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    Morganton, NC Residential Income Properties for Sale

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    Found 9 residential income properties for sale in Morganton, NC, averaging $172/sq ft. Use valuation data to compare deals faster.
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    Stone Duplex with Upper Apartment
    Updated: Sep 22
    Stone Duplex with Upper Apartment

    436 N Green Street, Morganton, NC 28655

    $349,900
    0.25 AC lot
    Two separate residences, including a main‑level home and upper apartment
    1,572 heated square feet on a 0.25‑acre lot
    Upper apartment has a private entrance and full kitchen
    Separate electric service for each residence with shared water service
    New roof, new windows, and updated main‑level interiors
    View details
    12-Bedroom Triplex
    Updated: May 24
    12-Bedroom Triplex

    E Meeting Street, Morganton, NC 28655

    $648,000
    0.59 AC lot
    Triplex with 12 bedrooms and 6 bathrooms
    0.59‑acre parcel on E Meeting Street in Morganton, NC 28655
    Built in 1941 with full‑brick and vinyl construction
    Central heating and central air conditioning
    Driveway parking and public sewer service
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    52-Unit Mobile Home Park
    52-Unit Mobile Home Park

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

    $6,999,500
    8.17 AC lot

    8.17-acre mobile home park in an opportunity zone with 3 developable acres and public sewer service.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Stone Duplex with Upper Apartment
    Stone Duplex with Upper Apartment

    436 N Green St, Morganton, NC 28655

    $349,900
    1,572 sqft

    An upstairs one-bedroom apartment has a private entrance, kitchen, full bath, and living area.

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    Updated Duplex with Metal Roof
    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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    Duplex Across from Carbon City Park
    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
    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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    Vintage Mobile Home Park
    Vintage Mobile Home Park

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

    $6,999,500
    1,000 sqft

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

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    Two-Unit Duplex Near Park
    Two-Unit Duplex Near Park

    100 Normandy Drive, 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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    Based on your search, we've compiled 38 Potential Opportunities for your consideration. Besides 9 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.

    Duplex with Detached Garage
    Duplex with Detached Garage

    3181 & 3177 Morganton Boulevard SW, Lenoir, NC 28645

    $269,000
    1,740 sqft

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

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    Duplex with Detached Garage
    Duplex with Detached Garage

    3181 & 3177 Morganton Boulevard SW, Lenoir, NC 28645

    $269,000
    0.52 AC lot

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

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    5-Unit Mobile Home Park
    5-Unit Mobile Home Park

    3686 Cook Road W, Valdese, NC 28690

    $325,000
    2.44 AC lot

    Five rental homes feature separate water and electric meters on a property with additional undeveloped land.

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

    3686 Cook Road, Valdese, NC 28690

    Contact for pricing
    2.44 AC lot

    Established residential park with separately metered utilities and additional land for future development, subject to applicable approvals.

    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.

    77 Acres Near Downtown Morganton
    77 Acres Near Downtown Morganton

    Carbon City Road, Morganton, NC 28655

    $995,000
    77.40 AC lot

    77 acres of land near downtown Morganton with river frontage.

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    Glen Alpine Building Lot
    Glen Alpine Building Lot

    North Park Drive, Morganton, NC 28655

    Contact for pricing
    0.59 AC lot

    Established neighborhood, convenient location near schools and amenities.

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    Residential Lot Near Glen Alpine
    Residential Lot Near Glen Alpine

    North Park Drive, Morganton, NC 28655

    $32,000
    0.87 AC lot

    Residential lot near Glen Alpine, NC, ideal for building.

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    Glen Alpine Land Opportunity
    Glen Alpine Land Opportunity

    109 Turkey Tail Lane, Morganton, NC 28655

    $30,000
    1.38 AC lot

    Two adjacent lots in established Glen Alpine neighborhood.

    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

    Estimated value:
    $250,000
    0.39 AC lot
    View details
    203 Brittain Dr
    Multifamily properties

    203 Brittain Dr, Morganton, NC 28655

    Estimated value: by Request
    0.60 AC lot
    View details
    Sanford Dr
    Multifamily properties

    0 Sanford Dr, Morganton, NC 28655

    Estimated value: by Request
    369,824 sqft 8.49 AC lot
    View details
    1810 Conley Rd
    Multifamily properties

    1810 Conley Rd, Morganton, NC 28655

    Estimated value: 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

    Estimated value:
    $275,000
    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
    Estimated value: by Request
    View details
    504 Mtn Vw Dr
    MOBILE HOME PARK, TRAILER PARK

    504 Mtn Vw Dr, Morganton, NC 28655-8925

    Estimated value: by Request
    840 sqft
    View details
    504 Mtn Vw Dr
    MOBILE HOME PARK, TRAILER PARK

    504 Mtn Vw Dr, Morganton, NC 28655-8925

    Estimated value:
    $250,000
    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

    Estimated value: by Request
    938 sqft
    View details
    504 Mtn Vw Dr
    MOBILE HOME PARK, TRAILER PARK

    504 Mtn Vw Dr, Morganton, NC 28655-8925

    Estimated value: by Request
    1,092 sqft
    View details

    Morganton, NC Residential Income Properties Market Trends and Statistics

    Explore 30 residential income properties for sale in Morganton, NC, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 6,302 square feet of properties for sale, with an estimated market value of $16,404,600.

    Sale prices for residential income properties in Morganton, NC start at $229,900, averaging $1,822,733, 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

    Multifamily properties 9
    Duplexes 6
    Mobile home & RV parks 2
    Triplexes 1

    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 $2M

    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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