2588 Old Shelby Road Hickory, NC $ 531,000
2588 Old Shelby Road
$ 531,000
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2588 Old Shelby Road

Hickory, NC, 28602
$ 531,000
Bedrooms-- Baths0.0 Sq 3,500

Monthly Estimate*

$ 3,667

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Multi-Family Home for sale in Hickory, NC

for $531,000. This 3,500 square foot home was built in 1950 on a lot size of 6.07.

Rare multi-property opportunity on approximately 6 acres in Hickory! Offered together as two parcels, this unique property provides multiple residences, acreage, and incredible flexibility for an investor or multigenerational living. One parcel consists of approximately 1.98 acres with a 2-bedroom, 1-bath single-family residence. The adjoining parcel encompasses approximately 4 acres and features additional residential units, primarily offering 2 bedrooms and 1 bath each. Separate electric service is provided for the residences, while three of the properties share a well. Adding to the versatility is an RV hookup on the property. There is also a two-story storage building with power, providing excellent space for storage, workshop use, or hobby needs. A covered patio provides a great gathering space, along with an outdoor fireplace area designed for entertaining and gathering. The property also features established fruit trees, adding charm and seasonal enjoyment. A creek runs along the acreage, further enhancing the natural setting and character of the land. Whether you're looking to expand a rental portfolio, live on-site while maintaining additional residences, or create a multigenerational family property where everyone can live nearby while still enjoying their own space, this property offers possibilities that are difficult to find in one location. Conveniently located along Old Shelby Road in Hickory, this is an opportunity to own multiple residences and approximately six acres together in one offering.

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Multi-Family Active

Price

$ 531,000

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

6.07

Year Built

1950

Town/City

Hickory

County/Region

Catawba

MLS | Web ID

4415180

Features
General
Living Area 3500
Sewer Septic Installed
Heating Electric
Cooling Window Unit(s)
Roof Composition
Appliances Refrigerator
Garage Spaces 0
Construction Materials Synthetic Stucco
Exclusions shipping container
Pets Allowed No
Year Built 1950
Tenant Pays Electricity Internet
Property Subtype Portfolio
Parcel Number 2781167470390000
Additional Parcels Description 278115743164
County Catawba
New Construction N
Property Type Residential Income
HOA N
Garage Y/N N
Other Structures Outbuilding Workshop
High School Hickory
City Hickory
Senior Community Y/N N
Number Of Units Total 3
Lot Size Units Acres
Carport Spaces 0
Carport Y/N N
Elementary School Longview/Southwest
Middle/Junior High School Grandview
Additional Parcels Y/N Y
Virtual Tour https://www.zillow.com/view-imx/922c648b-3e52-45b0-aa31-67d2ac59057b?initialViewType=pano&utm_source=dashboard https://www.zillow.com/view-imx/922c648b-3e52-45b0-aa31-67d2ac59057b?initialViewType=pano&utm_source=dashboard
Standard Status Active
Construction Type Site Built
Tax Assessed Value 94900
Listing Terms Cash Other - See Remarks
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Interior
Basement Finished Walk-Out Access
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 2300
Laundry Features Utility Room
Below Grade Finished Area 1200
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Exterior
Exterior Amenities Hot Tub
Parking Features Driveway RV Access/Parking
Lot Features Level Creek/Stream Wooded
Water Source Shared Well
Lot Size Area 6.07
Foundation Details Slab
Building Area Total 3500
Road Surface Type Dirt Gravel Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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Internal Only
Street Number 1 2588
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* Excluded Features
List By
Hart Real Estate

Broker

Affordability Calculator

$3,667
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,667
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
2224800 Elementary School
294104 Middle School
Hickory High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2026$531,000 -1.67% Price Down
9/24/2026$540,000 -1.64% Price Down
8/17/2026$549,000 Listed Price

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2588 Old Shelby Road, Hickory, NC, 28602 is a Multi-Family Home for sale at $531,000 with 3,500 sqft and a lot size of 6.07. 2588 Old Shelby Road has 0.0 baths and was built in 1950. The property's zip code is 28602 which is in Hickory, NC