CALLING ALL INVESTORS: Large lot in prime location across from UNC Heath Caldwell Hospital and walking distance to downtown Lenoir. Duplex is fully rented with two 1BR/1BA units. Property is zoned O-I which allows for office, Single family residential or duplexes. The property appears to be able to be split into 2 additional lots that could be built on with a 15' setback and 25' of road frontage. Plans must be approved. Current duplex is grandfathered (having less that 15" on one side). So many possibilities for a medical office or duplexes. There is a demand for short term and furnished rentals and is in a great location for travel nurses or medical staff/visitors.
Closed
$100,000
408 Mulberry St SW, Lenoir, NC 28645
2beds
860sqft
Duplex
Built in 1955
-- sqft lot
$131,800 Zestimate®
$116/sqft
$1,106 Estimated rent
Home value
$131,800
$109,000 - $159,000
$1,106/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Crystal Rogers elite.crystalrogers@gmail.com,
Elite Homes and Land, Inc.
Bought with:
Crystal Rogers
Elite Homes and Land, Inc.
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4194536
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Space Heater
Cooling
- Central Air
Appliances
- Included: Other
- Laundry: Electric Dryer Hookup, Lower Level, Washer Hookup
Features
- Flooring: Vinyl, Wood
- Basement: Finished,Walk-Out Access
Interior area
- Total structure area: 860
- Total interior livable area: 860 sqft
- Finished area above ground: 0
- Finished area below ground: 860
Property
Parking
- Parking features: On Street, Parking Lot, Parking Space(s)
- Has uncovered spaces: Yes
- Details: Public street parking in front. Driveway down to private, rear parking.
Features
- Stories: 1
- On waterfront: Yes
- Waterfront features: None, Creek
Lot
- Size: 0.3 Acres
- Features: Cleared
Details
- Parcel number: 063543
- Zoning: O-I
- Special conditions: Subject to Lease,None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Wood
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: None
Location
- Region: Lenoir
- Elevation: 1000 Feet
Financial & listing details
- Price per square foot: $116/sqft
- Tax assessed value: $64,300
- Annual tax amount: $581
- Date on market: 10/25/2024
- Cumulative days on market: 40 days
- Electric utility on property: Yes
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2024 | Sold | $100,000-60%$116/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4194536 Report a problem | ||
| 11/18/2024 | Price change | $249,900-10.7%$291/sqft |
Source: Canopy MLS as distributed by MLS GRID #4194536 Report a problem | ||
| 10/26/2024 | Listed for sale | $279,900+366.5%$325/sqft |
Source: Canopy MLS as distributed by MLS GRID #4194536 Report a problem | ||
| 5/20/2020 | Sold | $60,000$70/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $581 +37.4% | $113,200 +76% |
| 2024 | $423 | $64,300 |
| 2023 | $423 | $64,300 |
| 2022 | $423 | $64,300 |
| 2021 | $423 +5.5% | $64,300 +5.8% |
| 2020 | $401 | $60,800 |
| 2019 | $401 | $60,800 |
| 2018 | $401 | $60,800 |
| 2017 | $401 -1.3% | $60,800 |
| 2016 | $406 | $60,800 |
| 2015 | $406 -44.8% | $60,800 |
| 2014 | $735 | $60,800 |
| 2013 | -- | $60,800 -1.1% |
| 2012 | -- | $61,500 |
| 2011 | -- | $61,500 |
| 2010 | -- | $61,500 |
| 2009 | -- | $61,500 |
| 2008 | -- | $61,500 |
| 2007 | -- | $61,500 |
| 2006 | -- | $61,500 |
| 2005 | -- | $61,500 +18.3% |
| 2004 | -- | $52,000 |
| 2003 | -- | $52,000 |
| 2002 | -- | $52,000 |
| 2001 | -- | $52,000 +24.1% |
| 2000 | -- | $41,900 |
Find assessor info on the county website
Neighborhood: 28645
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Nearby schools
GreatSchools rating
- 8/10Hudson ElementaryGrades: PK-5Distance: 0.6 mi
- 3/10Hudson MiddleGrades: 6-8Distance: 0.7 mi
- 5/10South Caldwell HighGrades: PK,9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Davenport
- 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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Estimated market value
$131,800
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Estimated market value
$131,800
- North Carolina
- Caldwell County
- Hudson
- 28645
- 408 Mulberry St SW
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