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    Cleveland, NC Gold Hill, NC Spencer, NC Brevard, NC East Spencer, NC Kinston, NC Granite Quarry, NC Monroe, NC
    Multifamily Apartment Community
    Updated: Apr 12
    Multifamily Apartment Community

    304 Mahaley Avenue, Salisbury, NC 28144

    Contact for pricing
    2.60 AC lot
    41‑unit class B apartment community in Salisbury, NC across three separate buildings on approx. 2.6 acres
    Unit mix includes 20 one‑bed, 13 two‑bed, and 8 three‑bed apartments
    Major renovation underway: 32 of 41 units have complete rehab; only 3 units left to be completed
    Renovation features include remodeled kitchens, repainted walls, ceiling fans, and replaced appliances in the front two buildings
    Laundry facility rehabbed with free washers and dryers; onsite office added and security cameras installed
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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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Salisbury, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Kannapolis Townhome Community For Sale
    Kannapolis Townhome Community For Sale

    1422 Nottingham Rd, Kannapolis, NC 28081

    Contact for pricing
    21,816 sqft 2.22 AC lot

    24-unit townhome community with income potential in Kannapolis, NC.

    View details
    40-Unit Apartment Community
    40-Unit Apartment Community

    701 Rain Pl Ct, Kannapolis, NC 28081

    Contact for pricing

    Built in 2001, Ashford Place offers 40 two-bedroom, one-bath units with recent exterior replacements.

    View details
    55-Unit Apartment Community
    55-Unit Apartment Community

    3146 Baroda Ln, Charlotte, NC 28269

    Contact for pricing

    1998/1999-vintage 55-unit apartment community located in Charlotte’s University submarket.

    View details
    Garden-Style Multifamily Community
    Garden-Style Multifamily Community

    9517 Newell Hickory Grove Rd, Charlotte, NC 28215

    Contact for pricing

    29-unit garden-style apartment community built in 1989, with exterior upgrades and most deferred work completed.

    View details

    Off-Market Properties in Salisbury, NC

    Consider similar Off-Market properties in Salisbury, 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.

    121 Council St
    APARTMENT HOUSE (UNDER 5 UNITS)

    121 Council St, Salisbury, NC 28144-4377

    $825,000
    Estimated value
    13,416 sqft 0.13 AC lot
    View details

    Salisbury, NC Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Salisbury, NC on our real estate platform.

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    Demographics Overview

    Population 84K
    Population Growth (5Y) +8.3%
    Median Household Income $59,820
    College Educated 23.8%

    Taxes & Financing

    Tax Rate (average for all types) 1.03%
    Property Tax per SF $19.68 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rowan County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Salisbury fall within the 100,000+ square foot range.

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