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Triplex
For Sale
$648,000

E Meeting Street, Morganton, NC 28655

Residential Income, Morganton, NC

Property SizeContact for details
Lot Size0.59 Acres
Days on Market140

Property Features for E Meeting Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R-3
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 12, Bedroom 2, Bathroom 1, Bedroom 11, Bathroom 5, Bedroom 4, Bathroom 3, Bathroom 4, Basement, Bedroom 5, Kitchen, Bedroom 7, Bathroom 2, Bedroom 1, Bathroom 6, Bedroom 9, Bedroom 8, Bedroom 6, Bedroom 10, Bedroom 3
Parking features Driveway
Basement Partial
Appliances Refrigerator
Elementary school Unspecified
Middle school Unspecified
High school Unspecified
Standard status Active
APN 3159
Lot size 0.59 Acres

Taxes and HOA fees

Tax Description METES AND BOUNDS
Legal Description METES AND BOUNDS

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air

Building Details

Year built 1941
Number of units 3
Building materials Brick Full, Vinyl
Listing Agency: FK and Associates Real Estate Firm
Listed By: Freddy Karmatz · License #282367
Added: May 24 Changed: Oct 8 Last Checked: Oct 10 at 12:06AM
MLS# 4383232

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.

Investment Insights

Based on property information with market context.

This triplex, built in 1941, sits on a 0.59-acre lot. The property has brick and vinyl construction, central heating and air conditioning, and a driveway. A refrigerator is listed among the appliances, and the property is connected to public sewer.

The sale is offered as-is, with no repairs, and is limited to cash buyers. The property is part of a portfolio that also includes three other MLS listings.

Key Highlights

  • Three‑unit property on a 0.59‑acre lot
  • Built in 1941 with brick and vinyl construction
  • Central heating and central air conditioning

Property Analytics

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Current Use

Triplexes

Location Intelligence

Trade Area within ½ mile

1,099
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Central heating and air conditioning serve this three-unit property, which is offered in its current condition.
Where is this triplex located?
The property is located at E Meeting Street Morganton, NC.
What is the asking price?
The asking price for this property is $648,000.
What are key features of this property?
This property features: Three‑unit property on a 0.59‑acre lot; Built in 1941 with brick and vinyl construction; Central heating and central air conditioning
More about this property
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