$431,500
- 3 Beds
- 2.5 Baths
- 2,110 Sq Ft
122 Deerbrook Dr Unit A, Shelby, NC 28150
Sue Amell Costello Real Estate and Investments LLC
$431,500
122 Deerbrook Dr Unit A, Shelby, NC 28150
Sue Amell Costello Real Estate and Investments LLC
$450,000
116 Fairview St, Shelby, NC 28152
Becca Schweppe Keller Williams Unified
$495,000
624 S Washington St, Shelby, NC 28150
Kelly Howell Huitt Realty LLC
Shelby, located in North Carolina’s rural Piedmont region, is a small city with a population of around 20,000. Situated more than 40 miles west of Charlotte, Shelby has a rich history rooted in the railroad and textile industries, now diversified into manufacturing and agriculture. The city hosts top employers such as Wal-Mart Associates Inc., Hanesbrands, and Atrium Health Care. Shelby offers numerous things to do, including dining at local restaurants, visiting two theaters, and exploring the Earl Scruggs Center. The Uptown Shelby Social District is a walkable area with historic charm, featuring locally owned businesses and venues. Keeter Stadium on the south side is notable for hosting the American Legion World Series annually. Shelby City Park, the largest in town, spans 150 acres and includes an aquatics center, sports fields, and a historic carousel. The annual Foothills Merry-Go-Round Festival is held there every April. Cleveland County Public Schools serve the area, earning high ratings and providing dual enrollment and career/technical education courses in partnership with Cleveland Community College. Garner-Webb University is located about 9 miles southwest of Shelby. Cleveland County Transit offers limited public transportation, with a deviated fixed-route system. U.S. Route 74 runs through the south side, connecting Shelby to Charlotte and the Charlotte Douglas International Airport, both approximately 40 miles away.
On average, homes in Shelby, NC sell after 78 days on the market compared to the national average of 52 days. The median sale price for homes in Shelby, NC over the last 12 months is $255,000, up 1% from the median home sale price over the previous 12 months.
In Shelby, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $431,500 to $495,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Shelby is $278,900, while the average sale price is $280,062, offering insights into the local housing market. On average, multi-family homes spend 78 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Shelby, NC.