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$408,500
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Property Description
Ideal investment opportunity! Well-maintained fourplex within walking distance of Gardner Webb University. Whether you're a seasoned investor or a first-time buyer, this fully occupied multi-unit property offers steady rental income and high demand year-round. Two units feature 2 beds/1.5 baths and the additional two units are 1 bed/1 bath. All are well maintained with functional layouts and separate entrances. Recent upgrades to most units include LVP flooring, updated appliances, paint, light fixtures, door hardware and fixtures. New outside lights along the sidewalks. All 4 HVACs serviced and updated in June 2025. Please allow 24 hour notice for showing requests. All tenants are currently on month to month leases. Call for more info!
Full Property Details
Full Property Details for 116 Fairview St
General
- Sold For: $408,500
- Status: Closed
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4252244
- Added to Site: 241 day(s) ago
Interior
- Appliances: Dishwasher, Electric Range, Refrigerator, Other
- Flooring: Carpet, Linoleum, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 4
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: In Hall, Laundry Closet, Main Level, Other - See Remarks
Parking
- Parking Features: Parking Space(s)
Location
- County: Cleveland
- Driving Directions: From Shelby, take Hwy 150/College Ave toward Boiling Springs. Turn Right on Fairview St. Or, Hwy 74 West, turn Left on Old Boiling Springs Rd, Right on College Ave, then Right on Fairview St.
School Information
- Elementary School: Boiling Springs
- Middle School: Crest
- High School: Crest
Community
- Pets: Number Limit
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected
Structural Information
- Architectural Style: Traditional
- Construction: Site Built
- Exterior Const.: Brick Partial, Block
- Basement: Yes
- Basement Desc.: Apartment, Finished, Full, Walk-Out Access
- Roof: Composition
- Square Feet: 3,407
- Year Built: 1993
Lot Features
- Street/Road Desc.: Concrete, Paved
- Lot Features: Paved, Sloped, Wooded
Horse Property
- Horse Facility Desc.: None
Financial Considerations
- Terms: Cash, Conventional, FHA
- Tenant Pays: All Utilities
Disclosures and Reports
- Special Conditions: Subject to Lease
- Property ID: 1056
- Lot Number: 1099-1197
Listed by Keller Williams Unified
Sold by Keller Williams Unified
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Schools
Schools serving 116 Fairview St
School District:Cleveland County Schools
| Name | Grades | Distance |
|---|---|---|
Boiling Springs Elementary School, Shelby, NC 1522 Patrick Avenue, Shelby, NC 28152 | PK-5 | 1 mi |
Crest Mid School Of Technology 315 Beaverdam Church Rd, Shelby, NC 28150 | 6-8 | 3 mi |
Crest High School 800 Old Boiling Springs Road, Shelby, NC 28152 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 Fairview St
Date
Details
Price
Change
Source
11/12/2025
Sold
$408,500
-9.22%
MLS
9/05/2025
Price Reduced
$450,000
-14.29%
MLS
8/07/2025
Price Reduced
$525,000
-2.6%
MLS
6/18/2025
Price Reduced
$539,000
-2%
MLS
5/21/2025
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
116 Fairview Street, Shelby, NC 28152 (MLS# 4252244) is a Single Family property that was sold at $408,500 on November 12, 2025. Want to learn more about 116 Fairview Street? Do you have questions about finding other Single Family real estate for sale in Shelby? You can browse all Shelby real estate or contact a Coldwell Banker agent to request more information.

