Duplex at 924 Merritt Drive, Greensboro NC 27407
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48 photos

$399,000

924 Merritt Drive, Greensboro NC 27407
Greensboro, NC 27407
Listed by Milly Khowala
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1904

About this home

INVESTMENT OPPORTUNITY! Income-producing property at 924 Merritt, built in 1904 and currently FULLY OCCUPIED, offering immediate rental income from day one. Property features 2 units with high existing rental income. The back unit currently rents for $850/month. The front portion generates rental income of $650 + $650 + $500 + $500 + $550/month, with utilities included (average utilities approximately $300/month). Front unit has been FULLY RENOVATED with new flooring, fresh paint, updated bathrooms, and new appliances—excellent opportunity for investors looking for an occupied property with established cash flow and recent improvements. You can purchase it together with nearby 918 Merritt for a unique multi-property investment opportunity. Contact the listing agent for additional details, rent information, and showing instructions. Please do not disturb tenants.

Property details

MLS
Triad MLS
MLS #
1240111
Property type
Duplex
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
October 26, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Hunter Elementary
0.45 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
495
Student:teacher ratio
13.0:1
District
Guilford County Schools
Middle
Jackson Middle
1.73 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
436
Student:teacher ratio
15.6:1
District
Guilford County Schools
High
Academy at Smith
1.46 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
196
Student:teacher ratio
9.3:1
District
Guilford County Schools

Walkability

Blended score for Greensboro's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

41
Somewhat walkable
out of 100
EPA National Walkability Index
8.2 / 20 -- Below average walkable

Market position

How this listing compares to current activity in Greensboro, from live MLS data.

On the market 0 days -- 111 fewer days than Greensboro's current average of 111 days.
For reference, the median list price across 1,703 active listings in Greensboro right now is $278,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$2,553/mo
$79,800 down
$319,200 loan
Principal & interest$2,070
Property tax (est.)$333
Home insurance (est.)$150

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Data source: Listing information provided by Triad MLS via Trestle/CoreLogic. Last updated 1 days ago.

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.