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32-Unit Apartment Building
For Sale
Contact for pricing
Pending

703 Peed Dr, Greenville, NC 27834

Two-building multifamily property with a mix of one- and two-bedroom apartments.

Property SizeContact for details
Days on Market146

Property Features for 703 Peed Dr

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 8 x 2BR/1BA, 24 x 1BR/1BA
Multifamily Units 32

Building Details

Buildings 2
Listing Agency: Connelly Properties
Listed By: PJ Connelly · License #NC 251841
Source: Crexi
Added: Apr 12 Changed: Sep 3 Last Checked: Sep 2 at 10:27PM

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 Connelly Properties

Investment Insights

Based on property information with market context.

The offering comprises two apartment buildings at 703 and 801 Peed Drive. Together, they contain 32 units: 24 one-bedroom, one-bath apartments and eight two-bedroom, one-bath apartments.

The property is positioned just off Greenville Blvd and Memorial Drive in Greenville, North Carolina. The surrounding area has experienced significant growth over the past several years.

Key Highlights

  • 32 total apartment units across two buildings
  • 24 one‑bedroom, one‑bath units
  • Eight two‑bedroom, one‑bath units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Big Box & Wholesale Store Kitchen & Bath Showroom

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

32
Residential units

Location Intelligence

Trade Area within ½ mile

550
Businesses Nearby

Demographics for 27834, NC

55,051
Population
27,368
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
88%
High-School Grad
174.3 sq mi
ZIP Area
316
Density / Sq Mi
$48,081
Median Household Income
$36,755
Median Earnings
$941
Median Rent
$161,700
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 - Two-building multifamily property with a mix of one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 703 Peed Dr Greenville, NC.
What are key features of this property?
This property features: 32 total apartment units across two buildings; 24 one‑bedroom, one‑bath units; Eight two‑bedroom, one‑bath units
More about this property
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