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$1,475,000

Mount Airy, NC 27030
Listed by Jamie Purvis · RE/MAX Executive
Bedrooms
N/A
Bathrooms
N/A
Living area
8,540 sqft
Year built
1936

About this home

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 tenant 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.

Property details

MLS #
CAR4385158
Property type
Apartment
Subdivision
N/A
Status
Active
Days on market
1
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Bruce H. Tharrington Primary
0.31 mi away · Grades -1-2
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
365
Student:teacher ratio
12.2:1
District
Mount Airy City Schools
Middle
Mount Airy Middle
0.55 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
421
Student:teacher ratio
15.0:1
District
Mount Airy City Schools
High
Mount Airy High
1.48 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
2.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
581
Student:teacher ratio
18.7:1
District
Mount Airy City Schools

Mortgage calculator

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Est. monthly payment
$9,033/mo
$295,000 down
$1,180,000 loan
Principal & interest$7,653
Property tax (est.)$1,229
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 28, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.