209 S King St, Morganton, NC 28655
Property image
Property image
SOLD
SEP 11, 2026

$645,000

Last sold price
  • 3 Beds
  • 4 Baths
  • 3,808 sqft

209 S King St, Morganton, NC 28655

Est. Refi. Payment $3,857/mo*
Refinance Your Home
Currently Off Market - Sold Sep 11, 2026 for $645,000 (1% below list price)

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
103 Ramsey St, Morganton, NC
0.39
Multi-Family Home
$595,000
04/09/26
8
8
3,840
410 Burkemont Ave #A-D, Morganton, NC
0.92
Multi-Family Home
$600,000
03/30/26
8
4
3,800
4247 Burkemont Rd, Morganton, NC
3.65
Multi-Family Home
$132,500
11/14/25
6
3
1,728
3036 State Highway 18 Us #64, Morganton, NC
6.56
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
207 S King St, Morganton, NC 28655
0.05
$219,400
2
2.5
1,700
Off Market
107 W Concord St, Morganton, NC 28655
0.04
$207,000
4
1
1,444
Recently Sold
115 W Meeting St, Morganton, NC 28655
0.07
$475,000
4
2.5
1,888
For Sale
208 S College St, Morganton, NC 28655
0.13
$433,800
5
2
2,349
Off Market
103 Glasbrook St, Morganton, NC 28655
0.18
$230,800
3
1
1,139
Off Market
2040 Hampson Rd, Morganton, NC 28655
0.18
$86,000
2
2
1,384
Recently Sold
Setzer Dr, Morganton, NC 28655
0.18
$63,000
-
-
-
Recently Sold
Vacant Lot Raintree Ln, Morganton, NC 28655
0.18
-
-
-
-
Off Market
1677 Robinhood Dr NW, Morganton, NC 28655
0.18
$422,600
3
3
2,359
Off Market
507 S College St, Morganton, NC 28655
0.24
$130,000
2
2
900
Recently Sold
101 Bay St, Morganton, NC 28655
0.26
$149,200
2
1
974
Off Market

Local Information

  • Map ViewExplore the area around 209 S King St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1947
3,808 sqft
$169/sqft
4 Open Spaces

About this House

Excellent investment opportunity featuring a beautifully renovated four-unit apartment building in the Historic Morganton Downtown area. Updated in 2022 with (3) units currently rented, this income-producing multifamily property offers immediate cash flow with stabilized occupancy from day one. The 4th unit has been serving as an Airbnb with the last reservation in mid-September at which time it will be converted to a full-time rental unit. The 2022 renovations strengthen the property’s value by improving tenant appeal, supporting rent stability, and reducing the likelihood of immediate capital expenditures for the new owner. The building is well positioned for investors seeking a turnkey rental asset, portfolio expansion, or a foothold in the multifamily market. Whether added to an existing rental portfolio or purchased as a standalone multifamily asset, this property provides a practical blend of current income, and future upside potential. Each unit offers a 1-bedroom, 1-bath layout with its own in-unit washer and dryer plus the 2nd floor units have private balconies. This property is perfect for investors looking for an established rental property with modernized units, stabilized tenancy, and walkable location essentials. 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. Additionally, 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.
209 S King St, Morganton, NC 28655 is a 3 bedroom, 3 bathroom, 3,808 sqft multi-family built in 1947. It last sold for $645,000 on Sep 11, 2026 (1% below the $649,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $3,167/month.
Last check for updates: about 22 hours ago
Listed by Joe Blumetti
Broadpoint Real Estate Group
Bought with: Joe Blumetti, (828) 443-8883, Broadpoint Real Estate Group
Source: Canopy MLS as distributed by MLS GRID, MLS#4408508

Home Details for 209 S King St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Storage Space
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 3808 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator, Washer/DryerDishwasherLaundry: In UnitMicrowaveRefrigerator
Heating & Cooling
Heating: DuctlessHas CoolingAir Conditioning: Ductless,Window Unit(s)Has HeatingHeating Fuel: Ductless
Windows, Doors, Floors & Walls
Flooring: Tile, Wood
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Wood
View
Has a ViewView: City
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: BalconyFencing: PartialExterior: Lawn Maintenance
Parking & Garage
Open Parking Spaces: 4Other Parking: Parking lot plus street parking.No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 4Parking: On Street,Parking Lot
Frontage
Responsible for Road Maintenance: Publicly Maintained RoadRoad Surface Type: Gravel, Paved
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation: 1000 FeetElevation: 1000Elevation Units: Feet
Finished Area
Finished Area (above surface): 3808 Square Feet

Days on Market

Cumulative Days on Market: 12

Property Information

Year Built
Year Built: 1947
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Colonial
Building
Construction Materials: Brick FullNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 2703268224

Price & Status

Price
List Price: $649,000Price Per Sqft: $169/sqft

Media

Location

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

Building

Building Area
Building Area: 3808 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 0.16 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, Exchange

Business

Expense
Tenant Pays: Electricity

Rental Terms, Policies & Fees

Owner Pays: Exterior Maintenance, Water

Miscellaneous

BasementMls Number: 4408508Attribution Contact: joe@broadpointrealestate.comAbove Grade Unfinished Area: 3808

Price and Tax history

DateEventPrice
Sep 11, 2026
Source: Canopy MLS as distributed by MLS GRID #4408508
Sold
$645,000
Jul 31, 2026
Source: Canopy MLS as distributed by MLS GRID #4408508
Listed For Sale
$649,000

Market trends in Morganton

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

Around this home

View nearby schools on GreatSchools
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. "
    0
    Flag
  • 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."
    0
    Flag
  • 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. "
    0
    Flag
  • Lisa B.
    "lots of dogs in the neighborhood. people clean up after pets. leashes used. it's a dog friendly community. "
    0
    Flag
  • Kellyrae0928
    "There is Tons of trails to walk, dog parks and greenway tracks! Most businesses are also dog friendly."
    1
    Flag
  • 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."
    0
    Flag
  • 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. "
    0
    Flag
  • 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!"
    5
    Flag
  • 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."
    0
    Flag
  • Ryanpatrickpage
    "Great people! No crime in my neighborhood. Park nearby with dog park. Plenty of places to grocery shop."
    0
    Flag
  • Sleepinbeauty305
    "I dont have kids so I have no idea. So sorry. It is how ever a good neighborhood and neighbors are friendly."
    0
    Flag
  • Sherry.young
    "Friday night Concerts on the square in downtown Morganton. Cute shops, restaurants and parks close by too. "
    0
    Flag
  • 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..."
    6
    Flag
  • 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 "
    0
    Flag
  • 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. "
    5
    Flag
  • 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. "
    2
    Flag
  • Lindsay S.
    "There are very few rentals allowing dogs. However, dogs are fairly common and accepted in this neighborhood. "
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-17 14:33:22 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 209 S King St

  • What is the price history for 209 S King St?
    209 S King St in Morganton, NC last sold for $645,000 in September 2026.
  • 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 $270K. That is down $9.83K 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 209 S King St have air conditioning?
    Yes, 209 S King St in Morganton, NC has air conditioning.
  • Does 209 S King St have laundry facilities?
    Yes, 209 S King St in Morganton, NC has laundry facilities.

Explore by feature - Pet Friendly

17 pet-friendly rentals in Morganton, NC

Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Washer/dryer

21 rentals with a washer/dryer in Morganton, NC

Explore by feature - Outdoor Space

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