2028 Kennedy DR # 157
Statesville, 28677
$1,865,000
 Active / For Sale / #4332721
Logo
: 17
: 32
: 13480 sqft
: 2.4 ac

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.

GeneralGeneral

 Listing DetailsListing Details
4332721
Active
$1,865,000
28677
Statesville
January 7, 2026
 Building & Lot DetailsBuilding & Lot Details
16
(RINC)Portfolio
1969
13,480 sqft
17
2.4 ac
4724-91-1272
 SchoolsSchools
Unspecified
Unspecified
Unspecified
UnitsUnits
Unit 1
3
1
Unit 2
3
3
Unit 3
5
3
Unit 4
2
1
Unit 5
2
1
Unit 6
2
1
Unit 7
3
1
Unit 8
2
1
Unit 9
2
1
Unit 10
2
1
Unit 11
3
1
Unit 12
3
1
 DetailsDetails
Electric Oven , Refrigerator
No
Statesville
Vinyl
Site Built
Central Air
Iredell
Concrete
Unspecified
No
Slab
Central
Unspecified
Electric Dryer Hookup , Lower Level , Washer Hookup
13480.00
Unspecified
No
Driveway , On Street
Conditional
4819
Publicly Maintained Road
Architectural Shingle , Composition Shingle , Insulated
City Sewer
None
120890.00
L57 BL A LINCOLN ESTATES9-36
City Water
R5M
Thomas Underwood
323727
Underwood Properties 2 LLC

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Brokerage: Underwood Properties 2 LLC
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