505 S Lafayette Street Shelby, NC $ 279,000
505 S Lafayette Street
$ 279,000
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505 S Lafayette Street

Shelby, NC, 28150
$ 279,000
Bedrooms-- Baths0.2 Sq 1,780

Monthly Estimate*

$ 1,927

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Single Family Home for sale in Shelby, NC

for $279,000 with 2 half baths. This 1,780 square foot home was built in 1930 on a lot size of 0.18.

Welcome to downtown Shelby, where historic charm and modern updates come together in this beautifully renovated brick property. Filled with character and timeless appeal, this unique space offers endless possibilities — whether you are seeking office space, an investment opportunity, or the chance to create something entirely your own. Currently zoned General Business (GB), the city zoning also permits residential use, offering exceptional flexibility for future owners. The building is presently configured as two office suites, with one side occupied on a short-term lease, but it could easily be converted back into a single residential space. Rich in history and architectural character, the property is included on the National Register of Historic Places Continuation Sheet, further enhancing its distinctive appeal and connection to the heritage of downtown Shelby. Conveniently located approximately 0.5 miles from US-74 and just outside the Central Shelby Historic District, the property provides easy access to local dining, shopping, and the vibrant energy of downtown living. Whether you envision a professional office, boutique business, income-producing investment, live/work concept, or charming downtown residence, this versatile property presents a rare opportunity to own a piece of Shelby’s history while enjoying the convenience and growth of one of the area’s most desirable downtown locations.

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Single Family Contingent

Price

$ 279,000

Half Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.18

Year Built

1930

Town/City

Shelby

County/Region

Cleveland

MLS | Web ID

4387366

Features
General
Living Area 1780
Sewer Public Sewer
Heating Central
Cooling Central Air
Appliances Refrigerator
Construction Materials Brick Full
Year Built 1930
Levels One
Property Subtype Single Family Residence
Parcel Number 72354
Accessibility Handicap Parking Ramp(s)-Main Level
County Cleveland
New Construction N
Property Type Residential
HOA N
Subdivision Name none
Garage Y/N N
Full Baths 0
High School Shelby
City Shelby
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Shelby
Additional Parcels Y/N N
Standard Status Active Under Contract
Construction Type Site Built
Tax Assessed Value 243539
Listing Terms Cash Conventional FHA VA Loan
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Exterior
Parking Features Parking Space(s)
Water Source City
Lot Size Area 0.18
Foundation Details Crawl Space
Road Surface Type Asphalt Concrete
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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Interior
Fireplace Features Other - See Remarks
Basement (Y/N) N
Fireplace Y/N Y
Above Grade Finished Area 1780
Half Baths 2
Laundry Features None
Total Bedrooms 0
Below Grade Finished Area 0
Total Baths 2
SqFt Main 1780
SqFt Lower 0
SqFt Upper 0
Bedroom 0
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Internal Only
Street Number 1 505
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* Excluded Features
List By
Exp Realty Llc

Broker

Affordability Calculator

$1,927
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,927
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2555933 Elementary School
293899 Middle School
Shelby High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2026$279,000 Listed Price

Map


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505 S Lafayette Street, Shelby, NC, 28150 is a Single Family Home for sale at $279,000 with 1,780 sqft and a lot size of 0.18. 505 S Lafayette Street has 0.2 baths and was built in 1930. The property's zip code is 28150 which is in Shelby, NC