512 2nd Street, Cherryville NC

  • 3 Bed
  • 0.3 ac

For Sale $150,000

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Remarks:

Duplex offering a solid opportunity for investors seeking rental income with value-add potential. Each unit features a 2 bedroom, 1 bathroom layout with separate living spaces. One unit has been updated with two new mini-split HVAC systems, providing efficient heating and cooling. The second unit currently does not have heating and air, offering an opportunity for improvements and increased rental income. Property includes a metal roof installed within the last few years, contributing to lower long-term maintenance. Located in an established area of Cherryville with consistent rental demand. Comparable 2-bedroom units in the market typically lease in the $1,000/month range depending on condition and upgrades. Ideal for investors looking to renovate, stabilize, and maximize cash flow.

General Information:

List Price: $150,000
Status: For Sale
Bedrooms: 3
Type: Duplex
Parking: Driveway, On Street
MLS Number: CAR4370476
Year Built: 1947
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

Date Event Price $/SQFT
09-08-2025 Under Contract $210,000 N/A
07-08-2025 Listed $210,000 N/A

Nearby Schools

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

School Name Distance Grades Rating
Tryon Elementary School 4 miles PK-05 3
Love Memorial Elementary 8 miles PK-05 5
Norris S Childers Elementary 8 miles PK-05 9
Union Elementary 10 miles KG-05 9
Costner Elementary School 10 miles PK-05 5

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
512 2nd Street, Cherryville NC 0 mi $150,000 days
805 Church Street, Cherryville NC 0.1 mi $139,900 days
306 Howell Street, Cherryville NC 0.1 mi $125,000 days
501 Weaver Street, Cherryville NC 0.2 mi $254,000 days
416 Pine Street, Cherryville NC 0.3 mi $269,000 days
303 Church Street, Cherryville NC 0.3 mi $141,000 days
1 to 6 of 40 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

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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 28021

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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 EXP Realty LLC Mooresville

    512 2nd Street, Cherryville NC is a ft2 on a 0.260 acres Appraisal lot. This is for $150,000. This has 3 bedrooms, baths, and was built in 1947.

    Based on information submitted to the MLS GRID as of 2026-05-25 09:21:19 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.