For Sale $1,865,000
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.
| List Price: | $1,865,000 |
| Status: | For Sale |
| Bedrooms: | 32 |
| Type: | Portfolio |
| Parking: | Driveway, On Street |
| MLS Number: | CAR4332721 |
| Subdivision: | Lincoln Estate |
| Year Built: | 1969 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 01-08-2026 | Listed | $1,865,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| N B Mills Elementary School | 1 miles | PK-05 | 1 |
| American Renaissance School | 2 miles | KG-06 | 9 |
| Success Charter School | 3 miles | KG-06 | 1 |
| Celeste Henkel Elementary School | 3 miles | PK-05 | 5 |
| Pressly School | 4 miles | KG-06 | N/A |
| Third Creek Elementary School | 4 miles | PK-05 | 2 |
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 |
| 2028 Kennedy Drive, Statesville NC | 0 mi | $1,865,000 | days | |
| 1129 Rita Avenue, Statesville NC | 0.2 mi | $225,000 | days | |
| 119 Mary Locke Way, Statesville NC | 0.2 mi | $339,000 | days | |
| 1309 Williams Road, Statesville NC | 0.2 mi | $96,700 | days | |
| 925 Park Drive, Statesville NC | 0.4 mi | $185,000 | days | |
| 1813 Younger Avenue, Statesville NC | 0.5 mi | $276,750 | 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 Underwood Properties 2 LLC
2028 Kennedy Drive, Statesville NC is a ft2 on a 2.400 acres Appraisal lot. This is for $1,865,000. This has 32 bedrooms, baths, and was built in 1969.
Based on information submitted to the MLS GRID as of 2026-01-08 11:36:29 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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