Estimate anchored to current list price ($179,000) and AVM (~$177.6k), adjusted for size (788 SF), recent updates (roof 2022, HVAC 2024, kitchen & bath rehab), and local market for small single-family homes in Lenoir. No live comparable search performed.
Updated 2-Bed Bungalow — Metal Roof, New HVAC, Move-In Ready
Step inside a compact, smartly updated bungalow at 703 Stage St NW. At 788 square feet this one-story home delivers focused, efficient living with recent improvements that matter: a metal roof replaced in 2022, a new ductless heat/air system installed in 2024, updated plumbing and electrical, a fully refreshed kitchen and bath, new floors and a fresh palette inside and out. The result is a clean, comfortable house that requires minimal immediate investment.
The layout is simple and usable: two bedrooms flank a well-appointed full bath, and the living areas flow directly to the kitchen — newly renovated with quality finishes appropriate to the home’s scale. Flooring blends durable vinyl with preserved wood areas, and insulated windows help with energy efficiency. A partial basement provides useful storage that’s especially valuable in a home of this size. Outside, the sloped, low-maintenance lot (approx. 0.14 acres) and driveway parking keep upkeep easy and affordable.
Location is a practical draw: you’re a short drive or quick bike ride from downtown Lenoir’s shops, restaurants and services. Healthcare, grocery, and regional corridors (to Hickory and Morganton) are within easy reach. This property shows well as a primary residence for first-time buyers or downsizers, and it’s equally appealing to investors seeking a turnkey 2-bed rental with solid rent potential.
Given the recent capital work and move-in readiness, this bungalow offers an unusually low barrier to ownership in the Lenoir market. Schedule a showing to see the efficient layout and recent upgrades — this home can be put into service quickly either for living or leasing.
A 1950 bungalow on 0.14 acres.
Building
Site & utilities
Northwest Lenoir / near downtown
Researched nearby locations
Location
703 Stage St NW, Lenoir, NC 28645
Northwest Lenoir is an established in-town neighborhood that blends older residential character with convenient access to downtown services. Streets are lined with modest yards and mature trees; homes here attract buyers seeking walkable access to shops and practical commutes to regional employment centers in the Hickory-Lenoir corridor. The area is well-suited to first-time buyers, small families, and downsizing retirees.
Good access to regional outdoor recreation in the foothills — short drives to hiking, scenic drives and water recreation; local parks for day-to-day use.
A factual market snapshot around 703 Stage St NW.
Lenoir and Caldwell County in 2026 remain an affordability-oriented market within the Hickory-Lenoir-Morganton MSA. Median single-family sale prices in the area sit near $200k, and inventory is moderate — typically 3–4 months — which leads to steady if not frenzied activity. Small, well-renovated homes like this one perform well with first-time buyers and downsizers because recent system upgrades lower near-term maintenance expense. Average days on market across the broader area commonly falls in the 60–90 day range; this specific listing has been on the market longer than average, so aggressive pricing and targeted marketing toward local buyers and investors will help accelerate a sale. With modest 1–3% yearly upside currently and stronger multi-year appreciation (5–10% over five years), a conservative buyer should see this as a stable, affordable entry into the market.
Recorded zoning information.
Zoning
Research-indicated uses
- Single Family Residential (Typical For In Town Lot)
- Accessory Uses Subject To Local Ordinance (Sheds, Small Accessory Buildings)
- Potential For Owner Occupant Or Small Rental Unit
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
What the research supports — and what is still worth verifying.
Key findings
- 788 SF single-story bungalow built in 1950 with 2 beds / 1 bath.
- Lot ~6,098 SF (0.14 ac), sloped lot.
- List price $179,000; AVM ~ $177,634; price per SF ~ $227 (as provided).
- No garage; driveway parking only.
- Multiple recent updates reduce near-term capital needs.
What stands out about this property.
Interior Features
- 2 bedrooms, 1 full bathroom
- Newly renovated kitchen with updated cabinets and appliances
- New bathroom fixtures and finishes
- Mixed vinyl and wood flooring throughout
- Insulated windows
- Laundry on main level (in kitchen)
Exterior & Lot
- Metal roof replaced in 2022
- Driveway parking (no garage)
- Partial basement for storage
- Sloped 0.14-acre lot, low maintenance landscaping
Location & Neighborhood
- Minutes to downtown Lenoir retail and dining
- Short drive to Caldwell Memorial Hospital
- Quick access to regional corridors toward Hickory and Morganton
- Established residential block with mature trees
Walkability & Recreation
- Walkability Rating: 55/100
- Nearby parks and community amenities within a few minutes' drive
- Close to foothills outdoor destinations for hiking and weekend recreation
Sources & research confidence.
See where the property research came from and how confidence varies by field.