36 & 50 Catawba Avenue, Marion, NC 28752
McDowell County
Key Facts
Description
Great investment property - PRIME LOCATION- 2 Houses and 1 unfinished apartment - Located within the city limits of Marion, this unique property (approximate 0.7 acres), is highly visible located near By-Pass, shopping center, minutes from downtown Marion and I-40. Opportunity you don't want to miss! This property includes 2 homes and 1 unfinished apartment): 1) 3 bedrooms, 1 bath approximately (1137 sq feet); 2) 3 bedroom, 1 bath, approximately (1039 sq feet); and 3) unfinished apartment approximately (627 sq feet). City water and city sewer. This property is zoned R3 now. Owner talked with Vance at the Planning Development with the City of Marion and he stated there should not be a problem to rezone commercial if application is submitted with plans on the use of said property (application attached to documents). Take advantage of this opportunity - won't last long!! Owner is a NC Real Estate Broker.
Property Information
Property Type
Commercial Sale
Sub-Type
Unimproved Land
Year Built
1936
Zoning
R3
Days on Market
337
MLS® Listing#
4253168
Property Features
Lot Features
Financial Details
HOA
None
Assessed Value
$113,020
Parcel Number
170114446206/7225
Directions
White house beside of Farm Bureau facing Burger King. Second home is located behind white house on Catawba Avenue. Unfinished apartment is attached to the white house beside of Farm Bureau
Affordability Calculator
$159,800
Estimated monthly payment
$4,253/mo
Principal $639,200 · Est. interest $891,741 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Marion, NC
- $355,556
- Median Listing Price
- 84
- Median Days on Market
- 1,536
- Median Sq Ft
- $234
- Median Price / Sq Ft
- 136
- Active Listings
- This home’s price is 125% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Marion, NC.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 221 Hammer Hollow Drive, Marion, NC | $560,000 | 3 | 3 | 2,333 |
| 189 Clinchfield Gap Road, Marion, NC | $569,000 | 3 | 3 | 1,632 |
| 524 Baldwin Avenue, Marion, NC | $575,000 | 7 | — | 3,652 |
| TBD Wilkerson Way, Marion, NC | $579,000 | — | — | — |
| 105 W Henderson Street, Marion, NC | $579,000 | — | 1 | 7,645 |
| 182 Baby Fox Drive, Marion, NC | $589,000 | 2 | 3 | 1,441 |
Moving Cost Estimate
Listing Courtesy: Realty Group 1 LLC - fbwbusiness@yahoo.com
Last Updated: 2025-05-16
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