1517 7th Street, Statesville, NC 28677

• 2 beds |
• 1 bath |
• 830 sqft

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.

Listing Status:

Active

Data Last Updated:

May 10, 2026 at 7:16AM

Listing Office:

Underwood Properties 2 LLC : 704-787-3468

MLS ID:

4362844

Interior

• Appliances: DishwasherOvenRefrigerator
• Laundry: Electric Dryer HookupWasher Hookup
• A/C: Central Air
• Heating: Forced Air

Exterior

• Parking: Attached CarportDriveway

Construction

• General: Site BuiltCrawl Space

Location

• Road/Access: Concrete
• Originating MLS: carolina
• County: Iredell

Lot

• Zoning: R5MFM4733-88-5394.000

Utilities

• Water: City
• Sewer: Public Sewer

Financial

• Source: carolina