12-Unit Apartment
218 37th Street SW, Hickory, NC 28602
For Sale
$625,000
Residential Income, Hickory, NC
Property Size600 SF
Lot Size2.52 Acres
Price / SF$1,041
Days on Market429
Property Features for 218 37th Street SW
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Flooring type
Listing Agency:
Keller Williams Elite Realty · Keller Williams Realty
(984) 244-5830
Listed By:
Michelle Edwards Mitchell · License NC #121569
(919) 484-2280
Added: Sep 8, 2025
Changed: Oct 26
Last Checked: Nov 10 at 8:06PM
MLS# 10120646
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 12-unit apartment property was built in 2013 and sits on 2.52 acres in Hickory, North Carolina. Seven units are currently leased, while five others are being prepared for occupancy. Interior finishes include vinyl and carpet flooring, with heating varying by unit and cooling provided through window or wall/window units.
The property is served by public sewer and is located at 218 37th Street SW. Its apartment configuration, existing lease status, and acreage provide a clear overview for multifamily investors evaluating the asset.
The property is served by public sewer and is located at 218 37th Street SW. Its apartment configuration, existing lease status, and acreage provide a clear overview for multifamily investors evaluating the asset.
Key Highlights
- 12 apartment units, with 7 currently leased
- 5 additional units are being prepared for occupancy
- Situated on 2.52 acres
Property Analytics
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Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
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Business Placement
Demographics for 28602, NC
29,184
Population
12,941
Households
2.3
Avg Household Size
42
Median Age
18%
College-Educated
87%
High-School Grad
70.7 sq mi
ZIP Area
413
Density / Sq Mi
$56,031
Median Household Income
$36,519
Median Earnings
$830
Median Rent
$180,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with seven leased units and five additional units being prepared for occupancy.
Where is this apartment building located?
The property is located at 218 37th Street SW Hickory, NC.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 12 apartment units, with 7 currently leased; 5 additional units are being prepared for occupancy; Situated on 2.52 acres
