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    3425 Martin Ave Greensboro, NC 27405

    For Sale
    $400,000

    MULTI_FAMILY - Greensboro, NC

    Property size:
    3,790 SF
    Lot size:
    0.61 Acres
    Days on Market:
    21
    Last Refresh:
    Dec 14 at 10:06 pm

    Property Features for 3425 Martin Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    RM-12
    APN
    0046755
    Parking
    5
    Size
    3,790 SF
    Lot size
    0.61 Acres

    Building Details

    Year built
    1962
    Floors in Building
    1
    Building materials
    Block, Brick

    Keller Williams Realty (336) 263-6681 [email protected]

    Listing agent Roger Abbott (336) 264-3204

    Listing date Nov 24, 2025

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Property in Greensboro, NC

    This multifamily property in Greensboro, North Carolina, features a total of 5 units. Two units are currently leased month-to-month at $950 per month. The remaining three units are vacant and have been updated with new flooring, windows, and paint. Tenants are responsible for their electric bills, which are individually metered. The owner covers the costs of water, sewer, and trash services. The owner has indicated that no T-12 or rent rolls are available. The market rent is conservatively estimated at $1045 per month for each unit. The property is located on a 0.61-acre lot. The property size is 3790 square feet. The zoning is RM-12.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.759885
    Latitude
    36.123823

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    FAQs

    What type of property is this?
    Apartment building - Distressed multifamily property with value-add potential in Greensboro, NC.
    Where is this apartment building located?
    The property is located at 3425 Martin Ave Greensboro, NC.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Value-add opportunity with **3 vacant, updated units ready for immediate rental income.**; - Potential for increased rental income; market rent conservatively estimated at $1045 per unit.; - Two units currently leased, providing immediate cash flow.
    (336) 264-3204
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    Greensboro, NC 27405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3425 Martin Ave Greensboro, NC 27405
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