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 Karmatzfreddy@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
Loading...
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
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,771/mo
Price history
Date
Event
Price
6/26/2026
Price change
$239,900-4%$184/sqft
Source: Canopy MLS as distributed by MLS GRID #4369866Report a problem
5/18/2026
Price change
$249,900-3.9%$191/sqft
Source: Canopy MLS as distributed by MLS GRID #4369866Report a problem
5/11/2026
Listed for sale
$260,000+900%$199/sqft
Source: Canopy MLS as distributed by MLS GRID #4369866Report a problem
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.