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Four-Unit Quadplex with New Roof
For Sale
$254,900

510 Piedmont Street, Reidsville, NC 27320

MULTI_FAMILY - Other - Reidsville, NC

Property Size3,184 SF
Lot Size0.36 Acres
Price / SF$80.06
Days on Market797

Property Features for 510 Piedmont Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 4, Bathroom 1, Bedroom 1, Kitchen, Bathroom 3, Bedroom 2
Parking 2
Subdivision Not in a Subdivision
Elementary school Rockingham County Schools
Middle school Rockingham County Schools
High school Rockingham County Schools
Standard status Active
APN 149854
Size 3,184 SF
Lot size 0.36 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description 0.36 Ac Lt Gerald D Hill Survey
Tax Annual Amount 947
Legal Description 0.36 Ac Lt Gerald D Hill Survey

Utilities

Sewer type Public Sewer
Heating system Baseboard
Cooling system Window Unit(s), Electric
Water source Public

Building Details

Year built 1937
Floors in Building 2
Flooring type Carpet, Vinyl, Hardwood
Building materials Frame, Vinyl Siding
Roof type Shingle
Architectural style Other
Listing Agency: Coldwell Banker HPW · Coldwell Banker Real Estate
Listed By: Bryan Guarnieri · License #299470
Added: Jun 6, 2024 Changed: Aug 1 Last Checked: Aug 11 at 9:06PM
MLS# 10034000

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit quadplex includes four separately metered units, each rented to its own tenant. The home is heated with baseboard and cooled with window unit(s) and electric systems. Interior finishes include carpet, vinyl, and hardwood flooring. The roof is described as newly installed within the past year, and new vinyl siding was installed in early 2025.

Constructed in 1937, the property sits on a 0.36-acre lot with public water service and public sewer. The listing notes existing lease coverage for two of the units: Unit 3’s lease expires 10/31/2025 and Unit 4’s lease expires 2/2026. For showings, the listing indicates buyers will need an LOI/POF and should allow advance notice.

The configuration supports multiple renting scenarios given the separate metering, while also allowing for the possibility of conversion back to a single-family home if desired, per the listing description.

Key Highlights

  • Four separately metered units, each rented to separate tenants
  • New roof installed within the past year
  • New vinyl siding installed in early 2025

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Dental Office Storage Facility (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

777
Businesses Nearby

Demographics for 27320, NC

37,843
Population
17,876
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
244.9 sq mi
ZIP Area
155
Density / Sq Mi
$55,491
Median Household Income
$37,258
Median Earnings
$776
Median Rent
$170,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit quadplex on public water and sewer with new roof and recent vinyl siding, currently rented to separate tenants.
Where is this quadplex located?
The property is located at 510 Piedmont Street Reidsville, NC.
What is the asking price?
The asking price for this property is $254,900.
What are key features of this property?
This property features: Four separately metered units, each rented to separate tenants; New roof installed within the past year; New vinyl siding installed in early 2025
More about this property
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