Real Estate Investment Properties for Sale in Morganton, NC

Looking for investment property in Morganton, NC with high ROI ?

Explore a variety of short-term homes & houses in Morganton, NC. Invest wisely with VRBO & Morganton, NC Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Morganton, NC

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
122 Murphy Court Morganton, NC Start the new year in a new home! This charming 2-bedroom, 1-bath property is perfectly lo...	2 beds \| 1 baths \| 1,100 sq.ft.	$235,000	Airbnb cash on cash: 9.99% Traditional cash on cash: 3.44% Airbnb Rental Income: $3492 Traditional Rental Income: $1266 Airbnb ROI: 9.99% Traditional ROI: 3.44%
2691 Laurel Pointe Drive Morganton, NC Brand NEW Kitchen with granite countertops! Here is an amazing, beautiful home located at ...	3 beds \| 3 baths \| 1,612 sq.ft.	$699,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 0.74% Airbnb Rental Income: $4308 Traditional Rental Income: $1816 Airbnb ROI: 3.17% Traditional ROI: 0.74%
210 S River Glen Dr Morganton, NC Welcome to 210 S. River Glen Dr. in Morganton with 3/BR /3BA. The main level offers comfor...	3 beds \| 3 baths \| 2,407 sq.ft.	$430,000	Airbnb cash on cash: 6.95% Traditional cash on cash: 3.49% Airbnb Rental Income: $4586 Traditional Rental Income: $2236 Airbnb ROI: 6.95% Traditional ROI: 3.49%
1726 Waterford Way Morganton, NC The lake home you've been looking for, Must see this move in ready 3BR, 3.5 bath home in t...	3 beds \| 4 baths \| 2,706 sq.ft.	$659,000	Airbnb cash on cash: 4.28% Traditional cash on cash: 2.65% Airbnb Rental Income: $4586 Traditional Rental Income: $2635 Airbnb ROI: 4.28% Traditional ROI: 2.65%
135 Hilltop Street Morganton, NC A setting that feels worlds away yet remains fully connected to downtown Morganton, this e...	3 beds \| 2 baths \| 2,424 sq.ft.	$829,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 0.77% Airbnb Rental Income: $4586 Traditional Rental Income: $2101 Airbnb ROI: 2.75% Traditional ROI: 0.77%
118 W Union Street A Morganton, NC Enjoy downtown Morganton living at its finest in this 2 BR 2 BA second floor condo on West...	2 beds \| 2 baths \| 1,420 sq.ft.	$710,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 0.48% Airbnb Rental Income: $3492 Traditional Rental Income: $1623 Airbnb ROI: 2.14% Traditional ROI: 0.48%
2937 Frank Whisnant Road Morganton, NC NEW CONSTRUCTION~A thoughtfully crafted, energy-smart home combining quality materials and...	3 beds \| 2 baths \| 1,500 sq.ft.	$369,900	Airbnb cash on cash: 9.17% Traditional cash on cash: 3.89% Airbnb Rental Income: $4586 Traditional Rental Income: $1800 Airbnb ROI: 9.17% Traditional ROI: 3.89%
1060 Hawksbill Drive Morganton, NC PRICE IMPROVEMENT ON THIS NEW CONSTRUCTION HOME. This quiet gated community is just minut...	3 beds \| 2 baths \| 1,935 sq.ft.	$490,000	Airbnb cash on cash: 6.69% Traditional cash on cash: 3.34% Airbnb Rental Income: $4586 Traditional Rental Income: $2100 Airbnb ROI: 6.69% Traditional ROI: 3.34%
231 Davis Drive Morganton, NC The perfect blend of privacy and convenience with this serene 3.16-acre estate nestled in ...	3 beds \| 3 baths \| 2,576 sq.ft.	$475,000	Airbnb cash on cash: 6.54% Traditional cash on cash: 3.58% Airbnb Rental Income: $4586 Traditional Rental Income: $2318 Airbnb ROI: 6.54% Traditional ROI: 3.58%
3430 & 3390 Rose Creek Road Morganton, NC Price Increase due to addition of additional land and 2nd cabin plus outbuildings. Looking...	3 beds \| 3 baths \| 1,862 sq.ft.	$469,900	Airbnb cash on cash: 6.6% Traditional cash on cash: 2.15% Airbnb Rental Income: $4586 Traditional Rental Income: $1672 Airbnb ROI: 6.6% Traditional ROI: 2.15%
129 Brentwood Road Morganton, NC Step into this beautifully-built new construction home with quality, comfort, and modern l...	2 beds \| 2 baths \| 928 sq.ft.	$299,900	Airbnb cash on cash: 7.48% Traditional cash on cash: 3.17% Airbnb Rental Income: $3492 Traditional Rental Income: $1506 Airbnb ROI: 7.48% Traditional ROI: 3.17%
2169 E Winds Avenue Morganton, NC Beautifully set on nearly an acre, this 4 BR/3.5 BA home combines comfort, functionality, ...	4 beds \| 4 baths \| 2,406 sq.ft.	$490,000	Airbnb cash on cash: 8.96% Traditional cash on cash: 4.25% Airbnb Rental Income: $6052 Traditional Rental Income: $2695 Airbnb ROI: 8.96% Traditional ROI: 4.25%
4967 Sugar Loaf Road Morganton, NC Beautiful brick ranch home sitting on +/-6.7 acres. Recent survey on file. Home has been c...	3 beds \| 3 baths \| 1,548 sq.ft.	$389,900	Airbnb cash on cash: 7.85% Traditional cash on cash: 2.91% Airbnb Rental Income: $4586 Traditional Rental Income: $1827 Airbnb ROI: 7.85% Traditional ROI: 2.91%
5140 Beech Bluff Drive Morganton, NC Discover a world where the majestic Blue Ridge Mountains and the tranquil waters of Lake J...	5 beds \| 6 baths \| 6,085 sq.ft.	$3,950,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.32% Airbnb Rental Income: $null Traditional Rental Income: $5636 Airbnb ROI: N/A Traditional ROI: -0.32%
4617 Harbor View Terrace Morganton, NC Cape Cod cutie! Enjoy the lake from this corner location with a short walk to the deeded ...	3 beds \| 3 baths \| 2,411 sq.ft.	$579,900	Airbnb cash on cash: 5.11% Traditional cash on cash: 2.81% Airbnb Rental Income: $4586 Traditional Rental Income: $2385 Airbnb ROI: 5.11% Traditional ROI: 2.81%
109 Doe Run Morganton, NC PRICE IMPROVEMENT. Make your new home in the quiet River Glen community. The perfect ble...	3 beds \| 2 baths \| 1,352 sq.ft.	$335,000	Airbnb cash on cash: 9.51% Traditional cash on cash: 3.49% Airbnb Rental Income: $4586 Traditional Rental Income: $1739 Airbnb ROI: 9.51% Traditional ROI: 3.49%
4815 Mount Olive Church Road Morganton, NC Discover this charming 3-bedroom, 1-bathroom home tucked away in the peaceful countryside ...	3 beds \| 1 baths \| 1,865 sq.ft.	$420,000	Airbnb cash on cash: 7.75% Traditional cash on cash: 2.29% Airbnb Rental Income: $4586 Traditional Rental Income: $1483 Airbnb ROI: 7.75% Traditional ROI: 2.29%
102 Castlegate Drive Morganton, NC We heard your feedback - and we listened! Come back and see the transformation at 102 Cast...	3 beds \| 3 baths \| 2,287 sq.ft.	$385,000	Airbnb cash on cash: 7.97% Traditional cash on cash: 4.13% Airbnb Rental Income: $4586 Traditional Rental Income: $2248 Airbnb ROI: 7.97% Traditional ROI: 4.13%
311 N Meadow Dr Morganton, NC Welcome home to 311 N Meadow Drive, a thoughtfully updated 3-bedroom, 2-bath home that ble...	3 beds \| 2 baths \| 1,525 sq.ft.	$350,000	Airbnb cash on cash: 8.94% Traditional cash on cash: 3.51% Airbnb Rental Income: $4586 Traditional Rental Income: $1850 Airbnb ROI: 8.94% Traditional ROI: 3.51%
1761 Dearborn Street Extension Morganton, NC Don't miss this opportunity to own over 3.5 acres just outside of Drexel city limits! This...	2 beds \| 1 baths \| 1,290 sq.ft.	$274,900	Airbnb cash on cash: 8.31% Traditional cash on cash: 3.34% Airbnb Rental Income: $3492 Traditional Rental Income: $1434 Airbnb ROI: 8.31% Traditional ROI: 3.34%
212 Riverside Drive Morganton, NC Walk to downtown Morganton from this contemporary residence in the Riverside community. C...	5 beds \| 4 baths \| 3,136 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.47% Airbnb Rental Income: $null Traditional Rental Income: $3198 Airbnb ROI: N/A Traditional ROI: 6.47%
4331 Acorn Trace Morganton, NC Welcome to this charming home set on a beautiful half-acre lot in the Oak Forest subdivisi...	3 beds \| 3 baths \| 2,039 sq.ft.	$359,000	Airbnb cash on cash: 9.03% Traditional cash on cash: 4.53% Airbnb Rental Income: $4586 Traditional Rental Income: $2118 Airbnb ROI: 9.03% Traditional ROI: 4.53%
308 N Green Street #6 Morganton, NC Live in the heart of downtown Morganton. Located on the upper level of the Brinkleys Cond...	1 beds \| 1 baths \| 851 sq.ft.	$244,900	Airbnb cash on cash: 6.23% Traditional cash on cash: 2.77% Airbnb Rental Income: $2577 Traditional Rental Income: $1158 Airbnb ROI: 6.23% Traditional ROI: 2.77%
106 River Hills Way Morganton, NC 106 River Hills Way, Morganton, NC 28655 \| Single Family Residential	4 beds \| 3 baths \| 3,788 sq.ft.	$625,000	Airbnb cash on cash: 6.33% Traditional cash on cash: 1.29% Airbnb Rental Income: $6052 Traditional Rental Income: $1915 Airbnb ROI: 6.33% Traditional ROI: 1.29%
3200 US 70 Hwy Morganton, NC 3200 US 70 Hwy, Morganton, NC 28655 \| Other	N/A beds \| N/A baths \| N/A	$274,900	Airbnb cash on cash: 4.64% Traditional cash on cash: -0.4% Airbnb Rental Income: $2351 Traditional Rental Income: $464 Airbnb ROI: 4.64% Traditional ROI: -0.4%
2533 Lail Rd Morganton, NC 2533 Lail Rd, Morganton, NC 28655 \| Single Family Residential	5 beds \| 3 baths \| 2,726 sq.ft.	$559,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.08% Airbnb Rental Income: $null Traditional Rental Income: $2141 Airbnb ROI: N/A Traditional ROI: 2.08%
4407 Georgia Pines Road Morganton, NC Nestled on 12.20 acres, this spectacular Barndominium blends rugged outdoor appeal with re...	3 beds \| 3 baths \| 3,236 sq.ft.	$1,300,000	Airbnb cash on cash: 1.43% Traditional cash on cash: 0.09% Airbnb Rental Income: $4586 Traditional Rental Income: $2013 Airbnb ROI: 1.43% Traditional ROI: 0.09%
1057 Hawksbill Drive Morganton, NC New Construction in Gated Lake James Community! This beautifully crafted 3-bedroom, 2-bath...	3 beds \| 2 baths \| 2,022 sq.ft.	$600,000	Airbnb cash on cash: 5.29% Traditional cash on cash: 2.66% Airbnb Rental Income: $4586 Traditional Rental Income: $2160 Airbnb ROI: 5.29% Traditional ROI: 2.66%
110 Garrison Road Morganton, NC Looking for some land close to Morganton? Look no further-this updated bungalow sits on 6...	3 beds \| 1 baths \| 1,053 sq.ft.	$349,900	Airbnb cash on cash: 9.5% Traditional cash on cash: 2.56% Airbnb Rental Income: $4586 Traditional Rental Income: $1353 Airbnb ROI: 9.5% Traditional ROI: 2.56%
4314 Belmont Drive Morganton, NC New Listing! Appraisal Done! 3 Bedroom - 2 Bathroom home in the beautiful Belmont Subdivis...	3 beds \| 2 baths \| 1,460 sq.ft.	$375,000	Airbnb cash on cash: 8.56% Traditional cash on cash: 4.11% Airbnb Rental Income: $4586 Traditional Rental Income: $2068 Airbnb ROI: 8.56% Traditional ROI: 4.11%
316 Drexel Road Morganton, NC Come and check out this charming brick ranch-style home! This home features 2 beds and 1 b...	2 beds \| 1 baths \| 1,310 sq.ft.	$399,900	Airbnb cash on cash: 5.61% Traditional cash on cash: 2.02% Airbnb Rental Income: $3492 Traditional Rental Income: $1375 Airbnb ROI: 5.61% Traditional ROI: 2.02%
615 Carbon City Road Morganton, NC A Rare find in this "Stately" 2 story Rock home built in 1945. This home exudes character ...	5 beds \| 3 baths \| 2,812 sq.ft.	$649,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.05% Airbnb Rental Income: $null Traditional Rental Income: $2725 Airbnb ROI: N/A Traditional ROI: 3.05%
703 Independence Trail Morganton, NC Low maintenance living at its finest in Victory Pointe Condominium Association! Beautiful ...	2 beds \| 3 baths \| 1,536 sq.ft.	$295,000	Airbnb cash on cash: 7.9% Traditional cash on cash: 4.67% Airbnb Rental Income: $3492 Traditional Rental Income: $1824 Airbnb ROI: 7.9% Traditional ROI: 4.67%
100, 102-109, 111 Ross Street Morganton, NC Vintage 52 Unit Mobile Home Park and 3 Developable acres with great cash flow in Morganton...	N/A beds \| N/A baths \| N/A	$6,999,500	Airbnb cash on cash: -1.58% Traditional cash on cash: -1.66% Airbnb Rental Income: $2351 Traditional Rental Income: $1245 Airbnb ROI: -1.58% Traditional ROI: -1.66%

Real Estate investment in Morganton, NC

There are 36 properties for sale in the city of Morganton . The median list price in Morganton is $269,900 and the average price per square foot is $161. In March 2026, the average monthly cash on cash return in Morganton is 4.00%. The average monthly rental income in Morganton is $1,770.

Morganton, NC Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 36 investment properties available for sale in Morganton.

In 2026, the best neighborhood to buy investment property is Morganton.

The ROI for Long-Term is higher than the Short-Term in Morganton with average rental income of $1,770.

Your search for investment property begins and ends here

Investment Property for Sale in Morganton, NC

122 Murphy Court

Morganton, NC

2 beds | 1 baths | 1,100 sq.ft.

$235,000

Airbnb cash on cash: 9.99%

Traditional cash on cash: 3.44%

Airbnb Rental Income: $3492

Traditional Rental Income: $1266

Airbnb ROI: 9.99%

Traditional ROI: 3.44%

2691 Laurel Pointe Drive

Morganton, NC

3 beds | 3 baths | 1,612 sq.ft.

$699,000

Airbnb cash on cash: 3.17%

Traditional cash on cash: 0.74%

Airbnb Rental Income: $4308

Traditional Rental Income: $1816

Airbnb ROI: 3.17%

Traditional ROI: 0.74%

210 S River Glen Dr

Morganton, NC

3 beds | 3 baths | 2,407 sq.ft.

$430,000

Airbnb cash on cash: 6.95%

Traditional cash on cash: 3.49%

Airbnb Rental Income: $4586

Traditional Rental Income: $2236

Airbnb ROI: 6.95%

Traditional ROI: 3.49%

1726 Waterford Way

Morganton, NC

3 beds | 4 baths | 2,706 sq.ft.

$659,000

Airbnb cash on cash: 4.28%

Traditional cash on cash: 2.65%

Airbnb Rental Income: $4586

Traditional Rental Income: $2635

Airbnb ROI: 4.28%

Traditional ROI: 2.65%

135 Hilltop Street

Morganton, NC

3 beds | 2 baths | 2,424 sq.ft.

$829,000

Airbnb cash on cash: 2.75%

Traditional cash on cash: 0.77%

Airbnb Rental Income: $4586

Traditional Rental Income: $2101

Airbnb ROI: 2.75%

Traditional ROI: 0.77%

118 W Union Street A

Morganton, NC

2 beds | 2 baths | 1,420 sq.ft.

$710,000

Airbnb cash on cash: 2.14%

Traditional cash on cash: 0.48%

Airbnb Rental Income: $3492

Traditional Rental Income: $1623

Airbnb ROI: 2.14%

Traditional ROI: 0.48%

2937 Frank Whisnant Road

Morganton, NC

3 beds | 2 baths | 1,500 sq.ft.

$369,900

Airbnb cash on cash: 9.17%

Traditional cash on cash: 3.89%

Airbnb Rental Income: $4586

Traditional Rental Income: $1800

Airbnb ROI: 9.17%

Traditional ROI: 3.89%

1060 Hawksbill Drive

Morganton, NC

3 beds | 2 baths | 1,935 sq.ft.

$490,000

Airbnb cash on cash: 6.69%

Traditional cash on cash: 3.34%

Airbnb Rental Income: $4586

Traditional Rental Income: $2100

Airbnb ROI: 6.69%