About this home

Excellent investment opportunity - Fully Occupied 11-Unit Brick Apartment Complex! This apartment community has been well-maintained with major Improvements taken care of, including a new roof on the upper building in 2025 and on lower building in 2018. Additional list of updates/repairs available, including new windows, new appliances, new flooring (LVP and carpet), fresh paint, new ceiling fans, new lighting, and bathroom upfits in many of the units. Situated just minutes from downtown Granite Falls and approximately 20 minutes from downtown Hickory, this offers both Convenience and long-term rental appeal. No sign on the Property.

Facts and features

Schools

• Granite Falls Middle

  middle · 6-8 · 0.5 mi

  7

• Granite Falls Elementary

  elementary · K-5 · 0.9 mi

  5

• South Caldwell High

  high · 9-12 · 2.2 mi

  5

• Sawmills Elementary

  elementary · K-5 · 3.1 mi

  5

• Hudson Middle

  middle · 6-8 · 4.5 mi

  3

• Hudson Elementary

  elementary · K-5 · 4.7 mi

  8

Price history

• Jun 1, 2026 · Price Changed$1,350,000
• Apr 17, 2026 · Price Changed$1,375,000
• Jan 15, 2026 · Listed$1,395,000

Tax history

• 2025$3,188 tax · $469,500 assessed
• 2023$2,476 tax · $356,500 assessed
• 2022$2,476 tax · $356,500 assessed
• 2021$2,476 tax · $356,500 assessed
• 2020$2,581 tax · $373,100 assessed
• 2019$2,368 tax · $373,100 assessed
• 2018$4,254 tax · $373,100 assessed
• 2017$4,254 tax · $373,100 assessed

Home value

$1,336,000

• Collateral Analytics$1,336,000

Where it is