Morganton, NC Multifamily Properties for Sale

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Found 8 multifamily properties for sale in Morganton, NC, averaging $155/sq ft. Use valuation data to compare deals faster.

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Updated: May 24

Triplex with Central HVAC

E Meeting Street, Morganton, NC 28655

$648,000

0.59 AC lot

0.59‑acre triplex lot
Built in 1941
Brick full exterior with vinyl materials
Central heating and central air
Public sewer

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Updated: Feb 9

52-Unit Mobile Home Park

100, 102-109, 111 Ross Street, Morganton, NC 28655

$6,999,500

8.17 AC lot

52‑unit mobile home park with 40 seller‑owned units and 12 tenant‑owned units
8.17‑acre property with 3 developable acres
Located within an opportunity zone just off I‑40 Exit 103
7% cap rate
Personal property (40 homes) conveyed by bill of sale only with deeds to three parcels

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Updated Duplex with Metal Roof

620 Linville Street, Morganton, NC 28655

$229,900

0.73 AC lot

Two-bedroom units offer separate laundry hookups and single-level living arrangements.

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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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Duplex Across from Carbon City Park

100 Normandy Drive, Morganton, NC 28655

$299,000

0.40 AC lot

Two-bedroom, one-bath layouts, public utilities, and a deck support a practical two-unit residential configuration.

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Updated Two-Unit Duplex

620 Linville St, Morganton, NC 28655

$229,900

2,128 sqft

Each residence provides two bedrooms, one full bath, and dedicated laundry hookups for flexible occupancy options.

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Two-Unit Duplex Near Park

100 Normandy Dr, Morganton, NC 28655

$299,000

1,602 sqft

Each unit includes two bedrooms, one bathroom, and access to city water and sewer.

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Vintage Mobile Home Park

100 Ross St, Morganton, NC 28655

Contact for pricing

52-unit mobile home park with master-metered water and sewer, plus three developable acres.

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Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 8 Active listings in Morganton, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 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.

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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Duplex with Detached Garage

3181 & 3177 Morganton Boulevard SW, Lenoir, NC 28645

$296,000

0.52 AC lot

Two living areas offer updated finishes, a private apartment deck, and separate detached garage space.

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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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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.

Unrestricted Land with Creek

V/L Southern Way, Nebo, NC 28761

$799,000

97.80 AC lot

Two tracts combine rolling terrain, a small creek, and access to Highway 226 South and Interstate 40.

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Bostic Land with Mountain Views

158 Dusty Hollow, Bostic, NC 28018

$70,000

3.28 AC lot

3.28 acres with camper, shed, and essential utilities.

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Off-Market Properties in Morganton, NC

Consider similar Off-Market properties in Morganton, 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.

MOBILE HOME PARK, TRAILER PARK

500 A D Park Ave, Morganton, NC 28655

$250,000

Estimated value

0.39 AC lot

View details

Multifamily properties

203 Brittain Dr, Morganton, NC 28655

Value Estimation by Request

0.60 AC lot

View details

Multifamily properties

0 Sanford Dr, Morganton, NC 28655

Value Estimation by Request

369,824 sqft 8.49 AC lot

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Multifamily properties

1810 Conley Rd, Morganton, NC 28655

Value Estimation by Request

6.20 AC lot

View details

MOBILE HOME PARK, TRAILER PARK

1315 Us 70th W, Morganton, NC 28655-9243

$275,000

Estimated value

1,491 sqft 7.23 AC lot

View details

MOBILE HOME PARK, TRAILER PARK

2327 Ridgecreek Dr, Morganton, NC 28655-8422

Unit 1

Value Estimation by Request

View details

MOBILE HOME PARK, TRAILER PARK

504 Mtn Vw Dr, Morganton, NC 28655-8925

Value Estimation by Request

840 sqft

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MOBILE HOME PARK, TRAILER PARK

504 Mtn Vw Dr, Morganton, NC 28655-8925

$250,000

Estimated value

1,754 sqft 2.92 AC lot

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MOBILE HOME PARK, TRAILER PARK

504 Mtn Vw Dr, Morganton, NC 28655-8925

Value Estimation by Request

938 sqft

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MOBILE HOME PARK, TRAILER PARK

504 Mtn Vw Dr, Morganton, NC 28655-8925

Value Estimation by Request

1,092 sqft

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MOBILE HOME PARK, TRAILER PARK

504 Mtn Vw Dr, Morganton, NC 28655-8925

Value Estimation by Request

1,008 sqft

View details

MOBILE HOME PARK, TRAILER PARK

2066 Coffey Rd, Morganton, NC 28655-8750

$290,000

Estimated value

960 sqft 2.56 AC lot

View details

MOBILE HOME PARK, TRAILER PARK

500 A D Park Ave, Morganton, NC 28655

Value Estimation by Request

View details

MOBILE HOME PARK, TRAILER PARK

70 1229th 1st 4th Us 70th Ww, Morganton, NC 28655

$290,000

Estimated value

5.51 AC lot

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MOBILE HOME PARK, TRAILER PARK

500 A D Park Ave, Morganton, NC 28655

Value Estimation by Request

600 sqft

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MOBILE HOME PARK, TRAILER PARK

1st Nc 18-us, Morganton, NC 28655

$320,000

Estimated value

25.11 AC lot

View details

Morganton, NC Multifamily Properties Market Trends and Statistics

Explore 24 multifamily properties for sale in Morganton, NC, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 7,538 square feet of properties for sale, with an estimated market value of $9,354,300.

Sale prices for multifamily properties in Morganton, NC start at $229,900, averaging $1,336,328, and reaching up to $6,999,500 — 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

Demographics Overview

Population 56K

Population Growth (5Y) +2.9%

Median Household Income $53,464

College Educated 14.3%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
28655	$1.3M

Taxes & Financing

Tax Rate (average for all types) 0.57%

Property Tax per SF $12.66 per SF

Tax Rate vs County Average 0.07 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Burke County

New Delisted

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Morganton, NC Multifamily Properties for Sale

E Meeting Street, Morganton, NC 28655

100, 102-109, 111 Ross Street, Morganton, NC 28655

620 Linville Street, Morganton, NC 28655

209 S King St, Morganton, NC 28655

100 Normandy Drive, Morganton, NC 28655

620 Linville St, Morganton, NC 28655

100 Normandy Dr, Morganton, NC 28655

100 Ross St, Morganton, NC 28655

Opportunities in Nearby Cities

3181 & 3177 Morganton Boulevard SW, Lenoir, NC 28645

3181 & 3177 Morganton Boulevard SW, Lenoir, NC 28645

3686 Cook Road W, Valdese, NC 28690

3206 Windy Hill Dr, Valdese, NC 28690

Potential Development Sites for Consideration

V/L Southern Way, Nebo, NC 28761

158 Dusty Hollow, Bostic, NC 28018

Off-Market Properties in Morganton, NC

500 A D Park Ave, Morganton, NC 28655

203 Brittain Dr, Morganton, NC 28655

0 Sanford Dr, Morganton, NC 28655

1810 Conley Rd, Morganton, NC 28655

1315 Us 70th W, Morganton, NC 28655-9243

2327 Ridgecreek Dr, Morganton, NC 28655-8422

504 Mtn Vw Dr, Morganton, NC 28655-8925

504 Mtn Vw Dr, Morganton, NC 28655-8925

504 Mtn Vw Dr, Morganton, NC 28655-8925

504 Mtn Vw Dr, Morganton, NC 28655-8925

504 Mtn Vw Dr, Morganton, NC 28655-8925

2066 Coffey Rd, Morganton, NC 28655-8750

500 A D Park Ave, Morganton, NC 28655

70 1229th 1st 4th Us 70th Ww, Morganton, NC 28655

500 A D Park Ave, Morganton, NC 28655

1st Nc 18-us, Morganton, NC 28655

Morganton, NC Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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