1301 5th St Statesville, NC 28677
Highlights
- No HOA
- Forced Air Heating and Cooling System
- 5-minute walk to Alex Cooper Park
- 1-Story Property
About This Home
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.
Listing Agent
Underwood Properties 2 LLC Brokerage Email: thomase.underwoodbroker@gmail.com License #323727 Listed on: 03/27/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1925
Lot Details
- 6,970 Sq Ft Lot
- Property is zoned R5MFM
Parking
- Driveway
Home Design
- Vinyl Siding
Interior Spaces
- 862 Sq Ft Home
- 1-Story Property
- Crawl Space
- Washer and Electric Dryer Hookup
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4733-99-4319.000
Map
Home Values in the Area
Average Home Value in this Area
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 | $549 | $48,070 | $10,000 | $38,070 |
| 2024 | $549 | $48,070 | $10,000 | $38,070 |
| 2023 | $549 | $48,070 | $10,000 | $38,070 |
| 2022 | $395 | $25,370 | $4,500 | $20,870 |
| 2021 | $451 | $25,370 | $4,500 | $20,870 |
| 2020 | $451 | $25,370 | $4,500 | $20,870 |
| 2019 | $449 | $25,370 | $4,500 | $20,870 |
| 2018 | $424 | $25,000 | $4,500 | $20,500 |
| 2017 | $419 | $25,000 | $4,500 | $20,500 |
| 2016 | $419 | $25,000 | $4,500 | $20,500 |
| 2015 | -- | $25,000 | $4,500 | $20,500 |
| 2014 | -- | $27,670 | $4,500 | $23,170 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2026 03/27/26 | For Sale | $120,000 | -- | $139 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $375,000 | None Available | |
| Warranty Deed | $19,500 | None Available | |
| Warranty Deed | $21,000 | None Available | |
| Warranty Deed | $25,000 | None Available | |
| Warranty Deed | $22,000 | None Available | |
| Deed | $13,000 | -- | |
| Deed | $15,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $12,000 | Seller Take Back |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4362852
APN: 4733-99-4319.000
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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.
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Ask me questions while you tour the home.