For Sale $250,000
This precious cottage is neat as a pin! So much potential on a large corner lot with possible additional building site across the street from the proposed rail trail!!! 2 bedrooms, 1 bathroom, living room, office, bathroom, eat-in kitchen, and large laundry/mudroom with work sink. Peaceful screened porch at the side entrance, and covered Trex deck off the back. Separate outbuilding with shelving and a work bench provides extra storage. Back yard behind the house is fenced. Extra large corner lot that could possibly be divided and carved off for an additional homesite! The old building on the corner is sold "As Is". New roof in 2025! A 2nd bathroom was converted into a closet, but the plumbing pipes could be accessed to return it to a bathroom if desired! Hot water heater is two years old. Nelon Cole termite bond and updated crawlspace. Propane tank is owned and will convey. Buyer to verify any info deemed important regarding specific plans for subdivision. Call TODAY!
Walk-In Closet(s)
| List Price: | $250,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1125 sqft |
| Parking: | Detached Carport, Driveway |
| MLS Number: | CAR4410940 |
| Subdivision: | None |
| Style: | Cottage, Traditional |
| Bathrooms: | 1 |
| Lot Description: | Corner Lot, Level, Private, Wooded |
| Year Built: | 1952 |
| Sewer Type: | Septic Installed |
| Elementary: | James Love |
| Middle: | Shelby |
| High: | Shelby |
| Date | Event | Price | $/SQFT |
| 08-13-2026 | Listed | $250,000 | $223 |
| 12-04-2025 | Price Decrease | $220,000-4.35% | $196 |
| 11-24-2025 | Price Decrease | $230,000-2.13% | $205 |
| 11-17-2025 | Price Decrease | $235,000-2.08% | $209 |
| 11-08-2025 | Price Decrease | $240,000-4.00% | $214 |
| 10-29-2025 | Listed | $250,000 | $223 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Pinnacle Classical Academy | 2 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 |
| 1506 Morgan Street, Shelby NC | 0 mi | $250,000 | days | |
| 403 Whitener Street, Shelby NC | 0.5 mi | $159,900 | days | |
| 716 Espresso Drive, Shelby NC | 0.5 mi | $355,999 | days | |
| 714 Espresso Drive, Shelby NC | 0.5 mi | $275,000 | days | |
| 712 Espresso Drive, Shelby NC | 0.5 mi | $276,000 | days | |
| 724 Espresso Drive, Shelby NC | 0.5 mi | $295,000 | 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
1506 Morgan Street, Shelby NC is a 1125 ft2 on a 0.916 acres lot. This is for $250,000. This has 2 bedrooms, 1 baths, and was built in 1952.
Based on information submitted to the MLS GRID as of 2026-08-13 01:20:29 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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