For Sale $450,000
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!
| 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 |
| Elementary: | Boiling Springs |
| Middle: | Crest |
| High: | Crest |
| 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 |
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.
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 |
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)
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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 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.
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