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Four-Unit Multifamily Property

1230 Ridge Ave, Eden, NC 27288

For Sale
$224,900

Three apartments have one-bedroom layouts, while the fourth unit may accommodate three bedrooms or business and retail use.

Property SizeContact for details
Days on Market98

Property Features for 1230 Ridge Ave

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1922
Tenancy Multi
Listing Agency: North Star Realty
Listed By: Boyd Higgs · License NC #170285
Source: Vickiegallimore
Added: Aug 8 Changed: Oct 26 Last Checked: Oct 7 at 4:52PM

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 North Star Realty

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Investment Insights

Based on property information with market context.

This quadplex includes three one-bedroom units and a fourth unit that may be configured as a three-bedroom residence or used for business or retail purposes. The property is occupied by tenants on month-to-month agreements.

Located at 1230 Ridge Ave in Eden, NC, the asset offers a four-unit multifamily configuration with a mix of residential and potential commercial space.

Key Highlights

  • Four‑unit quadplex at 1230 Ridge Ave in Eden, NC
  • Three one‑bedroom units
  • Fourth unit may accommodate three bedrooms

Property Analytics

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Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

109
Businesses Nearby

Demographics for 27288, NC

23,375
Population
11,127
Households
2.1
Avg Household Size
45
Median Age
13%
College-Educated
85%
High-School Grad
71.4 sq mi
ZIP Area
327
Density / Sq Mi
$53,081
Median Household Income
$36,743
Median Earnings
$828
Median Rent
$129,200
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

Frequently Asked Questions

What type of property is this?
Quadplex - Three apartments have one-bedroom layouts, while the fourth unit may accommodate three bedrooms or business and retail use.
Where is this quadplex located?
The property is located at 1230 Ridge Ave Eden, NC.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Four‑unit quadplex at 1230 Ridge Ave in Eden, NC; Three one‑bedroom units; Fourth unit may accommodate three bedrooms
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