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1517 7th Street

Statesville, NC 28677
  • $120,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: 4362844
UPDATED: 46 min ago
$120,000
  • 2
    BEDS
  • 0.16
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 830
    SQFT
  • $145
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1940
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Canopy MLS logo Offered by Underwood Properties 2 LLC: 704-787-3468. Copyright 2026 Canopy MLS. All rights reserved.

Description

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.

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MLS Grid logo Based on information submitted to the MLS GRID as of 2026-04-16T18:34:44.087 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither MOVE Asheville Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
www.searchashevillerealestate.com/homes/174539321
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1517 7th Street Statesville, NC 28677

  • Price: $120,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 46 min ago
  • ID#: 4362844
2
Beds
1
Baths
0
½ Baths
0.16
Acres
830
SQFT
$145
$/SQFT
1940
Built
Neighborhood:
Unknown
County:
Iredell
Area:
Statesville
Elementary School:
Unspecified
Middle School:
Unspecified
High School:
Unspecified
Property Description
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.
Exterior Features

Carport Spaces 2 Carport YN Yes Construction Materials Shingle/ShakeVinyl Construction Type Site Built Foundation Details Crawl Space Garage YN No Levels One Main Level Garage YN No Parking Features Attached CarportDriveway Road Responsibility Publicly Maintained Road Road Surface Type Concrete

Interior Features

Above Grade Finished Area 830 Appliances DishwasherOvenRefrigerator Basement YN No Below Grade Finished Area 0 Cooling Central Air Fireplace YN No Heating Forced Air Laundry Features Electric Dryer HookupWasher Hookup Lower Square Feet 0 Main Square Feet 830 Rooms Main (Primary Bedroom) Sq Ft Unheated Total 0 Sq Ft Upper 0 Third Square Feet 0

Property Features

Additional Parcels YN False Association YN No Assumable YN No Auction YN No CCRSubject To No City Taxes Paid To Statesville Hoa Subject To None Listing Terms CashConventionalFHAOwner FinancingVA Loan New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Special Listing Conditions None Water Source City



MLS Grid logo Based on information submitted to the MLS GRID as of 2026-04-16T18:34:44.087 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither MOVE Asheville Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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MOVE Asheville Realty
PO Box 2118
Asheville NC, 28802
Canopy MLS logo Offered by Underwood Properties 2 LLC: 704-787-3468. Copyright 2026 Canopy MLS. All rights reserved.