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.
Sale and tax history for 319 Connelly Springs Rd SW
Sale History
Tax History
Date
Event
Price
CANOPYMLS as Distributed by MLS Grid #4423516
Sep 17, 2026
Listed
$750,000
$68/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
135 ft.
Lot depth
172 ft.
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Year renovated
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Total Sq. Ft.
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Year built
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Style
Single Family Residential
County
Caldwell County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on May 17, 2026.
B-2
General Business District
B-2 (General Business) District is intended to provide for a wide variety of retail, service and other activities, controlled by performance standards, at locations along major transportation routes, to serve both local and transient traffic. While generally located in areas that are auto-centric, the General Business zoning district is intended to promote development that equally considers pedestrian traffic, because this district is often located in close proximity to multi-family developments and short-term lodging. This district is designed to accommodate a moderate to high intensity of development along key commercial corridors in the City, with robust design standards to encourage a unique sense of place and promote a multi-modal future with support for transit, bike, and pedestrian infrastructure.
Permitted uses
Include but are not limited to:
Gas station
General retail
Restaurant
Hospital / medical center
Housing-Group
Housing-Single unit
Housing-Multiple units
Hotel / motel
Office
Medical office
Historical weather
Lenoir, NC • 28645
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Sun exposure
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Redfin Estimate for 319 Connelly Springs Rd SW
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