Residential Income

Morganton, NC Residential Income Properties for Sale

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8 properties
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Triplex with Central HVAC
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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52-Unit Mobile Home Park
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 on Oversized Lot
Updated Duplex on Oversized Lot

620 Linville Street, Morganton, NC 28655

$229,900
0.73 AC lot

Updated duplex on a 0.73-acre lot with two 2-bedroom, 1-bath units, separate laundry hookups, and a metal roof.

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Renovated Quadplex with Balconies
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 with Deck in Morganton
Duplex with Deck in Morganton

100 Normandy Drive, Morganton, NC 28655

$299,000
0.40 AC lot

Duplex in Morganton city limits with two-bedroom, one-bath units and city water and sewer connectivity.

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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.

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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.

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Vintage Mobile Home Park
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 37 Potential Opportunities for your consideration. Besides 8 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 Income Property
Mobile Home Income Property

5929 MOURGLEA AVE, Connelly Springs, NC 28612

Contact for pricing
3,668 sqft

Four updated singlewide mobile homes generate rental income and share landlord-provided water, lawn care, and dumpster service.

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Operating Mobile Home Park
Operating Mobile Home Park

3680 Berry Road, Connelly Springs, NC 28612

$350,000
1.50 AC lot

Established park with a mix of resident-owned homes and rented lots.

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6-Unit Apartment Building
6-Unit Apartment Building

524 Baldwin Avenue, Marion, NC 28752

$575,000
0.40 AC lot

Multifamily property with assigned parking, driveway access, and city water and sewer service.

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Six-Unit Apartment Building
Six-Unit Apartment Building

524 Baldwin Ave, Marion, NC 28752

Contact for pricing
3,652 sqft

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

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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
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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Morganton Land for Residential Development
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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Morganton Land Investment Opportunity
Morganton Land Investment Opportunity

1307 E Union Street, Morganton, NC 28655

$3,199,000
71.00 AC lot

71-acre Morganton property suitable for residential or commercial development.

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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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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

$250,000
Estimated value
0.39 AC lot
View details
522 Enola Rd
Land

522 Enola Rd, Morganton, NC 28655

Value Estimation by Request
View details
1527 Union St
Land

1527 Union St, Morganton, NC 28655

Value Estimation by Request
19.48 AC lot
View details
Roper Hollow Rd
Farms

0 Roper Hollow Rd, Morganton, NC 28655

Value Estimation by Request
33.66 AC lot
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Bost Rd
Land

0 Bost Rd, Morganton, NC 28655

Value Estimation by Request
138.00 AC lot
View details
Williams Rd
Land

0 Williams Rd, Morganton, NC 28655

Value Estimation by Request
41.47 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

$275,000
Estimated value
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

$250,000
Estimated value
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

Morganton, NC Residential Income Properties Market Trends and Statistics

Explore 29 residential income properties for sale in Morganton, NC, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 6,108 square feet of properties for sale, with an estimated market value of $9,810,400.

Sale prices for residential income properties in Morganton, NC start at $229,900, averaging $1,401,485, 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 4
Mobile home & RV parks 3
Triplexes 2
Quadplexes 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 $1.4M

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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