507 College Street, Morganton NC
- 2 Bed
- 3 Bath
- 900 ft2
- 0.2 ac
For Sale $130,000
Remarks:
Investor opportunity within walking distance to Downtown Morganton. This 2-bedroom, 1.5-bath bungalow offers strong potential for a flip or rental investment. The home does require TLC but presents a great opportunity to add value and customize to your vision. Features include a charming covered front porch ideal for relaxing, an outdoor patio area, a playhouse, and a detached metal-covered carport. Conveniently located near downtown Morganton, NC which means shops, dining, and local amenities. Property is being sold as-is. Great opportunity for investors or buyers looking for a renovation project in a desirable location.
General Information:
| List Price: | $130,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 900 sqft |
| Parking: | Detached Carport, Driveway |
| MLS Number: | CAR4362056 |
| Subdivision: | None |
| Style: | Bungalow |
| Bathrooms: | 3 |
| Year Built: | 1922 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Mountain View |
| Middle: | Walter Johnson |
| High: | Freedom |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 03-31-2026 | Listed | $3,500,000 | $3,889 |
| 09-16-2025 | Under Contract | $295,000 | $328 |
| 08-19-2025 | Price Decrease | $295,000-9.92% | $328 |
| 08-01-2025 | Price Decrease | $327,500-3.39% | $364 |
| 05-28-2025 | Listed | $339,000 | $377 |
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 | 1 miles | KG-06 | N/A |
| The New Dimensions School | 2 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
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 |
| 507 College Street, Morganton NC | 0 mi | $130,000 | days | |
| 315 Mcdowell Street, Morganton NC | 0.2 mi | $219,900 | days | |
| 118 Union Street, Morganton NC | 0.4 mi | $710,000 | days | |
| 106 Lane Street, Morganton NC | 0.5 mi | $178,000 | days | |
| 308 Concord Street, Morganton NC | 0.5 mi | $220,000 | days | |
| 608 1/2 Concord Street, Morganton NC | 0.6 mi | $249,000 | days |
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 |
Commute Distance & Time
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Mortgage Calculator
| 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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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28655
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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.
Property Listing Information
A Courtesy Listing Provided By Coldwell Banker Newton RE
507 College Street, Morganton NC is a 900 ft2 on a 0.190 acres Appraisal lot. This is for $130,000. This has 2 bedrooms, 3 baths, and was built in 1922.
Based on information submitted to the MLS GRID as of 2026-05-01 10:11:06 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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