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    Hickory NC Multifamily Investment Opportunity
    Updated: Sep 8, 2025
    Hickory NC Multifamily Investment Opportunity

    218 37th Street SW, Hickory, NC 28602

    $675,000
    600 sqft · 2.52 AC lot
    12‑unit multifamily property in Hickory, NC
    7 of the 12 units are currently leased; the other 5 are in the process of getting ready
    Sits on approximately 2.5 acres
    Built in 2013
    Public sewer
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    Hickory NC Multifamily Investment
    Updated: Sep 8, 2025
    Hickory NC Multifamily Investment

    303 37th Street SW, Hickory, NC 28602

    $750,000
    600 sqft · 2.48 AC lot
    10‑unit multifamily investment property available in Hickory, NC
    Total property acreage of roughly 2.4 acres (for the 10 units)
    Year built: 1998
    Cooling includes central air and window/wall unit(s)
    Public water and public sewer
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    Hickory Multifamily Investment Opportunity
    Hickory Multifamily Investment Opportunity

    1357 Airport Rhodhiss Road, Hickory, NC 28601

    $550,000
    3.04 AC lot

    Multifamily units for sale in Hickory, North Carolina.

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    Hickory Multifamily Investment Opportunity
    Hickory Multifamily Investment Opportunity

    386 17th Ave NE, Hickory, NC 28601

    $3,075,000
    26,000 sqft

    41-unit multifamily property with value-add potential in Hickory, NC.

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    Downtown Hickory Investment Opportunity
    Downtown Hickory Investment Opportunity

    118 3rd Ave NW, Hickory, NC 28601

    $699,000
    4,436 sqft

    Mixed-use building with apartments and commercial space in downtown Hickory.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Hickory, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Full Brick 8-Plex Apartment Building
    Full Brick 8-Plex Apartment Building

    1655 Webb Street, Gastonia, NC 28052

    $1,045,000
    0.56 AC lot

    Full brick two-building 8-plex with uniform 2-bedroom units, laundry hookups, and wall heating and air in each unit.

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    Historic Mill Redevelopment Opportunity
    Historic Mill Redevelopment Opportunity

    501 N Mountain Street, Cherryville, NC 28021

    $1,700,000
    4.97 AC lot

    Redevelopment opportunity near downtown Cherryville with strong local support.

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    Gastonia Commercial Opportunity: Four Parcels
    Gastonia Commercial Opportunity: Four Parcels

    312 W 2nd Avenue, Gastonia, NC 28052

    $3,000,000
    2.10 AC lot

    Four parcels near downtown Gastonia, suitable for apartments or car wash.

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    Historic Mill Redevelopment Opportunity
    Historic Mill Redevelopment Opportunity

    501 N Mountain Street, Cherryville, NC 28021

    $1,700,000
    152,000 sqft · 4.97 AC lot

    152,000+- SF historic mill on 4.97 acres for sale.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details

    Off-Market Properties in Hickory, NC

    Consider similar Off-Market properties in Hickory, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3073 Short Rd, Unit 101
    GARDEN APT, COURT APT (5+ UNITS)

    3073 Short Rd, Hickory, NC 28602-8785

    Unit 101
    Value Estimation by Request
    31,111 sqft · 8.79 AC lot
    View details
    972 8th NW Ave
    GARDEN APT, COURT APT (5+ UNITS)

    972 8th NW Ave, Hickory, NC 28601-3420

    $950,000
    Estimated value
    7,560 sqft · 0.45 AC lot
    View details
    452 8th SE Ave
    GARDEN APT, COURT APT (5+ UNITS)

    452 8th SE Ave, Hickory, NC 28602-3629

    Value Estimation by Request
    4,545 sqft · 0.55 AC lot
    View details
    810 10th St NW Blvd, Unit 1
    GARDEN APT, COURT APT (5+ UNITS)

    810 10th St NW Blvd, Hickory, NC 28601-3407

    Unit 1
    Value Estimation by Request
    4,000 sqft · 0.51 AC lot
    View details
    41 22nd NE Ave
    GARDEN APT, COURT APT (5+ UNITS)

    41 22nd NE Ave, Hickory, NC 28601-1456

    $985,000
    Estimated value
    9,632 sqft · 1.09 AC lot
    View details
    1090 17th NW Ave
    GARDEN APT, COURT APT (5+ UNITS)

    1090 17th NW Ave, Hickory, NC 28601

    $1,050,000
    Estimated value
    7,000 sqft · 1.10 AC lot
    View details
    1104 10th NE Ave
    GARDEN APT, COURT APT (5+ UNITS)

    1104 10th NE Ave, Hickory, NC 28601-4046

    Value Estimation by Request
    4,617 sqft · 0.54 AC lot
    View details
    626 19th SW St
    GARDEN APT, COURT APT (5+ UNITS)

    626 19th SW St, Hickory, NC 28602

    Value Estimation by Request
    6,300 sqft · 0.44 AC lot
    View details
    414 11th SW St, Unit 11A
    GARDEN APT, COURT APT (5+ UNITS)

    414 11th SW St, Hickory, NC 28602-2665

    Unit 11A
    Value Estimation by Request
    6,732 sqft · 3.75 AC lot
    View details
    605 1st SE Ave, Unit 1
    GARDEN APT, COURT APT (5+ UNITS)

    605 1st SE Ave, Hickory, NC 28602-4001

    Unit 1
    $535,000
    Estimated value
    10,416 sqft · 0.52 AC lot
    View details
    1601 4th NE St, Unit 16
    GARDEN APT, COURT APT (5+ UNITS)

    1601 4th NE St, Hickory, NC 28601-2066

    Unit 16
    $900,000
    Estimated value
    12,522 sqft · 1.09 AC lot
    View details
    1655 20th Ave NE Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1655 20th Ave NE Dr, Hickory, NC 28601-0554

    Value Estimation by Request
    10,074 sqft · 2.66 AC lot
    View details
    1655 20th Ave NE Dr, Unit 85
    GARDEN APT, COURT APT (5+ UNITS)

    1655 20th Ave NE Dr, Hickory, NC 28601-0500

    Unit 85
    Value Estimation by Request
    13,370 sqft · 4.15 AC lot
    View details
    1655 20th Ave NE Dr, Unit 8
    GARDEN APT, COURT APT (5+ UNITS)

    1655 20th Ave NE Dr, Hickory, NC 28601-0553

    Unit 8
    Value Estimation by Request
    7,998 sqft · 6.11 AC lot
    View details
    606 9th SW St, Unit 19
    GARDEN APT, COURT APT (5+ UNITS)

    606 9th SW St, Hickory, NC 28602-3255

    Unit 19
    $575,000
    Estimated value
    7,452 sqft · 0.56 AC lot
    View details
    405 17th NE Ave, Unit 18
    GARDEN APT, COURT APT (5+ UNITS)

    405 17th NE Ave, Hickory, NC 28601-2081

    Unit 18
    $1,750,000
    Estimated value
    13,950 sqft · 2.34 AC lot
    View details
    460 14th NE Ave, Unit 1
    GARDEN APT, COURT APT (5+ UNITS)

    460 14th NE Ave, Hickory, NC 28601-2069

    Unit 1
    $890,000
    Estimated value
    8,432 sqft · 0.89 AC lot
    View details
    241 16th NE Ave, Unit 1
    GARDEN APT, COURT APT (5+ UNITS)

    241 16th NE Ave, Hickory, NC 28601-1969

    Unit 1
    $595,000
    Estimated value
    8,064 sqft · 0.35 AC lot
    View details
    402 Ctr St
    APARTMENT HOUSE (UNDER 5 UNITS)

    402 Ctr St, Hickory, NC 28602-3521

    Value Estimation by Request
    3,840 sqft · 0.06 AC lot
    View details

    Hickory, NC Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Hickory, NC, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 31,636 square feet of properties for sale, with an estimated market value of $5,199,000.

    Sale prices for two-family homes in Hickory, NC start at $675,000, averaging $1,299,750, and reaching up to $3,075,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 82K
    Population Growth (5Y) +1.4%
    Median Household Income $63,629
    College Educated 23.2%

    High-Yield Neighborhoods for Investment

    Identify Hickory submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28602 $712.5K
    28601 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 0.84%
    Property Tax per SF $12.09 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Catawba County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Hickory, NC

    • 28601
    • 28602

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