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  • $710,000

    117 W Union St, Morganton, NC 28655

    4beds
    6baths
    5,460sqft
    : 
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    Triplex
    Built in 1901
    -- sqft lot
    $663,600 Zestimate®
    $130/sqft
    $-- HOA

    What's special

    Two-story brick buildingClassic commercial italianate-style facade
    117 W Union St, Morganton, NC 28655 is a prime historic commercial property in the heart of Morganton's vibrant Downtown Historic District. The ground floor is commercial and leased yearly potential to be divided into 2 units, upstairs there is offices that can be converted to at least 2 luxury residential apartments that could possibly be rented for $2000 a month or more for each proposed apartment. This approximately 5,460 sq ft, two-story brick building offers excellent visibility and foot traffic on West Union Street. It features a classic commercial Italianate-style facade. The upper level includes three two-over-two windows topped by connected segmental arches, plus a distinctive cornice with a narrow recessed panel above arcaded corbelling. The ground floor is leased commercially year to year. Upstairs has 20 plus offices and 4 bathrooms not leased at this time. Also Lease to multiple tenants, Versatile Space — Ideal for retail, restaurant, office, gallery, mixed-use (retail + upstairs APARTMENT/LOFTS), or professional services. Confirm all uses with the City of Morganton. Prime Downtown Location — Steps from shops, restaurants, offices, the historic courthouse square, and community events. Morganton’s growing downtown scene attracts locals and visitors alike.
    51 days
    |
    219
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Freddy Karmatz freddy@fkandassociates.com,

    FK and Associates Real Estate Firm,

    Tristan Karmatz,

    FK and Associates Real Estate Firm

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4382307MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: None
      • Laundry: None
      Features
      • Has basement: No
      Interior area
      • Total structure area: 5,460
      • Total interior livable area: 5,460 sqft
      • Finished area above ground: 5,460
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Parking Space(s)
      Lot
      • Size: 0.06 Acres
      Details
      • Parcel number: 2954
      • Zoning: R-3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Brick Full
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1901

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City

      Community & HOA

      Location
      • Region: Morganton

      Financial & listing details

      • Price per square foot: $130/sqft
      • Tax assessed value: $367,540
      • Annual tax amount: $2,040
      • Date on market: 5/15/2026
      • Cumulative days on market: 51 days
      • Listing terms: Cash,Conventional
      • Tenant pays: All Utilities
      • Road surface type: None, Paved

        Estimated market value

        $663,600

        $630,000 - $697,000

        $2,267/mo

        Price history

        DateEventPrice
        6/20/2026Pending sale$710,000$130/sqft
        Source: Canopy MLS as distributed by MLS GRID #4382307 Report a problem
        5/15/2026Listed for sale$710,000$130/sqft
        Source: Canopy MLS as distributed by MLS GRID #4382307 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,040 -0.9%$367,540
        2024$2,058 $367,540
        2023$2,058 +91.6%$367,540 +137.8%
        2022$1,074 $154,527
        2021$1,074 $154,527
        2020$1,074 -44.5%$154,527
        2019$1,937 +109.9%$154,527 +16.4%
        2018$923 +2.2%$132,750
        2017$903 $132,750
        2016$903 $132,750
        2015$903 $132,750

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 28655

        Getting around

        75 / 100
        Very Walkable
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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