Apartment at 2106 Pax Hill Road, Morganton
Apartment at 2106 Pax Hill Road, Morganton, photo 2 of 15
Apartment at 2106 Pax Hill Road, Morganton, photo 3 of 15
Fresh Paved Parking Lot - 2106 Pax Hill Road, Morganton
Apartment at 2106 Pax Hill Road, Morganton, photo 5 of 15
Kitchen - 2106 Pax Hill Road, Morganton
Back Deck - 2106 Pax Hill Road, Morganton
Bedroom - 2106 Pax Hill Road, Morganton
Bedroom - 2106 Pax Hill Road, Morganton
Hallway - 2106 Pax Hill Road, Morganton
Living Room - 2106 Pax Hill Road, Morganton
Bathroom - 2106 Pax Hill Road, Morganton
Bathroom - 2106 Pax Hill Road, Morganton
Living Room/ Dining Area - 2106 Pax Hill Road, Morganton
Dining Area - 2106 Pax Hill Road, Morganton
15 photos

$499,999

2106 Pax Hill Road
Morganton, NC 28655
Listed by Mike Shehan · C Shane Cook & Associates
Bedrooms
4
Bathrooms
4
Living area
2,640 sqft
Year built
1990

About this home

Well maintained fully renovated four unit multi family investment property. Conveniently located between Morganton and Lenoir. Property has four 1 bedroom 1 bath units. Fully occupied with consistent rental income and excellent occupancy. New water heater installed in 2025. 3 HVAC systems are less than 3 years old. All appliances are less than 5 years old. Newly paved parking lot. Owner pays for water. All other utilities are paid by the tenants.

Property details

MLS
Canopy MLS
MLS #
CAR4438151
Property type
Apartment
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
October 30, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
New Dimensions
3.02 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
470
Student:teacher ratio
14.7:1
District
The New Dimensions School
Middle
Walter R Johnson Middle
2.7 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
489
Student:teacher ratio
15.3:1
District
Burke County Schools
High
Burke Middle College
6.24 mi away · Grades 11-12
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
128
Student:teacher ratio
42.7:1
District
Burke County Schools

Walkability

Blended score for Morganton's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

14
Very car-dependent
out of 100
EPA National Walkability Index
4.5 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Morganton, from live MLS data.

On the market 0 days -- 234 fewer days than Morganton's current average of 234 days.
For reference, the median list price across 500 active listings in Morganton right now is $229,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,161/mo
$100,000 down
$399,999 loan
Principal & interest$2,594
Property tax (est.)$417
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.