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$120,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 1517 7th St
General
- Price: $120,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4362844
- Updated: 3/27/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Dishwasher, Oven, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Electric Dryer Hookup, Washer Hookup
Parking
- Carports: Yes
- Carport Spaces: 2
- Parking Features: Attached Carport, Driveway
Location
- County: Iredell
- Subdivision: Unknown
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Shingle/Shake, Vinyl
- Main/1st Level: 830 Sq. Ft.
- Year Built: 1940
Lot Features
- Street/Road Desc.: Concrete
Financial Considerations
- Terms: Cash, Conventional, FHA, Owner Financing, VA Loan
Disclosures and Reports
- Property ID: 4733-88-5394.000
- Lot Number: 2856-898
Listed by Underwood Properties 2 LLC
Get Pre-Approved Today
Schools
Schools serving 1517 7th St
School District:Iredell-Statesville Schools
| Name | Grades | Distance |
|---|---|---|
Troutman Elementary School 220 South Main Street, Troutman, NC 28166 | K-5 | 4.4 mi |
Troutman Middle School 305 Rumple Street, Troutman, NC 28166 | 6-8 | 4.6 mi |
Statesville High School 474 North Center Street, Statesville, NC 28677 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1517 7th St
Date
Details
Price
Change
Source
3/27/2026
Listed
$120,000
-68%
MLS
9/29/2021
Sold
$375,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1517 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$517
—
$44,910
—
2024
$517
—
$44,910
—
2023
$517
32%
$44,910
126%
2021
$392
17%
$19,860
—
2022
$336
-14%
$19,860
—
2020
$392
8%
$19,860
4%
2018
$364
1%
$19,050
—
2016
$360
-8%
$19,050
-4%
2019
$390
59%
$19,860
4%
2014
$246
—
$19,050
-12%
2013
$246
—
$21,620
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1517 7th St
1517 7th Street, Statesville, NC 28677 (MLS# 4362844) is a Single Family property with 2 bedrooms and 1 full bathroom. 1517 7th Street is currently listed for $120,000 and was received on March 27, 2026. Want to learn more about 1517 7th Street? Do you have questions about finding other Single Family real estate for sale in Statesville? You can browse all Statesville real estate or contact a Coldwell Banker agent to request more information.

