About This Home

This 6-bedroom, 5-bathroom multi-family at 1101 College Avenue SW in Lenoir, NC is listed for $320,000. Built in 1920, on a 0.25 acres lot.

Key Features

  • Built in 1920
  • 0.25 acre lot

Property Details

5 full
1-car garage
1920

Amenities

A/C
Listing 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.

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, 5-bathroom multi-family at 1101 College Avenue SW is listed at $320,000. The estimated monthly payment is $1,711 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

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

This property is listed by Alba Carbajal Martinez.

AM

Alba Carbajal Martinez

Agent at Nestlewood Realty

Listed by Nestlewood Realty · Broker phone: 704.779.0401 · View on Broker Site · Broker website

MLS# 4345154· Source: Canopy MLS· 256 days on PropertySimple

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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