109 Herron St, Morganton, NC 28655
Property image
Property image
FOR SALE
NEW - 11 HRS AGO

$349,999

  • 6 Beds
  • 3 Baths
  • 2,692 sqft

109 Herron St, Morganton, NC 28655

Est. Mortgage $2,113/mo*
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Home Highlights

Multi-Family
Built in 1907
$130/sqft
3 Open Spaces

Local Information

  • Map ViewExplore the area around 109 Herron St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Home Details for 109 Herron St

Active Status

MLS Status: Active

Interior Features

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)

Exterior Features

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

Days on Market

Days on Market: <1 day on Trulia

Property Information

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

Price & Status

Price
List Price: $349,999Price Per Sqft: $130

Location

Direction & Address
City: Morganton
School Information
Elementary School: Forest HillJr High / Middle School: LibertyHigh School: Freedom

Agent Information

Listing Agent
Listing ID: 4425386

Building

Building Area
Building Area: 2692 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 0.23 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, Exchange

Business

Expense
Tenant Pays: Electricity, Water

Rental Terms, Policies & Fees

Owner Pays: Management

Miscellaneous

BasementMls Number: 4425386Attic: FinishedAttribution Contact: joe@broadpointrealestate.comAbove Grade Unfinished Area: 2692

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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 it’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 we’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. "

Market trends in Morganton

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$270K
$9.83K
MoM
Sale-to-List Price
Price per sq ft
$179
$3
MoM
Available listings
221
19
MoM

Home Value

Trulia Estimate
$335K
Since 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
MonthEstimated 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
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
$208,000
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

DateEventPrice
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

Joe Blumetti, Broadpoint Real Estate Group
Based on information submitted to the MLS GRID as of 2026-09-17 00:13:03 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.