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Elkin, NC Apartment Buildings for Sale

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Jonesville, NC Traphill, NC State Road, NC Ronda, NC Roaring River, NC Hamptonville, NC Boonville, NC North Wilkesboro, NC
15-Unit Apartment Complex
Updated: Aug 18
15-Unit Apartment Complex

Wilkes Street, Elkin, NC 28621

$1,800,000
13.23 AC lot
15 apartment units on 13.23 +/- acres
100% occupancy across the complex
Two‑bedroom, 1.5‑bath layouts in each unit
Brick construction with a roof installed in 2019
Individual HVAC systems and appliances included
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15-Unit Apartment Complex
Updated: Aug 4
15-Unit Apartment Complex

000 Wilkes St, Elkin, NC 28621

$1,800,000
13.23 AC lot
15‑unit apartment complex situated on 13.23 +/- acres
100% occupancy across the property
Every unit includes 2 bedrooms and 1.5 baths
Brick construction with a roof installed in 2019
Individual HVAC systems and appliances included in units
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Elkin, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

13-Unit Apartment Building
13-Unit Apartment Building

1007 S Main St, Mount Airy, NC 27030

$1,475,000
8,540 sqft

Recent renovations include kitchens, bathrooms, windows, and a newer metal roof.

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Turnkey Six-Unit Apartment Building
Turnkey Six-Unit Apartment Building

517 Willow St, Mount Airy, NC 27030

$750,000
4,036 sqft

Fully renovated six-unit building with one-bedroom, one-bath layouts and recent roof and window replacements.

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Glade Valley Commercial Property
Glade Valley Commercial Property

18, 40, 90 Glade Valley Church Rd, Glade Valley, NC 28627

$1,149,000
10,390 sqft

Commercial property with 14 rental units and US Post Office.

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Five-Building Apartment Portfolio
Five-Building Apartment Portfolio

18,40,90 & 226, 236 Glade Valley Church & Triad, Glade Valley, NC 28627

$1,149,000
3.71 AC lot

Occupied rental property includes residential apartments, a post office, and additional storage space.

View details

Off-Market Properties in Elkin, NC

Consider similar Off-Market properties in Elkin, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2020 Brg St
GARDEN APT, COURT APT (5+ UNITS)

2020 Brg St, Elkin, NC 28621-2108

Estimated value:
$375,000
4,842 sqft 1.80 AC lot
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130 Hl St
GARDEN APT, COURT APT (5+ UNITS)

130 Hl St, Elkin, NC 28621-2416

Estimated value:
$415,000
4,977 sqft 3.10 AC lot
View details
250 Lyles St
GARDEN APT, COURT APT (5+ UNITS)

250 Lyles St, Elkin, NC 28621-2239

Estimated value:
$705,000
4,120 sqft 10.61 AC lot
View details
645 Elk Spur St
GARDEN APT, COURT APT (5+ UNITS)

645 Elk Spur St, Elkin, NC 28621-3252

Estimated value:
$305,000
3,480 sqft 0.46 AC lot
View details

Elkin, NC Apartment Buildings Market Trends and Statistics

Explore 6 apartment buildings for sale in Elkin, NC on our real estate platform.

Sale prices for two-family homes in Elkin, NC average $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 9,977
Population Growth (5Y) -5.0%
Median Household Income $54,481
College Educated 23.2%

High-Yield Neighborhoods for Investment

Identify Elkin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
28621 $1.8M

Taxes & Financing

Tax Rate (average for all types) 0.83%
Property Tax per SF $12.89 per SF
Tax Rate vs County Average 0.12 pp above county avg
Average Loan-to-Value 65.0%

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