For Sale $1,687,500
Prime Investment Opportunity, 5 Townhomes in Hickory's Most Desirable Location Location is everything in real estate and these townhomes have it all. Situated in the heart of Hickory, this exceptional 5-unit townhome portfolio offers investors a rare opportunity to capitalize on one of the fastest-growing markets in North Carolina. Less than 13 minutes from Lenoir-Rhyne University, these townhomes are perfectly positioned to attract students, young professionals, and families alike. Convenience is an understatement, sitting right next door to Catawba Vally Community Collage, Water Bean Coffee and Dunkin', and less than two minutes from Target, Ulta, Best Buy, and Valley Hills Mall, this location simply cannot be beaten in Hickory. Located just off Highway 70 with quick access to both I-40 and US-321, residents are minutes from Downtown Hickory and under an hour from Charlotte. Each two-story unit offers 3 bedrooms and 2.1 bathrooms, with middle units featuring 1,588 square feet and a one-car garage, while the end units boast 1,680 square feet and a two-car garage. When most people hear "townhome," they picture builder grade - these are anything but. Each unit showcases luxury finishes throughout, custom walk-in closets, thoughtful layouts, and private back patios, delivering a quality of living that has to be seen in person. Hickory is experiencing unprecedented growth, and demand for quality rental housing continues to rise. Whether you're a seasoned investor seeking a high-demand, low-maintenance asset or looking to expand your portfolio in a thriving market, this is your opportunity. Invest in Hickory. Invest in growth. This is your move. Schedule your private tour today.
| List Price: | $1,687,500 |
| Status: | For Sale |
| Bedrooms: | 15 |
| Type: | Fiveplex |
| Parking: | Attached Garage |
| MLS Number: | CAR4354899 |
| Subdivision: | Hawks Ridge |
| Style: | Traditional |
| Lot Description: | Level |
| Year Built: | 2025 |
| Sewer Type: | Public Sewer |
| Elementary: | Blackburn |
| Middle: | Jacobs Fork |
| High: | Fred T. Foard |
| Date | Event | Price | $/SQFT |
| 05-14-2026 | Listed | $1,687,500 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Saint Stephens Elementary | 3 miles | KG-06 | 2 |
| Webb A Murray Elementary | 4 miles | PK-05 | 5 |
| Oakwood Elementary | 4 miles | PK-05 | 9 |
| North Newton Elementary | 4 miles | PK-05 | 4 |
| Longview Elementary | 4 miles | PK-05 | 3 |
| South Newton Elementary | 5 miles | PK-05 | 4 |
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 |
| 2119 - 2111 24th Street Lane, Hickory NC | 0 mi | $1,687,500 | days | |
| 2137 23rd Street Drive, Hickory NC | 0.2 mi | $248,000 | days | |
| 3291 Eller Drive Extension, Hickory NC | 0.5 mi | $329,990 | days | |
| 2984 Lutz Boulevard, Newton NC | 0.6 mi | $290,000 | days | |
| 3290 Eller Drive Extension, Hickory NC | 0.6 mi | $314,990 | days | |
| 3283 Eller Drive Extension, Hickory NC | 0.6 mi | $319,990 | 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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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 Realty Executives of Hickory
2119 - 2111 24th Street Lane, Hickory NC is a ft2 on a 0.400 acres Level lot. This is for $1,687,500. This has 15 bedrooms, baths, and was built in 2025.
Based on information submitted to the MLS GRID as of 2026-05-14 11:51:02 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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