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15-Unit Apartment Building
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301 N Mendenhall St, Greensboro, NC 27401

The Greensboro property has one- and two-bedroom layouts near downtown, universities, shopping, and local entertainment.

Property SizeContact for details
Days on Market4

Property Features for 301 N Mendenhall St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 15

Amenities

15-Unit Multifamily Community: 1966-built 15-unit multifamily community in an established Greensboro location.
1BR + 2BR Unit Mix: Mix of one-bedroom, one-bathroom and two-bedroom, two-bathroom floorplans supporting a broad tenant base.
Downtown Greensboro Proximity: Positioned close to downtown Greensboro's entertainment, dining, and cultural corridor.
University Proximity: Near the University of North Carolina at Greensboro (UNCG) and Greensboro College.
Retail + Entertainment Access: Close to Friendly Shopping Center and First National Bank Field, home of the Greensboro Grasshoppers Minor League Baseball team.
Piedmont Triad Employment Base: Diversified metro economy anchored by Cone Health, Volvo Trucks, HondaJet, Qorvo, and JetZero's $4.7B aerospace facility.

Building Details

Year Built 1966
Units 15
Listing Agency: Charlotte Uptown Office
Listed By: Ryan Parrish · License #License(s): NC: 358857
Source: Marcusmillichap
Added: Sep 28 Last Checked: Sep 30 at 9:07AM

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 Charlotte Uptown Office

Investment Insights

Based on property information with market context.

At 301 N Mendenhall St in Greensboro, this 15-unit apartment property dates to 1966. Its floorplans include one-bedroom units with one bathroom and two-bedroom units with two bathrooms, offering two distinct configurations within the same community.

The property is near downtown Greensboro, the University of North Carolina at Greensboro, Greensboro College, and Friendly Shopping Center. First National Bank Field and downtown dining, cultural, and entertainment destinations are also nearby. Greensboro is part of the Piedmont Triad, a metro area with a reported population of 1.7 million.

Key Highlights

  • 15‑unit apartment property built in 1966
  • Floorplans include one bedroom and one bathroom, or two bedrooms and two bathrooms
  • Near downtown Greensboro, UNCG, Greensboro College, and Friendly Shopping Center

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Tanning Salon Pet Store & Service Restaurant Florist

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

15
Residential units

Location Intelligence

Trade Area within ½ mile

1,653
Businesses Nearby

Demographics for 27401, NC

21,854
Population
9,650
Households
2.3
Avg Household Size
29
Median Age
32%
College-Educated
85%
High-School Grad
5.8 sq mi
ZIP Area
3,768
Density / Sq Mi
$44,524
Median Household Income
$22,542
Median Earnings
$883
Median Rent
$138,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - The Greensboro property has one- and two-bedroom layouts near downtown, universities, shopping, and local entertainment.
Where is this apartment building located?
The property is located at 301 N Mendenhall St Greensboro, NC.
What are key features of this property?
This property features: 15‑unit apartment property built in 1966; Floorplans include one bedroom and one bathroom, or two bedrooms and two bathrooms; Near downtown Greensboro, UNCG, Greensboro College, and Friendly Shopping Center
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