Well maintained fully renovated four unit multi family investment property. Conveniently located between Morganton and Lenoir. Property has four 1 bedroom 1 bath units. Fully occupied with consistent rental income and excellent occupancy. New water heater installed in 2025. 3 HVAC systems are less than 3 years old. All appliances are less than 5 years old. Newly paved parking lot. Owner pays for water. All other utilities are paid by the tenants.
Active
$499,999
2106 Pax Hill Rd, Morganton, NC 28655
4beds
2,640sqft
Multi Family
Built in 1990
-- sqft lot
$-- Zestimate®
$189/sqft
$-- HOA
What's special
Newly paved parking lot
- 2 days
- 137
- 12
Zillow last checked:
Listing updated:
Listed by:
Mike Shehan mikeshehan007@gmail.com,
C Shane Cook & Associates
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4438151
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Heat Pump
Cooling
- Central Air
Appliances
- Included: Electric Oven, Refrigerator
- Laundry: In Unit
Features
- Has basement: No
Interior area
- Total structure area: 2,640
- Total interior livable area: 2,640 sqft
- Finished area above ground: 2,640
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot
Lot
- Size: 0.9 Acres
Details
- Parcel number: 8804
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Partial, Vinyl
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Septic Installed
- Water: City
Community & HOA
Location
- Region: Morganton
Financial & listing details
- Price per square foot: $189/sqft
- Tax assessed value: $281,304
- Date on market: 10/30/2026
- Listing terms: Cash,Conventional
- Tenant pays: All Except Water
- Road surface type: Asphalt, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2026 | Listed for sale | $499,999$189/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4438151 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28655
Nearby schools
Schools provided by the listing agent
- Elementary: Mountain View
- Middle: Walter Johnson
- High: Freedom
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.
Similar homes
- $350,0003 bd3 ba1.8k sqftHermitage East, Morganton, NC 28655For Sale
MLS ID #4432848, Shane Cook, C Shane Cook & Associates. Canopy MLS as distributed by MLS GRID - $615,0003 bd3 ba2.8k sqft316 La Foret Dr, Morganton, NC 28655For Sale
MLS ID #4432541, Amy Wright, RE/MAX Prestige Legacy. Canopy MLS as distributed by MLS GRID - $299,0004 bd2 ba1.6k sqft100 Normandy Dr, Morganton, NC 28655For Sale
MLS ID #4108288, Robin Hurd, Carolina Realty Solutions. Canopy MLS as distributed by MLS GRID - $549,0005 bd3 ba2.7k sqft2533 Lail Rd, Morganton, NC 28655For Sale
MLS ID #4396511, Michelle King, Weichert, Realtors - Team Metro. Canopy MLS as distributed by MLS GRID - $374,9003 bd2 ba2.1k sqft500 Pete Brittain Rd #32, Morganton, NC 28655For SaleMLS ID #4436702, Mike Roberts, Fathom Realty NC LLC. Canopy MLS as distributed by MLS GRID
- $399,0004 bd3 ba2.9k sqft220 W Park Dr, Morganton, NC 28655For SaleMLS ID #4263944, Sara Black, RE/MAX Southern Lifestyles. Canopy MLS as distributed by MLS GRID
- $399,9005 bd3 ba2.8k sqft615 Carbon City Rd, Morganton, NC 28655For SaleMLS ID #4342156, Tim Newton, Coldwell Banker Newton RE. Canopy MLS as distributed by MLS GRID
- $389,9994 bd3 ba2k sqft3517 Crestwood Dr, Morganton, NC 28655For SaleMLS ID #4412373, Tara Smith, Howard Hanna Allen Tate Statesville. Canopy MLS as distributed by MLS GRID
- $299,0002 bd3 ba1.7k sqft1301 Independence Trl, Morganton, NC 28655For SaleMLS ID #4419184, Pam Hollar, Nancy Roberts Realty LLC. Canopy MLS as distributed by MLS GRID
- $419,9003 bd2 ba1.9k sqft4815 Mount Olive Church Rd, Morganton, NC 28655For SaleMLS ID #4418506, Bryan Heyl, Realty Executives of Hickory. Canopy MLS as distributed by MLS GRID
- $299,9003 bd2 ba1.5k sqft1099 Amherst Rd, Morganton, NC 28655For SaleMLS ID #4400099, Kim Browning, Nancy Roberts Realty LLC. Canopy MLS as distributed by MLS GRID
- $675,0005 bd4 ba3.8k sqft108 Clearwater Dr, Morganton, NC 28655For SaleMLS ID #4406370, Andrea Ochoa, Collective Realty LLC. Canopy MLS as distributed by MLS GRID
- $310,0003 bd2 ba1.8k sqft1896 Timber Trce, Morganton, NC 28655For SaleMLS ID #4429929, Tony Colella, Western Piedmont Real Estate, LLC. Canopy MLS as distributed by MLS GRID
- $515,0003 bd2 ba2k sqft4555 Bristol Dr, Morganton, NC 28655For SaleMLS ID #4336990, Jannell Peterson, J. Peterson Realty & Associate. Canopy MLS as distributed by MLS GRID
- $269,9002 bd2 ba1.6k sqft708 Carbon City Rd, Morganton, NC 28655For SaleMLS ID #4425451, Chris Kurtz, C Shane Cook & Associates. Canopy MLS as distributed by MLS GRID
- $495,0004 bd4 ba3.8k sqft1221 Connelly Springs Rd, Lenoir, NC 28645For SaleMLS ID #4241302, Stephenie Deesy, Mountainside Realty, LLC. Canopy MLS as distributed by MLS GRID
- $299,9003 bd2 ba1.4k sqft1911 Wall St, Morganton, NC 28655For SaleMLS ID #4420791, Nicholas Newton, Coldwell Banker Newton RE. Canopy MLS as distributed by MLS GRID
- $525,0006 bd3 ba2.4k sqft3780 Cook Rd, Valdese, NC 28690For SaleMLS ID #4361672, Craig Tribus, Beycome Brokerage Realty LLC. Canopy MLS as distributed by MLS GRID
