3354 Clay Apartments Court, Lenoir, NC 28645

$1,525,000
32
BD
13,760
SqFt

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Listing courtesy of Keller Williams Lake Norman. jmech@mechrealty.com

Sold listing courtesy of EXP Realty LLC Mooresville

Sold Price
$1,525,000
List Price
$1,600,000
Status
CLOSED
Days on Market
65
Closing Date
May 22, 2026
MLS#
4358691
Year Built
1960
Bedrooms
32
Full Baths
16
Living Area
13,760
Lot Size
87,120
Acres
2

Property Description

Priced below appraisal - get ready to purchase instant equity and fantastic cash flowing property! Amazing opportunity in Lenoir for a 16 unit community. 8 duplex homes with 2 bedrooms, 1 bathroom on a private road. All units are on City Water & City Sewer. The properties feature newer vinyl siding, newer roofs, newer furnaces & air handlers/mini-splits. One of the roofs was replaced in February and several hot water heaters were replaced. Electrical & plumbing has been updated where needed. All units are occupied and have fantastic cash flow with room to increase rents. Significant rent increases have been made since the first of the year and there is still room for increases. Units convey with stoves & refrigerators. Tenants cover all utilities - owner pays for lawn mowing 2x's/month. Fantastic location - 10 minutes to Lenoir, 25 minutes to Hickory & 20 minutes to Morganton. Close to schools, shopping & dining.

Additional Information

Appliances
Oven
Heating
Central, Ductless
Air Conditioning
Ceiling Fan(s), Central Air, Ductless, Window Unit(s)
Exterior Construction
Site Built
Roof
Aluminum, Architectural Shingle
Foundation
Crawl Space
Parking
Parking Space(s)
Elementary School
Gamewell
Middle School
Gamewell
High School
West Caldwell

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