805 Old Highway 18 Rd

Morganton, NC 28655

$650,000
Price
—
Beds
—
Baths
4,144 Sq. Ft.
$157 / Sq. Ft.
4,144
Sq. Ft.
$157
per Sq. Ft.

Description

Here’s a rare opportunity to own a mixed-use income property with multiple dwellings all on one parcel. Sitting on nearly an acre of land, this setup includes a 4-unit apartment building, a detached 2-bedroom home, and a studio apartment in the basement of the house. The apartment building has a newer roof. Each of the 4 apartments are 2 bedrooms and 1 bathroom. Shared tenant garden space for enjoyment and community use. Together, they’ve provided a strong rental history with long term tenants. The...Here’s a rare opportunity to own a mixed-use income property with multiple dwellings all on one parcel. Sitting on nearly an acre of land, this setup includes a 4-unit apartment building, a detached 2-bedroom home, and a studio apartment in the basement of the house. The apartment building has a newer roof. Each of the 4 apartments are 2 bedrooms and 1 bathroom. Shared tenant garden space for enjoyment and community use. Together, they’ve provided a strong rental history with long term tenants. The property is located close to I-40.
  1. Listed by Sara Black • RE/MAX Southern Lifestyles • sarab44@gmail.com

Property Details for 805 Old Highway 18 Road

Parking Features
Attached Carport, Parking Lot
Subdivision Name
None
LISTING UPDATED: 12/22/2025 08:49 AM

Property Details for 805 Old Highway 18 Road

StatusActive
MLS #4294667
Days on Market128
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1980
Lot Size0.99 AC / 43,124 SF
CountyBurke County

Location

Listing Courtesy of RE/MAX Southern Lifestyles
Add your commute

Building Information for 805 Old Highway 18 Road

Stories-Residences-Year Built1980Building Size-Lot Size0.99 AC / 43,124 SF

Payment Calculator

$3,212 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,212

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 805 Old Highway 18 Road

Summary
Location and General Information
  • Longitude: -81.66080471
  • Zoning: R-3
  • Latitude: 35.71284012
  • Directions: From I-40, take exit 104. Take Enola Rd. to Old NC 18. (Tobacco Barn intersection). Turn right onto Old NC 18. Property is on the left.
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $414,750.00
  • Parcel Number: 2712042923
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Liberty
  • High School: Patton
  • Elementary School: Mull
Parking
  • Parking: Open Parking YN: No
  • Parking: Other: Apartments have upper and lower parking lot. House has an attached carport and lower parking lot access. Studio has lower parking lot access.
  • Parking: Carport YN: Yes
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 4144.0
  • Below Grade Finished Area: 0.0
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • New Construction YN: No
  • Photos Count: 33
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick Partial
  • Road Surface Type: Concrete, Paved
Interior Features
  • Appliances: Electric Range, Refrigerator
  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Laundry Features: Other - See Remarks
  • Foundation Details: Basement
  • Basement YN: Yes
  • Basement Features: Apartment
Multi Family
Multi-Family Information
  • Unit Type: 2 Bedroom, Studio, Apartments
  • Number Of Units Total: 6
Rental
Rent Information
  • Tenant Pays: All except water
  • Pets Allowed: No

Property History for 805 Old Highway 18 Road

DateEvent & SourcePriceAppreciation
Dec 22, 2025

Price Change

CANOPY #4294667

$650,000—
Aug 22, 2025

Listed (Active)

CANOPY #4294667

$750,000—
DateEvent & SourcePrice
12/22/2025

Price Change

CANOPY #4294667

$650,000
08/22/2025

Listed (Active)

CANOPY #4294667

$750,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 805 Old Highway 18 Road

This home is within Burke County School District.
Rating
School
Type
Grades
Distance
Mull Elementary
Public - PK to 5
Liberty Middle
Public - 6 to 8
Robert L Patton High School
Public - 9 to 12
North Liberty
Public - PK to 12
Rating
School
Distance
Mull Elementary
PublicPK to 5

Liberty Middle
Public6 to 8

Robert L Patton High School
Public9 to 12

North Liberty
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 805 Old Highway 18 Road, Morganton, NC 28655

805 Old Highway 18 Road is a multi-family home for sale in Morganton, NC 28655. This property was listed for sale on August 22, 2025 by RE/MAX Southern Lifestyles, it's currently listed at $650,000. This listing's school district is Burke County School District. Nearby schools include Mull Elementary, Liberty Middle and Robert L Patton High School. 805 Old Highway 18 Road is a 0-bed, 0-bath, 4,144 sqft multi-family home built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Southern Lifestyles

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/29/2025 02:11 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.