Date
Details
Price
Change
Source
9/16/2026
Listed
$349,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Unique investment opportunity located just 2 blocks from Downtown Morganton!! A single-family home along with a separate 2-unit apartment building is being sold together on the same lot for $349,999. All three units are occupied by long-term tenants, providing established rental income from day one. The single-family home currently rents for $1,350/month, while the two apartment units rent for $700/month and $800/month, for a combined rental income of $2,850/month or $34,200 annually. Additionally, there is an attached 480 Sqft. storage area/workshop which could be leased for additional income or possibly turned into additional living space. The location adds to the appeal of tenants with nearby access to a library, a movie theater, parks, walking trails, convenience stores, and Downtown Morganton where you'll find an array of restaurants, bars, shops, and professional services. In addition, Burke Co. has been coined "Nature's Playground" because of the State Parks/Trails & the thousands of acres of the Pisgah National Forest. This property is in a key location to access all the adventures the area has to offer plus it is only a five-minute drive to Exit 105 on I-40. The property combines current cash flow with location-driven tenant demand. Don't miss out on this Morganton multifamily investment opportunity. Call today to schedule your private tour and learn more about this income-producing asset. PLEASE DO NOT DISTURB THE TENANTS. SHOWINGS BY APPOINTMENT ONLY. The prospective buyer or buyer's agent must provide either written proof of funds sufficient to demonstrate the buyer's ability to purchase the property or a current lender pre-approval letter for financing. ****Burke County GIS shows the properties as 109 Herron and 109-B Herron Street. The deeds list the properties as 109 S. College and 109-B S. College Street. This will be corrected at closing by the attorney.
Full Property Details
Full Property Details for 109 Herron St
General
- Price: $349,999
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4425386
- Updated: 9/27/2026
- Added to Site: 24 day(s) ago
Interior
- Interior Features: Attic Finished
- Appliances: Electric Oven, Microwave, Refrigerator
- Flooring: Carpet, Linoleum, Wood
Rooms
Other Rooms
- Laundry: In Basement
Additional Information
- Equipment: Fuel Tank - Owned
Exterior
- Exterior Features: Lawn Maintenance
Parking
- Parking Features: Driveway
Location
- County: Burke
- Driving Directions: From Exit 105 on I-40, travel north on Sterling Street for 1.5 miles and turn left onto S. College Street. In .4 miles, the property is on the right. The property is at the corner of S. College and Herron St. GPS. No signs.
School Information
- Elementary School: Forest Hill
- Middle School: Liberty
- High School: Freedom
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air, Window Unit(s)
- Heating Type: Oil
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected
Structural Information
- Architectural Style: Traditional
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Brick Partial, Block, Vinyl
- Basement: Yes
- Basement Desc.: Exterior Entry, Storage Space
- Roof: Metal
- Square Feet: 2,692
- Year Built: 1907
Lot Features
- Lot Dimensions: 157 x 60 x 159 x 60
- Street/Road Desc.: Gravel, Paved
- Elevation (Approx.): 1000
- Lot Features: Cleared, Corner Lot
- Rcmdd Zoning: MID
Financial Considerations
- Terms: Cash, Conventional, Exchange
- Tenant Pays: Electricity, Internet, Water
Disclosures and Reports
- Restrictions: No Representation
- Property ID: 2703345906
- Plat: 8/193
- Lot Number: 2634/848
Listed by Broadpoint Real Estate Group
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Listing agent
— 109 Herron St —
Broadpoint Real Estate Group
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Schools
Schools serving 109 Herron St
School District:Burke County Schools
| Name | Grades | Distance |
|---|---|---|
Mountain View Elementary, Morganton, NC 805 Bouchelle Street, Morganton, NC 28655 | PK-5 | 1.4 mi |
Walter R Johnson Middle 701 Lenoir Road, Morganton, NC 28655 | 6-8 | 2.8 mi |
Freedom High 511 Independence Boulevard, Morganton, NC 28655 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 109 Herron St
Estimate the Cost
Estimate the Cost for 109 Herron St
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- Single Family
- Active
- Updated 21 hours ago
- 5Beds
- 5Total Baths
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109 Herron Street, Morganton, NC 28655 (MLS# 4425386) is a Single Family property with 0 bedrooms and 0 full bathrooms. 109 Herron Street is currently listed for $349,999 and was received on September 16, 2026. Want to learn more about 109 Herron Street? Do you have questions about finding other Single Family real estate for sale in Morganton? You can browse all Morganton real estate or contact a Coldwell Banker agent to request more information.