1101 College Avenue SW, Lenoir, NC 28645
Caldwell County
Key Facts
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.
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Year Built
1920
Living Area
2,844 sq ft
Garage Spaces
1
Zoning
R-6
Days on Market
100
MLS® Listing#
4345154
Property Features
Appliances
Cooling
Basement
Parking
Sewer
Water Source
Schools
- Elementary:
- Unspecified
- Middle:
- Unspecified
- High:
- Unspecified
Financial Details
HOA
None
Assessed Value
$232,500
Parcel Number
06-13-4-7
Affordability Calculator
$64,000
Estimated monthly payment
$1,703/mo
Principal $256,000 · Est. interest $357,143 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lenoir, NC
- $364,103
- Median Listing Price
- 60
- Median Days on Market
- 1,855
- Median Sq Ft
- $196
- Median Price / Sq Ft
- 176
- Active Listings
- This home’s price is 12% below the area median.
- Its price per sq ft is 43% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lenoir, NC.
Location
Getting Around
Points of Interest in Lenoir, NC
Showing the Lenoir area map.
Nearby Schools
Davenport A+ School
Elementary · 0.2 mi away
Robbins Preschool
School · 0.3 mi away
West Lenoir Elementary School
Elementary · 0.6 mi away
William Lenoir Middle School
Elementary · 1.2 mi away
Horizons Elementary School
Elementary · 1.2 mi away
Valmead Elementary School
Elementary · 1.8 mi away
Whitnel Elementary
Elementary · 1.8 mi away
Lower Creek Elementary School
Elementary · 1.9 mi away
Caldwell County Schools
School · 2.6 mi away
William Lenoir Middle
Secondary · 2.7 mi away
Hibriten High School
Secondary · 2.7 mi away
West Caldwell High School
Secondary · 3.2 mi away
Gamewell Middle School
Secondary · 4.2 mi away
Gamewell Elementary School
Elementary · 4.2 mi away
Heritage Christian School
School · 4.8 mi away
Caldwell Early College High School
Secondary School · 5.1 mi away
Caldwell Career Center Middle Col
School · 5.2 mi away
Horizons Elementary School
Elementary · 5.4 mi away
Hudson Elementary School
Elementary · 5.4 mi away
Hudson Middle School
Secondary · 5.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1205 Summerhill Street SW, Lenoir, NC | $380,000 | 6 | 3 | 2,905 |
| 808 Harrisburg Drive SW, Lenoir, NC | $385,000 | 5 | — | 3,874 |
| 1125 Brockmore Drive, Lenoir, NC | $389,900 | 5 | 3 | 3,320 |
| 526 Kentwood Street SW, Lenoir, NC | $415,000 | 5 | — | 2,550 |
| 526 Kentwood Street SW, Lenoir, NC | $415,000 | 5 | 3 | 1,718 |
Moving Cost Estimate
EXIT Agents in Lenoir
Listing Courtesy: Nestlewood Realty, LLC - alba@nestlewoodrealty.com
Last Updated: 2026-02-18
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