Single Family Residence at 801 E Marion Street, Shelby
Single Family Residence at 801 E Marion Street, Shelby, photo 2 of 4
Single Family Residence at 801 E Marion Street, Shelby, photo 3 of 4
Single Family Residence at 801 E Marion Street, Shelby, photo 4 of 4
4 photos

$575,000

801 E Marion Street
Shelby, NC 28150
Listed by Nancy Braun · Showcase Realty LLC
Bedrooms
6
Bathrooms
6
Living area
3,898 sqft
Year built
1925

About this home

Incredible investment opportunity in Shelby! This property offers massive income potential for savvy investors looking to expand their portfolio. Configured as a high-capacity residential setup, the property currently functions with 7 separate rentable spaces, including a converted garage unit. There is a 2nd living quarter in a separate building. Conveniently located near local amenities, shopping, and downtown Shelby. Being offered via auction while occupied—exterior/drive-by viewings only, no interior access permitted prior to sale. Sold as-is. Don't miss this high-upside cash-flow opportunity!

Property details

MLS
Canopy MLS
MLS #
CAR4409851
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
50
On market date
August 25, 2026
Stories
N/A
Total bathrooms
6
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.

Elementary
Jefferson Elementary
0.91 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
2.12 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
2.19 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 50 days -- 46 fewer days than Shelby's current average of 96 days.
For reference, the median list price across 348 active listings in Shelby right now is $283,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,613/mo
$115,000 down
$460,000 loan
Principal & interest$2,984
Property tax (est.)$479
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 3 days ago.

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.