For Sale $900,000
1466 Kennedy Drive is an 8 unit multifamily property made up of two 4-unit buildings on ±1.45AC in Morganton. Six units are 2BR/1BA and two units are 1BR/1BA. Each unit has a deck or patio in the rear. Three units have been updated in the past year with LVP flooring and fresh paint. The remaining five are kept in good condition but have not been renovated, leaving the new owner room to finish the renovation program and capture the upside in rents to market rates of $1,150 for 2BR and $1,000 for 1BR.
| List Price: | $900,000 |
| Status: | For Sale |
| Bedrooms: | 14 |
| Type: | Apartment |
| Parking: | Parking Lot |
| MLS Number: | CAR4443123 |
| Year Built: | 1979 |
| Sewer Type: | Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 11-13-2026 | Listed | $900,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| NC School for the Deaf | 2 miles | KG-06 | N/A |
| The New Dimensions School | 5 miles | KG-06 | 7 |
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 |
| 1466 Kennedy Drive, Morganton NC | 0 mi | $900,000 | days | |
| 101 Regina Drive, Morganton NC | 0.3 mi | $279,900 | days | |
| 103 Regina Drive, Morganton NC | 0.3 mi | $259,900 | days | |
| 1750 Knollwood Circle, Morganton NC | 0.6 mi | $419,000 | days | |
| 4326 Boulder Drive, Morganton NC | 0.6 mi | $450,000 | days | |
| 4366 Boulder Drive, Morganton NC | 0.6 mi | $424,000 | 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 |
Powered by Google Maps
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
|
Occupancy Types |
|
Transportation to Work |
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 Britt Commercial Real Estate, LLC
1466 Kennedy Drive, Morganton NC is a ft2 on a 1.450 acres Appraisal lot. This is for $900,000. This has 14 bedrooms, baths, and was built in 1979.
Based on information submitted to the MLS GRID as of 2026-11-13 21:01:54 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.
Click here for more information
Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.