$750,000

805 Old Nc 18 Hwy Morganton, NC 28655

Estimated payment $4,837/month

35 Beds
-- Bath
4,144 Sq Ft
$181 Price per Sq Ft

Highlights

  • Attached Carport
  • Mull Elementary School Rated 9+
  • Baseboard Heating

About This Home

Here’s a rare opportunity to own a mixed-use income property with multiple dwellings all on one parcel. Sitting on nearly an acre of land, this setup includes a 4-unit apartment building, a detached 2-bedroom home, and a studio apartment in the basement of the house. The apartment building has a newer roof. Each of the 4 apartments are 2 bedrooms and 1 bathroom. Shared tenant garden space for enjoyment and community use. Together, they’ve provided a strong rental history with long term tenants. The property is located close to I-40.

Listing Agent

Sara Black

RE/MAX Southern Lifestyles Brokerage Email: sarab44@gmail.com License #C27960 Listed on: 08/22/2025

RE/MAX Southern Lifestyles

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1980

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 35 Bedrooms
  • 4,144 Sq Ft Home
  • Basement
  • Apartment Living Space in Basement
  • Electric Range

Parking

  • Attached Carport
  • Parking Lot

Schools

  • Mull Elementary School
  • Liberty Middle School
  • Patton High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • The owner pays for exterior maintenance, outdoor lighting, water
  • Assessor Parcel Number 2712042923

Property Details

Home Type

Apartment

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1980
  • Road Surface Type: Concrete, Paved
  • Geocode Confidence: High
  • Attribution Contact: sarab44@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Appliances: Electric Range, Refrigerator
  • Owner Pays: Exterior Maintenance, Outdoor Lighting, Water
  • Above Grade Finished Sq Ft: 4144
  • Has Basement: Apartment
  • Basement YN: Yes
  • Total Bedrooms: 35
  • Living Area: 4144

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport, Parking Lot

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Laundry Features: Other - See Remarks
  • Cooling: Window Unit(s)
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Liberty
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.99
  • Lot Size Units: Acres
  • Parcel Number: 2712042923
  • Zoning: R-3
  • Additional Parcels: No
  • Zoning Specification: County

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All except water
  • Pets Allowed: No

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • Elementary School: Mull
  • High School: Patton

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $750,000 -- $181 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4294667

Canopy MLS (Canopy Realtor® Association)