Four-Unit Multifamily
For Sale
$320,000
1101 College Avenue SW, Lenoir, NC 28645
Residential Income, Lenoir, NC
Property SizeContact for details
Lot Size0.25 Acres
Days on Market252
Property Features for 1101 College Avenue SW
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning description
R-6
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 4, Bathroom 5, Bedroom 5, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4
Parking features
Driveway, Garage - Detached, On Street
Elementary school
Unspecified
Middle school
Unspecified
High school
Unspecified
Standard status
Active
APN
06-13-4-7
Lot size
0.25 Acres
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
BK 2033 PG 986 YR 21 ST 300.00
Legal Description
BK 2033 PG 986 YR 21 ST 300.00
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Building Details
Year built
1920
Number of units
3
Building materials
Hard Stucco
Listing Agency:
Nestlewood Realty, LLC
(704) 302-4464
Listed By:
Alba Carbajal Martinez
(828) 449-5227
Added: Feb 18
Changed: Oct 23
Last Checked: Oct 28 at 7:06AM
MLS# 4345154
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.
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Investment Insights
Based on property information with market context.
This 1920 multifamily property contains four separately operated units on a 0.25-acre parcel in Lenoir. The current owner completed electrical updates and other improvements, while a new roof was installed in 2023. Units are equipped with window HVAC systems, and one unit does not include a kitchen.
Tenancies are structured on a month-to-month basis. The property has hard stucco construction, public sewer service, and parking options that include on-street parking, a driveway, and a detached garage. The configuration includes six bedrooms and five bathrooms across the property.
Tenancies are structured on a month-to-month basis. The property has hard stucco construction, public sewer service, and parking options that include on-street parking, a driveway, and a detached garage. The configuration includes six bedrooms and five bathrooms across the property.
Key Highlights
- Four separately operated residential units
- New roof installed in 2023
- Electrical updates and improvements completed by current owner
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
818
Businesses Nearby
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Business Placement
Demographics for 28645, NC
46,004
Population
21,558
Households
2.1
Avg Household Size
45
Median Age
17%
College-Educated
82%
High-School Grad
329.1 sq mi
ZIP Area
140
Density / Sq Mi
$50,529
Median Household Income
$34,526
Median Earnings
$726
Median Rent
$157,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Four separate units offer flexible occupancy with month-to-month lease terms and recent property improvements.
Where is this multifamily property located?
The property is located at 1101 College Avenue SW Lenoir, NC.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Four separately operated residential units; New roof installed in 2023; Electrical updates and improvements completed by current owner
