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.
Active
$320,000
1101 College Ave SW, Lenoir, NC 28645
6beds
2,844sqft
:
Get pre-qualified$2,030/mo
Triplex
Built in 1920
-- sqft lot
$-- Zestimate®
$113/sqft
$-- HOA
What's special
Electrical updates and improvements
- 161 days |
- 363 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Alba Carbajal Martinez alba@nestlewoodrealty.com,
Nestlewood Realty, LLC,
Haydee Trejo,
Nestlewood Realty, LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4345154
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Other
Cooling
- Window Unit(s)
Appliances
- Included: None
- Laundry: Other
Features
- Has basement: No
Interior area
- Total structure area: 2,844
- Total interior livable area: 2,844 sqft
- Finished area above ground: 2,844
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Detached Garage, On Street
- Garage spaces: 1
- Has uncovered spaces: Yes
Lot
- Size: 0.25 Acres
Details
- Parcel number: 061347
- Zoning: R-6
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Stucco
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Lenoir
Financial & listing details
- Price per square foot: $113/sqft
- Tax assessed value: $232,500
- Date on market: 2/18/2026
- Cumulative days on market: 156 days
- Tenant pays: All Except Water
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,310/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2026 | Price change | $320,000-1.5%$113/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4345154 Report a problem | ||
| 2/18/2026 | Listed for sale | $325,000$114/sqft |
Source: Canopy MLS as distributed by MLS GRID #4345154 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28645
Nearby schools
GreatSchools rating
- 8/10Davenport Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Gamewell MiddleGrades: 6-8Distance: 4.2 mi
- 2/10West Caldwell HighGrades: 9-12Distance: 3.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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