Strong investment opportunity with significant recent capital improvements already completed! This well-maintained 13-unit apartment building features an attractive unit mix of seven 2-bedroom units, two 1-bedroom units, and four studio apartments, offering broad tenant appeal and strong rental potential. Current ownership has invested approximately $325,000 in upgrades and improvements, including updated kitchen cabinets, bathroom renovations, and windows. Newer metal roof, and a newly created parking lot. With major improvements already in place, and conveniently located, this turnkey property is ideal for investors seeking strong rental potential and minimal deferred maintenance. Whether you’re a seasoned investor looking to expand your portfolio or a first-time buyer entering the multifamily market, this move-in-ready building checks every box.
RE/MAX ExecutiveBrokerage Email: jamiepurvisrealtor@yahoo.comLicense #283426Listed on: 05/27/2026
Property Details
Home Type
Apartment
Year Built
Built in 1936
Parking
Parking Lot
Home Design
8,540 Sq Ft Home
Slab Foundation
Four Sided Brick Exterior Elevation
Additional Features
Electric Range
13,939 Sq Ft Lot
Baseboard Heating
Basement
Community Details
No Home Owners Association
Listing and Financial Details
The owner pays for trash collection, water
Assessor Parcel Number 5020-16-92-5721
Property Details
Home Type
Apartment
Year Built
Built in 1936
Lot Details
0.32 Acres
Listing Details
Property Type: Residential Income
Property Sub Type: Apartment
Year Built: 1936
Road Surface Type: Gravel, Paved
Geocode Confidence: High
Attribution Contact: jamiepurvisrealtor@yahoo.com
Special Features: None
Interior Features
Foundation Details: Slab
Appliances: Electric Range, Refrigerator
Owner Pays: Trash Collection, Water
Above Grade Finished Sq Ft: 8540
Basement YN: Yes
Living Area: 8540
Exterior Features
New Construction: No
Construction Type: Site Built
Pool Private: No
Construction Type: Brick Full
Garage/Parking
Main Level Garage YN: 0
Carport Y N: No
Garage Yn: No
Open Parking: No
Parking Features: Parking Lot
Utilities
Heating: Baseboard
Sewer: Public Sewer
Laundry Features: None
Cooling: Other - See Remarks
Water Source: City
Condo/Co-op/Association
Senior Community: No
Association: No
Schools
Middle Or Junior School: Unspecified
HOA Subject To: None
Lot Info
Lot Size Units: Acres
Parcel Number: 5020-16-92-5721
Zoning: B2
Lot Size Acres: 0.32
Additional Parcels: No
Zoning Specification: B2
Rental Info
Tenant Pays: Electricity
Pets Allowed: Conditional
Multi Family
Number Of Units Total: 13
MLS Schools
Elementary School: Unspecified
High School: Unspecified
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
Land
Improvement
2025
$2,662
$316,640
$44,100
$272,540
2024
$2,687
$309,520
$42,000
$267,520
2023
$2,707
$317,970
$42,000
$275,970
2022
$2,707
$317,970
$42,000
$275,970
2021
$2,742
$317,970
$42,000
$275,970
2020
$2,403
$262,680
$42,000
$220,680
2019
$2,364
$262,680
$42,000
$220,680
2018
$2,333
$262,680
$0
$0
2017
$2,325
$262,680
$0
$0
2016
$663
$97,170
$0
$0
2013
--
$279,230
$0
$0
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Event
Price
List to Sale
Price per Sq Ft
Prior Sale
05/27/202605/27/26
For Sale
$1,475,000
+431.5%
$173 / Sq Ft
08/24/201208/24/12
Sold
$277,500
-14.6%
$34 / Sq Ft
View Prior Sale
07/15/201207/15/12
Pending
--
--
--
02/03/201202/03/12
For Sale
$325,000
--
$40 / Sq Ft
Source: Canopy MLS
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Type
Sale Price
Title Company
Warranty Deed
$890,000
None Listed On Document
Warranty Deed
$750,000
None Listed On Document
Deed
--
None Listed On Document
Warranty Deed
$100,000
None Available
Warranty Deed
$174,000
None Available
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Jamie Purvis has been in the Real Estate business since 2015 and while working as Team Purvis, received many industry accolades, some of which are Top 3% National award, Chairman’s Club award, Top Team in the Southeast, and RE/MAX International Hall of Fame. Jamie has a passion for his clients and puts them at ease with his easy-going demeanor, and in-depth knowledge of the real estate market. His strength is to listen to clients and to counsel them through the home selling and buying
Turnkey Investment Opportunity | 6-Unit Apartment BuildingThis fully renovated six-unit apartment building presents an exceptional investment opportunity with all units currently rented and generating immediate income. Approximately $175,000 in recent improvements have been completed, including new kitchen cabinets, updated bathroom vanities, all new windows, and a brand-new roof. Each unit
Charming 3-bedroom home with no HOA, offering comfort, style, and a fantastic location! Step into a spacious living room featuring a high ceiling that creates an open and airy feel. The main living areas are finished with durable laminate flooring, while the bedrooms offer carpeting. The kitchen is both functional and stylish, complete with stainless steel appliances, a classic subway tile
Spacious 5,000+ Sq Ft Home on 5+ Acres – No HOA! Welcome to your private retreat in beautiful Statesville! This expansive home offers over 5,000 square feet of living space and sits on more than five peaceful acres surrounded by mature trees. Step inside to discover a floor plan that combines generous space with classic comfort. The main level features a bedroom with built-in bookshelves, a
House with approx. 60x80 shop situated on 41 +/- acres with no HOA. An additional well and septic system are already in place. Excellent potential for future development, including the possibility of a housing subdivision.
Just over 14 acres of beautiful, mostly flat land surrounded by mature woods! Ideal for livestock, with fencing already in place in front of the barn and along the tree line bordering the road. The property includes a home in need of complete renovation. Wood burning fireplace in Family room and basement. House conveys will all contents remaining. Detached four-car garage, an attached two-car
Discover nearly two acres of possibility just minutes from downtown Mooresville! Tucked away in a private tree-lined setting, this nearly two-acre property offers the rare combination of seclusion and convenience, all within close proximity to shops, dining, and the charm of Downtown Mooresville. Towering mature trees frame the land, creating a peaceful, established atmosphere that simply can’t
Thoughtfully designed, this 3 bedroom, 2 bath ranch is tucked away on a quiet cul-de-sac in the sought after Gambill Forest community. The open concept floor plan is filled with natural light and showcases modern finishes throughout. The kitchen features quartz countertops, a large center island with seating, stainless steel appliances, a gas range, ample cabinetry, and generous storage, flowing
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. Based on information submitted to the MLS GRID Listings courtesy of Canopy MLS as distributed by MLS GRID