Multifamily

Morganton, NC Multifamily Properties for Sale

Notify Me
List
Map
Valdese, NC Lenoir, NC Nebo, NC Granite Falls, NC Connelly Springs, NC Marion, NC Rutherford College, NC Collettsville, NC
7 properties
Sort:
Two-Cabin Income Property Near Lake
Updated: Jul 1
Two-Cabin Income Property Near Lake

1760 & 1768 Linville Avenue, Morganton, NC 28655

$329,000
0.43 AC lot
Two original Lake James cabins on one property, including a main cabin plus a second detached building with a vintage 1‑bedroom apartment
Approximately 1,200 ft from Lake James (straight‑line distance) and about one mile from Mimosa Boat Landing
Main cabin built in 1930 with open floorplan, gas‑log fireplace, mini‑split HVAC, and updated bathroom
Outdoor living includes deck, porch, screened porch, stone patio, and fire pit
Well water with electric water heater; electric range, microwave, refrigerator, and washer/dryer included
View details
Multifamily Income Property
Updated: May 24
Multifamily Income Property

E Meeting Street, Morganton, NC 28655

$648,000
0.59 AC lot
Currently rented for $6,160 per month (cash flowing); sold as‑is with no repairs and cash only
Construction includes brick full and vinyl; central heating and central air
Year built: 1941
Public sewer connection
Driveway parking
View details
Vintage Mobile Home Park Opportunity
Vintage Mobile Home Park Opportunity

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

$6,999,500
8.17 AC lot

52-unit mobile home park with development potential in Morganton, NC.

View details
Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Two-Story Multifamily Duplex
Two-Story Multifamily Duplex

600 Burkemont Avenue, Morganton, NC 28655

$235,000
2,300 sqft

Two-story income property with three full baths and asphalt shingle roofing, configured for two or three apartments.

View details
Morganton Duplex with Rental History
Morganton Duplex with Rental History

100 Normandy Drive, Morganton, NC 28655

$299,000
0.40 AC lot

Duplex in Morganton, NC with established rental history and prime location.

View details
Vintage Mobile Home Park
Vintage Mobile Home Park

100 Ross St, Morganton, NC 28655

$6,999,500

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

View details
Mobile Home Park Investment
Mobile Home Park Investment

5873 Jenkins Road, Morganton, NC 28655

$750,000

Turnkey mobile home park with 15 of 20 units rented.

View details
Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 7 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 4 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.

Six-Unit Apartment Building
Six-Unit Apartment Building

524 Baldwin Ave, Marion, NC 28752

$575,000
3,652 sqft

Six-unit apartment complex with city water and sewer and a convenient downtown Marion address.

View details
Marion NC Multifamily Investment Opportunity
Marion NC Multifamily Investment Opportunity

524 Baldwin Avenue, Marion, NC 28752

$575,000
0.40 AC lot

Six-unit apartment complex in Marion, NC with city utilities.

View details
Cash-Flowing Duplex for Sale
Cash-Flowing Duplex for Sale

808 Harrisburg Drive SW, Lenoir, NC 28645

$385,000
0.43 AC lot

Duplex with current gross rental income of $3,425 per month and documented capital improvements.

View details
Four-Unit Residential Income Property
Four-Unit Residential Income Property

1101 College Avenue SW, Lenoir, NC 28645

$320,000
0.25 AC lot

Four-unit income property with a 2023 roof and window HVAC; three kitchens plus one unit without a kitchen.

View details

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 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.

View details
Wooded Land in Forest Creek
Wooded Land in Forest Creek

Daisy Place, Collettsville, NC 28611

Contact for pricing
5.45 AC lot

5.45 acres of wooded land; manufactured homes allowed.

View details
Bostic Land with Mountain Views
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.

View details
Unrestricted Acreage with Highway Frontage
Unrestricted Acreage with Highway Frontage

Lot 2 Doggett Grove Road, Forest City, NC 28043

$45,000
1.93 AC lot

1.93 acres with city water and highway frontage.

View details

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.

500 A D Park Ave
MOBILE HOME PARK, TRAILER PARK

500 A D Park Ave, Morganton, NC 28655

Value Estimation by Request
0.39 AC lot
View details
203 Brittain Dr
Multifamily properties

203 Brittain Dr, Morganton, NC 28655

Value Estimation by Request
0.60 AC lot
View details
Sanford Dr
Multifamily properties

0 Sanford Dr, Morganton, NC 28655

Value Estimation by Request
369,824 sqft 8.49 AC lot
View details
1810 Conley Rd
Multifamily properties

1810 Conley Rd, Morganton, NC 28655

Value Estimation by Request
6.20 AC lot
View details
1315 Us 70th W
MOBILE HOME PARK, TRAILER PARK

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

Value Estimation by Request
1,491 sqft 7.23 AC lot
View details
2327 Ridgecreek Dr, Unit 1
MOBILE HOME PARK, TRAILER PARK

2327 Ridgecreek Dr, Morganton, NC 28655-8422

Unit 1
Value Estimation by Request
View details
504 Mtn Vw Dr
MOBILE HOME PARK, TRAILER PARK

504 Mtn Vw Dr, Morganton, NC 28655-8925

Value Estimation by Request
840 sqft
View details
504 Mtn Vw Dr
MOBILE HOME PARK, TRAILER PARK

504 Mtn Vw Dr, Morganton, NC 28655-8925

Value Estimation by Request
1,754 sqft 2.92 AC lot
View details
504 Mtn Vw Dr
MOBILE HOME PARK, TRAILER PARK

504 Mtn Vw Dr, Morganton, NC 28655-8925

Value Estimation by Request
938 sqft
View details
504 Mtn Vw Dr
MOBILE HOME PARK, TRAILER PARK

504 Mtn Vw Dr, Morganton, NC 28655-8925

Value Estimation by Request
1,092 sqft
View details
504 Mtn Vw Dr
MOBILE HOME PARK, TRAILER PARK

504 Mtn Vw Dr, Morganton, NC 28655-8925

Value Estimation by Request
1,008 sqft
View details
2066 Coffey Rd
MOBILE HOME PARK, TRAILER PARK

2066 Coffey Rd, Morganton, NC 28655-8750

Value Estimation by Request
960 sqft 2.56 AC lot
View details
500 A D Park Ave
MOBILE HOME PARK, TRAILER PARK

500 A D Park Ave, Morganton, NC 28655

Value Estimation by Request
View details
70 1229th 1st 4th Us 70th Ww
MOBILE HOME PARK, TRAILER PARK

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

Value Estimation by Request
5.51 AC lot
View details
500 A D Park Ave
MOBILE HOME PARK, TRAILER PARK

500 A D Park Ave, Morganton, NC 28655

Value Estimation by Request
600 sqft
View details
1st Nc 18-us
MOBILE HOME PARK, TRAILER PARK

1st Nc 18-us, Morganton, NC 28655

Value Estimation by Request
25.11 AC lot
View details

Morganton, NC Multifamily Properties Market Trends and Statistics

Explore 23 multifamily properties for sale in Morganton, NC, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 2,300 square feet of properties for sale, with an estimated market value of $235,000.

Sale prices for multifamily properties in Morganton, NC start at $235,000, averaging $235,000, and reaching up to $235,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 3
Mobile home & RV parks 3
Triplexes 2

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 $1.8M

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

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings