Reidsville Multifamily Investment
For Sale
$795,000
1404 & 1406 Front Street, Reidsville, NC 27320
Multifamily property with long-term tenants, generating consistent returns.
Days on Market417
Property Features for 1404 & 1406 Front Street
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
2001
Listing Agency:
CENTURY 21 THE KNOWLES TEAM
(336) 342-2022
Listed By:
TERESA S. KNOWLES · License #169794
Source:
Corcoran
Added: Jun 10, 2025
Changed: Jul 6
Last Checked: Jul 30 at 8:00AM
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 CENTURY 21 THE KNOWLES TEAM
Investment Insights
Based on property information with market context.
This multifamily property, located on Front Street in Reidsville, North Carolina, presents an investment opportunity with tenants already in place. The all-brick building requires minimal maintenance. The property consists of two units: 1404 Front Street, which is 2547 square feet, and 1406 Front Street, which is 1045 square feet. The current monthly return is $5,572. The owner is responsible for utilities (electricity, water, and lawn maintenance), which total $800 per month, as well as annual taxes of $5,800 and insurance costs of $1,700 per year. A rent increase is expected within the next 4 to 9 months, extending leases to 2028 and 2030.
Key Highlights
- Established investment property offered at $795,000.
- Existing tenants provide immediate monthly income of $5,572.
- Rent increase expected within 4‑9 months, extending leases to 2028 and 2030.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Multifamily property with long-term tenants, generating consistent returns.
Where is this duplex located?
The property is located at 1404 & 1406 Front Street Reidsville, NC.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Established investment property offered at $795,000.; Existing tenants provide immediate monthly income of $5,572.; Rent increase expected within 4‑9 months, extending leases to 2028 and 2030.
