116 Fairview Street, Shelby NC

  • 6 Bed
  • 0.7 ac

For Sale $450,000

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Remarks:

Ideal investment opportunity! Well-maintained fourplex within walking distance of Gardner Webb University. Whether you're a seasoned investor or a first-time buyer, this fully occupied multi-unit property offers steady rental income and high demand year-round. Two units feature 2 beds/1.5 baths and the additional two units are 1 bed/1 bath. All are well maintained with functional layouts and separate entrances. Recent upgrades to most units include LVP flooring, updated appliances, paint, light fixtures, door hardware and fixtures. New outside lights along the sidewalks. All 4 HVACs serviced and updated in June 2025. Please allow 24 hour notice for showing requests. All tenants are currently on month to month leases. Call for more info!

General Information:

List Price: $450,000
Status: For Sale
Bedrooms: 6
Type: Fourplex
Parking: Parking Space(s)
MLS Number: CAR4252244
Subdivision: None
Style: Traditional
Lot Description: Paved, Sloped, Wooded
Year Built: 1993
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Boiling Springs
Middle: Crest
High: Crest

Price & Sales History

Date Event Price $/SQFT
10-19-2025 Under Contract $450,000-14.29% N/A
08-22-2025 Price Decrease $525,000-2.60% N/A
07-07-2025 Price Decrease $539,000-2.00% N/A
06-15-2025 Listed $550,000 N/A

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Cliffside Elementary School 6 miles KG-05 8
Thomas Jefferson Classical ACademy: A Challenge Foundation A 8 miles KG-06 10
Ellenboro Elementary School 9 miles PK-05 7
Pinnacle Classical Academy 9 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.

Properties For Sale Nearby

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
116 Fairview Street, Shelby NC 0 mi $450,000 days
121 Hamrick Avenue, Shelby NC 0.1 mi $289,000 days
117 Woodland Avenue, Shelby NC 0.1 mi $329,000 days
156 Woodhill Drive, Shelby NC 0.2 mi $239,900 days
245 College Avenue, Shelby NC 0.2 mi $289,700 days
125 Woodhill Drive, Shelby NC 0.2 mi $265,000 days
1 to 6 of 20 Result

Sold Properties Nearby

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

Commute Distance & Time

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28152

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    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.

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    Property Listing Information

    A Courtesy Listing Provided By Keller Williams Unified

    116 Fairview Street, Shelby NC is a ft2 on a 0.692 acres lot. This is for $450,000. This has 6 bedrooms, baths, and was built in 1993.

    Based on information submitted to the MLS GRID as of 2025-06-15 10:20:52 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. Click here for more information

    Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.