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8-Unit Apartment Portfolio
For Sale
$720,000

2810 Carriage Drive, Winston-Salem, NC 27106

MULTI_FAMILY - Winston-Salem, NC

Property SizeContact for details
Lot Size0.01 Acres
Days on Market219

Property Features for 2810 Carriage Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM18
Subdivision Georgetown Condominiums
Directions North on University Parkway, left on Coliseum Dr, right on Georgetown Dr, left onto Carriage Dr, right on Pelham, Unit on upper floor in building to the left.
Standard status Active
Lot size 0.01 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 747

Building Details

Year built 1967
Number of units 8
Listing Agency: Keller Williams Ballantyne Area Market Center · Keller Williams Realty
Listed By: Zena Krogedal
Added: Jan 2 Changed: Aug 9 Last Checked: Aug 9 at 5:06AM
MLS# 1205461

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 8-unit apartment portfolio includes properties built in 1967 and carries RM18 zoning. The portfolio has five occupied units, with renovation potential identified across the offering. Seven units are concentrated in the Georgetown and Rugby Row areas, while the portfolio also includes an additional property on Vineyard Park.

The assets are located in Winston-Salem, including addresses on Carriage Drive, Pelham Place, Rugby Row, and Vineyard Park. Seven units are described as being minutes from Wake Forest University, placing part of the portfolio near the university and its surrounding rental market. The offering includes 2804 Carriage Dr, A & B; 2810 Carriage Dr, D; 2820 Pelham Pl, I; 2810 Pelham Pl, E; 650 Rugby Row, C & L; and 309 Vineyard Park, 27104.

Key Highlights

  • 8‑unit apartment portfolio in Winston‑Salem
  • 5/8 units occupied
  • Seven units clustered in Georgetown/Rugby Row

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Building Supply HVAC Service

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

8
Residential units
62.5%
Occupancy

Location Intelligence

Trade Area within ½ mile

340
Businesses Nearby

Demographics for 27106, NC

49,115
Population
22,491
Households
2.2
Avg Household Size
38
Median Age
48%
College-Educated
92%
High-School Grad
28.5 sq mi
ZIP Area
1,723
Density / Sq Mi
$66,091
Median Household Income
$37,094
Median Earnings
$1,090
Median Rent
$286,000
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?
Apartment building - Multifamily portfolio with renovation potential and units located near Wake Forest University.
Where is this apartment building located?
The property is located at 2810 Carriage Drive Winston-Salem, NC.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: 8‑unit apartment portfolio in Winston‑Salem; 5/8 units occupied; Seven units clustered in Georgetown/Rugby Row
More about this property
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