For Sale $1,799,000
Back on Market through no fault of seller or property. Amazing opportunity in Lenoir for a 16 unit community. 8 duplex homes with 2 bedrooms, 1 bathroom on a private road. All units are on City Water & City Sewer. The properties feature newer vinyl siding, newer roofs, newer furnaces & air handlers/mini-splits. Electrical & plumbing has been updated where needed. All units are occupied and have fantastic cash flow with room to increase rents. Units convey with stoves & refrigerators. Tenants cover all utilities - owner pays for lawn mowing 2x's/month. Fantastic location - 10 minutes to Lenoir, 25 minutes to Hickory & 20 minutes to Morganton. Close to schools, shopping & dining.
| List Price: | $1,799,000 |
| Status: | For Sale |
| Bedrooms: | 32 |
| Type: | Duplex |
| Parking: | Parking Space(s) |
| MLS Number: | CAR4284516 |
| Year Built: | 1960 |
| Sewer Type: | Public Sewer |
| Elementary: | Gamewell |
| Middle: | Gamewell |
| High: | West Caldwell |
| Date | Event | Price | $/SQFT |
| 10-31-2025 | Price Decrease | $1,799,000-2.76% | N/A |
| 09-13-2025 | Price Decrease | $1,850,000-1.33% | N/A |
| 08-15-2025 | Listed | $1,875,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| West Lenoir Elementary | 4 miles | KG-05 | 1 |
| Davenport A+ School | 5 miles | KG-05 | 7 |
| Horizons Elementary | 6 miles | KG-05 | N/A |
| Collettsville Elementary School | 6 miles | KG-06 | 7 |
| Lower Creek Elementary | 6 miles | KG-05 | 7 |
| The New Dimensions School | 8 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 |
| 3354 Clay Apartments Court, Lenoir NC | 0 mi | $1,799,000 | days | |
| 4595 Hartland Road, Lenoir NC | 0 mi | $147,900 | days | |
| 4541 Hartland Road, Lenoir NC | 0.2 mi | $175,000 | days | |
| 4829 Calico Road, Lenoir NC | 0.3 mi | $325,000 | days | |
| 4783 Calico Road, Lenoir NC | 0.3 mi | $349,000 | days | |
| 3054 Spencer Heights Drive, Lenoir NC | 0.4 mi | $349,900 | 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 Keller Williams Lake Norman
3354 Clay Apartments Court, Lenoir NC is a ft2 on a 2.000 acres Appraisal lot. This is for $1,799,000. This has 32 bedrooms, baths, and was built in 1960.
Based on information submitted to the MLS GRID as of 2025-08-15 10:35:25 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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