For Sale $249,900
Income-Producing Investment Opportunity – Motivated Seller Income-producing opportunity at 522 W Concord St, Morganton, NC featuring 5 bedrooms and 2 full bathrooms with long-term tenants in place for approximately 10 years. This property offers immediate rental income and presents an excellent addition to any investor’s portfolio. Currently rented for $2,100 per month, this property stands out due to the large 5-bedroom layout, offering flexibility and strong rental appeal compared to typical smaller rental properties. The value is in the size and bedroom count, providing long-term potential for sustained tenant demand. With stable tenancy already in place, this property is well-suited for investors seeking a reliable buy-and-hold opportunity. Conveniently located near local amenities, shopping, and major roadways, this property offers continued rental appeal in the Morganton area. Close to School for Math and Science, I40, Walmart Shopping Center, Gas Station, Grocery Store, Day School and Elementary.
| List Price: | $249,900 |
| Status: | For Sale |
| Bedrooms: | 5 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1059 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4369866 |
| Subdivision: | none |
| Bathrooms: | 2 |
| Lot Description: | Corner Lot, Level |
| Year Built: | 1930 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 05-31-2026 | Listed | $249,900 | $236 |
| 07-18-2025 | Listed | $1,150,000 | $1,086 |
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.
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 |
| 522 Concord Street, Morganton NC | 0 mi | $249,900 | days | |
| 608 1/2 Concord Street, Morganton NC | 0.1 mi | $249,000 | days | |
| 110 Burkemont Avenue, Morganton NC | 0.2 mi | $439,000 | days | |
| 626 Concord Street, Morganton NC | 0.2 mi | $207,500 | days | |
| 319 Union Street, Morganton NC | 0.3 mi | $1,670,000 | days | |
| 315 Mcdowell Street, Morganton NC | 0.4 mi | $219,900 | 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 FK and Associates Real Estate Firm
522 Concord Street, Morganton NC is a 1059 ft2 on a 0.200 acres lot. This is for $249,900. This has 5 bedrooms, 2 baths, and was built in 1930.
Based on information submitted to the MLS GRID as of 2026-05-31 09:30:40 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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