$408,500
SOLD NOV 12, 2025

116 Fairview St Shelby, NC 28152

6 Beds
6 Baths
3,407 Sq Ft
0.69 Acres

Recently Sold

$120 Per Sq Ft

26% Below List Price

137 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Covered Patio or Porch
  • Oldham-Ramona Elementary School Rated A-
  • Traditional Architecture
  • Laundry Room

About This Home

As of November 2025

Ideal investment opportunity! Well-maintained fourplex within walking distance of Gardner Webb University. Whether you're a seasoned investor or a first-time buyer, this fully occupied multi-unit property offers steady rental income and high demand year-round. Two units feature 2 beds/1.5 baths and the additional two units are 1 bed/1 bath. All are well maintained with functional layouts and separate entrances. Recent upgrades to most units include LVP flooring, updated appliances, paint, light fixtures, door hardware and fixtures. New outside lights along the sidewalks. All 4 HVACs serviced and updated in June 2025. Please allow 24 hour notice for showing requests. All tenants are currently on month to month leases. Call for more info!

Last Agent to Sell the Property

Becca Schweppe

Keller Williams Unified Brokerage Email: beccaschweppe@kw.com License #117906 Listed on: 05/21/2025

Keller Williams Unified

Last Buyer's Agent

Chad Kessinger

Keller Williams Unified License #348960

Keller Williams Unified

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Lot Details

  • Paved or Partially Paved Lot
  • Sloped Lot
  • Wooded Lot

Parking

  • 4 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,407 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Boiling Springs Elementary School
  • Crest Middle School
  • Crest High School

Utilities

  • Heat Pump System

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 1056

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Fourplex
  • Architectural Style: Traditional
  • Year Built: 1993
  • Road Surface Type: Concrete, Paved
  • Geocode Confidence: High
  • Attribution Contact: beccaschweppe@kw.com
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Vinyl
  • Appliances: Dishwasher, Electric Range, Refrigerator, Other
  • Owner Pays: None
  • Above Grade Finished Sq Ft: 2271
  • Has Basement: Apartment, Finished, Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1136
  • Living Area: 3407
  • Building Stories: 2
  • Window Features: Insulated Window(s)
  • Unit Type Features: Ceiling Fan(s)
  • Unit Type Features: Ceiling Fan(s)
  • Unit Type Features: Open Floorplan
  • Unit Type Features: Open Floorplan

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Block
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Hall, Laundry Closet, Main Level, Other - See Remarks
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Utilities: Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Paved, Sloped, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 1056
  • Horse Amenities: None
  • Additional Parcels: No
  • Zoning Specification: R10

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Number Limit

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Boiling Springs
  • High School: Crest

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2025 11/12/25 Sold $408,500 -9.2% $120 / Sq Ft
09/05/2025 09/05/25 Price Changed $450,000 -14.3% $132 / Sq Ft
08/08/2025 08/08/25 Price Changed $525,000 -2.6% $154 / Sq Ft
06/18/2025 06/18/25 Price Changed $539,000 -2.0% $158 / Sq Ft
05/21/2025 05/21/25 For Sale $550,000 -- $161 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Becca Schweppe

    Seller's Agent in 2025

    Becca Schweppe

    Keller Williams Unified

    (704) 472-9827

    8 in this area

    192 Total Sales

    Becca Schweppe
    Section Image

  • C

    Buyer's Agent in 2025

    Chad Kessinger

    Keller Williams Unified

    (704) 560-3600

    1 in this area

    8 Total Sales

    Chad Kessinger
    Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4252244

Canopy MLS (Canopy Realtor® Association)
North Carolina Cleveland County Shelby 28152

116 Fairview St, Shelby, NC

Sold

MultiFamily

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