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Triplex with Detached Guest House
For Sale
$550,000

1224 W Market Street, Greensboro, NC 27403

A separate lower-level apartment and a detached guest house add distinct living areas to this 1929 brick property.

Property SizeContact for details
Days on Market8

Property Features for 1224 W Market Street

General Information

Standard status Active
Property subtype Triplex

Amenities

fireplace
built-ins
sunroom
hardwood floors
arched doorways
LVP flooring

Building Details

Year Built 1929
Buildings 2
Construction brick
Listing Agency: Carolina Home Partners by eXp Realty
Listed By: Thomas Hyde
Source: Stanleykelleher.kw
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 28 at 4:42AM

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 Carolina Home Partners by eXp Realty

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Investment Insights

Based on property information with market context.

Built in 1929, this brick triplex includes a main house, a two-bedroom lower-level apartment with a private entrance, and a detached guest house. The apartment has a kitchen, laundry, and LVP flooring. The main residence features hardwood floors, a fireplace with built-ins, a sunroom, and a dining room. A circle drive and off-street parking serve the corner-lot property.

Across from UNCG, the property is also minutes from downtown Greensboro. The detached guest house has been opened to its framing; roof repairs and plumbing rough-in have been completed, leaving the interior unfinished.

Key Highlights

  • Three living spaces: main house, lower‑level apartment, and detached guest house
  • 1929 brick property on a corner lot across from UNCG
  • Lower‑level apartment has two bedrooms, a private entrance, kitchen, and laundry

Property Analytics

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Location Intelligence

Trade Area within ½ mile

743
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - A separate lower-level apartment and a detached guest house add distinct living areas to this 1929 brick property.
Where is this triplex located?
The property is located at 1224 W Market Street Greensboro, NC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three living spaces: main house, lower‑level apartment, and detached guest house; 1929 brick property on a corner lot across from UNCG; Lower‑level apartment has two bedrooms, a private entrance, kitchen, and laundry
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