103 Apartment St, Morganton, NC 28655
Property image
Property image
OFF MARKET

$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

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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

  • Map ViewExplore the area around 103 Apartment St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Active Status

MLS Status: Closed

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 15

Property Information

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

Price & Status

Price
List Price: $425,000

Location

Direction & Address
City: Morganton
School Information
Elementary School: DrexelJr High / Middle School: HeritageHigh School: Jimmy C Draughn

Building

Building Area
Building Area: 5040 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 0.51 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Business

Expense
Tenant Pays: All Except Water

Rental Terms, Policies & Fees

Owner Pays: Sewer, Water

Miscellaneous

Mls Number: 4072954Attribution Contact: matt.crotts@nestrealty.com

Price and Tax history

DateEventPrice
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

Market trends in Morganton

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$280K
$38.5K
MoM
Sale-to-List Price
โ€”
Price per sq ft
$182
$21
MoM
Available listings
202
3
MoM

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.
  • Ashleyjay1125
    "Morganton is small but itโ€™s quite not a lot of crime, with a country like setting most anywhere you live. "
  • Schafincow13
    "Great friendly people . Always something to do down town. Live bands you can hear from the house. Breweries near by. Movie theatre. Down town Morganton does trick r treating and also the churches do trunk r treating. We have an actual witch that lives near by. There are dog parks that you can take your fury friend to. Several festivals near by. Firework display in parks and other town close by."
  • Prkrrp
    "We have lots of festivals throughout the year. Our town has several parades to celebrate different holidays. We several parks in the community that support local sports and out door activities. Lake James is also close by. Lake James is good for fishing, swimming and boating. "
  • Lisa B.
    "lots of dogs in the neighborhood. people clean up after pets. leashes used. it's a dog friendly community. "
  • Kellyrae0928
    "There is Tons of trails to walk, dog parks and greenway tracks! Most businesses are also dog friendly."
  • Bananasrock84
    "I feel very safe in my neighborhood. The neighbors are very friendly and helpful. I've never had to worry about my mail or packages going missing."
  • Shelly S.
    "We have a good community, low crime rate and genuinely nice friendly people. I know all of my neighbors, and we all try to lend a helping hand when needed. We may not live in Mayberry but we have a small town feel. "
  • Brandi N. P.
    "I live in Morganton in the Parkview Apartments and it is wonderful. Upkeep is always done in a timely manor, I feel safe at home. Really quiet neighborhood, walking distance to Bethel Park. Clean. Nice neighbors that become friends, we love it!"
  • Trulia User
    "I have lived in Morganton all of my life. It is a great place to live with lots of Southern charm. Small town environment meets the rural South."
  • Ryanpatrickpage
    "Great people! No crime in my neighborhood. Park nearby with dog park. Plenty of places to grocery shop."
  • Sleepinbeauty305
    "I dont have kids so I have no idea. So sorry. It is how ever a good neighborhood and neighbors are friendly."
  • Sherry.young
    "Friday night Concerts on the square in downtown Morganton. Cute shops, restaurants and parks close by too. "
  • kevinsimpsondc
    "I own a downtown condo with my wife. We both grew up in Morganton, both love it and both hope to retire and move back to Morganton! It's a great place to raise a family and offers many options for how the parents want to raise their children. Overall, you will get from it what you put into it..."
  • Dameronlyon
    "It's quiet peacefull,besides k9ds playing nearby at the school and in my neighborhood.Near the mountains and beautiful sights yet also close to town and shopping "
  • Lyssaleigh1972
    "My husband retired from the navy, 20 year service and we moved here from Norfolk Virginia. It was difficult at first but weโ€™ve been here for about 4 years now and I love it. My son goes to New Dimensions, best school in my opinion. We are looking for our forever home here in Morganton. "
  • Lyssa L.
    "easy access to everything. Interstate, shopping, movies, restaurants, brewing..ect. I have lived for about 4 years and I love it. The people are diverse and nice. good school and nice parks. "
  • Lindsay S.
    "There are very few rentals allowing dogs. However, dogs are fairly common and accepted in this neighborhood. "

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.

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