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$127,000

Morganton, NC 28655
Listed by Ondria Ortiz · The Brown Keys Real Estate
Bedrooms
3
Bathrooms
3
Living area
780 sqft
Year built
1944

About this home

Unlock the potential of this unique investment property featuring three separate structures situated on a 1.07-acre lot. The main home is a 3-bedroom, 1-bath "bare bones" residence offering a blank canvas for renovation, value-add improvements, or redevelopment. In addition to the primary home, the property includes a mobile home and a trailer, both of which are currently rented, providing immediate income potential. Whether you're an investor looking to expand your rental portfolio, a developer seeking land with multiple-use possibilities, or a buyer looking for a property with built-in income streams, this opportunity deserves a closer look. With over an acre of land, there is room to explore future improvements while benefiting from existing rental occupancy. All three structures convey with the sale. Property is being sold as-is. Don't miss this chance to acquire a versatile property with multiple income-producing units and endless possibilities. Schedule your showing today and see the potential for yourself! This is an ENTRY ONLY listing! Listing firm does not hold EMD.

Property details

MLS #
CAR4393033
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
1
On market date
June 12, 2026
Stories
N/A
Total bathrooms
3
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.

Elementary
Glen Alpine Elementary
1.04 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
329
Student:teacher ratio
14.3:1
District
Burke County Schools
Middle
Table Rock Middle
2.92 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
6.06 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
3.3 / 20 -- Least walkable
Google Places amenity density
10 / 100
Restaurants & cafes0
Grocery stores0
Parks2
Schools0
Transit stops0
Pharmacies0

Market position

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

On the market 1 days -- 318 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.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$915/mo
$25,400 down
$101,600 loan
Principal & interest$659
Property tax (est.)$106
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated June 13, 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.