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 Type(s):
Multi Family
|
Tract
|
Lincoln Estate
|
Year Built
|
1969
|
|
Community
|
Lincoln Estate
|
County
|
Iredell
|
SCHOOLS
| Elementary School |
Unspecified |
| Jr. High School |
Unspecified |
| High School |
Unspecified |
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Oven, Refrigerator |
| HEAT |
Central |
| LOT |
2.4 acre(s) |
| LOT DIMENSIONS |
2.4 |
| MLS STATUS |
Active |
| PARKING |
Driveway, On Street |
| SEWER |
Public Sewer |
| SUBDIVISION |
Lincoln Estate |
Location
Listed with Underwood Properties 2 LLC
Date last updated: 1/9/26 10:09 AM PST
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This IDX solution is (c) Diverse Solutions 2026.
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