INNOVATE Real Estate
Portfolio at Morganton
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$699,900

Morganton, NC 28655
Listed by Travis Smith · RE/MAX Executive
Bedrooms
18
Bathrooms
9
Living area
3,785 sqft
Year built
1998

About this home

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 broker. Some appliances belong to the tenants. Each unit is individually deeded, but the Seller will not sell them individually

Property details

MLS #
CAR4360522
Property type
Portfolio
Subdivision
None
Status
Active
Days on market
19
On market date
March 23, 2026
Stories
N/A
Total bathrooms
9
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.

Elementary
W A Young Elementary
5.01 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
309
Student:teacher ratio
12.4:1
District
Burke County Schools
Middle
Table Rock Middle
7.15 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
560
Student:teacher ratio
16.5:1
District
Burke County Schools
High
Burke Middle College
8.29 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).

11
Very car-dependent
out of 100
EPA National Walkability Index
3.7 / 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 19 days -- 300 fewer days than Morganton's current average of 319 days.
For reference, the median list price across 372 active listings in Morganton right now is $220,000.

Mortgage calculator

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

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Est. monthly payment
$4,365/mo
$139,980 down
$559,920 loan
Principal & interest$3,632
Property tax (est.)$583
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated April 11, 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.