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15-Unit Apartment Complex
For Sale
$1,800,000
Pending

000 Wilkes St, Elkin, NC 28621

Fully occupied community with updated two-bedroom layouts, brick construction, and municipal water and sewer.

Property SizeContact for details
Lot Size13.23 Acres
Days on Market18

Property Features for 000 Wilkes St

General Information

Standard status Pending
Lot size 13.23 Acres
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 15 x 2BR/1.5BA
Multifamily Units 15

Additional Details

Utilities to Site Yes

Amenities

appliances
HVAC

Building Details

Year Built 1976
Construction brick
Listing Agency: Ward & Ward Properties, LLC
Listed By: Tyler Ward
Source: Searchhomesinthetriad
Added: Aug 14 Changed: Aug 31 Last Checked: Aug 31 at 4:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ward & Ward Properties, LLC

Investment Insights

Based on property information with market context.

This apartment complex contains 15 units across 13.23 +/- acres, with each residence configured as two bedrooms and 1.5 baths. The brick-built property dates to 1976 and has been maintained with unit updates, individual HVAC systems, and included appliances. A roof replacement was completed in 2019, and on-site parking serves the residents.

The property lies within Elkin city limits and is connected to city water and city sewer. The complex is identified by multiple Wilkes St addresses, including 202, 208, 210, 305, and 325 Wilkes St. Current occupancy is 100%.

Key Highlights

  • 15‑unit apartment complex situated on 13.23 +/- acres
  • 100% occupancy across the property
  • Every unit includes 2 bedrooms and 1.5 baths

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Restaurant Spa & Massage Center Electrical 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

15
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby

Demographics for 28621, NC

9,952
Population
4,864
Households
2
Avg Household Size
45
Median Age
19%
College-Educated
83%
High-School Grad
67.7 sq mi
ZIP Area
147
Density / Sq Mi
$54,481
Median Household Income
$34,706
Median Earnings
$764
Median Rent
$147,500
Median Home Value

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 - Fully occupied community with updated two-bedroom layouts, brick construction, and municipal water and sewer.
Where is this apartment building located?
The property is located at 000 Wilkes St Elkin, NC.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 15‑unit apartment complex situated on 13.23 +/- acres; 100% occupancy across the property; Every unit includes 2 bedrooms and 1.5 baths
More about this property
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