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Lenoir, NC Multifamily Properties for Sale

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Found 10 multifamily properties for sale in Lenoir, NC, averaging $136/sq ft. Use valuation data to compare deals faster.
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Log Quadplex Compound with Pool & RV Hooks
Updated: Jul 28
Log Quadplex Compound with Pool & RV Hooks

2257 Quiet Creek Lane, Lenoir, NC 28645

$1,175,000
10.53 AC lot
Built in 2013 with log construction and wood flooring
Two fully independent houses joined by a climate‑controlled breezeway
24' saltwater pool plus a 7‑person hot tub
10.53 private acres along a year‑round, spring‑fed creek
Direct trail access into the Pisgah National Forest
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Duplex with Detached Garage
Updated: Aug 21
Duplex with Detached Garage

3181 & 3177 Morganton Boulevard SW, Lenoir, NC 28645

$296,000
0.52 AC lot
Three‑bedroom, one‑bath house paired with a two‑bedroom, one‑bath apartment
Detached two‑car garage with interior stairs to the apartment
Grandfathered legal nonconforming use for separate rental living quarters
0.52‑acre lot with two septic tanks
House roof and heat pump are 4 years old
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Maintained Duplex Property
Maintained Duplex Property

808 Harrisburg Drive SW, Lenoir, NC 28645

$385,000
0.43 AC lot

Two-unit rental property with documented upgrades, established management, and public sewer service in Lenoir.

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Maintained Duplex with Upgrades
Maintained Duplex with Upgrades

808 Harrisburg Dr Sw, Lenoir, NC 28645

$385,000
3,874 sqft

Two-unit rental property with documented improvements, professional management, and established rental income.

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Four-Unit Multifamily Property
Four-Unit Multifamily Property

1101 College Avenue SW, Lenoir, NC 28645

$320,000
0.25 AC lot

Four separate units offer flexible occupancy with month-to-month lease terms and recent property improvements.

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Updated Multifamily Property with Guest House
Updated Multifamily Property with Guest House

526 Kentwood St SW, Lenoir, NC 28645

$415,000
2,550 sqft

Remodeled Craftsman-style residence with a second living quarter, upgraded systems, and flexible residential use.

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Duplex with Detached Garage
Duplex with Detached Garage

3181 & 3177 Morganton Boulevard SW, Lenoir, NC 28645

$296,000
1,740 sqft

Two separate living areas include updated interiors, garage access, and a rear deck.

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Updated Quadplex with 2023 Roof
Updated Quadplex with 2023 Roof

1101 College Ave Sw, Lenoir, NC 28645

$320,000
2,844 sqft

Four separately operated units offer month-to-month occupancy arrangements and varied physical configurations.

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Duplex Apartment with Private Patios
Duplex Apartment with Private Patios

167 Haigler Rd SE, Lenoir, NC 28645

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Well-maintained duet duplex with two units, each offering private patio space and in-unit laundry/storage utility areas.

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Two-Unit Duplex with Outbuildings
Two-Unit Duplex with Outbuildings

2214 Norwood St SW, Lenoir, NC 28645

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Two residential units are paired with additional storage structures and a 2.6-acre setting in Lenoir.

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Based on your search, we've compiled 72 Potential Opportunities for your consideration. Besides 10 Active listings in Lenoir, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Quadplex with Balconies
Renovated Quadplex with Balconies

209 S King St, Morganton, NC 28655

$649,000
3,808 sqft

Four one-bedroom apartments offer private laundry, while the upper-level units add individual outdoor balconies.

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Five-Unit Mobile Home Park
Five-Unit Mobile Home Park

3686 Cook Road W, Valdese, NC 28690

$350,000
2.44 AC lot

Rental property with separately metered water and electricity serving each unit.

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Triplex with Central HVAC
Triplex with Central HVAC

E Meeting Street, Morganton, NC 28655

$648,000
0.59 AC lot

Triplex featuring central heating and central air, public sewer, and driveway parking.

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Manufactured Home Rental Land Parcels
Manufactured Home Rental Land Parcels

3206 Windy Hill Dr, Valdese, NC 28690

Contact for pricing

Two parcels in a subdivision support multiple manufactured homes with land-only rental arrangements.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in Alexander County
Residential Land in Alexander County

21 Hickory Dr, Taylorsville, NC 28681

Contact for pricing
1.90 AC lot

1.9 acre residential property with utilities in Taylorsville, NC.

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Unrestricted Land in Western NC
Unrestricted Land in Western NC

V/L Southern Way, Nebo, NC 28761

$799,000
102.80 AC lot

105.57+/- acres perfect for hunting, recreation, or development.

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Off-Market Properties in Lenoir, NC

Consider similar Off-Market properties in Lenoir, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

629 Legion Rd, Unit 1
GARDEN APT, COURT APT (5+ UNITS)

629 Legion Rd, Lenoir, NC 28645-7489

Unit 1
$455,000
Estimated value
2,460 sqft 0.63 AC lot
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1206 Virginia SW St
GARDEN APT, COURT APT (5+ UNITS)

1206 Virginia SW St, Lenoir, NC 28645-6078

$850,000
Estimated value
3,296 sqft 1.05 AC lot
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516 Jason SW Pl
GARDEN APT, COURT APT (5+ UNITS)

516 Jason SW Pl, Lenoir, NC 28645

$400,000
Estimated value
2,072 sqft 307.00 AC lot
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926 Meadowood NE Dr
GARDEN APT, COURT APT (5+ UNITS)

926 Meadowood NE Dr, Lenoir, NC 28645-3767

$2,750,000
Estimated value
6,060 sqft 6.38 AC lot
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4274 Smokey Crk Rd, Unit 1
GARDEN APT, COURT APT (5+ UNITS)

4274 Smokey Crk Rd, Lenoir, NC 28645-9359

Unit 1
$645,000
Estimated value
4,544 sqft 1.18 AC lot
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3358 Normandy Park, Unit 1
GARDEN APT, COURT APT (5+ UNITS)

3358 Normandy Park, Lenoir, NC 28645-9546

Unit 1
$485,000
Estimated value
3,551 sqft 0.65 AC lot
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139 Torrence NW Cir
GARDEN APT, COURT APT (5+ UNITS)

139 Torrence NW Cir, Lenoir, NC 28645-5000

$600,000
Estimated value
6,075 sqft 0.45 AC lot
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407 Spruce SW St
GARDEN APT, COURT APT (5+ UNITS)

407 Spruce SW St, Lenoir, NC 28645-5536

$510,000
Estimated value
4,800 sqft 100.00 AC lot
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3354 Clay Apartments Ct
GARDEN APT, COURT APT (5+ UNITS)

3354 Clay Apartments Ct, Lenoir, NC 28645-8594

$960,000
Estimated value
1,720 sqft 0.88 AC lot
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3346 Clay Apartments Ct
GARDEN APT, COURT APT (5+ UNITS)

3346 Clay Apartments Ct, Lenoir, NC 28645-8594

$960,000
Estimated value
1,720 sqft 0.86 AC lot
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3457 Smokehouse Ct, Unit 1
GARDEN APT, COURT APT (5+ UNITS)

3457 Smokehouse Ct, Lenoir, NC 28645-8544

Unit 1
$490,000
Estimated value
1,695 sqft 2.62 AC lot
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1302 Piedmont NW Dr
GARDEN APT, COURT APT (5+ UNITS)

1302 Piedmont NW Dr, Lenoir, NC 28645-4062

$9,195,000
Estimated value
3,396 sqft 7.13 AC lot
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1520 Berkley SW St
GARDEN APT, COURT APT (5+ UNITS)

1520 Berkley SW St, Lenoir, NC 28645-6600

$9,255,000
Estimated value
3,486 sqft 4.50 AC lot
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1411 Meagon Pl
GARDEN APT, COURT APT (5+ UNITS)

1411 Meagon Pl, Lenoir, NC 28645-7400

$575,000
Estimated value
5,180 sqft 4.50 AC lot
View details

Lenoir, NC Multifamily Properties Market Trends and Statistics

Explore 66 multifamily properties for sale in Lenoir, NC, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 11,008 square feet of properties for sale, with an estimated market value of $3,592,000.

Sale prices for multifamily properties in Lenoir, NC start at $296,000, averaging $449,000, and reaching up to $1,175,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 7
Quadplexes 2
Short term rental properties 1

Demographics Overview

Population 46K
Population Growth (5Y) -0.8%
Median Household Income $50,529
College Educated 10.9%

High-Yield Neighborhoods for Investment

Identify Lenoir submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
28645 $449K

Listings Trend

New vs delisted commercial listings in Caldwell County

New Delisted

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