1940 Paul Shuping Avenue, Morganton NC

  • 2 Bed
  • 1 Bath
  • 1128 ft2
  • 3.1 ac

For Sale $250,000

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Remarks:

Development Opportunity!! Attention Investors!!! This property presents a fantastic investment opportunity, offering a unique blend of potential and possibility to develop this property. The existing 2-bedroom, 1-bath home, with two bedrooms on the main floor and an additional room upstairs that has been used as a third bedroom(does not quite meet ceiling height requirement), as well as, a flex space that could be a formal dining room/office, provides a solid foundation for renovation or expansion. The spacious front porch, with gorgeous mountain views, spans the width of the home, adds charm and character, while the paved driveway and livestock area cater to more practical needs. With a total of 4 lots which totals 3.12 acres of land, the possibilities are endless—whether you're looking to create a large homestead, build new homes, install manufactured and/or modular homes, or develop the property for rental income, the possibilities are endless. The large stable/barn, complete with room for tractor and hay storage, as well as tack rooms, makes this property particularly appealing for those interested in horses or agricultural ventures. While the doublewide on the property is in disrepair and may require significant work or replacement, this challenge also presents an opportunity to add value through renovation or redevelopment. Overall, this property is ideal for builders, mobile/modular home developers, and investors looking to capitalize on its potential and create a profitable venture.

General Information:

List Price: $250,000
Status: For Sale
Bedrooms: 2
Type: Single Family Residence
Approx Sq. Ft.: 1128 sqft
Parking: Driveway
MLS Number: CAR4308620
Subdivision: None
Style: Traditional
Bathrooms: 1
Year Built: 1932
Sewer Type: Septic Installed

Assigned Schools:

Elementary: Salem
Middle: Liberty
High: Patton

Price & Sales History

Date Event Price $/SQFT
10-16-2025 Listed $250,000 $222

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
NC School for the Deaf 4 miles KG-06 N/A
The New Dimensions School 7 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.

Properties For Sale Nearby

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Street Address Distance Status List Price Days on Market
1940 Paul Shuping Avenue, Morganton NC 0 mi $250,000 days
4785 Duckworth Circle, Morganton NC 0.2 mi $215,000 days
4892 Charlie Crawley Road, Morganton NC 0.4 mi $260,000 days
5158 Jenkins Road, Morganton NC 0.4 mi $415,000 days
1685 Major Hill Drive, Morganton NC 0.5 mi $424,900 days
5562 Jenkins Road, Morganton NC 0.8 mi $559,000 days
1 to 6 of 7 Result

Sold Properties Nearby

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

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28655

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    Property Listing Information

    A Courtesy Listing Provided By EXP Realty LLC

    1940 Paul Shuping Avenue, Morganton NC is a 1128 ft2 on a 3.120 acres Appraisal lot. This is for $250,000. This has 2 bedrooms, 1 baths, and was built in 1932.

    Based on information submitted to the MLS GRID as of 2025-10-16 11:31:31 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.