$395,000
Last sold price
- 8 Beds
- 8 Baths
- 5,040 sqft (on 0.51 acres)
103 Apartment St, Morganton, NC 28655
Currently Off Market - Sold Dec 4, 2023 for $395,000
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
4.46 | Multi-Family Home | $595,000 | 04/09/26 | 8 | 8 | 3,840 | |
5.21 | Multi-Family Home | $600,000 | 03/30/26 | 8 | 4 | 3,800 | |
5.30 | Multi-Family Home | $150,000 | 01/30/26 | 8 | 4 | 2,902 | |
6.86 | Multi-Family Home | $515,000 | 02/23/26 | 12 | 6 | 4,536 | |
6.82 | Multi-Family Home | $132,500 | 11/14/25 | 6 | 3 | 1,728 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $144,700 | 2 | 1 | 1,020 | Off Market | |
0.06 | $107,500 | 2 | 1 | 1,020 | Off Market | |
0.11 | $266,400 | 4 | 1.5 | 1,784 | Off Market | |
0.10 | $275,500 | 3 | 2 | 1,509 | Off Market | |
0.10 | $283,900 | 3 | 2 | 1,485 | Off Market | |
0.10 | $213,100 | 2 | 1 | 1,278 | Off Market | |
0.10 | $257,000 | 3 | 2 | - | Off Market | |
0.13 | $304,900 | 3 | 2 | 1,485 | Recently Sold | |
0.12 | $232,500 | 3 | 2 | 1,634 | Recently Sold | |
0.17 | $240,400 | 3 | 2 | 1,177 | Off Market | |
0.16 | $202,400 | 3 | 2 | 1,232 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1947
0.51 acre lot
5,040 sqft
Parking Lot
About this House
Rare opportunity to own an eight unit apartment building in Drexel - Income producing investment! Great location! Eight one bedroom one bath units. All the windows have been replaced in 2020. Each unit is individually metered for power. Owner pays for water and sewer.
103 Apartment St, Morganton, NC 28655 is a 8 bedroom, 8 bathroom, 5,040 sqft multi-family built in 1947. It last sold for $395,000 on Dec 4, 2023 (7% below the $425,000 asking price). This property is not currently displayed as for sale or rent on Trulia.
Last check for updates: about 12 hours ago
Listed by Matt Crotts
Nest Realty Morganton
Bought with: Tyler Wilcox, (828) 446-4891, EXP Realty LLC Mooresville
Source: Canopy MLS as distributed by MLS GRID, MLS#4072954

Home Details for 103 Apartment St
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MLS Status: Closed |
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 8Number of Bathrooms (full): 8 |
Dimensions and Layout Living Area: 5040 Square Feet |
Appliances & Utilities Appliances: Electric Range, RefrigeratorLaundry: NoneRefrigerator |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Electric |
Levels, Entrance, & Accessibility Stories: 2 |
View No View |
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Exterior Home Features Roof: RubberFoundation: Crawl Space |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Parking Lot |
Frontage Responsible for Road Maintenance: Publicly Maintained RoadRoad Surface Type: Asphalt |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation: 1000 FeetElevation: 1000Elevation Units: Feet |
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Cumulative Days on Market: 15 |
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Year Built Year Built: 1947 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New Construction |
Property Information Parcel Number: 10576 |
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Price List Price: $425,000 |
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Direction & Address City: Morganton |
School Information Elementary School: DrexelJr High / Middle School: HeritageHigh School: Jimmy C Draughn |
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Building Area Building Area: 5040 Square Feet |
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Not Senior Community |
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Lot Area: 0.51 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Expense Tenant Pays: All Except Water |
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Owner Pays: Sewer, Water |
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Mls Number: 4072954Attribution Contact: matt.crotts@nestrealty.com |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 4, 2023 Source: Canopy MLS as distributed by MLS GRID #4072954 | Sold | $395,000 |
Oct 20, 2023 Source: Canopy MLS as distributed by MLS GRID #4072954 | Pending | $425,000 |
Sep 26, 2023 Source: Canopy MLS as distributed by MLS GRID #4072954 | Listed For Sale | $425,000 |
Dec 30, 2005 Source: N/A | Sold | $47,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $2,933 | $390,816 |
Home facts updated by county records
Market trends in Morganton
Last updated July 2026
Avg. sale price
$280K
$38.5KMoM
Sale-to-List Price
โ
Price per sq ft
$182
$21MoM
Available listings
202
3MoM
Around this home
What Locals Say about Morganton
At least 149 Trulia users voted on each feature.
84 % Say parking is easy
81 % Say yards are well-kept
80 % Say car is needed
72 % Say it's dog friendly
67 % Say there's holiday spirit
58 % Say they plan to stay for at least 5 years
58 % Say it's quiet
58 % Say kids play outside
52 % Say people would walk alone at night
51 % Say there's wildlife
49 % Say neighbors are friendly
49 % Say streets are well-lit
34 % Say it's walkable to restaurants
33 % Say there are sidewalks
32 % Say it's walkable to grocery stores
29 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-11 01:04:26 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
Frequently asked questions about 103 Apartment St
- What is the price history for 103 Apartment St?103 Apartment St in Morganton, NC last sold for $395,000 in December 2023.
- Is Morganton a buyer's or seller's market?Morganton is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Morganton?The median sale price in Morganton is $280K. That is up $38.5K from the prior month.
- What do residents say about Morganton?Residents describe Morganton, NC as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Morganton, NC.
- Does 103 Apartment St have air conditioning?Yes, 103 Apartment St in Morganton, NC has air conditioning.
- Does 103 Apartment St have parking?Yes, 103 Apartment St in Morganton, NC has on-site parking.

