For Sale $599,000
Investor opportunity! This well-maintained 6-unit multi-tenant complex offers a strong mix of layouts, featuring four 2BR/1.5BA townhouse-style units, one accessible 2BR/2BA ground-floor unit, and one 2BR/1.5BA second-floor unit. Two of the units have been recently refreshed with new paint, luxury vinyl plank flooring, and thoughtful interior updates. Roof replaced in 2017. This is a true turnkey investment with stable tenants already in place, providing immediate income and excellent long-term potential. Located in a desirable area of Hickory, the property offers consistent cash flow today with the opportunity to continue value-add improvements and increase rental income over time. A solid addition to any investor’s portfolio. Update 12/2: Multiple offers- Calling for Highest & best to be submitted by Thursday 12/4 by 5pm.
| List Price: | $599,000 |
| Status: | For Sale |
| Bedrooms: | 12 |
| Type: | Apartment |
| Parking: | Parking Lot |
| MLS Number: | CAR4325155 |
| Year Built: | 2002 |
| Sewer Type: | Public Sewer |
| Elementary: | St. Stephens |
| Middle: | Arndt |
| High: | St. Stephens |
| Date | Event | Price | $/SQFT |
| 11-29-2025 | Listed | $599,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Viewmont Elementary | 2 miles | PK-05 | 2 |
| Saint Stephens Elementary | 2 miles | KG-06 | 2 |
| Oakwood Elementary | 2 miles | PK-05 | 9 |
| Clyde Campbell Elementary | 2 miles | KG-06 | 6 |
| W M Jenkins Elementary | 2 miles | PK-05 | 7 |
| Webb A Murray Elementary | 3 miles | PK-05 | 5 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 1420 14th Street Drive, Hickory NC | 0 mi | $599,000 | days | |
| 1545 16th Avenue, Hickory NC | 0.2 mi | $225,000 | days | |
| 1331 14th Street, Hickory NC | 0.2 mi | $285,000 | days | |
| 1553 16th Avenue, Hickory NC | 0.2 mi | $222,500 | days | |
| 1704 16th Street, Hickory NC | 0.3 mi | $249,900 | days | |
| 1407 17th Avenue, Hickory NC | 0.3 mi | $249,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Shook & Tarlton Realty LLC
1420 14th Street Drive, Hickory NC is a ft2 on a 0.490 acres Appraisal lot. This is for $599,000. This has 12 bedrooms, baths, and was built in 2002.
Based on information submitted to the MLS GRID as of 2025-11-29 10:06:42 EST. 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.
Properties displayed may be listed or sold by various participants in the MLS.
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