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3354 Clay Apartments Court, 
Lenoir, NC 28645

$1,600,000


32

Beds


16

Baths


13,760

Sq Ft


Multi-Family

Active

Listed by

Jennifer Mech

Keller Williams Lake Norman

Last updated:

March 20, 2026, 01:36 PM

MLS#

4358691

Source:

CH

About This Home

3354 Clay Apartments Court

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.

Home Facts

Multi-Family

16 Baths

32 Bedrooms

Built in 1960

Price Summary

1,600,000

$116 per Sq. Ft.

MLS #:

4358691

Last Updated:

March 20, 2026, 01:36 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

32

Bathrooms

Total Bathrooms:

16

Full Bathrooms:

16

Interior

Living Area:

13,760 Sq. Ft.


Structure

Structure

Building Area:

13,760 Sq. Ft.

Year Built:

1960


Lot

Lot Size (Sq. Ft):

87,120


Finances & Disclosures

Finances

Price:

$1,600,000

Price per Sq. Ft:

$116 per Sq. Ft.

MLS Logo
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.