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Updated Four-Unit Quadplex
For Sale
$254,900

510 Piedmont Street, Reidsville, NC 27320

Fully occupied residential income property with separate utility metering for each apartment.

Property Size3,184 SF
Price / SF$80.06
Days on Market816

Property Features for 510 Piedmont Street

General Information

Standard status Active
Size 3,184 SF
Property subtype Multi Family
Occupancy 100%

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $947

Building Details

Year Built 1937
Buildings 1
Tenancy Multi
Listing Agency: Coldwell Banker HPW
Listed By: Bryan Guarnieri · License #299470
Source: Exitrealty
Added: Jun 6, 2024 Changed: Aug 30 Last Checked: Aug 30 at 2:22PM

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 Coldwell Banker HPW

Investment Insights

Based on property information with market context.

Built in 1937, this 3,184-square-foot quadplex contains four separately occupied residential units. Each apartment is individually metered, and all four units are currently rented to separate tenants. Existing lease terms include two month-to-month arrangements, one lease ending 10/31/2025, and another expiring 2/2026.

Recent exterior improvements include a new roof installed within the past year and new vinyl siding added in early 2025. The property is located at 510 Piedmont Street in Reidsville, North Carolina, and offers a four-unit configuration for residential income use.

Key Highlights

  • Four‑unit quadplex with 3,184 square feet
  • All 4 units rented to separate tenants
  • Each unit is metered separately

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Dental Office Storage Facility (Bike/Boat/Book/etc) Store Bakery

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

777
Businesses Nearby

Demographics for 27320, NC

37,843
Population
17,876
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
244.9 sq mi
ZIP Area
155
Density / Sq Mi
$55,491
Median Household Income
$37,258
Median Earnings
$776
Median Rent
$170,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Fully occupied residential income property with separate utility metering for each apartment.
Where is this quadplex located?
The property is located at 510 Piedmont Street Reidsville, NC.
What is the asking price?
The asking price for this property is $254,900.
What are key features of this property?
This property features: Four‑unit quadplex with 3,184 square feet; All 4 units rented to separate tenants; Each unit is metered separately
More about this property
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