Four-Unit Renovated
2106 Pax Hill Road, Morganton, NC 28655
For Sale
$499,999
Four one-bedroom apartments are fully occupied, with tenants responsible for utilities other than water.
Property Size1,990 SF
Price / SF$189.39
Days on Market11
Property Features for 2106 Pax Hill Road
General Information
Standard status
Size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
Septic Installed
Additional parcels description:, Parcel Number: 8804, Assessed Value: $281,304
Central Air
Central, Heat Pump
In Unit
Listing ID: CAR4438151, Standard Status: Active, MLS Status: Active, Property Subtype: Apartment, Special Conditions: None
Parking Lot
Elementary School: Mountain View, Middle School: Walter Johnson, High School: Freedom
4 total bedrooms
Built in 1990, Living area: 2640, Construction Materials: Brick Partial, Vinyl
County/Parish: Burke
4 full bathrooms
Water Source: City
Crawl Space
Water
Allowed: No
All except water
Road Responsibility: Publicly Maintained Road, Road Surface: Asphalt, Paved
Electric Oven, Refrigerator
Building Details
Building Size
Year Built
Listing Agency:
C Shane Cook & Associates
(828) 437-7400
Listed By:
Mike Shehan · License #339489
(828) 443-5373
Source:
Blackstreaminternational
Added: Oct 30
Changed: Nov 8
Last Checked: Nov 8 at 6:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of C Shane Cook & Associates
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,640-square-foot quadplex contains four one-bedroom, one-bathroom apartments. The property was built in 1990 and has been renovated. A water heater was installed in 2025, three HVAC systems are less than three years old, and all appliances are less than five years old. The parking lot has been repaved.
The property is located between Morganton and Lenoir, North Carolina. All four apartments are occupied. The owner pays for water, while tenants cover the remaining utilities.
The property is located between Morganton and Lenoir, North Carolina. All four apartments are occupied. The owner pays for water, while tenants cover the remaining utilities.
Key Highlights
- Four one‑bedroom, one‑bathroom units
- 2,640 square feet; built in 1990
- Fully occupied; owner pays water and tenants pay other utilities
Property Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Explore this area
Business Placement
Demographics for 28655, NC
55,328
Population
24,542
Households
2.3
Avg Household Size
43
Median Age
21%
College-Educated
84%
High-School Grad
325.0 sq mi
ZIP Area
170
Density / Sq Mi
$53,464
Median Household Income
$34,191
Median Earnings
$827
Median Rent
$170,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom apartments are fully occupied, with tenants responsible for utilities other than water.
Where is this quadplex located?
The property is located at 2106 Pax Hill Road Morganton, NC.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Four one‑bedroom, one‑bathroom units; 2,640 square feet; built in 1990; Fully occupied; owner pays water and tenants pay other utilities
