Vinyl-Sided
New
For Sale
$465,000
1806 Walker Avenue, Greensboro, NC 27403
MULTI_FAMILY - Other - Greensboro, NC
Property Size3,800 SF
Lot Size0.15 Acres
Price / SF$122.37
Days on Market2
Property Features for 1806 Walker Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
SFR
Rooms
Basement
Parking
8
Parking features
Driveway
Subdivision
College Park
Lot features
Sloped
Elementary school
Lindley
Middle school
Kiser
High school
Grimsley
Directions
From W. Market Street - take Josphine Boyd toward UNCG, right on Walker. Property two blocks down on right.
Standard status
Active
Size
3,800 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Description
143 PB 7-11 COLLEGE PARK PL:7-11
Legal Description
143 PB 7-11 COLLEGE PARK PL:7-11
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas, Baseboard, Forced Air
Cooling system
Window Unit(s), Central Air
Water source
Public
Building Details
Year built
1926
Floors in Building
2
Number of units
4
Flooring type
Vinyl, Tile, Wood
Building materials
Vinyl Siding
Architectural style
Other
Listing Agency:
Berkshire Hathaway HomeServices Yost & Little Realty
(336) 272-0151
Listed By:
Mark Yost
(336) 707-6275
Added: Jul 31
Last Checked: Aug 1 at 4:06AM
MLS# 1228526
Copyright © 2026 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This vinyl-sided quadplex offers a total of approximately 3,800 square feet and includes a basement. Flooring includes vinyl, tile, and wood, supporting flexible unit finishes and practical day-to-day maintenance. The property is served by public water and public sewer, and it includes driveway parking.
Heating options include electric heating, natural gas, baseboard, and forced air. Cooling is provided via window unit(s) and central air. Built in 1926, the building is positioned for investors and owner-occupants looking for a multi-unit structure within the SFR zoning designation.
The property is located at 1806 Walker Avenue, Greensboro, NC 27403 in Guilford County.
Heating options include electric heating, natural gas, baseboard, and forced air. Cooling is provided via window unit(s) and central air. Built in 1926, the building is positioned for investors and owner-occupants looking for a multi-unit structure within the SFR zoning designation.
The property is located at 1806 Walker Avenue, Greensboro, NC 27403 in Guilford County.
Key Highlights
- Approx 3,800 SF quadplex with basement
- 0.15‑acre lot
- Built in 1926
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.4k | $13.80 |
| − Vacancy | −$2.9k | −$0.76 |
| EGI | $49.6k | $13.04 |
| − OpEx | −$14.9k | −$3.91 |
| NOI | $34.7k | $9.13 |
3,800 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$495.5K
$433.6K – $578.1K
NOI $34,685 @ 7.0% cap · market cap 7.46%
Second Best
Apartment 5plus
$455.6K
$398.7K – $531.6K
NOI $31,894 @ 7.0% cap · market cap 6.86%
Theoretical Best
Office A
$1.20M
$1.05M – $1.41M
NOI $84,320 @ 7.0% cap · market cap 18.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - SFR-zoned quadplex on public water and public sewer with driveway parking and mixed vinyl, tile, and wood flooring.
Where is this quadplex located?
The property is located at 1806 Walker Avenue Greensboro, NC.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Approx 3,800 SF quadplex with basement; 0.15‑acre lot; Built in 1926
