300 Roper St Morganton, NC 28655

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2 beds · 2 baths · 864 sq ft · Lot Size: 4,792 sq ft · Multi-Family Home (2 - 4 units)
Est. Property Value: $49,310

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300 Roper St is in the 28655 neighborhood of Morganton, NC. It is located in Burke County and ZIP code 28655. This Multi-Family Home (2 - 4 units) was built in 1950 and is approximately 75 years old. The multi-family home (2 - 4 units) spans 864 sq ft with 2 bedrooms and 2 bathrooms and sits on a 4792 sq ft lot. According to public records, it has a tax-assessed value of $47,982, which is $57 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 300 Roper St Morganton, NC 28655 with Property Intel by Whitepages.

Owners & Occupancy for 300 Roper St

This property is owned by Mary L Pearson. Owner contact information includes 10 phone numbers and 5 email addresses.

Property Owners

Cell Phone(702) ***-****View Cell Phone
Residence*************
Landline(619) 474-3473
Distance from Property**********
Email Address**********@aol.comView Email

Occupancy

Resident 1************ age 69
Resident 2*********************** age 77
Resident 3*****************

Property Financials for 300 Roper St

300 Roper St, Morganton, NC has no known mortgage. The Burke county assessment for 2024 values it at $47,982, with annual taxes of $455.

Property Tax

Property Tax Amount$455 in 2024
Assessed Value$47,982 on 2024

Investment Potential for 300 Roper St

The property has a current estimated value of $49,310, which is 64% below the zip median. Projected long-term rental income is $21,600 annually ($1,800 per month) with a 86% occupancy rate.

Discover more Multi-Family Home (2 - 4 units)s in 28655.

Long-Term

Gross Rental
$21,600 per year($1,800 per month)
Net Operating Income
Cap Rate
Occupancy Rate
86%in 28655 zip code
 
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Property Details for 300 Roper St

Property Details

Property Sq Ft

Living Area

864 sq ft

37% below market

Lot Size

4,792 sq ft

72% below market

Price Per Sq Ft

Living Area

$57 / sq ft

34% below market

Lot Size Area

$10 / sq ft

30% above market

Property condition, age, exterior, etc. for 300 Roper …
Longitude: -81.695852 Latitude: 35.751765 Parcel Number (APN): 6401…

Recommended Properties in 28655

Discover more multi-family homes near 300 Roper St in Morganton, North Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 300 Roper St in Burke County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$49,310
$141,299
-$91,989 (-65%)
YoY Price Change
Year Built
1950
1970
-20 years
Living Space
864 sq ft
1,296 sq ft
-432 (-33%)
$ Per Living Sq Ft
$57
$106
-$49 (-46%)
Lot Size
4,792 sq ft
7,405 sq ft
-2613 (-35%)
$ Per Lot Sq Ft
$10
$16
-$6 (-36%)

Net Operating Income
$17,455
$420 (2%)
Annual Revenue
$21,600
$23,400
-$1,800 (-8%)
$4,844
-$1,119 (-23%)
Net Operating Income
$17,455
$420 (2%)
Cap Rate
11.5%
Home Value Comparison: Property vs. Local and Regional 2-Bed Multi-Family Home (2 - 4 units) Medians

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