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506 E Marion Street, 
Shelby, NC 28150

$699,000

10

Beds

5

Baths

4,980

Sq Ft

Multi-Family

Active

Listed by

Matt Kalnen

, 

Heidi Thorne

My Home Clt

Last updated:

September 26, 2025, 01:22 PM

MLS#

4305577

Source:

CH

About This Home

506 E Marion Street

Discover this beautifully renovated, turnkey investment opportunity in the heart of Shelby. This multi-unit property features five units, three of which are already leased, providing immediate income potential. Ideally located just a short drive from the vibrant downtown area, this investment gem is ready for its next owner. Renovated in 2022, the property boasts modern updates, including new wiring, HVAC systems, kitchens, appliances, and more. With all the hard work already done, this property is primed and ready for its new owner to start collecting rent. Don’t miss the chance to make this exceptional investment yours!

Home Facts

Multi-Family

5 Baths

10 Bedrooms

Built in 1951

Price Summary

699,000

$140 per Sq. Ft.

MLS #:

4305577

Last Updated:

September 26, 2025, 01:22 PM

Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5

Interior

Living Area:

4,980 Sq. Ft.

Structure

Structure

Building Area:

4,980 Sq. Ft.

Year Built:

1951

Lot

Lot Size (Sq. Ft):

51,400

Finances & Disclosures

Finances

Price:

$699,000

Price per Sq. Ft:

$140 per Sq. Ft.

MLS Logo
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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.