Refine Search
Map
Sort by
$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
$60,000
2 Beds ⋅ 1 Baths ⋅ 4405555 MLS ⋅ 800 SqFt. ⋅ ACTIVE Status
BRING ALL OFFERS! 7868 Kinglet Drive is priced for a quick sale and offers an excellent opportunity for investors or owner-occupants alike. This 2-bedroom, 1-bath townhouse features approximately 800 square feet of living space with an open living area, kitchen, deck, and convenient in-bath laundry. The home includes a dishwasher, electric range, refrigerator, and electric water heater. The HVAC system was recently serviced. Being sold "as is, where is," this property presents a great opportunity to add value, build equity, or generate rental income. Whether you're looking for your next investment property or an affordable place to call home, don't miss this opportunity. Bring all offers!

7868 Kinglet Road, Connelly Springs

Listing courtesy of Horizon Realty Associates LLC. edhallyburton@gmail.com
$475,000
4380031 MLS ⋅ ACTIVE UNDER CONTRACT Status
Welcome to your next big move in the heart of downtown Morganton! This beautifully updated commercial space offers 2,423 square feet of flexible workspace that's ready to impress. With seven offices spread across two levels; three on the main floor and four upstairs- there's plenty of room for a growing team or multiple uses. The main level features an open conference area plus a handy kitchenette, perfect for those working lunches. Modern upgrades throughout give the space a fresh, professional feel, and the ADA-accessible bathroom ensures everyone feels welcome. Convenient parking makes daily arrivals a breeze for you and your clients alike. Situated moments from Courthouse Square and the COMMA Performing Arts Center, you're right where the action is. The possibilities here are truly endless; whether you're launching a new venture or expanding an existing one. Schedule your showing today!

408 S Green Street, Morganton

Listing courtesy of RE/MAX Prestige Legacy. jonishavancerealestate@gmail.com
$499,900
4356633 MLS ⋅ ACTIVE Status
This turnkey automotive service center offers a rare opportunity to purchase both the commercial real estate and a fully equipped automotive facility ready for immediate operation. The property includes equipment for exhaust installation, 3-lifts, tire machine, tire balancer, tools, tools and more tools and office equipment. Also included is an International rollback tow truck giving the next owner the opportunity to begin towing operations or join a local rotation. An additional structure on the property is properly zoned (and currently used as) for an used automotive sales business, allowing flexibility for multiple revenue streams including auto repair, tire sales, towing, or a used car lot. The property features over 270 feet of road frontage and is conveniently located less than one mile from Interstate 40, offering excellent visibility and accessibility. This property presents an outstanding opportunity for an owner-operator or investor seeking a true turnkey automotive business location with equipment, infrastructure, and commercial zoning already in place.

1134 Eldred Se Street, Valdese

Listing courtesy of Patton & Belote Realty. damionpattonrealestate@gmail.com
$195,000
4342523 MLS ⋅ ACTIVE Status
Unique opportunity in downtown Glen Alpine. This former small auto repair shop features a 3-bay garage with office space and has been unused for several years. Could be ideal for vintage car enthusiasts needing storage space or for artists looking for a creative workspace. A convenient location is enhanced by long-range mountain views, providing an inspiring backdrop.

115 Linville Street, Morganton

Listing courtesy of Nest Realty Morganton. leanne.brittain@nestrealty.com
$58,000
2 Beds ⋅ 3 Baths ⋅ 4336595 MLS ⋅ 1,300 SqFt. ⋅ ACTIVE Status
Location and lifestyle set this property apart with A RARE opportunity to complete your own renovation priced to move! Whether you're looking for a weekend getaway, investment property, short-term rental, or affordable foothills retreat, this townhome offers the opportunity to enjoy mountain living surrounded by nature and outdoor adventure. Escape to the quiet beauty of the North Carolina foothills in this charming townhome located within the sought-after Pine Mountain community. Surrounded by towering trees and rolling mountain landscapes, this home offers a rare opportunity to enjoy a relaxed, nature-filled lifestyle just minutes from hiking trails, golf courses, and the breathtaking scenery of South Mountains State Park. Inside, the two-story layout provides comfortable living with a welcoming main level and private upstairs bedrooms. Half bath on the main level with one full bath up and an ensuite in the primary bedroom. Large windows bring the outdoors in, filling the space with natural light and tranquil wooded views. The Pine Mountain community is known for its gated, peaceful mountain atmosphere, winding mountain roads, and access to outdoor recreation. Whether you're looking for a serene weekend escape, a cozy mountain retreat, or an investment opportunity, this home offers the perfect balance of privacy, nature, and convenience. Experience the charm of foothills living where mornings begin with birdsong and evenings end with quiet mountain sunsets. This is a renovation property you will not want to miss out on!

7882 Kinglet Road, Connelly Springs

Listing courtesy of Collective Realty LLC. 704-705-8008
$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
$2,700,000
4263026 MLS ⋅ ACTIVE Status
At 2,539 ft elevation, Hidden Hill Venue & Conference Center delivers sweeping panoramic views of Grandfather Mtn, Lake James, Mt.Mitchell & the Black Mtn Range w/ potential for both continued commercial use or a private luxury estate conversion. The centerpiece is a 4,790 sq ft barn-style structure built in 2017, blending the elegance of a southern estate w/ the functionality of an open-concept event space. Soaring ceilings, upscale finishes & seamless indoor-outdoor flow provide a stunning backdrop for weddings, retreats, or residential living. 2024 updates include a new extended patio ($20K), sealcoated driveway, new underground drain pipes & fresh sod across 40% of the front yard. New booster pump, sprinkler pump & water pressure tank. HVAC unit received a new compressor in 2024. Serene & accessible, between Asheville & Charlotte. 70-car parking lot, established vendors & a loyal client base. This is a turn-key venue opportunity—or a mountaintop retreat waiting to be reimagined.

6572 Burkemont Road, Morganton

Listing courtesy of True North Realty. Katie@nctruenorthrealty.com
$475,000
4190566 MLS ⋅ ACTIVE Status
THIS PROPERTY IS AVAILABLE FOR SALE...IT IS LEASED ON A MONTH-TO-MONTH BASIS. Own a piece of Morganton’s history! Originally St. Stephens Episcopal Church, this charming property was thoughtfully renovated in 2021, blending its historical architecture with modern updates. Renovations were for a doughnut shop and included a new roof and HVAC. Kitchen is downstairs, so space was left to add a dumbwaiter. If looking for a restaurant space, enjoy the tankless water heaters, vented hood and grease trap (also added in 2021) making it ready for continued culinary use or a fresh business venture. Plenty of seating in the main dining area and there's also outdoor patio seating. Located behind the Fairfield Inn & Suites and across the street from Morganton's vibrant central business district. Downtown Morganton is perfect for anyone looking to invest in a thriving community with a blend of history and modern growth. Downtown Morganton has shopping, dining, and places a strong emphasis on the arts. Don’t miss this unique opportunity!

318 Bouchelle Street, Morganton

Listing courtesy of Berkshire Hathaway HomeServices Blue Ridge REALTORS®. lemulwee@bellsouth.net

“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Real Estate Company nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”