$179,000
703 Stage St NW, Lenoir, NC 28645
Updated 2-Bed Bungalow — Metal Roof, New HVAC, Move-In Ready
2 Bed · 1 Bath · 788 Sq Ft
Charming updated bungalow minutes from downtown Lenoir
2
Beds
1
Baths
788
Sq Ft
1950
Built
0.14 acres
Lot
No garage — driveway parking
Garage
About 703 Stage St NW
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.
Home Highlights
Property Features
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
Neighborhood & Location
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.
Market Insights
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.
Nearby Schools
Lenoir Elementary School
Elementary · 1.0 mi
Gamewell Middle School
Middle · 2.0 mi
Hibriten High School
High · 6.0 mi
Walkability & Recreation
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.
Investment Highlights
- Recent major system upgrades: metal roof (2022) and ductless HVAC (2024).
- Turnkey condition — new kitchen, new bath, new flooring and paint throughout.
- Compact, low-maintenance lot close to downtown Lenoir and local services.
- Partial basement for storage (uncommon on small bungalows).
- Attractive list price relative to local AVM and recent renovations.
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.
Things to Consider
- Small overall living area (788 SF) limits appeal to larger households.
- Single bathroom reduces suitability for families and may impact resale speed.
- Days on market are elevated (211 DOM) — pricing and marketing should be monitored.
- Zoning specifics and tax/assessed values not verified here.
Opportunity Analysis
Buy as an affordable owner-occupied home or a turnkey, small-footprint rental. Recent upgrades reduce immediate capex, making the property attractive to buyers needing convenience and investors seeking steady cashflow at modest entry price.
Potential Use Scenarios
- Market to first-time buyers and downsizers emphasizing low maintenance and updated systems.
- Target local investors or buy-and-hold landlords with conservative rent projections.
- If flipping, minimal cosmetic staging should yield good buyer response — keep price competitive to address current DOM.
Risk Factors
- Liquidity risk for sub-800 SF homes in slower months.
- Single-bath layout limits buyer pool.
- Verify structural, mechanical details despite recent upgrades.
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$165K
Midpoint
$178K
High
$190K
$226.85/SF estimated price per square foot
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.
As of 2026-03-11
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Lenoir has seen modest population and income growth typical for foothills communities; affordability attracts first-time buyers and retirees.
Nearby Points of Interest
- Downtown Lenoir (0.5–1.0 mi)
- Caldwell Memorial Hospital (2-3 mi)
Property sits in a mature, in-town neighborhood within easy reach of downtown Lenoir shops and services, local parks, and regional highways that connect to Hickory and Morganton.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
Sale History
Are You the Listing Agent?
Claim this property page to feature your contact info, photos, and list price.
Claim This Listing — $49One-time fee. Your info appears on this page across CompCasa.
Request a Showing
Connect with a licensed local agent in this area.
Request a ShowingAre you a buyer's agent?
Claim ZIP 28645 — $49/yrProperty details may be compiled from public records, MLS-derived data, and automated analysis. Agent claim indicates the agent has claimed this profile or confirmed representation of the property; it does not mean the agent has verified all property details.