Listing by: Thomas Underwood, Underwood Properties 2 LLC, thomase.underwoodbroker@gmail.com
32 Beds
17 Full baths
13,480SqFt
Active
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.
Property Details | ||
|---|---|---|
| Price | $1,865,000 | |
| Bedrooms | 32 | |
| Full Baths | 17 | |
| Lot Size Area | 2.4 | |
| Lot Size Area Units | Acres | |
| Property Type | MultiFamily | |
| MLS Sub type | Portfolio | |
| Year Built | 1969 | |
| Subdivision | Lincoln Estate | |
| Roof | Architectural Shingle, Composition, Insulated | |
| Heating | Central | |
| Foundation | Slab | |
| Laundry Features | Electric Dryer Hookup, Lower Level, Washer Hookup | |
| Parking Description | Driveway, On Street | |
Geographic Data | ||
| County | Iredell | |
| Latitude | 35.771411 | |
| Longitude | -80.924416 | |
Address Information | ||
| Address | 2028 Kennedy Drive #157, Statesville, NC 28677 | |
| Unit | 157 | |
| Postal Code | 28677 | |
| City | Statesville | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | Underwood Properties 2 LLC | |
| Listing Office Phone | 704-787-3468 | |
| Listing Agent | Thomas Underwood | |
| Listing Agent Phone | 704-787-3468 | |
| Attribution Contact | thomase.underwoodbroker@gmail.com | |
| Web Url | https://www.underwoodproperties2.com/ | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
School Information | ||
| Elementary School | Unspecified | |
| Middle School | Unspecified | |
| High School | Unspecified | |
MLS Information | ||
| Days on market | 1 | |
| MLS Status | Active | |
| Listing Date | Jan 7, 2026 | |
| Listing Last Modified | Jan 8, 2026 | |
| Tax ID | 4724-91-1272 | |
| MLS # | CAR4332721 | |
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Listings courtesy of Canopy MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 2026-02-18T09:08:05.840441Z. 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.
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