Condominium at Shelby
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$124,000

Shelby, NC 28150
Listed by Kyna Barnes · Jennings Real Estate Group, LLC
Bedrooms
2
Bathrooms
1
Living area
723 sqft
Year built
1982

About this home

Investor Special- Income producing property! Spacious 2 bedroom, 1 bath townhome/condo currently occupied by a long term tenant providing immediate cash flow. Property does need repairs and deferred maintenance but offers excellent upside potential. Prime location within walking distance of Uptown Shelby and The Carolina Harmony Trail; giving tenants convenient access to shopping. dinning, entertainment and outdoor recreation. Excellent opportunity for investors looking to expend their portfolio.

Property details

MLS #
CAR4380899
Property type
Condominium
Subdivision
Hillcrest
Status
Active
Days on market
45
On market date
May 12, 2026
Stories
N/A
Total bathrooms
1
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
Graham Elementary
1.07 mi away · Grades -1-4
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
209
Student:teacher ratio
12.3:1
District
Cleveland County Schools
Middle
Shelby Intermediate
3.14 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
3.21 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).

63
Walkable
out of 100
EPA National Walkability Index
9.0 / 20 -- Below average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores3
Parks7
Schools2
Transit stops6
Pharmacies3

Market position

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

On the market 45 days -- 54 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
$897/mo
$24,800 down
$99,200 loan
Principal & interest$643
Property tax (est.)$103
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 26, 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.