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    920 Highland Ave Greensboro, NC 27403

    New
    Pending
    For Sale
    $1,390,000

    MULTI_FAMILY - Greensboro, NC

    Type:Apartment
    Property size:
    10,860 SF
    Lot size:
    0.84 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 920 Highland Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Apartment
    TransactionType
    Standard
    Standard status
    Pending
    Zoning
    [
    Rooms
    Bedroom 17, Bedroom 13, Bedroom 3, Bedroom 22, Bathroom 12, Bathroom 13, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 9, Bathroom 14, Bathroom 3, Bathroom 5, Bedroom 23, Bedroom 11, Bedroom 20, Bedroom 24, Bedroom 18, Bedroom 21, Bathroom 1, Bathroom 16, Bathroom 22, Bathroom 17, Bedroom 1, Bathroom 20, Bathroom 18, Bathroom 24, Bedroom 15, Bedroom 8, Bathroom 9, Bathroom 7, Bathroom 21, Bathroom 8, Bathroom 10, Bedroom 7, Bathroom 23, Bathroom 15, Bedroom 10, Bedroom 19, Bedroom 5, Bedroom 16, Bedroom 6, Bathroom 19, Bathroom 11, Bedroom 4, Bathroom 6, Bedroom 12, Bedroom 14
    Bedrooms
    24
    Bathrooms
    24
    APN
    0006023
    Parking features
    Off Street
    Size
    10,860 SF
    Lot size
    0.84 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Heat Pump (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1991
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Vinyl, Carpet, Concrete
    Building materials
    Vinyl Siding
    Roof type
    Shingle, Asphalt

    Deaton Investment Real Estate (919) 847-1117 [email protected]

    Listing agent Thomas Furlow (919) 412-3913

    Listing date Dec 5, 2025

    MLS# 10135461 Listing URL

    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

    Greensboro Multifamily Property Near UNCG

    Located in Greensboro, this 12-unit property features 24 beds and 24 baths. Situated on a quiet street across from a public park, it is near the University of North Carolina at Greensboro, less than one mile from the center of campus and within three blocks of the wellness center, retail, and dining at UNCG's Spartan Village and South Campus. The property includes identical 2-bed and 2-bath units with large patios or porches. Renovated in 2017, recent improvements include cosmetic interior updates and renovations to nine units, landscaping enhancements, and the addition of an exterior owner/manager storage area. Property operations were converted from by-the-bed leases to by-the-unit leases for nine of the units. The property is 92% leased with an average rent of $1,158 per unit. The current owner pays $29 per unit per month for cable and internet, with an amenity charge of $50 per unit being phased in on new leases to offset this expense. Residents can also rent a washer and dryer for $50 per month. The owner is working to have submeters installed for water bill back. The lot size is 0.84 acres and the property size is 10860 square feet. The property has polybutelene plumbing.
    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 Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.808338
    Latitude
    36.059297

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    FAQs

    What type of property is this?
    Apartment building - 12-unit property near UNCG with income upside.
    Where is this apartment building located?
    The property is located at 920 Highland Ave Greensboro, NC.
    What is the asking price?
    The asking price for this property is $1,390,000.
    What are key features of this property?
    This property features: - Stabilized asset with 92% occupancy and income upside in a growing Greensboro market.; - Simplified operations with by-the-unit leases for nine units, offering potential for rent increases and utility income capture.; - Prime location near UNCG, close to campus, wellness center, and Spartan Village/South Campus retail and dining.
    (919) 412-3913
    Request Owner's contact information
    920 Highland Ave Greensboro, NC 27403
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    Greensboro, NC 27403
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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
    920 Highland Ave Greensboro, NC 27403
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