Sold for $1,300,000

$1,300,000

1722 Brice St, Greensboro, NC 27403

24beds

11,520sqft

Apartment, Multi Family

Built in 1990

-- sqft lot

$-- Zestimate^®

$113/sqft

$1,170 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,170/mo

Zestimate^® history

Owner options

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$1,170/mo

Rent Zestimate^®

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$7,853/mo

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$7,853/mo

Est. payment

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What's special

This 12-unit, 24-bedroom property is located within walking distance to the University of North Carolina at Greensboro and within minutes of multiple retail, dining, entertainment and employment centers. The property features identical two-bedroom and two-bathroom units that were last renovated in 2017. Ownership just completed an operational conversion from by-the-bed leases, to by-the-unit leases. The property is now 100% leased with an average rent of $1,125 per unit. With units now leased by-the-unit, a buyer will benefit from simplified operations on a go-forward basis and has the opportunity to push rents and capture utility income next summer. The offering represents a great opportunity to acquire a stabilized asset, with income upside, in one of North Carolina's growing markets.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 24
Bathrooms: 24
Full bathrooms: 24

Heating

Central, Heat Pump

Cooling

Central Air

Features

Flooring: Concrete, Vinyl, Plank

Interior area

Total structure area: 11,520
Total interior livable area: 11,520 sqft
Finished area above ground: 11,520
Finished area below ground: 0

Property

Parking

Total spaces: 20
Parking features: Off Street
Uncovered spaces: 20

Features

Levels: Two
Stories: 2
Has view: Yes

Lot

Size: 1.21 Acres

Details

Parcel number: 7854744586
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment, Multi Family

Materials

Vinyl Siding
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 1990

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Not in a Subdivision

HOA

Has HOA: No

Location

Region: Greensboro

Financial & listing details

Price per square foot: $113/sqft
Tax assessed value: $1,410,500
Annual tax amount: $10,654
Date on market: 9/16/2025
Lease term: 12 Months

Price history

Date	Event	Price
11/19/2025	Sold	$1,300,000-2.6%$113/sqft
Source: Doorify MLS #10122059 Report a problem
9/23/2025	Pending sale	$1,335,000$116/sqft
Source: Doorify MLS #10122059 Report a problem
9/16/2025	Listed for sale	$1,335,000$116/sqft
Source: Doorify MLS #10122059 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,655	$759,420
2024	$10,655 -35.2%	$759,420 -35.2%
2023	$16,448 +2.9%	$1,172,357
2022	$15,979 +36.5%	$1,172,357 +39.5%
2021	$11,703 +2.2%	$840,100
2018	$11,451 +3.7%	$840,100
2017	$11,043	$840,100 +4.8%
2016	$11,043	$801,700
2015	$11,043 -1.8%	$801,700
2014	$11,244	$801,700
2013	--	$801,700
2012	--	$801,700 +15.2%
2011	--	$695,800
2010	--	$695,800