8-Unit Apartment
For Sale
$1,100,000
102 King Henry Lane, Granite Falls, NC 28630
Residential Income, Granite Falls, NC
Property SizeContact for details
Lot Size1.61 Acres
Days on Market48
Property Features for 102 King Henry Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R8
Zoning description
R-8
Bedrooms
17
Bathrooms
7
Full bathrooms
9
Half bathrooms
8
Rooms
Bedroom 6, Bedroom 2, Bedroom 14, Bathroom 1, Bedroom 13, Bedroom 9, Bedroom 15, Bedroom 10, Bathroom 4, Bedroom 17, Bedroom 7, Kitchen, Bathroom 7, Bedroom 8, Bathroom 6, Bedroom 3, Bedroom 11, Bathroom 3, Bedroom 1, Bedroom 5, Bedroom 16, Bathroom 2, Bedroom 4, Bedroom 12, Bathroom 5
Parking features
Assigned
Patio and Porch features
Patio
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Elementary school
Granite Falls
Middle school
Granite Falls
High school
South Caldwell
Directions
From N Main St in Granite Falls, turn onto W Highland Ave beside Granite Falls Middle School. Turn right onto Sunset St. Turn left onto Camelot Dr. Turn left onto Robinhood Dr. Turn right onto King Henry Ln. 8 Unit Apartment Complex is located on the left.
Standard status
Active
APN
08 24A 1 1
Lot size
1.61 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
BK 2074 PG 603 YR 23 ST 0.00
Legal Description
BK 2074 PG 603 YR 23 ST 0.00
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1999
Floors in Building
2
Number of units
8
Flooring type
Tile, Vinyl, Carpet
Building materials
Brick Partial, Vinyl
Architectural style
Other
Listing Agency:
Baker Realty
(828) 726-0003
Listed By:
Lisa Starnes · License #286063
(828) 234-6553
Added: Sep 13
Changed: Oct 28
Last Checked: Oct 30 at 8:06AM
MLS# 4411677
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This eight-unit apartment property offers a mix of seven two-bedroom, 1.5-bath residences and one three-bedroom, 2.5-bath unit. The seven similar apartments have living rooms, kitchens, half baths, patios, and utility rooms on the ground floor, with two bedrooms, a full bathroom, and laundry closets upstairs. The larger residence includes a sunroom, pantry, laundry room, and an attached single-car garage with a carport; its upper floor has three bedrooms. Kitchens in all units are fitted with refrigerators, ranges, microwaves, and dishwashers. Flooring combines carpet, tile, and vinyl. The property was built in 1999 and sits on 1.61 acres in Granite Falls. Zoning is R8. All eight apartments are leased. Tenants pay their own utility costs, with water, sewer, and electric service provided through the town. The property has public sewer, central air, electric heat, assigned parking, and patios.
Key Highlights
- Eight apartments: seven with 2 bedrooms and 1.5 baths, plus one with 3 bedrooms and 2.5 baths
- All 8 units are leased
- 1.61‑acre property zoned R8
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Explore this area
Business Placement
Demographics for 28630, NC
19,772
Population
9,220
Households
2.1
Avg Household Size
44
Median Age
18%
College-Educated
82%
High-School Grad
61.0 sq mi
ZIP Area
324
Density / Sq Mi
$65,713
Median Household Income
$41,407
Median Earnings
$808
Median Rent
$197,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - All residences are leased and include kitchens equipped with a refrigerator, range, microwave, and dishwasher.
Where is this apartment building located?
The property is located at 102 King Henry Lane Granite Falls, NC.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Eight apartments: seven with 2 bedrooms and 1.5 baths, plus one with 3 bedrooms and 2.5 baths; All 8 units are leased; 1.61‑acre property zoned R8
