Morganton, NC Residential Income Properties for Sale

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Valdese, NC Lenoir, NC Granite Falls, NC

Historic Downtown Morganton Mixed-Use Property

$710,000

5,460 SF

Historic Downtown Morganton Mixed-Use Property

117 W Union Street, Morganton, NC 28655

Prime commercial property with residential conversion potential in historic downtown.

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.

Updated: May 15

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$6,999,500

8.17 Acres

Vintage Mobile Home Park Opportunity

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

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

Great cash flow with a 7% Cap Rate.
52‑unit mobile home park with 40 seller‑owned units.
Located in an opportunity zone near I‑40, Exit 103.
Includes 3 developable acres.
Gross monthly cash flow of $43,330.

Updated: Feb 9

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$750,000

Mobile Home Park Investment

Turnkey mobile home park with 15 of 20 units rented.

5873 Jenkins Road, Morganton, NC 28655

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$299,000

0.40 Acres

Morganton Duplex with Rental History

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

100 Normandy Drive, Morganton, NC 28655

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Based on your search, we've compiled 33 Potential Opportunities for your consideration. Besides 4 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.

Marion NC Multifamily Investment Opportunity

$575,000

0.40 Acres

Marion NC Multifamily Investment Opportunity

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

524 Baldwin Avenue, Marion, NC 28752

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Lenoir Multifamily Investment Opportunity

$1,600,000

2.00 Acres

Lenoir Multifamily Investment Opportunity

16-unit multifamily property in Lenoir, NC with cash flow.

3354 Clay Apartments Court, Lenoir, NC 28645

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$320,000

0.25 Acres

Lenoir Multifamily Income Property

Income-producing four-unit property with recent updates and flexible leases.

1101 College Avenue SW, Lenoir, NC 28645

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$799,000

1,137 SF

Marion, NC Investment Opportunity

Two houses and one unfinished apartment in prime location.

36 & 50 Catawba Avenue, Marion, NC 28752

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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.

$35,000

0.29 Acres

Residential Lot Near Morganton

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

Burkemont Avenue, Morganton, NC 28655

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Morganton Land for Residential Development

$375,000

22.57 Acres

Morganton Land for Residential Development

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

Hopewell Road, Morganton, NC 28655

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$1,095,000

77.40 Acres

77 Acres Near Downtown Morganton

77 acres of land near downtown Morganton with river frontage.

Carbon City Road, Morganton, NC 28655

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Residential Land Near Downtown Morganton

$35,000

0.30 Acres

Residential Land Near Downtown Morganton

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

Burkemont Avenue, Morganton, NC 28655

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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 • 0.39 Acres

Value Estimation by Request

500 A D Park Ave, Morganton, NC 28655

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522 Enola Rd

Land

Value Estimation by Request

522 Enola Rd, Morganton, NC 28655

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1527 Union St

Land • 19.48 Acres

Value Estimation by Request

1527 Union St, Morganton, NC 28655

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Roper Hollow Rd

Farms • 33.66 Acres

Value Estimation by Request

0 Roper Hollow Rd, Morganton, NC 28655

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Bost Rd

Land • 138.00 Acres

Value Estimation by Request

0 Bost Rd, Morganton, NC 28655

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Williams Rd

Land • 41.47 Acres

Value Estimation by Request

0 Williams Rd, Morganton, NC 28655

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203 Brittain Dr

Multifamily properties • 0.60 Acres

Value Estimation by Request

203 Brittain Dr, Morganton, NC 28655

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Sanford Dr

Multifamily properties • 369,824 SF

Value Estimation by Request

0 Sanford Dr, Morganton, NC 28655

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1810 Conley Rd

Multifamily properties • 6.20 Acres

Value Estimation by Request

1810 Conley Rd, Morganton, NC 28655

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1315 Us 70th W

MOBILE HOME PARK, TRAILER PARK • 1,491 SF

Value Estimation by Request

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

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2327 Ridgecreek Dr, Unit 1

MOBILE HOME PARK, TRAILER PARK

Value Estimation by Request

2327 Ridgecreek Dr, Morganton, NC 28655-8422

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