Motivated Seller - AS-IS - NO REPAIRS - CASH ONLY - Currently rented for $2,100 per month.
Income-producing opportunity at 522 W Concord St, Morganton, NC featuring 5 bedrooms and 2 full bathrooms with long-term tenants in place for approximately 10 years. This property offers immediate rental income and presents an excellent addition to any investor’s portfolio.
Currently rented for $2,100 per month, this property stands out due to the large 5-bedroom layout, offering flexibility and strong rental appeal compared to typical smaller rental properties. The value is in the size and bedroom count, providing long-term potential for sustained tenant demand.
With stable tenancy already in place, this property is well-suited for investors seeking a reliable buy-and-hold opportunity.
Conveniently located near local amenities, shopping, and major roadways, this property offers continued rental appeal in the Morganton area. Close to School for Math and Science, I40, Walmart Shopping Center, Gas Station, Grocery Store, Day School and Elementary.
Active
Price cut: $23.9K (7/13)
$216,000
522 W Concord St, Morganton, NC 28655
5beds
1,307sqft
Single Family Residence
Built in 1930
0.2 Acres Lot
$204,300 Zestimate®
$165/sqft
$-- HOA
What's special
- 117 days
- 215
- 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#: 4369866
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bathroom full
- Level: Main
Bathroom full
- Level: Upper
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Central
Cooling
- Window Unit(s)
Appliances
- Included: Electric Oven, Electric Range
- Laundry: In Kitchen
Features
- Has basement: No
Interior area
- Total structure area: 1,307
- Total interior livable area: 1,307 sqft
- Finished area above ground: 1,307
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.2 Acres
- Features: Corner Lot, Level
Details
- Parcel number: 4378
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl
- Foundation: Crawl Space
- Roof: Metal
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: none
Location
- Region: Morganton
Financial & listing details
- Price per square foot: $165/sqft
- Tax assessed value: $61,575
- Annual tax amount: $439
- Date on market: 5/11/2026
- Cumulative days on market: 117 days
- Listing terms: Cash
- Road surface type: Gravel, Concrete, Paved
Estimated market value
$204,300
$192,000 - $215,000
$1,853/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Price change | $216,000-10%$165/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4369866 Report a problem | ||
| 6/26/2026 | Price change | $239,900-4%$184/sqft |
Source: Canopy MLS as distributed by MLS GRID #4369866 Report a problem | ||
| 5/18/2026 | Price change | $249,900-3.9%$191/sqft |
Source: Canopy MLS as distributed by MLS GRID #4369866 Report a problem | ||
| 5/11/2026 | Listed for sale | $260,000+900%$199/sqft |
Source: Canopy MLS as distributed by MLS GRID #4369866 Report a problem | ||
| 4/20/2007 | Sold | $26,000$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $439 +0.2% | $61,575 |
| 2024 | $438 +1.2% | $61,575 |
| 2023 | $433 +14.9% | $61,575 +45.2% |
| 2022 | $377 +1.6% | $42,394 |
| 2021 | $371 +1.1% | $42,394 |
| 2020 | $367 +40.2% | $42,394 |
| 2019 | $261 -26.5% | $42,394 +3.8% |
| 2018 | $356 +3.8% | $40,839 |
| 2017 | $343 | $40,839 |
| 2016 | $343 +0.9% | $40,839 |
| 2015 | $340 | $40,839 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 28655
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