Investment opportunity -- Mobile home park on 1.5 acres with 4 mobile homes. Park owns mobile homes, tenants pay monthly rent. Large, mostly level lot. Three units are rented and one is vacant for showing. Mobile homes are older and need some repairs. Tenants pay electic; water and trash service is provided by owner. Excellent opportunity to add value with strategic upgrades and repairs and increase rents to market rate. Although additional mobile homes cannot be added to the property, older homes can be replaced with new manufactured homes. Park is professionally managed and services can transfer to new owner if desired. No additional mobile homes may be placed due to septic, but lot could be used for other purposes: mobile storage units, parking, RV and boat storage, etc! Located in a flood zone.
Closed
$150,000
3036 State Highway 18 Us #64, Morganton, NC 28655
8beds
2,902sqft
Quadruplex
Built in 1972
-- sqft lot
$146,800 Zestimate®
$52/sqft
$1,296 Estimated rent
Home value
$146,800
$119,000 - $181,000
$1,296/mo
Zestimate® history
Owner options
List your home for rent
$1,296/mo
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$1,296/mo
Rent Zestimate®
Refinance and save
$954/mo
Est. payment
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$954/mo
Est. payment
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List your homeWhat's special
Large mostly level lot
Zillow last checked:
Listing updated:
Listed by:
Judith Sullivan 828-729-1976,
Raccoon Realty LLC
Bought with:
Christie Leonard
WNC Real Estate at Lake James
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4333738
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Other
- Laundry: Other
Features
- Has basement: No
Interior area
- Total structure area: 2,902
- Total interior livable area: 2,902 sqft
- Finished area above ground: 2,902
- Finished area below ground: 0
Property
Parking
- Parking features: Assigned
Features
- Stories: 1
Lot
- Size: 1.51 Acres
Details
- Parcel number: 16309
- Zoning: G-B
- Special conditions: Subject to Lease
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Aluminum
- Foundation: Crawl Space, Other - See Remarks
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Septic Installed
- Water: County Water
Community & HOA
Community
- Subdivision: None
Location
- Region: Morganton
- Elevation: 1000 Feet
Financial & listing details
- Price per square foot: $52/sqft
- Tax assessed value: $42,293
- Annual tax amount: $290
- Date on market: 1/10/2026
- Cumulative days on market: 7 days
- Listing terms: Cash
- Tenant pays: All Except Water
- Road surface type: Dirt, Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Sold | $150,000$52/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4333738 Report a problem | ||
| 1/17/2026 | Pending sale | $150,000$52/sqft |
Source: Canopy MLS as distributed by MLS GRID #4333738 Report a problem | ||
| 1/10/2026 | Listed for sale | $150,000$52/sqft |
Source: Canopy MLS as distributed by MLS GRID #4333738 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $290 -0.7% | $42,293 |
| 2024 | $292 | $42,293 |
| 2023 | $292 -12.6% | $42,293 +4.6% |
| 2022 | $334 | $40,449 |
| 2021 | $334 -40.7% | $40,449 -43.5% |
| 2020 | $562 +111.1% | $71,649 |
| 2019 | $266 -47.8% | $71,649 +10.1% |
| 2018 | $511 +3.3% | $65,049 |
| 2017 | $494 | $65,049 |
| 2016 | $494 | $65,049 |
| 2015 | $494 | $65,049 |
Find assessor info on the county website
Neighborhood: 28655
Nearby homes
- $217,3003 bd2 ba1.5k sqft3046 Nc 18 Us 64, Morganton, NC 28655Off Market
- $121,6754 bd2 ba1.5k sqft3046 State Highway 18 Us #64, Morganton, NC 28655Sold
- $422,900-- bd-- ba11k sqft2974 State Highway 18 Us #64, Morganton, NC 28655Off Market
- $107,0002 bd1 ba912 sqft3056 State Highway 18 Us #64, Morganton, NC 28655Off Market
- $164,4002 bd1 ba728 sqft3086 State Highway 18 Us #64, Morganton, NC 28655Off Market
- $280,8002 bd1 ba2.8k sqft3076 Nc 18 Us 64, Morganton, NC 28655Off Market
- $65,5991 bd1 ba538 sqft2756 Snipes St, Morganton, NC 28655Off Market
- $268,0003 bd2 ba1.4k sqft2775 Snipes St, Morganton, NC 28655Sold
Nearby schools
GreatSchools rating
- 4/10Mountain View ElementaryGrades: PK-5Distance: 6.4 mi
- 5/10Walter R Johnson MiddleGrades: 6-8Distance: 4.6 mi
- 4/10Freedom HighGrades: 9-12Distance: 7.3 mi
Schools provided by the listing agent
- Elementary: Mountain View
- Middle: Walter Johnson
- High: Freedom
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$146,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$146,800
- North Carolina
- Burke County
- Morganton
- 28655
- 3036 State Highway 18 Us Unit 64
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