Interested in scaling your portfolio, or jumping into your first house hack? Then welcome to your next investment opportunity! 42 S Gamble features a fully-occupied, income-producing, side by side duplex right in the heart of Shelby. Both units are incredibly spacious, with 3 bedrooms & 2 bathrooms each, & feature recent cosmetic renovations. Ample off-street parking for tenant accommodation, as well as in-unit laundry hookups too, for more added value. The units are also separately metered, with tenants paying their own utilities, making this a low-hassle income stream. Units with this type of space and functionality are always in high demand, thus lowering your turnover and vacancy rate. Local rental comps suggest a going market rent of $1000/mo or higher. With a strong local rental demand, coupled with the current lease flexibility, this multifamily property is a suitable asset to fit any investor needs, whether that is to scale your portfolio or start a house hack!
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Zillow last checked:
Listing updated:
Listed by:
Riley Hicks,
Dream Huge Realty
Source: MAR,MLS#: 9074011
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Heating
Forced Air, Natural Gas
Cooling
Window Unit(s)
Features
Basement: Full
Interior area
Finished area above ground: 2,680
Property
Parking
Total spaces: 8
Parking features: See Remarks, Concrete, Gravel
Has uncovered spaces: Yes
Features
Frontage length: 60
Lot
Features: City Lot
Details
Parcel number: 0460810917000
Zoning: RS-Residential Districts
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Vinyl Siding
Roof: Composition
Condition
Year built: 1900
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Location
Region: Shelby
Financial & listing details
Tax assessed value: $139,220
Annual tax amount: $1,047
Date on market: 7/14/2026
Listing terms: Cash,Conventional
Tenant pays: Electricity, Gas, Sewer, Snow Removal, Trash Collection, Water
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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