Single Family Residence at 601 Hennessee Street, Morganton
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21 photos

$135,000

601 Hennessee Street
Morganton, NC 28655
Listed by Jairo Betancourt-Uribe · RU4 Real Estate, Inc.
Bedrooms
3
Bathrooms
1
Living area
1,008 sqft
Year built
1975

About this home

Investor opportunity priced at $135,000, this property is ready for someone with the vision to bring it back to life. Cash investors encouraged! The home is in need of a new deck, HVAC system, and general TLC throughout. A full basement offers tons of potential for additional finished space, giving the next owner an opportunity to increase the home's usable living area and overall value. The property is currently connected to city water and served by a septic system. Conveniently located within walking distance of Simpson Field Park. Whether you're looking for your next flip, rental investment, or renovation project, this property offers plenty of potential at an attractive price point. Schedule your showing to see the possibilities!

Property details

MLS
Canopy MLS
MLS #
CAR4425023
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
15
On market date
September 15, 2026
Stories
N/A
Total bathrooms
1
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
0.36 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
2.42 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
5.38 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 15 days -- 227 fewer days than Morganton's current average of 242 days.
For reference, the median list price across 479 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.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$963/mo
$27,000 down
$108,000 loan
Principal & interest$700
Property tax (est.)$113
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 16 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.