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$130,000
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Property Description
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.
Full Property Details
Full Property Details for 507 S College St
General
- Sold For: $130,000
- Status: Closed
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4362056
- Added to Site: 105 day(s) ago
Interior
- Appliances: Electric Oven, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- Half Bathrooms: 2
- Upper - 1/2 Baths: 1
- Main - Full Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Parking
- Carports: Yes
- Carport Spaces: 1
- Parking Features: Detached Carport, Driveway
Location
- County: Burke
School Information
- Elementary School: Mountain View
- Middle School: Walter Johnson
- High School: Freedom
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Architectural Style: Bungalow
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Brick Partial
- Roof: Architectural Shingle
- Main/1st Level: 900 Sq. Ft.
- Year Built: 1922
Lot Features
- Street/Road Desc.: Gravel, Paved
- Elevation (Approx.): 1000
- Rcmdd Zoning: R-3
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 2703353192
- Lot Number: 2048/566
Listed by Coldwell Banker Newton RE
Sold by C Shane Cook & Associates
Get Pre-Approved Today
Schools
Schools serving 507 S College St
School District:Burke County Schools
| Name | Grades | Distance |
|---|---|---|
Mountain View Elementary, Morganton, NC 805 Bouchelle Street, Morganton, NC 28655 | PK-5 | 1.3 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 507 S College St
Date
Details
Price
Change
Source
5/27/2026
Sold
$130,000
—
MLS
3/26/2026
Listed
$130,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
507 S College Street, Morganton, NC 28655 (MLS# 4362056) is a Single Family property that was sold at $130,000 on May 27, 2026. Want to learn more about 507 S College 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.

