Quadplex

Morganton, NC Quadplexes for Sale

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Four-Unit Renovated Quadplex
Updated: Oct 30
Four-Unit Renovated Quadplex

2106 Pax Hill Road, Morganton, NC 28655

$499,999
2,640 sqft
Four one‑bedroom, one‑bathroom units
2,640 square feet; built in 1990
Fully occupied; owner pays water and tenants pay other utilities
Water heater installed in 2025
Three HVAC systems are less than 3 years old
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1 active listing matches your search: Quadplex for sale in Morganton, NC. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

4-Unit Quadplex with Mountain Views
4-Unit Quadplex with Mountain Views

270 Elk Hill Drive, Banner Elk, NC 28604

$849,000
4 units  3,302 sqft  1 building  Built 1986  0.39 acres

Two upper residences pair with efficiency apartments below, creating four separate living spaces.

Utilities to site  2 x 2BR/2BA  2 x efficiency  Vaulted ceilings  Fireplaces  Storage room
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Boone Quadplex with Recent Improvements
Boone Quadplex with Recent Improvements

210 Howards Creek Rd, Boone, NC 28607

$699,900
4 units  3,111 sqft  Built 1974  Multi-tenant
Road access

Four-unit residential property with a varied unit mix, paved road access, and current occupancy across the building.

1 x 3BR/1BA  3 x 1BR/1BA
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Ranch Quadplex With Four Units
Ranch Quadplex With Four Units

210 Howards Creek Road, Boone, NC 28607

$699,900
4 units  3,111 sqft  Built 1974  0.41 acres  Multi-tenant
100% occupied / $54,600 gross income  Road access

Ranch-style four-unit property with paved road frontage, tenant parking, and a mix of one- and three-bedroom residences.

1 x 3BR/1BA  3 x 1BR/1BA
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Mountain-View Quadplex
Mountain-View Quadplex

2730 Tynecastle Hwy, Banner Elk, NC 28604

$875,000
4 units  1 building

Four units have individual entrances for short- or long-term rental use.

Decks
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Morganton, NC Quadplexes Market Trends and Statistics

Explore 1 quadplexes for sale in Morganton, NC on our real estate platform. These investment opportunities span a total of 2,640 square feet of properties for sale, with an estimated market value of $499,999.

Sale prices for four-unit buildings in Morganton, NC average $499,999 — 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 5
Mobile home & RV parks 2
Quadplexes 1

Demographics Overview

Population 56K
Population Growth (5Y) +2.9%
Median Household Income $53,464
College Educated 14.3%

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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