Listing provided courtesy of Realty One Group Results GreensboroMLS# 1220578MLS Provider
  • 38 days on site
  • 1 views

Excellent opportunity featuring an 8-unit complex conveniently located near downtown shopping, dining, & local amenities. Each spacious unit features 2 bedrooms, 1 full bath, a kitchen with breakfast area, separate dining room, and a generously sized living room. All units include a refrigerator & free-standing range/oven, & each apartment has its own individual heat pump. Some units have been updated with durable LVP flooring, while others still maintain carpeted areas, offering future value-add potential. Designated parking spaces along with additional street parking for tenants and guests. The property has a strong rental history with most tenants being long-term. Current rental rates range $625 to $950 per month, presenting an excellent opportunity for increased cash flow with future rent adjustments. Whether you are looking to expand your portfolio or purchase your first multifamily investment, this property offers stability, convenience, and upside potential.

Source: Triad MLS, MLS#: 1220578

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  • Property Type
    Residential Income
  • Lot
    0.44 acres

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Julie Brigman

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  • Median Age
    46
  • Population Density
    150
  • College Educated
    28%
  • Estimated Median Income
    $45,955
  • Estimated Total Home Owners
    11,641
  • Estimated Total Renters
    4,854
  • Owner / Renter Divide
    71% / 29%
  • Estimated Average Household Size
    2
  • Total Population
    38,318
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
6/26/2026Source: Triad MLS Status Change
Due Diligence Period
5/22/2026Source: Triad MLS Added to Database
May 22, 2026
1/2/2026Source: Triad MLS Status Change
Closed
8/29/2022Source: Triad MLS Added to Database
August 29, 2022