522 W Concord Street, Morganton, NC 28655
none · Burke County
Key Facts
Description
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.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1930
Living Area
1,307 sq ft
Zoning
R-3
Days on Market
63
MLS® Listing#
4369866
Property Features
Appliances
Cooling
Heating
Basement
Parking
Laundry
Lot Features
Roof
Sewer
Water Source
Schools
- Elementary:
- Unspecified
- Middle:
- Unspecified
- High:
- Unspecified
Financial Details
HOA
None
Assessed Value
$61,575
Parcel Number
4378
Affordability Calculator
$43,200
Estimated monthly payment
$1,150/mo
Principal $172,800 · Est. interest $241,071 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Morganton, NC
- $344,231
- Median Listing Price
- 73
- Median Days on Market
- 1,605
- Median Sq Ft
- $200
- Median Price / Sq Ft
- 186
- Active Listings
- This home’s price is 37% below the area median.
- Its price per sq ft is 17% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Morganton, NC.
Location
Points of Interest in Morganton, NC
Showing the Morganton area map.
Nearby Schools
Morganton Day School
School · 0.4 mi away
North Carolina School for the Deaf
Secondary · 0.5 mi away
Forest Hill Elementary School
Elementary · 0.6 mi away
Burke County Public School
Secondary · 0.6 mi away
Burke Middle College
Secondary School · 1.1 mi away
Giggles N' Grins 3 Child Care & Learning Center
School · 1.1 mi away
New Dimensions School
Secondary · 1.1 mi away
Mountain View Elementary School
Elementary · 1.3 mi away
Hillcrest Elementary School
Elementary · 1.6 mi away
Freedom High School
Secondary · 1.6 mi away
North Morganton United Methodist Church
School · 1.9 mi away
North Liberty School
School · 2.2 mi away
Liberty Middle School
Secondary · 2.4 mi away
New Dimensions School: A Public Charter School
Elementary · 2.5 mi away
Burke County Public Schools
School · 2.6 mi away
Robert L Patton High School
Secondary · 2.7 mi away
Mull Elementary School
Elementary · 2.9 mi away
Salem Elementary School
Elementary · 3.0 mi away
Burke County Public Schools
School · 3.0 mi away
Walter Johnson Middle School
Secondary · 3.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4024 Piney Road, Morganton, NC | $179,900 | 4 | 2 | 2,296 |
| 2380 Race Track Street, Morganton, NC | $194,900 | 4 | 2 | 1,430 |
| 615 E Meeting Street, Morganton, NC | $216,000 | 5 | 2 | 1,769 |
| 3153 Faith Temple Church Road, Morganton, NC | $220,000 | 4 | 2 | 1,484 |
| 404 Huffman Street, Morganton, NC | $229,000 | 4 | 2 | 2,043 |
| 620 Linville Street, Morganton, NC | $229,900 | 4 | — | 2,128 |
Moving Cost Estimate
EXIT Agents in Morganton
Listing Courtesy: FK and Associates Real Estate Firm - freddy@fkandassociates.com
Last Updated: 2026-05-11
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