$1,600,000

3354 Clay Apartments Court, Lenoir, NC 28645

  • 32 beds |
  • 16 baths |
  • 13,760 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon2acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $116/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

Priced below appraisal - get ready to purchase instant equity and fantastic cash flowing property! Amazing opportunity in Lenoir for a 16 unit community. 8 duplex homes with 2 bedrooms, 1 bathroom on a private road. All units are on City Water & City Sewer. The properties feature newer vinyl siding, newer roofs, newer furnaces & air handlers/mini-splits. One of the roofs was replaced in February and several hot water heaters were replaced. Electrical & plumbing has been updated where needed. All units are occupied and have fantastic cash flow with room to increase rents. Significant rent increases have been made since the first of the year and there is still room for increases. Units convey with stoves & refrigerators. Tenants cover all utilities - owner pays for lawn mowing 2x's/month. Fantastic location - 10 minutes to Lenoir, 25 minutes to Hickory & 20 minutes to Morganton. Close to schools, shopping & dining.

Listing Status:
Pending
Data Last Updated:
March 26, 2026 at 4:15AM
Listing Office:
Keller Williams Lake Norman : 704-892-5518
MLS ID:
4358691
  • Rooms: Primary BedroomBedroom(s)Bathroom(s)KitchenLiving RoomDining AreaLaundry
  • Appliances: Oven
  • Laundry: Electric Dryer HookupIn KitchenWasher Hookup
  • A/C: Ceiling Fan(s)Central AirDuctlessWindow Unit(s)
  • Heating: CentralDuctless
  • Parking: Parking Space(s)
  • Roofing: AluminumArchitectural Shingle
  • General: Site BuiltCrawl Space
  • Road/Access: DirtPaved
  • Originating MLS: carolina
  • County: Caldwell
  • Zoning: R2006244-3-13
  • Water: City
  • Sewer: Public Sewer
  • Source: carolina

This listing courtesy of Keller Williams Lake Norman

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Gamewell Elementary School

2904 Morganton Blvd SW, Lenoir, NC, 28645

Grades PK-5

0.34 miles away

G

Gamewell Middle School

3210 Gamewell School Rd, Lenoir, NC, 28645

Grades 6-8

0.40 miles away

W

West Caldwell High School

300 W Caldwell Dr, Lenoir, NC, 28645

Grades 9-12

1.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.