319 Connelly Springs Road SW Lenoir, NC $ 750,000
319 Connelly Springs Road SW
$ 750,000
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319 Connelly Springs Road SW

Lenoir, NC, 28645
$ 750,000
Bedrooms8 Baths4.4 Sq 11,000

Monthly Estimate*

$ 5,180

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Multi-Family Home for sale in Lenoir, NC

for $750,000 with 8 bedrooms and 4 full baths, 4 half baths. This 11,000 square foot home was built in 1970 on a lot size of 0.51.

Fully rented, income-producing 8-plex in the Whitnel area of Lenoir. The property includes four commercial storefronts at road level and four residential units above, with two separate parking areas. Each commercial space is approximately 1,500 square feet with concrete slab floors, central HVAC, and a half bath. The residential units each offer 2 bedrooms, 1 bathroom, and an open-concept kitchen/living area. Apartments feature baseboard heat, window AC units, and access to a shared covered porch/balcony. One unit is currently rented fully furnished on a short-term basis. Current total rental income is $7,150 per month. Operating expenses include taxes, insurance, lawn maintenance, exterior lighting, water, and property management. Listing agent is also the property manager. No interior showings until under contract. List of improvements and expenses available upon request.

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Multi-Family Active

Price

$ 750,000

Bedrooms

8

Full Bath

4

Half Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.51

Year Built

1970

Town/City

Lenoir

County/Region

Caldwell

MLS | Web ID

4423516

Features
General
Living Area 11000
Sewer Public Sewer
Heating Baseboard Central Electric Heat Pump Other - See Remarks
Cooling Central Air Electric Heat Pump Window Unit(s)
Roof Rubber
Appliances Electric Range Refrigerator
Zoning B2
Garage Spaces 0
Patio/Porch Features Awning(s) Balcony Covered Porch
Architectural Style Other
Security Features Smoke Detector(s)
Construction Materials Brick Partial Vinyl
Pets Allowed Conditional
Year Built 1970
Tenant Pays All except water
Stories Count 2
Property Subtype Eightplex
Parcel Number 06-63-3-22
Elevation 1000
County Caldwell
New Construction N
Property Type Residential Income
HOA N
Garage Y/N N
Full Baths 4
High School Hibriten
City Lenoir
Senior Community Y/N N
Open Parking Spaces 18
Number Of Units Total 8
Lot Size Units Acres
Carport Spaces 0
Carport Y/N N
Elementary School Whitnel
Middle/Junior High School William Lenoir
Additional Parcels Y/N N
Standard Status Active
Construction Type Site Built
Tax Assessed Value 337800
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Exterior
Exterior Amenities Lawn Maintenance
Parking Features Parking Lot Parking Space(s)
Lot Features Paved Other - See Remarks
Water Source City
Lot Size Area 0.51
Foundation Details Slab
Building Area Total 11000
Lot Dimensions 146x145
Road Surface Type Concrete Paved
Other Parking Upper and lower parking areas
Road Responsibility Publicly Maintained Road
Horse Amenities None
Road Frontage 146
Main Level Garage YN N
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Interior
Flooring Vinyl Other - See Remarks
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 11000
Half Baths 4
Laundry Features In Kitchen
Total Bedrooms 8
Below Grade Finished Area 0
Number Of Completed Units Total 8
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Internal Only
Street Number 1 319
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* Excluded Features
List By
Raccoon Realty Llc

Broker

Affordability Calculator

$5,180
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,180
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2149542 Elementary School
293471 Middle School
Hibriten High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2026$750,000 Listed Price

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319 Connelly Springs Road SW, Lenoir, NC, 28645 is a Multi-Family Home for sale at $750,000 with 11,000 sqft and a lot size of 0.51. 319 Connelly Springs Road SW has 8 bedrooms, 4.4 baths, and was built in 1970. The property's zip code is 28645 which is in Lenoir, NC