$349,999
- 6 Beds
- 3 Baths
- 2,692 sqft
109 Herron St, Morganton, NC 28655
Est. Mortgage $2,113/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1907
$130/sqft
3 Open Spaces
Local Information
-- mins to
About this House
Unique investment opportunity located just 2 blocks from Downtown Morganton!! A single-family home along with a separate 2-unit apartment building is being sold together on the same lot for $349,999. All three units are occupied by long-term tenants, providing established rental income from day one. The single-family home currently rents for $1,350/month, while the two apartment units rent for $700/month and $800/month, for a combined rental income of $2,850/month or $34,200 annually. Additionally, there is an attached 480 Sqft. storage area/workshop which could be leased for additional income or possibly turned into additional living space. The location adds to the appeal of tenants with nearby access to a library, a movie theater, parks, walking trails, convenience stores, and Downtown Morganton where you’ll find an array of restaurants, bars, shops, and professional services. In addition, Burke Co. has been coined “Nature’s Playground” because of the State Parks/Trails & the thousands of acres of the Pisgah National Forest. This property is in a key location to access all the adventures the area has to offer plus it is only a five-minute drive to Exit 105 on I-40. The property combines current cash flow with location-driven tenant demand. Don’t miss out on this Morganton multifamily investment opportunity. Call today to schedule your private tour and learn more about this income-producing asset. PLEASE DO NOT DISTURB THE TENANTS. SHOWINGS BY APPOINTMENT ONLY. The prospective buyer or buyer’s agent must provide either written proof of funds sufficient to demonstrate the buyer’s ability to purchase the property or a current lender pre-approval letter for financing.
Last check for updates: about 7 hours ago
Listing Provided by: Joe Blumetti
Broadpoint Real Estate Group
Source: Canopy MLS as distributed by MLS GRID, MLS#4425386

Also Listed on Canopy MLS as distributed by MLS GRID.
Home Details for 109 Herron St
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MLS Status: Active |
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Interior Details Basement: Exterior Entry,Storage Space |
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 2692 Square Feet |
Appliances & Utilities Utilities: Electricity ConnectedAppliances: Electric Oven, Microwave, RefrigeratorLaundry: In BasementMicrowaveRefrigerator |
Heating & Cooling Heating: OilHas CoolingAir Conditioning: Ceiling Fan(s),Central Air,Window Unit(s)Has HeatingHeating Fuel: Oil |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Carpet, Linoleum, Wood |
Levels, Entrance, & Accessibility Accessibility: Two or More Access ExitsFloors: Carpet, Linoleum, Wood |
View No View |
Security Security: Carbon Monoxide Detector(s), Smoke Detector(s) |
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Exterior Home Features Roof: MetalPatio / Porch: Front Porch, PatioOther Structures: WorkshopExterior: Lawn Maintenance |
Parking & Garage Open Parking Spaces: 3No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 3Parking: Driveway |
Frontage Responsible for Road Maintenance: Publicly Maintained RoadRoad Surface Type: Gravel, Paved |
Water & Sewer Sewer: Public Sewer |
Farm & Range Frontage Length: Road Frontage: 217 |
Surface & Elevation Elevation: 1000 FeetElevation: 1000Elevation Units: Feet |
Finished Area Finished Area (above surface): 2692 Square Feet |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 1907 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Traditional |
Building Construction Materials: Brick Partial, Block, VinylNot a New ConstructionHas Additional Parcels |
Property Information Parcel Number: 2703345906Additional Parcels Description: 2703-34-5961 - Deed: 2737-584 |
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Price List Price: $349,999Price Per Sqft: $130 |
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Direction & Address City: Morganton |
School Information Elementary School: Forest HillJr High / Middle School: LibertyHigh School: Freedom |
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Listing Agent Listing ID: 4425386 |
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Building Area Building Area: 2692 Square Feet |
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Not Senior Community |
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Lot Area: 0.23 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, Exchange |
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Expense Tenant Pays: Electricity, Water |
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Owner Pays: Management |
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BasementMls Number: 4425386Attic: FinishedAttribution Contact: joe@broadpointrealestate.comAbove Grade Unfinished Area: 2692 |
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.
Market trends in Morganton
Last updated August 2026
Avg. sale price
$270K
$9.83KMoM
Sale-to-List Price
—
Price per sq ft
$179
$3MoM
Available listings
221
19MoM
Home Value
Trulia Estimate
$335KSince last month
Increased$147K (+78%)Since last year
Increased$157K (+88.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +113% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $335K |
| August 2026 | $188K |
| July 2026 | $182K |
| June 2026 | $194K |
| May 2026 | $187K |
| April 2026 | $184K |
| March 2026 | $165K |
| February 2026 | $160K |
| January 2026 | $147K |
2025 | |
2024 | |
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 |
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0.12 | Multi-Family Home | $595,000 | 04/09/26 | 8 | 8 | 3,840 | |
0.27 | Multi-Family Home | $645,000 | 09/11/26 | 3 | 4 | 3,808 | |
0.82 | Multi-Family Home | $600,000 | 03/30/26 | 8 | 4 | 3,800 | |
3.44 | Multi-Family Home | $132,500 | 11/14/25 | 6 | 3 | 1,728 | |
6.73 | Multi-Family Home | $150,000 | 01/30/26 | 8 | 4 | 2,902 |
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 |
|---|---|---|---|---|---|---|
0.04 | $130,000 | 2 | 2 | 900 | Recently Sold | |
0.11 | $181,300 | 3 | 2 | - | Off Market | |
0.10 | $216,000 | 2 | 2 | 1,998 | For Sale | |
0.12 | $595,000 | 8 | 8 | 3,840 | Recently Sold | |
0.22 | $238,500 | 3 | 2 | 1,344 | Off Market | |
0.22 | $219,400 | 2 | 2.5 | 1,700 | Off Market | |
0.23 | $182,300 | 3 | 1 | 964 | Recently Sold | |
0.26 | $207,000 | 4 | 1 | 1,444 | Recently Sold | |
0.25 | $146,000 | 2 | 1 | 974 | Off Market | |
0.26 | $433,800 | 5 | 2 | 2,349 | Off Market | |
0.27 | $645,000 | 3 | 4 | 3,808 | Recently Sold |
Price and Tax history
| Date | Event | Price |
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Sep 17, 2026 Source: Canopy MLS as distributed by MLS GRID #4425386 | Listed For Sale | $349,999 |
Jul 3, 2023 Source: Zillow Rentals | ListingRemoved | |
Jun 26, 2023 Source: Zillow Rentals | Listed For Rent | $1,350 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Joe Blumetti, Broadpoint Real Estate Group

Based on information submitted to the MLS GRID as of 2026-09-17 01:03:06 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
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Frequently asked questions about 109 Herron St
- What is the estimated monthly payment for 109 Herron St?Based on a $349,999 list price with 20% down at today's rates, the estimated monthly payment for 109 Herron St in Morganton, NC is approximately $2,176 (about $1,911 principal & interest, $190 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 109 Herron St compare to homes in Morganton?109 Herron St in Morganton, NC is listed at $349,999, about 30% above the $270K median sale price in Morganton.
- 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 homes for sale in Morganton, NC.
- What are the closest schools to 109 Herron St?The closest schools to 109 Herron St in Morganton, NC are Freedom High (rated 4/10), Mountain View Elementary (Pre-K, rated 4/10), Walter R Johnson Middle (rated 5/10).
- Does 109 Herron St have air conditioning?Yes, 109 Herron St in Morganton, NC has air conditioning.
- Does 109 Herron St have laundry facilities?Yes, 109 Herron St in Morganton, NC has laundry facilities.
109 Herron St, Morganton, NC 28655 is a 6 bedroom, 3 bathroom, 2,692 sqft multi-family built in 1907. This property is currently available for sale and was listed by Canopy MLS as distributed by MLS GRID on Sep 17, 2026. The MLS # for this home is MLS# 4425386.

