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$325,000 Just Listed
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Property Description
Income-producing multi-unit property currently operated as four separate units. Electrical updates and improvements completed by current owner. New roof installed in 2023. Units feature window HVAC systems. One unit does not have a kitchen. All tenants are on month-to-month leases, providing flexibility for an investor. Current rents total $2,900/month across four units. Excellent opportunity for immediate cash flow or value-add potential.
Full Property Details
Full Property Details for 1101 College Ave SW
General
- Price: $325,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4345154
- Updated: 2/18/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Other - See Remarks
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Driveway, Detached Garage, On Street
Location
- County: Caldwell
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Other - See Remarks
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Hard Stucco
- Square Feet: 2,500
- Year Built: 1920
Lot Features
- Street/Road Desc.: Gravel
Financial Considerations
- Tenant Pays: All except water
Disclosures and Reports
- Property ID: 06-13-4-7
- Lot Number: 2033-986
Listed by Nestlewood Realty, LLC
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Schools
Schools serving 1101 College Ave SW
School District:Caldwell County Schools
| Name | Grades | Distance |
|---|---|---|
Davenport Elementary School 901 College Avenue Southwest, Lenoir, NC 28645 | PK-5 | 0.2 mi |
Gamewell Middle 3210 Gamewell School Road, Lenoir, NC 28645 | 6-8 | 4.2 mi |
West Caldwell High 300 West Caldwell Drive, Lenoir, NC 28645 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1101 College Ave SW
Date
Details
Price
Change
Source
2/18/2026
Listed
$325,000
116.67%
MLS
8/25/2021
Sold
$150,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1101 College Ave SW
Year
Property Taxes
Change
Tax Assessment
Change
2024
$887
-47%
$232,500
68%
2022
$1,668
—
$138,000
—
2021
$1,668
4%
$138,000
5%
2020
$1,608
-1%
$131,900
—
2017
$1,625
89%
$131,900
—
2016
$860
1%
$131,900
—
2019
$849
4%
$131,900
—
2015
$815
—
$131,900
—
2014
$815
—
$131,900
—
2013
$815
—
$131,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1101 College Ave SW
1101 College Avenue SW, Lenoir, NC 28645 (MLS# 4345154) is a Single Family property with 6 bedrooms and 5 full bathrooms. 1101 College Avenue SW is currently listed for $325,000 and was received on February 18, 2026. Want to learn more about 1101 College Avenue SW? Do you have questions about finding other Single Family real estate for sale in Lenoir? You can browse all Lenoir real estate or contact a Coldwell Banker agent to request more information.

