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  • Price cut: $10K (6/26)
    $239,900

    522 W Concord St, Morganton, NC 28655

    5beds
    1,307sqft
    : 
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    Single Family Residence
    Built in 1930
    0.2 Acres Lot
    $-- Zestimate®
    $184/sqft
    $-- HOA

    What's special

    Income-Producing Investment Opportunity – Motivated Seller 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.
    60 days
    |
    211
    |
    5
    |

    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#: 4369866MLS Logo

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      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: $184/sqft
      • Tax assessed value: $61,575
      • Annual tax amount: $439
      • Date on market: 5/11/2026
      • Cumulative days on market: 60 days
      • Listing terms: Cash,Conventional
      • Road surface type: Gravel, Concrete, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,771/mo

        Price history

        DateEventPrice
        6/26/2026Price change$239,900-4%$184/sqft
        Source: Canopy MLS as distributed by MLS GRID #4369866 Report a problem
        5/18/2026Price change$249,900-3.9%$191/sqft
        Source: Canopy MLS as distributed by MLS GRID #4369866 Report a problem
        5/11/2026Listed for sale$260,000+900%$199/sqft
        Source: Canopy MLS as distributed by MLS GRID #4369866 Report a problem
        4/20/2007Sold$26,000$20/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28655

        Getting around

        44 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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