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Historic Brick Apartment Building
For Sale
$995,000

915 Raleigh Rd Parkway W, Wilson, NC 27896

Commercial Sale, Wilson, NC

Property Size13,650 SF
Lot Size1.00 Acre
Price / SF$72.89
Days on Market18

Property Features for 915 Raleigh Rd Parkway W

General Information

Property type Commercial Sale
Property subtype Other
Zoning C
Directions Directly on US264, just West of Ward Blvd Rt 42
Special listing conditions Auction
Standard status Active
APN 3712438630.000
Size 13,650 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2026
Tax Description L25 PINE FRST APT 1.00LT
Legal Description L25 PINE FRST APT 1.00LT

Amenities

on-site coin-operated laundry

Building Details

Year built 1933
Listing Agency: Tranzon Key
Listed By: Linda Terry · License #211005
Added: Aug 6 Changed: Aug 19 Last Checked: Aug 23 at 10:06PM
MLS# 100594412

Copyright © 2026 Hive 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.

Built in 1933, this 13-unit apartment property occupies approximately 13,650 square feet on 1 acre. The unit mix includes seven two-bedroom apartments, five one-bedroom apartments, and one studio. Solid masonry construction incorporates 2-foot-thick brick walls, steel I-beam framing, concrete floors, 9-foot ceilings, and a combination of hardwood and marble flooring. A dimensional shingle roof was installed in 2021.

Property systems include a commercial Peerless boiler, commercial natural gas hot water service, conduit-installed electrical wiring, and hardwired smoke and fire detection with battery backup. An on-site coin-operated laundry room has room for expansion. Tenants pay electricity and internet, while ownership pays heat, water and sewer, trash service, and lawn maintenance.

The property is near Barton College, schools, shopping, and medical facilities, with access to I-95, US-264, and I-795. The building also includes one vacant apartment and distinctive floor plans throughout.

Key Highlights

  • 13‑unit apartment building with 7 two‑bedroom units, 5 one‑bedroom units, and 1 studio
  • Approximately 13,650 square feet on 1 acre
  • Built in 1933 with 2‑foot‑thick brick walls, steel I‑beam framing, and concrete floors

Property Analytics

Current Use

EasyQuotes4You Insurance Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Building Supply Skin Care Clinic

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

13
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

547
Businesses Nearby

Demographics for 27896, NC

20,683
Population
8,496
Households
2.4
Avg Household Size
42
Median Age
34%
College-Educated
91%
High-School Grad
35.2 sq mi
ZIP Area
588
Density / Sq Mi
$67,893
Median Household Income
$44,339
Median Earnings
$1,093
Median Rent
$213,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Masonry construction, on-site laundry, and proximity to Barton College support multifamily operations.
Where is this apartment building located?
The property is located at 915 Raleigh Rd Parkway W Wilson, NC.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 13‑unit apartment building with 7 two‑bedroom units, 5 one‑bedroom units, and 1 studio; Approximately 13,650 square feet on 1 acre; Built in 1933 with 2‑foot‑thick brick walls, steel I‑beam framing, and concrete floors
More about this property
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