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9-Unit Condominium Apartment Complex
For Sale
$1,900,000

517 519 521 Tate Street, Greensboro, NC 27403

Residential Income, Greensboro, NC

Property Size1,091 SF
Lot Size0.54 Acres
Price / SF$1,741
Days on Market51

Property Features for 517 519 521 Tate Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM-26
Parking 18
Directions From W Gate City Blvd, left on Tate St., Complex is on your right. From W Market, right on Tate St., Complex is on your left after Spring Garden St.
Standard status Active
Size 1,091 SF
Lot size 0.54 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description UNIT 1 CPB3-9 CHANCELLORS C PL:3-9
Tax Annual Amount 19672
Legal Description UNIT 1 CPB3-9 CHANCELLORS C PL:3-9

Amenities

private parking
washer/dryer
private patio

Building Details

Year built 1984
Floors in Building 2
Number of units 9
Architectural style Other
Listing Agency: Tyler Redhead & McAlister Real Estate, LLC
Listed By: Helen Richardson
Added: Aug 3 Changed: Sep 22 Last Checked: Sep 22 at 11:06PM
MLS# 1229771

Copyright © 2026 Triad Multiple Listing Service. 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.

Chancellor's Court is a 9-unit condominium apartment complex arranged across three buildings at 517, 519, and 521 Tate Street in Greensboro. Each residence measures approximately 1,090 square feet and includes two bedrooms, 2.5 baths, spacious living areas, a private patio, and washer/dryer equipment. Two parking spaces are assigned to each unit. Most residences have received updates including flooring, countertops, and fresh paint. The property was built in 1984 and is zoned RM-26.

The complex is within walking distance of UNCG, restaurants, shopping, and entertainment. The 0.54-acre property is offered as one package, with access to the units arranged through an agent with at least 24 hours' notice.

Key Highlights

  • 9‑unit condominium complex across three buildings
  • Each unit is approximately 1,090 square feet with 2 bedrooms and 2.5 baths
  • Two private parking spaces assigned per unit

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon Pet Store & Service Plumbing Service

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

1,243
Businesses Nearby

Demographics for 27403, NC

23,679
Population
8,671
Households
2.7
Avg Household Size
28
Median Age
48%
College-Educated
88%
High-School Grad
5.8 sq mi
ZIP Area
4,083
Density / Sq Mi
$56,722
Median Household Income
$24,843
Median Earnings
$998
Median Rent
$218,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Three-building residential complex with two-bedroom units, private patios, and dedicated parking.
Where is this apartment building located?
The property is located at 517 519 521 Tate Street Greensboro, NC.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 9‑unit condominium complex across three buildings; Each unit is approximately 1,090 square feet with 2 bedrooms and 2.5 baths; Two private parking spaces assigned per unit
More about this property
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