319 Connelly Springs Road, Lenoir NC

  • 8 Bed
  • 0.5 ac

For Sale $750,000

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Remarks:

Fully rented, income-producing 8-plex in the Whitnel area of Lenoir. The property includes four commercial storefronts at road level and four residential units above, with two separate parking areas. Each commercial space is approximately 1,500 square feet with concrete slab floors, central HVAC, and a half bath. The residential units each offer 2 bedrooms, 1 bathroom, and an open-concept kitchen/living area. Apartments feature baseboard heat, window AC units, and access to a shared covered porch/balcony. One unit is currently rented fully furnished on a short-term basis. Current total rental income is $7,150 per month. Operating expenses include taxes, insurance, lawn maintenance, exterior lighting, water, and property management. Listing agent is also the property manager. No interior showings until under contract. List of improvements and expenses available upon request.

Exterior Features:

Lawn Maintenance

General Information:

List Price: $750,000
Status: For Sale
Bedrooms: 8
Type: Eightplex
Parking: Parking Lot, Parking Space(s)
MLS Number: CAR4423516
Style: Other
Lot Description: Paved, Other - See Remarks
Year Built: 1970
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Whitnel
Middle: William Lenoir
High: Hibriten

Price & Sales History

Date Event Price $/SQFT
09-17-2026 Listed $750,000 N/A
12-06-2025 Listed $399,900 N/A

Nearby Schools

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

School Name Distance Grades Rating
Davenport A+ School 2 miles KG-05 7
West Lenoir Elementary 2 miles KG-05 1
Lower Creek Elementary 2 miles KG-05 7
Horizons Elementary 3 miles KG-05 N/A
Oak Hill Elementary 6 miles KG-06 3
Granite Falls Elementary 8 miles KG-05 8

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Properties For Sale 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 Status List Price Days on Market
319 Connelly Springs Road, Lenoir NC 0 mi $750,000 days
502 Connelly Springs Road, Lenoir NC 0.1 mi $250,000 days
507 Oak Street, Lenoir NC 0.2 mi $129,900 days
1359 Delwood Drive, Lenoir NC 0.2 mi $242,000 days
1515 Berkley Street, Lenoir NC 0.3 mi $324,900 days
1641 Berkley Street, Lenoir NC 0.5 mi $125,000 days
1 to 6 of 44 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

    * Expand Calculator (incl. monthly expenses)

    Property Taxes
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    Total Monthly Payment $20,941

    Demographic Data For Zip 28645

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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.

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    Comments Section

    Property Listing Information

    A Courtesy Listing Provided By Raccoon Realty LLC

    319 Connelly Springs Road, Lenoir NC is a ft2 on a 0.510 acres lot. This is for $750,000. This has 8 bedrooms, baths, and was built in 1970.

    Based on information submitted to the MLS GRID as of 2026-09-17 20:15:43 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.