Newly created parking lotNewer metal roofBathroom renovationsUpdated kitchen cabinets
Strong investment opportunity with significant recent capital improvements already completed! This well-maintained 13-unit apartment building features an attractive unit mix of seven 2-bedroom units, two 1-bedroom units, and four studio apartments, offering broad rental appeal and strong rental potential. Current ownership has invested approximately $325,000 in upgrades and improvements, including updated kitchen cabinets, bathroom renovations, and windows. Newer metal roof, and a newly created parking lot. With major improvements already in place, and conveniently located, this turnkey property is ideal for investors seeking strong rental potential and minimal deferred maintenance. Whether you’re a seasoned investor looking to expand your portfolio or a first-time buyer entering the multifamily market, this move-in-ready building checks every box.
87 days
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93
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2
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Zillow last checked:
Listing updated:
Listed by:
Jamie Purvis704-707-6268,
RE/MAX Executive
Source: Triad MLS,MLS#: 1221880
Facts & features
Interior
Heating
Baseboard, Electric
Cooling
Window Unit(s)
Appliances
Included: Electric Water Heater
Features
Has basement: Yes
Has fireplace: No
Property
Parking
Parking features: Deck
Features
Pool features: None
Lot
Dimensions: 124 x 100 x 165 x 100
Details
Parcel number: 502016925721
Zoning: B2
Special conditions: Owner Sale
Construction
Type & style
Home type: MultiFamily
Property subtype: Apartment, Multi Family
Condition
Year built: 1936
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
HOA
Has HOA: No
Location
Region: Mount Airy
Financial & listing details
Tax assessed value: $316,640
Annual tax amount: $2,630
Date on market: 5/27/2026
Listing agreement: Exclusive Right To Sell
Estimated market value
Zestimate®
$1,391,600
Estimated sales range
$1.32M - $1.46M
Rent Zestimate®
$1,287/mo
Price history
Date
Event
Price
5/27/2026
Listed for sale
$1,475,000+126.9%
Source: Canopy MLS as distributed by MLS GRID #4385158Report a problem