Portfolio at 2588 Old Shelby Road, Hickory
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$531,000

2588 Old Shelby Road
Hickory, NC 28602
Listed by Angela Dunne · Hart Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
3,500 sqft
Year built
1950

About this home

Rare multi-property opportunity on approximately 6 acres in Hickory! Offered together as two parcels, this unique property provides multiple residences, acreage, and incredible flexibility for an investor or multigenerational living. One parcel consists of approximately 1.98 acres with a 2-bedroom, 1-bath single-family residence. The adjoining parcel encompasses approximately 4 acres and features additional residential units, primarily offering 2 bedrooms and 1 bath each. Separate electric service is provided for the residences, while three of the properties share a well. Adding to the versatility is an RV hookup on the property. There is also a two-story storage building with power, providing excellent space for storage, workshop use, or hobby needs. A covered patio provides a great gathering space, along with an outdoor fireplace area designed for entertaining and gathering. The property also features established fruit trees, adding charm and seasonal enjoyment. A creek runs along the acreage, further enhancing the natural setting and character of the land. Whether you're looking to expand a rental portfolio, live on-site while maintaining additional residences, or create a multigenerational family property where everyone can live nearby while still enjoying their own space, this property offers possibilities that are difficult to find in one location. Conveniently located along Old Shelby Road in Hickory, this is an opportunity to own multiple residences and approximately six acres together in one offering.

Property details

MLS
Canopy MLS
MLS #
CAR4415180
Property type
Portfolio
Subdivision
N/A
Status
Active
Days on market
52
On market date
August 17, 2026
Stories
N/A
Total bathrooms
N/A
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
Southwest Primary
1.59 mi away · Grades -1-2
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
328
Student:teacher ratio
12.1:1
District
Hickory City Schools
Middle
Grandview Middle
4 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
426
Student:teacher ratio
16.4:1
District
Hickory City Schools
High
Hickory Career Arts Magnet High School
5.35 mi away · Grades 6-12
Zoned school (attendance boundary, 2015-16 data)
4.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
188
Student:teacher ratio
9.9:1
District
Hickory City Schools

Walkability

Blended score for Hickory'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).

23
Car-dependent
out of 100
EPA National Walkability Index
7.5 / 20 -- Below average walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

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

On the market 52 days -- 57 fewer days than Hickory's current average of 109 days.
For reference, the median list price across 498 active listings in Hickory right now is $308,000.

Mortgage calculator

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

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Est. monthly payment
$3,348/mo
$106,200 down
$424,800 loan
Principal & interest$2,755
Property tax (est.)$443
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 9 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.