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$149,900

Shelby, NC 28150
Listed by Russell Littlejohn · Carolina Alpine Real Estate LLC
Bedrooms
3
Bathrooms
2
Living area
720 sqft
Year built
1952

About this home

Prime Investment Opportunity | Tenant-Occupied Turnkey Gem Calling all investors! Looking for a seamless investment with immediate cash flow? This 3-bedroom, 2-bathroom home offers a "plug-and-play" opportunity for the savvy investor. Currently tenant-occupied, this property allows you to skip the renovation headaches and vacancy periods, earning rental income from day one. Situated in a high-demand pocket of Shelby, this home is minutes away from Downtown and has quick access to local highways. Property Highlights Spacious Layout: A versatile 3BR/2BA floor plan that appeals to a wide range of renters. Proven Track Record: Reliable income stream with a tenant already in place. Low Maintenance: Positioned as a sturdy, long-term hold in a growing market. Investor Note: Properties in this price point and proximity to the city center are moving fast. Capitalize on the growth of Shelby and secure your next asset today.

Property details

MLS #
CAR4370849
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
53
On market date
April 17, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Jefferson Elementary
0.73 mi away · Grades -1-4
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
377
Student:teacher ratio
14.5:1
District
Cleveland County Schools
Middle
Shelby Intermediate
2.03 mi away · Grades 5-6
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
412
Student:teacher ratio
13.7:1
District
Cleveland County Schools
High
Cleveland ECHS
2.09 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
215
Student:teacher ratio
21.5:1
District
Cleveland County Schools

Walkability

Blended score for Shelby's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

66
Walkable
out of 100
EPA National Walkability Index
8.7 / 20 -- Below average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores5
Parks7
Schools4
Transit stops9
Pharmacies7

Market position

How this listing compares to current activity in Shelby, from live MLS data.

On the market 53 days -- 46 fewer days than Shelby's current average of 99 days.
For reference, the median list price across 284 active listings in Shelby right now is $289,250.

Mortgage calculator

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Est. monthly payment
$1,053/mo
$29,980 down
$119,920 loan
Principal & interest$778
Property tax (est.)$125
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 10, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.