Priced below appraisal - get ready to purchase instant equity and fantastic cash flowing property! Amazing opportunity in Lenoir for a 16 unit community. 8 duplex homes with 2 bedrooms, 1 bathroom on a private road. All units are on City Water & City Sewer. The properties feature newer vinyl siding, newer roofs, newer furnaces & air handlers/mini-splits. One of the roofs was replaced in February and several hot water heaters were replaced. Electrical & plumbing has been updated where needed. All units are occupied and have fantastic cash flow with room to increase rents. Significant rent increases have been made since the first of the year and there is still room for increases. Units convey with stoves & refrigerators. Tenants cover all utilities - owner pays for lawn mowing 2x's/month. Fantastic location - 10 minutes to Lenoir, 25 minutes to Hickory & 20 minutes to Morganton. Close to schools, shopping & dining.
Closed
$1,525,000
3354 Clay Apartments Ct, Lenoir, NC 28645
32beds
13,760sqft
Duplex
Built in 1960
-- sqft lot
$-- Zestimate®
$111/sqft
$1,067 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,067/mo
Zestimate® history
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Private roadNewer roofsNewer vinyl siding
Zillow last checked:
Listing updated:
Listed by:
Jennifer Mech jmech@mechrealty.com,
Keller Williams Lake Norman
Bought with:
Stephen Pierce
EXP Realty LLC Mooresville
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4358691
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 32
- Bathrooms: 16
- Full bathrooms: 16
Heating
- Central, Ductless
Cooling
- Ceiling Fan(s), Central Air, Ductless, Window Unit(s)
Appliances
- Included: Oven
- Laundry: Electric Dryer Hookup, In Kitchen, Washer Hookup
Features
- Has basement: No
Interior area
- Total structure area: 13,760
- Total interior livable area: 13,760 sqft
- Finished area above ground: 13,760
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Space(s)
Lot
- Size: 2 Acres
Details
- Parcel number: 06244313
- Zoning: R20
- Special conditions: Subject to Lease
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl
- Foundation: Crawl Space
- Roof: Aluminum
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Lenoir
Financial & listing details
- Price per square foot: $111/sqft
- Tax assessed value: $450,100
- Annual tax amount: $2,966
- Date on market: 3/18/2026
- Cumulative days on market: 5 days
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities
- Road surface type: Dirt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Sold | $1,525,000-4.7%$111/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4358691 Report a problem | ||
| 3/23/2026 | Pending sale | $1,600,000$116/sqft |
Source: Canopy MLS as distributed by MLS GRID #4358691 Report a problem | ||
| 3/18/2026 | Listed for sale | $1,600,000-11.1%$116/sqft |
Source: Canopy MLS as distributed by MLS GRID #4358691 Report a problem | ||
| 12/30/2025 | Listing removed | $1,799,000$131/sqft |
Source: Canopy MLS as distributed by MLS GRID #4284516 Report a problem | ||
| 11/13/2025 | Pending sale | $1,799,000$131/sqft |
Source: Canopy MLS as distributed by MLS GRID #4284516 Report a problem | ||
| 9/19/2025 | Price change | $1,799,000-2.8%$131/sqft |
Source: Canopy MLS as distributed by MLS GRID #4284516 Report a problem | ||
| 8/30/2025 | Price change | $1,850,000-1.3%$134/sqft |
Source: Canopy MLS as distributed by MLS GRID #4284516 Report a problem | ||
| 7/24/2025 | Listed for sale | $1,875,000+74.4%$136/sqft |
Source: Canopy MLS as distributed by MLS GRID #4284516 Report a problem | ||
| 9/29/2021 | Sold | $1,075,000-15.4%$78/sqft |
Source: Canopy MLS as distributed by MLS GRID #3723355 Report a problem | ||
| 8/27/2021 | Contingent | $1,270,000$92/sqft |
Source: Canopy MLS as distributed by MLS GRID #3723355 Report a problem | ||
| 5/24/2021 | Price change | $1,270,000-2.3%$92/sqft |
Source: Canopy MLS as distributed by MLS GRID #3723355 Report a problem | ||
| 3/29/2021 | Listed for sale | $1,300,000+602.7%$94/sqft |
Source: Canopy MLS as distributed by MLS GRID #3723355 Report a problem | ||
| 6/3/2005 | Sold | $185,000$13/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,966 +73.2% | $450,100 +117.8% |
| 2024 | $1,713 | $206,700 |
| 2023 | $1,713 +12.7% | $206,700 +8.1% |
| 2022 | $1,519 +0.5% | $191,300 +0.5% |
| 2021 | $1,512 +35.4% | $190,300 +37.7% |
| 2020 | $1,117 -1.8% | $138,200 |
| 2019 | $1,137 | $138,200 |
| 2018 | $1,137 | $138,200 |
| 2017 | $1,137 +0.3% | $138,200 |
| 2016 | $1,134 | $138,200 |
| 2015 | $1,134 +3.8% | $138,200 |
| 2014 | $1,092 | $138,200 +3.6% |
| 2011 | -- | $133,400 |
| 2010 | -- | $133,400 |
| 2009 | -- | $133,400 |
| 2006 | -- | $133,400 |
| 2005 | -- | $133,400 +11.5% |
| 2003 | -- | $119,600 |
| 2002 | -- | $119,600 |
| 2001 | -- | $119,600 +3% |
| 2000 | -- | $116,100 |
Find assessor info on the county website
Neighborhood: 28645
Nearby homes
- $141,5002 bd2 ba720 sqft3377 Ivey Stine Rd, Lenoir, NC 28645Off Market
- $145,8002 bd1 ba864 sqft4591 Hartland Rd, Lenoir, NC 28645Off Market
- $1,0752 bd1 ba877 sqft4585 Hartland Rd, Lenoir, NC 28645For Rent
- $146,3002 bd1 ba888 sqft3373 Ivey Stine Rd, Lenoir, NC 28645Off Market
- $142,0002 bd1 ba883 sqft4595 Hartland Rd, Lenoir, NC 28645Sold
- $441,500-- bd20 ba1.6k sqft3346 Clay Apartments Ct, Lenoir, NC 28645Off Market
- $248,2003 bd2 ba1.5k sqft3345 Ivey Stine Rd, Lenoir, NC 28645Off Market
- $141,3003 bd1 ba1.2k sqft4605 Hartland Rd, Lenoir, NC 28645Off Market
Nearby schools
GreatSchools rating
- 2/10Gamewell ElementaryGrades: PK-5Distance: 0.4 mi
- 5/10Gamewell MiddleGrades: 6-8Distance: 0.4 mi
- 2/10West Caldwell HighGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Gamewell
- Middle: Gamewell
- High: West Caldwell
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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- North Carolina
- Caldwell County
- Gamewell
- 28645
- 3354 Clay Apartments Ct
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