Morganton, NC Residential Income Properties for Sale

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Valdese, NC Lenoir, NC Nebo, NC

6 properties

Updated: May 15

Historic Downtown Morganton Mixed-Use Property

117 W Union Street, Morganton, NC 28655

$710,000

5,460 sqft · 0.06 AC lot

Prime location in the heart of Morganton's Downtown Historic District with excellent visibility and foot traffic.
Versatile 5,460 sq ft space suitable for retail, restaurant, office, gallery, mixed‑use, or professional services.
Potential to convert upstairs offices into at least two luxury residential apartments, potentially renting for $2000+/month each.
Ground floor is currently leased commercially, providing immediate income potential.
Classic commercial Italianate‑style facade with distinctive architectural details.

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Updated: Jul 1

Lake James Cabin Duplex Property

1760 & 1768 Linville Avenue, Morganton, NC 28655

$329,000

0.43 AC lot

Two original Lake James cabins on one property, with main cabin plus a second detached vintage one‑bedroom apartment building
Main cabin features a gas‑log fireplace, open floorplan, mini‑split (ductless) heating and cooling, and updated bath
Outdoor living includes screened porch, covered front porch, patio, deck, stone patio, and a fire pit
Basement and lower‑level space includes laundry, recreation, and storage, with exterior access via the screened porch (lower ceiling heights than standard)
Additional building includes a garage/workshop and loft for canoes, kayaks, bikes, and outdoor gear

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Residential Income Triplex Portfolio

E Meeting Street, Morganton, NC 28655

$739,900

0.59 AC lot

For-sale multifamily residential income property on a 0.59-acre lot in Morganton, NC.

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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.

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Mobile Home Park Investment

5873 Jenkins Road, Morganton, NC 28655

$750,000

Turnkey mobile home park with 15 of 20 units rented.

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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.

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Based on your search, we've compiled 35 Potential Opportunities for your consideration. Besides 6 Active listings in Morganton, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 21 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.

Mobile Home Park with 8 Units

3000 Parker Ct, Lenoir, NC 28645

$215,000

2.92 AC lot

Established 8-unit mobile home park with a mix of 2- and 3-bedroom homes and separately metered electric for most residents.

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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.

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Cash-Flowing Duplex with Documented Upgrades

808 Harrisburg Drive SW, Lenoir, NC 28645

$385,000

0.43 AC lot

Duplex with $3,075 monthly gross rental income and documented maintenance improvements, offering a stabilized income-producing residence.

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Marion, NC Investment Opportunity

36 & 50 Catawba Avenue, Marion, NC 28752

$799,000

1,137 sqft · 0.70 AC lot

Two houses and one unfinished apartment in prime location.

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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.

77 Acres Near Downtown Morganton

Carbon City Road, Morganton, NC 28655

$1,095,000

77.40 AC lot

77 acres of land near downtown Morganton with river frontage.

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Morganton Land for Residential Development

Hopewell Road, Morganton, NC 28655

$375,000

22.57 AC lot

22+ acre tract near downtown Morganton ideal for residential development.

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Residential Lot Near Morganton

Burkemont Avenue, Morganton, NC 28655

$35,000

0.29 AC lot

0.29-acre lot near I-40 and Morganton's amenities.

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Residential Land Near Downtown Morganton

Burkemont Avenue, Morganton, NC 28655

$35,000

0.30 AC lot

Level R-1 zoned lot near downtown Morganton and I-40.

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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

Value Estimation by Request

0.39 AC lot

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Land

522 Enola Rd, Morganton, NC 28655

Value Estimation by Request

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Land

1527 Union St, Morganton, NC 28655

Value Estimation by Request

19.48 AC lot

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Farms

0 Roper Hollow Rd, Morganton, NC 28655

Value Estimation by Request

33.66 AC lot

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Land

0 Bost Rd, Morganton, NC 28655

Value Estimation by Request

138.00 AC lot

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Land

0 Williams Rd, Morganton, NC 28655

Value Estimation by Request

41.47 AC lot

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Multifamily properties

203 Brittain Dr, Morganton, NC 28655

Value Estimation by Request

0.60 AC lot

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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

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MOBILE HOME PARK, TRAILER PARK

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

Value Estimation by Request

1,491 sqft · 7.23 AC lot

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MOBILE HOME PARK, TRAILER PARK

2327 Ridgecreek Dr, Morganton, NC 28655-8422

Unit 1

Value Estimation by Request

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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

Value Estimation by Request

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

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MOBILE HOME PARK, TRAILER PARK

2066 Coffey Rd, Morganton, NC 28655-8750

Value Estimation by Request

960 sqft · 2.56 AC lot

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MOBILE HOME PARK, TRAILER PARK

500 A D Park Ave, Morganton, NC 28655

Value Estimation by Request

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Morganton, NC Residential Income Properties Market Trends and Statistics

Explore 27 residential income properties for sale in Morganton, NC, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 5,460 square feet of properties for sale, with an estimated market value of $710,000.

Sale prices for residential income properties in Morganton, NC start at $710,000, averaging $710,000, and reaching up to $710,000 — 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

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	$1.6M

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 Residential Income Properties for Sale

117 W Union Street, Morganton, NC 28655

1760 & 1768 Linville Avenue, Morganton, NC 28655

E Meeting Street, Morganton, NC 28655

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

5873 Jenkins Road, Morganton, NC 28655

100 Normandy Drive, Morganton, NC 28655

Opportunities in Nearby Cities

3000 Parker Ct, Lenoir, NC 28645

524 Baldwin Avenue, Marion, NC 28752

808 Harrisburg Drive SW, Lenoir, NC 28645

36 & 50 Catawba Avenue, Marion, NC 28752

Potential Development Sites for Consideration

Carbon City Road, Morganton, NC 28655

Hopewell Road, Morganton, NC 28655

Burkemont Avenue, Morganton, NC 28655

Burkemont Avenue, Morganton, NC 28655

Off-Market Properties in Morganton, NC

500 A D Park Ave, Morganton, NC 28655

522 Enola Rd, Morganton, NC 28655

1527 Union St, Morganton, NC 28655

0 Roper Hollow Rd, Morganton, NC 28655

0 Bost Rd, Morganton, NC 28655

0 Williams Rd, 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

Morganton, NC Residential Income Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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