. Sold as a package and as-is.

Location

State NC

County Iredell

Zoning R5MFM

Rooms

Primary Bedroom Level Main

Main Level Bedrooms 3

Main Level Primary Bedroom

Interior

Heating Forced Air

Cooling Central Air

Fireplace true

Appliance Electric Oven, Refrigerator

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Street Surface Concrete,Gravel,Paved

Garage false

Building

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water City

Level or Stories One

Structure Type Shingle/Shake,Vinyl

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, Owner Financing, VA Loan

Listing Terms Cash, Conventional, FHA, Owner Financing, VA Loan

Special Listing Condition None

© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Thomas Underwood • Underwood Properties 2 LLC • [email protected]

NEARBY SCHOOLS & PROPERTIES

Brad Cook
Brad Cook

Team Owner/Broker | License ID: 298609

+1(704) 929-8312 | [email protected]

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1302 5th ST