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403 S Race St, Statesville, NC, 28677

4beds
3baths
2,736sqft
$269,000
$98price/sqft
$1,963/moest. monthly cost
$78,520/yrincome needed

About This Home

Investor-ready triplex just minutes from historic Downtown Statesville and local restaurants. Home converted into three 1BR/1BA units in the late 1990s, featuring 12 ft ceilings, hardwood floors, vintage details, and central air. Non-functional fireplace. Strong cash flow with consistent tenants and solid rental history. Excellent location and convenience—units lease quickly and stay occupied.

Getting Around

63
WalkingSomewhat Walkable
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

3/10
1/10
2/10
Statesville High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1896

Materials

  • Foundation: Crawl Space
  • Construction materials: Wood

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Appliances included: Electric Oven,Refrigerator
  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,736

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 2,736
  • Total interior livable area: 2,736 sqft

Property

Details

  • Parcel number: 4734833736.000
  • Zoning: R8 HD
  • Special condition: Standard

Lot

  • Lot size: 0.34 Acres

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Ice Storm
Strong Wind

FEMA Declared Disasters in Iredell County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,360$16,320
Home Insurance *$105$1,260
Property Taxes $244$2,928
Electricity $254$3,057
Total$1,963$23,556
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,302/yr
40% on housing$58,890/yr
45% on housing$52,346/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.7%
15.7%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$98This listing

vs Other Active Listings

Avg $/sqft

ZIP 28677$130
Iredell County$213

vs Homes Sold Last Month

Median $/sqft

ZIP 28677$173
Iredell County$191

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-01Price change$269,000
2026-07-09Listed for sale$285,000
2023-02-09Sold$228,200
2023-02-08Pending sale$249,900
2023-02-07Listing removed--
2023-02-02Pending sale$249,900
2022-09-21Price change$249,900
2022-08-19Listed for sale$279,900
2010-06-30Sold$150,000
2003-06-13Sold$75,000

For Sale by Agent

AgentShawn Eckles
BrokerageEXP Realty LLC Mooresville

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