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About This Home

This 6-bedroom, 0-bathroom residential multi family at 1101 College Avenue SW in Lenoir, NC is listed for $320,000. Built in 1920, on a 0.25 acres lot.

Agent Description

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.

Key Features

  • Built in 1920
  • 0.25 acre lot

Property Details

5 full
1920

Amenities

A/C

Monthly Cost Estimate

$1,711/mo

20% down · 6.5% · 30 years

Principal$231
Interest$1,387
Insurance$93

Estimates only. Actual payments may vary.

Location

1101 College Avenue SW

Lenoir, NC 28645

Property Details

Construction

Hard Stucco

Parking

DrivewayGarage - DetachedOn Street

Cooling

Window Unit(s)

Questions & Answers

This 6-bedroom, 0-bathroom residential multi family at 1101 College Avenue SW is listed at $320,000. The estimated monthly payment is $1,387 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.25 acre lot.

This property is listed by Alba Carbajal Martinez and can be reached at 8284495227 or alba@nestlewoodrealty.com.

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AM

Alba Carbajal Martinez

Agent at Nestlewood Realty, LLC

(828) 449-5227

Listed by Nestlewood Realty, LLC · View on Broker Site

MLS# 4345154· Source: listhub· Updated 51 days ago

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1101 College Avenue SW, Lenoir, NC 28645

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