$350,000
PENDING

116 & 118 Webb Rd Shelby, NC 28152

Estimated payment $1,954/month

Total Views 9,149
33 Beds
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Laundry Room
  • Springmore Elementary School Rated A-
  • Forced Air Heating System

About This Home

Investor Opportunity in Shelby, NC! This unique property features five rental units—two stick-built homes and three manufactured homes—all currently occupied, generating steady income. County water and septic are already in place, and a rental manager is handling the properties.

The seller is open to splitting the property, offering the option to purchase only the manufactured homes and the land they sit on. Don't miss out on this flexible investment opportunity!

Listing Agent

Steven Honeycutt

EXP Realty LLC Brokerage Email: honeycuttjsh@gmail.com License #312171 Listed on: 02/19/2025

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $727

Year Built

  • Built in 1930

Parking

  • Driveway

Home Design

  • Permanent Foundation
  • Vinyl Siding

Kitchen

  • Electric Oven
  • Electric Range
  • ENERGY STAR Qualified Refrigerator

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Septic Tank

Additional Features

  • 33 Bedrooms
  • Laundry Room
  • Crawl Space

Listing and Financial Details

  • The owner pays for exterior maintenance, water
  • Assessor Parcel Number 32148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$727

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Fiveplex
  • Year Built: 1930
  • Road Surface Type: Gravel
  • Geocode Confidence: Medium
  • Attribution Contact: honeycuttjsh@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Permanent, Other - See Remarks
  • Appliances: Electric Oven, Electric Range, ENERGY STAR Qualified Refrigerator
  • Owner Pays: Exterior Maintenance, Water
  • Basement YN: No
  • Total Bedrooms: 33

Exterior Features

  • New Construction: No
  • Construction Type: Manufactured,Site Built
  • Construction Type: Aluminum, Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Forced Air, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Water Source: County Water

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 2.65
  • Lot Size Units: Acres
  • Parcel Number: 32148
  • Additional Parcels Description: 32149
  • Zoning Specification: AA0

Rental Info

  • Tenant Pays: Trash Collection, Other
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax 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 $727 $147,067 $26,758 $120,309
2024 $727 $61,170 $21,663 $39,507
2023 $724 $61,170 $21,663 $39,507
2022 $724 $61,170 $21,663 $39,507
2021 $720 $61,170 $21,663 $39,507
2020 $675 $54,854 $20,523 $34,331
2019 $675 $54,854 $20,523 $34,331
2018 $662 $54,854 $20,523 $34,331
2017 $659 $54,854 $20,523 $34,331
2016 $619 $54,854 $20,523 $34,331
2015 $663 $60,383 $19,642 $40,741
2014 $663 $60,383 $19,642 $40,741
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Pending -- -- --
02/19/2025 02/19/25 For Sale $350,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $120,000 None Available
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4224629

Canopy MLS (Canopy Realtor® Association)

APN: 32148