Lenoir Multifamily Investment
3354 Clay Apartments Court, Lenoir, NC 28645
MULTI_FAMILY - Lenoir, NC
Lot size:
2.00 Acres- Added:
- Mar 18, 2026
- Days on Market:
- 59
- Last Refresh:
- May 15 at 8:06 pm
Property Features for 3354 Clay Apartments Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 32
- Bathrooms
- 16
- Rooms
- Bathroom 10, Bathroom 5, Bedroom 31, Bedroom 6, Bathroom 14, Bedroom 20, Bedroom 18, Bedroom 21, Bedroom 26, Bedroom 32, Bedroom 29, Bathroom 2, Bedroom 28, Bathroom 3, Bedroom 5, Bathroom 7, Bedroom 14, Bathroom 9, Bathroom 11, Bedroom 30, Bedroom 2, Bedroom 17, Bedroom 10, Bedroom 8, Bedroom 12, Bathroom 1, Bedroom 13, Bedroom 27, Bedroom 16, Bedroom 22, Bedroom 4, Bathroom 13, Bedroom 7, Bedroom 24, Bedroom 3, Bedroom 25, Bedroom 11, Bedroom 23, Bathroom 12, Bedroom 15, Bathroom 8, Bathroom 15, Bathroom 4, Bathroom 16, Bedroom 1, Bedroom 19, Bathroom 6, Bedroom 9
- Pets allowed
- Yes
- Appliances
- Oven
- Standard status
- Pending
- APN
- 06244-3-13
- Lot size
- 2.00 Acres
Taxes and HOA fees
- Tax Description
- BK 2035 PG 598 YR 2021 ST 2150.00
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Ductless (Heating)
- Cooling system
- Ceiling Fan(s), Central Air, Ductless, Window Unit(s)
Building Details
- Year built
- 1960
- Number of units
- 16
- Building materials
- Vinyl
- Roof type
- Aluminum, Shingle
Listing agent Jennifer Mech (704) 526-8252
Listing office Keller Williams Lake Norman 19721 Bethel Church Road, Cornelius, NC (704) 892-5518
Listing date Mar 18, 2026
MLS# 4358691
Listing URL
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.
HighLights
- Priced below appraisal, offering instant equity and cash flow potential.
- 16‑unit community consisting of 8 duplex homes, providing a substantial investment opportunity.
- Recent upgrades include newer vinyl siding, roofs, furnaces, and air handlers/mini‑splits, reducing potential maintenance costs.
- All units are currently occupied, generating immediate income with potential for rent increases.
- Convenient location: 10 minutes to Lenoir, 25 minutes to Hickory, and 20 minutes to Morganton.
- City water and sewer connections for all units.
Overview
This 16-unit multifamily community in Lenoir, North Carolina, presents an investment opportunity. The property consists of eight duplex homes, each featuring two bedrooms and one bathroom, situated on a private road. All units are connected to city water and city sewer services. The buildings have newer vinyl siding, roofs, furnaces, and air handlers or mini-splits. One of the roofs was replaced in February, and several hot water heaters have been replaced. Electrical and plumbing have been updated as needed. All units are currently occupied and generating cash flow, with potential for rent increases. Units are equipped with stoves and refrigerators. Tenants are responsible for all utilities, while the owner covers lawn mowing twice per month. The location is approximately 10 minutes from Lenoir, 25 minutes from Hickory, and 20 minutes from Morganton, with proximity to schools, shopping, and dining. The property is situated on a 2-acre lot.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Lenoir
- County
- Caldwell
- State
- North Carolina
- Longitude
- -81.602795
- Latitude
- 35.866207
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 16-unit multifamily property in Lenoir, NC with cash flow.
Where is this apartment building located?
The property is located at 3354 Clay Apartments Court Lenoir, NC.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Priced below appraisal, offering instant equity and cash flow potential.; 16‑unit community consisting of 8 duplex homes, providing a substantial investment opportunity.; Recent upgrades include newer vinyl siding, roofs, furnaces, and air handlers/mini‑splits, reducing potential maintenance costs.
