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Morganton, NC Multifamily Homes & Duplexes for Sale

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  • /23

    $299,000

    $50K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 1,602 Sq Ft

    100 Normandy Dr, Morganton, NC 28655

    Rare property! Great location! Approximately 1600sf duplex with a solid 14 year rental history. Two bed, one bath per unit on a comfortable sized lot on Carbon City road within Morganton city limits. Connected to city water and sewer. Across the street from Carbon City park/playground and a police/fire station. Close to I-40, Ingles, downtown, local colleges, the Linville Gorge and the Pisgah

    Robin Sams Carolina Realty Solutions

    100 Normandy Dr, Morganton, NC 28655
  • /45

    $699,900

    $75K PRICE DROP
    • 18 Beds
    • 9 Baths
    • 3,785 Sq Ft

    4467 Patti Clymer Dr Unit 1, Morganton, NC 28655

    Calling all investors. Looking for a income producing property? There are 6 income-producing homes that are all on their own deeded lot, 8 total lots ac 4.5. Tax record is for all lots and the 6 units. Seller will not sell individual homes. Homes have been updated and well-kept. Good-paying tenants. Do not drive on the property or approach any of the tenants. The owner is an NC real estate

    Travis Smith RE/MAX Executive

    4467 Patti Clymer Dr Unit 1, Morganton, NC 28655
  • /39

    $649,000

    • 4 Beds
    • 4 Baths
    • 3,808 Sq Ft

    209 S King St, Morganton, NC 28655

    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

    Joe Blumetti Broadpoint Real Estate Group

    209 S King St, Morganton, NC 28655
  • /27

    $229,900

    $15K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,128 Sq Ft

    620 Linville St, Morganton, NC 28655

    Don’t miss this updated duplex situated on a spacious 0.73-acre lot! Each unit features 2 bedrooms and 1 full bath, offering comfortable layouts ideal for tenants, owner-occupants, or extended family living. Potential to combine the units with interior stairs to make one single family home. This upstairs/ downstairs duplex style allows for single level living and each unit has its own laundry

    Harrison Webb Fonta Flora Realty

    620 Linville St, Morganton, NC 28655
  • /3

    $648,000

    $138K PRICE INCREASE
    • 12 Beds
    • 6 Baths
    • 4,974 Sq Ft

    0 E Meeting St, Morganton, NC 28655

    Motivated Seller - AS-IS - NO REPAIRS - CASH ONLY - Currently rented for $6,160 per month. $6160 rent/month - cash flowing- PORTFOLIO INCLUDES MLS#4383250, MLS#4369866, MLS#:4387176

    Freddy Karmatz FK and Associates Real Estate Firm

    0 E Meeting St, Morganton, NC 28655
  • /4

    $6,999,500

    • 1,000 Sq Ft

    111 Ross St, Morganton, NC 28655

    Vintage 52 Unit Mobile Home Park and 3 Developable acres with great cash flow in Morganton. Sitting within an opportunity zone just off I-40 Exit 103 near Chik-fil-a, Chicken Salad Chick, Lowes Hardware, Rural King, Western Piedmont Community College and so much more!40 seller-owned units and 12 tenant-owned units with an average rent of $833/month. Gross monthly cash flow of $43,330 and a 7%

    Allen Curtis C Shane Cook & Associates

    111 Ross St, Morganton, NC 28655

Why Live in Morganton

Morganton, North Carolina, established in 1784 and the seat of Burke County, offers a rural feel with a population of approximately 17,500. Nestled by the Blue Ridge and Smoky Mountains, Morganton provides unique mountain views and proximity to outdoor activities, including hiking at South Mountains State Park and adventures on Lake James. The city manages 14 parks and recreation centers, such as Catawba Meadows Park and Martha’s Park, offering various attractions like ziplining, disc golf, and splash pads. Morganton’s housing includes midcentury modern ranch-style homes, Cape Cods, Tudor Revival cottages, and historic American Craftsman bungalows. The Jonesboro Historic District features shotgun houses from the early 1900s, while newer builds and condos are also available. Downtown Morganton hosts restaurants, shops, and the Morganton Farmers Market, with major employers including Leviton Manufacturing, Case Farms, and UNC Health Blue Ridge. The Burke County Schools district and Freedom High are highly rated, and the city is home to the North Carolina School for the Deaf and Western Piedmont Community College. Morganton is close to Interstate 40, with Asheville 60 miles west and Hickory 20 miles east. The Foothills Regional Airport is 9 miles northeast, and Charlotte Douglas International Airport is 70 miles southeast. The Morganton Festival and TGIF Summer Concert Series are popular local events. The city has seen a decrease in violent and property crime, making it safer than the national average. Morganton experiences four distinct seasons, with hot summers and cool, mildly snowy winters.

Home Price Trends

Median Sale Price
$279,900
Median Single Family Sale Price
$296,754
Median Townhouse Sale Price
$286,450
Median 2 Bedroom Sale Price
$220,000
Median 1 Bedroom Sale Price
$334,000
Average Price Per Sq Ft
$198
Number of Homes for Sale
196
Last 12 months Home Sales
449
Months of Supply
5.20
Median List Price
$309,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
0%
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