# 507 S College Street, Morganton, NC 28655

> **TL;DR:** 2bd/3ba single family, $130,000 ($144/sqft), built 1922, 900 sqft.
> A/C. Est. $563/mo. Listed 15 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $130,000 |
| Price/sqft | $144 |
| Bedrooms | 2 |
| Bathrooms | 1 full, 2 half |
| Square Feet | 900 |
| Year Built | 1922 |
| Lot Size | 8,276 sqft (0.19 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 15 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $563 |
| **Total** | **$563** |

## Nearby Schools

- **Elementary:** Mountain View
- **Middle:** Walter Johnson
- **High:** Freedom

## Key Amenities

- A/C

## Property Highlights

- Built in 1922
- 0.19 acre lot

## Description

### Agent Description
Investor opportunity within walking distance to Downtown Morganton. This 2-bedroom, 1.5-bath bungalow offers strong potential for a flip or rental investment. The home does require TLC but presents a great opportunity to add value and customize to your vision. Features include a charming covered front porch ideal for relaxing, an outdoor patio area, a playhouse, and a detached metal-covered carport. Conveniently located near downtown Morganton, NC which means shops, dining, and local amenities. Property is being sold as-is. Great opportunity for investors or buyers looking for a renovation project in a desirable location.

## Location

- **Address:** 507 S College Street, Morganton, NC 28655
- **County:** Burke
- **Coordinates:** 35.740254, -81.68475
- **Google Maps:** https://www.google.com/maps?q=35.740254,-81.68475

## Listing Agent

- **Name:** Mark Causby
- **Brokerage:** Coldwell Banker Newton RE
- **Phone:** 8282053531
- **Email:** markcausbyrealty@gmail.com

## Primary Photo

![507 S College Street - Primary Photo](http://lh.rdcpix.com/6e8f2c931c0d5bc78d520a99764b58dfl-f16980425r.jpg)

*21 total photos available on [listing page](https://www.propertysimple.com/listing/507-s-college-street-morganton-nc-28655-4362056)*

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**MLS#:** 4362056 | **Updated:** 2026-04-25
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/507-s-college-street-morganton-nc-28655-4362056)

---

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  "description": "Investor opportunity within walking distance to Downtown Morganton. This 2-bedroom, 1.5-bath bungalow offers strong potential for a flip or rental investment. The home does require TLC but presents a great opportunity to add value and customize to your vision. Features include a charming covered front porch ideal for relaxing, an outdoor patio area, a playhouse, and a detached metal-covered carport. Conveniently located near downtown Morganton, NC which means shops, dining, and local amenities. ",
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