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319 Connelly Springs Sw Road, Lenoir
$750,000
8 Beds ⋅ 4423516 MLS ⋅ ACTIVE Status
Fully rented, income-producing 8-plex in the Whitnel area of Lenoir. The property includes four commercial storefronts at road level and four residential units above, with two separate parking areas. Each commercial space is approximately 1,500 square feet with concrete slab floors, central HVAC, and a half bath. The residential units each offer 2 bedrooms, 1 bathroom, and an open-concept kitchen/living area. Apartments feature baseboard heat, window AC units, and access to a shared covered porch/balcony. One unit is currently rented fully furnished on a short-term basis. Current total rental income is $7,150 per month. Operating expenses include taxes, insurance, lawn maintenance, exterior lighting, water, and property management. Listing agent is also the property manager. No interior showings until under contract. List of improvements and expenses available upon request.

319 Connelly Springs Sw Road, Lenoir

Listing courtesy of Raccoon Realty LLC. 828-729-1976
808 Harrisburg Sw Drive, Lenoir
$385,000
5 Beds ⋅ 4395292 MLS ⋅ ACTIVE Status
Excellent opportunity to acquire a cash-flowing duplex in Lenoir with current gross rental income of $3,425 per month. This income-producing property offers immediate cash flow and has benefited from substantial ownership investment focused on long-term maintenance, property performance, and asset preservation. Over the course of ownership, numerous capital improvements and upgrades have been completed, including HVAC enhancements, moisture management systems, crawl space upgrades, drainage improvements, exterior maintenance, structural updates, and other property improvements designed to support the overall condition and operation of the asset. Documentation and records of completed improvements are available for buyer review. The property has been actively maintained and professionally managed, making it an attractive opportunity for investors seeking a stabilized rental property with established income in place. Generating approximately $41,100 in annual gross rental income, 808 Harrisburg presents an opportunity to expand an existing portfolio or acquire a well-maintained multifamily investment with immediate cash flow and documented ownership improvements.

808 Harrisburg Sw Drive, Lenoir

Listing courtesy of FK and Associates Real Estate Firm. tristan@fkandassociates.com
526 Kentwood Sw Street, Lenoir
$399,000
5 Beds ⋅ 4390527 MLS ⋅ ACTIVE Status
ATTENTION INVESTORS! 2 possible rentals! 3BRM/2BA Main Home and 2 BRM GUEST HOUSE! This beautifully updated and remodeled Craftsman-style home blends timeless character with modern upgrades. A brand-new front porch welcomes you with recessed lighting in a wood ceiling, setting the tone for the craftsmanship found throughout. Inside, refinished hardwood floors lead you through spacious living and dining rooms anchored by a stately fireplace, with a new private deck just off the dining area—perfect for entertaining. The kitchen is a showstopper, featuring custom granite and butcher block countertops, a preserved original built-in hutch, and new stainless steel appliances, including a refrigerator. Reclaimed wood ceilings and an antique front door add warmth and historic charm. The main level includes a primary bedroom, a full bath, and a convenient laundry area. A walk-in storage room off the mudroom, accessed via a custom sliding door, provides flexible space for coats or pantry items. Upstairs, you'll find two generously sized bedrooms and a second full bath, all connected by an elegantly curved hardwood staircase. Major system updates include a new AC unit(central air),new coils in Gas furnace. pudated electrical, plumbing, and countless thoughtful details that make this home truly move-in ready. Adding even more value and versatility, the property includes a completely rebuilt 2-bedroom guest house, perfect for extended family, rental income, or private workspace. This second living quarters was remodeled from the ground up and features a custom kitchen with hand-sanded, stained butcher block countertops, a cozy living area with a reclaimed wood fireplace mantel, and a full bath. A dedicated laundry room and walk-in closet add convenience, and personal design touches are evident throughout this charming space. This property offers the perfect balance of historic charm, modern comfort, and multi-functional living—all on one beautifully upgraded lot.

526 Kentwood Sw Street, Lenoir

Listing courtesy of Mountainside Realty, LLC. donnadphillipsrealtor@gmail.com
1101 College Sw Avenue, Lenoir
$320,000
6 Beds ⋅ 4345154 MLS ⋅ ACTIVE Status
Income-producing multi-unit property currently operated as four separate units. Electrical updates and improvements completed by current owner. New roof installed in 2023. Units feature window HVAC systems. One unit does not have a kitchen. All tenants are on month-to-month leases, providing flexibility for an investor. Current rents total $2,900/month across four units. Excellent opportunity for immediate cash flow or value-add potential.

1101 College Sw Avenue, Lenoir

Listing courtesy of Nestlewood Realty, LLC. alba@nestlewoodrealty.com
1317 &1319 Main Nw Street, Lenoir
$294,500
3 Beds ⋅ 4298518 MLS ⋅ ACTIVE Status
Great rental property opportunity! One studio apt with 1 bedroom and 1 bath, 2nd apt is 2 bedroom 1 bath, 2 huge buildings for storage, also a garage with workshop , lift, and air compressor. Schedule your showing today!

1317 &1319 Main Nw Street, Lenoir

Listing courtesy of NC Homes Direct. soldbyjudith@aol.com

“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

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