INNOVATE Real Estate
Apartment at Hickory
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$950,000

Hickory, NC 28601
Listed by Caleb Rice · C. Rice and Associates LLC
Bedrooms
2
Bathrooms
1
Living area
5,632 sqft
Year built
1970

About this home

Presenting a fully leased, 8-unit all-brick property with a recently replaced roof. Located in the thriving heart of Hickory, NC, just steps from the exciting new Riverwalk and major community developments, this property offers stability and long-term growth potential. With a solid rent roll and 100% occupancy, this turnkey investment is ready for you to capitalize on the area's ongoing revitalization. Don't miss out—contact the listing agent today to secure your next high-yield asset!

Property details

MLS #
CAR4349196
Property type
Apartment
Subdivision
Oakland Heights
Status
Active
Days on market
99
On market date
March 16, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Oakwood Elementary
0.84 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
315
Student:teacher ratio
15.0:1
District
Hickory City Schools
Middle
Grandview Middle
3.07 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
426
Student:teacher ratio
16.4:1
District
Hickory City Schools
High
Hickory Career Arts Magnet High School
1.47 mi away · Grades 6-12
Zoned school (attendance boundary, 2015-16 data)
4.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
188
Student:teacher ratio
9.9:1
District
Hickory City Schools

Walkability

Blended score for Hickory'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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

44
Somewhat walkable
out of 100
EPA National Walkability Index
8.8 / 20 -- Below average walkable

Market position

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

On the market 99 days -- 31 fewer days than Hickory's current average of 130 days.
For reference, the median list price across 370 active listings in Hickory right now is $326,945.

Mortgage calculator

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Est. monthly payment
$5,871/mo
$190,000 down
$760,000 loan
Principal & interest$4,929
Property tax (est.)$792
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 23, 2026.

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.