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$649,000
4 Beds ⋅ 4408508 MLS ⋅ 3,808 SqFt. ⋅ ACTIVE Status
Excellent investment opportunity featuring a beautifully renovated four-unit apartment building in the Historic Morganton Downtown area. Updated in 2022 with (3) units currently rented, this income-producing multifamily property offers immediate cash flow with stabilized occupancy from day one. The 4th unit has been serving as an Airbnb with the last reservation in mid-September at which time it will be converted to a full-time rental unit. The 2022 renovations strengthen the property’s value by improving tenant appeal, supporting rent stability, and reducing the likelihood of immediate capital expenditures for the new owner. The building is well positioned for investors seeking a turnkey rental asset, portfolio expansion, or a foothold in the multifamily market. Whether added to an existing rental portfolio or purchased as a standalone multifamily asset, this property provides a practical blend of current income, and future upside potential. Each unit offers a 1-bedroom, 1-bath layout with its own in-unit washer and dryer plus the 2nd floor units have private balconies. This property is perfect for investors looking for an established rental property with modernized units, stabilized tenancy, and walkable location essentials. The location adds to the appeal of tenants with nearby access to a library, a movie theater, parks, walking trails, convenience stores, and Downtown Morganton where you’ll find an array of restaurants, bars, shops, and professional services. Additionally, Burke Co. has been coined “Nature’s Playground” because of the State Parks/Trails & the thousands of acres of the Pisgah National Forest. This property is in a key location to access all the adventures the area has to offer plus it is only a five-minute drive to Exit 105 on I-40. The property combines current cash flow with location-driven tenant demand. Don’t miss out on this Morganton multifamily investment opportunity. Call today to schedule your private tour and learn more about this income-producing asset. PLEASE DO NOT DISTURB THE TENANTS. SHOWINGS BY APPOINTMENT ONLY. The prospective buyer or buyer’s agent must provide either written proof of funds sufficient to demonstrate the buyer’s ability to purchase the property or a current lender pre-approval letter for financing.

209 S King Street, Morganton

Listing courtesy of Broadpoint Real Estate Group. joe@broadpointrealestate.com
$189,900
3 Beds ⋅ 1 Baths ⋅ 4368930 MLS ⋅ 1,620 SqFt. ⋅ ACTIVE Status
Welcome to this charming home in the heart of downtown Morganton! This beautifully updated property is truly a breath of fresh air, blending modern touches with timeless character. Step inside to find stunning original hardwood floors that flow throughout. With plenty of space, it’s perfect for a first-time homebuyer or a growing family. Upstairs, you’ll find a spacious attic area that could be finished and turned into a bonus room, or home office, this space provides endless possibilities.

608 E Concord Street, Morganton

Listing courtesy of Fonta Flora Realty. jessicahodge123@gmail.com
$229,000
4343168 MLS ⋅ ACTIVE Status
Owner will consider "Owner Financing". Here's a great opportunity for a business in downtown Glen Alpine. For sale is the old Clinic Drug Store, which could be used for other possibilities, such as a studio apartment, retail business, or medical clinic. You'll need to do your due diligence to see what's allowed by the city of Glen Alpine. It has one half bathroom, an office area, and plenty of shelving for storage. The roof and the HVAC were replaced in 2018. The paid invoices are attached to the MLS documents. The town of Glen Alpine is starting to grow, with new ideas emerging from the town hall. Don't miss this opportunity.

106 Linville Street, Morganton

Listing courtesy of Fonta Flora Realty. greg@fontaflorarealty.com
$235,000
3 Beds ⋅ 2 Baths ⋅ 4338713 MLS ⋅ 1,236 SqFt. ⋅ ACTIVE Status
Welcome to your new home in the desirable Drexel area, a community within Burke County and adjacent to the mountain town of Morganton! Pride of ownership shines in this well-maintained, three-bedroom, two-bath, double-wide mobile home, owned and lovingly cared for by the same owner for nearly 30 years. New roof in 2024! Sliding glass door by the dining area provides additional light to the home. You won't believe the number of cabinets and storage in the kitchen, including a pantry. The kitchen is also highlighted by a tasteful ceramic backsplash. At the end of the counter top, an extended dining area is attached for added seating. Appliances include refrigerator, dishwasher, electric range. The vast living room, with views of the woods, includes a cultured stone, gas fireplace for added coziness during the cold, winter days (gas logs have never been used!). The primary bathroom features a custom walk-in shower. Ceiling fans throughout! Central HVAC for added comfort. City water! The residence sits on a private, one-acre wooded lot at the end of a paved, private drive offering exceptional peace and seclusion. A real plus is that this residence is under-bricked for a solid foundation! Additional awesome features include a single-car carport, a large storage building, and generous outdoor living spaces. Enjoy the peace and quiet of this neighborhood from the spacious covered front deck. This property offers a rare combination of privacy and functionality. Long- and short-term rentals permitted. Located less than 15 minutes to Interstate 40. Drexel is an outdoor-activity-oriented community making this home ideal as a full-time residence or a peaceful retreat close to nature. Sold unfurnished. Drexel centers on outdoor beauty, local history, and community events, with nearby attractions like McGalliard Falls Park, the Waldensian Heritage Trail & Museum, local farms, wineries, Lake James State Park, and the annual Drexel Fair offering nature, culture, and family entertainment. Additional High Country communities located less than an hour from this residence include Blowing Rock, Boone, Banner Elk, App State University (Hickory & Boone), and Linville (Linville Gorge). This is an ideal home offering a picturesque location with access to all amenities of the High Country. Schedule your showing today!

3435 Nelson Lane, Morganton

Listing courtesy of Keller Williams High Country. irenesawyer@kw.com
$299,900
2 Beds ⋅ 2 Baths ⋅ 4304764 MLS ⋅ 1,144 SqFt. ⋅ ACTIVE Status
Elegant single-level living awaits in Henry’s Glen. This brand-new townhouse, just minutes from downtown Morganton, offers an open-concept design with a soaring vaulted great room that blends the living, dining, and kitchen areas. A cozy gas fireplace anchors the space, while the chef’s kitchen features custom cabinetry, quartz countertops, and a full suite of appliances. The home includes spacious bedroom and a hall bath with ceramic tile. The private primary suite opens to a patio retreat and boasts a walk-in closet plus a spa-style bath with ceramic flooring and a walk-in shower. Thoughtful details abound—9-foot ceilings, crown molding, luxury flooring, and designer finishes throughout. An oversized single garage with rear-street access adds both convenience and curb appeal. Completion is scheduled for October 2025—secure your place now in this sought-after community.

102 Ivy Court, Morganton

Listing courtesy of Berkshire Hathaway HomeServices Blue Ridge REALTORS®. mwatts.bhhsbrr@gmail.com
$399,900
3 Baths ⋅ 4270172 MLS ⋅ ACTIVE Status
HUGE PRICE IMPROVEMENT! If you are looking to get into the restaurant industry or expand to a new location, check out this property. Located in the quaint town of Glen Alpine, this historic building is located at the corner of Catawba and Linville Streets and dates back to 1902. It is aptly named Glen Alpine Station as the train passes by the front doors on a daily basis. The current owner has recently updated the restaurant with a new roof in 2024, some new kitchen appliances and installed booths downstairs. An ornate wood staircase leads to the upstairs lounge area that has a full bar. The upstairs area showcases original hardwood floors that have been refurbished and beautifully arched windows with views over Main Street, as well as long range mountain views.

102 Linville Street, Morganton

Listing courtesy of Berkshire Hathaway HomeServices Blue Ridge REALTORS®. jonaharrell@gmail.com
$169,900
3 Beds ⋅ 2 Baths ⋅ 4220789 MLS ⋅ 952 SqFt. ⋅ ACTIVE Status
Motivated Seller! Back on Market, Buyer Loan Approval Revoked Do To Change Of Jobs, Nothing To Do With Property. House Is FHA Inspection READY!!! Call NOW, I Will Connect You To A Great Lender! Make An Offer… Move In Ready. Feels and looks like a new home. Comes With Carport, Two Sheds, Trane HVAC, Newer Fridge-Stove-Microwave, Washer & Dryer ALL Included! New Floors, Walls, Paint, Doors, Two New Pocket Doors - COMPLETELY REMODELED! Highlander Street Is Being Re-Vamped And Is So Convenient To I-40 On Exit 100. Just Minutes Ingles, Walmart, Planet Fitness, Staples, And Downtown Morganton. Why Rent When You Can Own This Gorgeous 3 Bed, 2 Bath Renovated Home For Less Than RENT? FHA & VA Zero Down Options! 100% Financing Available For Qualified Buyers! Love The Outdoors? Lake James Is ONLY 8 Miles Away With 25 Miles Of Biking And Hiking Trails, Zip Lines, Frisbee Golf, And More. Everything You Need! Perfect As A Dream Home Or Turnkey Airbnb Investment. Close To Asheville (AVL) And Charlotte (CLT) Airports. Don’t Miss Out – Schedule Your Tour Today!

113 Highlander Street, Morganton

Listing courtesy of Coldwell Banker Newton RE. MoveNCus@gmail.com

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