For Sale $119,000
Welcome to your next great opportunity! This 3-bedroom, 2-bathroom property is ideally located just minutes from the heart of downtown Shelby. Whether you're an investor looking to expand your rental portfolio with a high-demand property or a homebuyer searching for a centrally located primary residence, this home delivers unbeatable potential. 3 comfortable bedrooms and 2 full bathrooms designed for functional living. Quick, easy access to downtown Shelby's local dining, shopping, and community events. Conveniently situated near major roads and highways for seamless travel. Turnkey ready for immediate rental income or waiting for your personal touches to make it home. Properties in this location with this level of versatility don't stay on the market long. Schedule your tour today and unlock the possibilities!
| List Price: | $119,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 906 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4400397 |
| Subdivision: | None |
| Bathrooms: | 2 |
| Year Built: | 1966 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 09-08-2026 | Price Decrease | $119,000-14.39% | $132 |
| 08-12-2026 | Price Decrease | $139,000-7.33% | $154 |
| 07-12-2026 | Listed | $150,000 | $166 |
| 01-12-2026 | Price Decrease | $410,000-2.96% | $453 |
| 10-17-2025 | Price Decrease | $422,500-0.59% | $467 |
| 09-12-2025 | Listed | $425,000 | $470 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Pinnacle Classical Academy | 3 miles | KG-06 | 8 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 1018 Frederick Street, Shelby NC | 0 mi | $119,000 | days | |
| 1019 Frederick Street, Shelby NC | 0 mi | $39,000 | days | |
| 1104 Spann Street, Shelby NC | 0.1 mi | $125,000 | days | |
| 739 Vale Street, Shelby NC | 0.1 mi | $155,000 | days | |
| 746 Vale Street, Shelby NC | 0.1 mi | $222,500 | days | |
| 788 Kenmore Street, Shelby NC | 0.2 mi | $285,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Carolina Alpine Real Estate LLC
1018 Frederick Street, Shelby NC is a 906 ft2 on a 0.590 acres Appraisal lot. This is for $119,000. This has 3 bedrooms, 2 baths, and was built in 1966.
Based on information submitted to the MLS GRID as of 2026-07-12 09:27:02 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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