1802 Forest Hill Place SW Lenoir, NC 28645
6 unit turn key investment property in Lenoir. Located near HWY 321 off Southwest Loop. Includes 4 2 bedroom, 1 bathroom units upstairs and 2 1 bedroom, 1 bath units downstairs. New roof installed April 2022. HVAC units recently serviced. All tenants are on written, month to month leases, total rents $3600 per month plus additional $20-30 per unit per month for water and trash service. Tenants responsible for all utilities. Mowing service expense $100 per month. Storage area downstairs could be converted into additional studio apartment. Agent is owner. Showings available starting July 11. Please call with any questions.
Listing Brokerage NameFive Stone Real Estate, LLC
Community - Lenoir
Sale Price as (%) of Asking Price
Average Sale Price
Average Days On Market
Data compiled from available Multiple Listing Service sources.
Nestled in the foothills of the Blue Ridge Mountains, sits the quiet mountain town of Lenoir, North Carolina, known for its vibrant economy and furniture production.
Real Estate in Lenoir
Lenoir, NC has a relatively low cost of living compared to the US average, with the median home price around $93,700. Despite the modest cost of living, home values in Lenoir are starting to steadily increase; in fact, home prices have appreciated 12.3% over the last year.
Lifestyle and Attractions
Furniture production put Lenoir, NC on the map decades ago, and still today remains one of the top drivers of tourism today. Each year, thousands flock to the town in search of brand name furniture like Bernhardt, Broyhill, Fairfield Chair, Hammary, Kincaid, and Thomasville at steep discounts. Furniture lovers are delighted to discover over 20 miles of furniture stores between Lenoir and Hickory, NC.
Outside of hunting for a bargain, residents and tourists can be found enjoying the summer months and taking in the town’s many events— from the Blackberry Festival to bluegrass jams, there’s no shortage of culture in Lenoir, NC.
Nearby Schools and Higher Education
Lenoir County Public Schools provide educational opportunities to over 8,700 k-12 students. LCPS offers a wide range of special programs and focuses on preparing students to enter the workforce after graduation or transition to an institution of higher education.
Lenoir, NC is close to 94 colleges in a 100 mile radius, affording opportunities for students with every interest and budget. Lenoir Rhyne University is very popular with Lenoir residents, as is Appalachian State University. For students eager to go a little farther from home, East Tennessee State University and Milligan College are about an hour from Lenoir.
The town of Lenoir, NC was founded in 1851 by German Migrants. Soon after the town’s establishment, the town’s first furniture factory was built, providing jobs and a bustling economy. Today, Lenoir and Hickory, NC are known as the furniture capital of the world— employing thousands and providing furniture to over 30 different countries.
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