$320,000
 $1,669 est/mo Sourced by Back At You

1101 College Avenue,Lenoir, NC 28645

Lenoir, NC 28645

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Description

Income-producing multi-unit property currently operated as four separate units. Electrical updates and improvements completed by current owner. New roof installed in 2023. Units feature window HVAC systems. One unit does not have a kitchen. All tenants are on month-to-month leases, providing flexibility for an investor. Current rents total $2,900/month across four units. Excellent opportunity for immediate cash flow or value-add potential.

Details

MLS #4345154
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site264
Listing Provided ByNestlewood Realty, LLC | Alba Carbajal Martinez

Features

Bed(s)6
Bath(s) 5 Total
SQ Feet2,844
Garage1
Units3
Acreage0.25

Interior

CoolingWindow Unit(s)
HeatingOther - See Remarks
AppliancesNone

Exterior

Construction MaterialsHard Stucco
Foundation DetailsCrawl Space

Parking

Garage Yes / NoYes
Parking FeaturesDriveway, Detached Garage, On Street

Other

List AorCanopy Realtor Association

Taxes

Property232500

Area Information

StateNC
CountyCaldwell
CityLenoir
Zip Code28645
AreaCaldwell
School DistrictUnspecified
Elementary SchoolUnspecified
High SchoolUnspecified
Listing VS Median (in 28645)
Price:
$320,000
low | high
Med:
$292,200
58.6875% of Average
sqft:
2,844
low | high
Med:
1,542
95.7805907173% of Average
$ / sqft:
$113
low | high
Med:
$198
25.80208798723% of Average
On site:
264
low | high
Med:
324
81.481481481481% of Average
Sourced by Back At You

Market Activity 28645

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of November 2, 2026 at 7:35:02 AM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateNC
CountyCaldwell
CityLenoir
Zip Code28645
AreaCaldwell
School DistrictUnspecified
Elementary SchoolUnspecified
High SchoolUnspecified
Listing VS Median (in 28645)
Price:
$320,000
low | high
Med:
$292,200
58.6875% of Average
sqft:
2,844
low | high
Med:
1,542
95.7805907173% of Average
$ / sqft:
$113
low | high
Med:
$198
25.80208798723% of Average
On site:
264
low | high
Med:
324
81.481481481481% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 11:05:30 PM PDT