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Multifamily Apartment Building with 10 Units
For Sale
$700,000

303 37th Street SW, Hickory, NC 28602

MULTI_FAMILY - Hickory, NC

Property Size600 SF
Lot Size2.48 Acres
Price / SF$1,166
Days on Market342

Property Features for 303 37th Street SW

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 20
Bathrooms 10
Full bathrooms 10
Rooms Bedroom 17, Bathroom 3, Bedroom 8, Bedroom 9, Bathroom 6, Bedroom 15, Bedroom 6, Bedroom 14, Bedroom 18, Bathroom 8, Bedroom 13, Bedroom 3, Bedroom 16, Bedroom 1, Bathroom 7, Bedroom 2, Bedroom 5, Bedroom 10, Bedroom 20, Bathroom 2, Bedroom 4, Bedroom 11, Bedroom 12, Bathroom 10, Bathroom 9, Bathroom 1, Bathroom 4, Bedroom 7, Bedroom 19, Bathroom 5
Subdivision Not in a Subdivision
Standard status Active
APN 2782-12-86-9907
Size 600 SF
Lot size 2.48 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5270

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s), Wall/Window Unit(s), Central Air
Water source Public

Building Details

Year built 1998
Floors in Building 1
Number of units 4
Listing Agency: Keller Williams Elite Realty · Keller Williams Realty
Listed By: Michelle Edwards Mitchell · License #121569
Added: Sep 8, 2025 Changed: Aug 10 Last Checked: Aug 15 at 8:06AM
MLS# 10120943

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.

Investment Insights

Based on property information with market context.

This multifamily apartment building offers 10 units for sale on a 2.48-acre lot. The property was built in 1998 and includes a mix of cooled interior space supported by central air as well as window and wall/window unit cooling.

Utilities include public water and public sewer. The unit interiors are reflected in the provided room count, totaling 20 bedrooms and 10 bathrooms across the building.

The listing also notes the opportunity to purchase additional units in the same area not far from this property, supporting an investor-friendly acquisition strategy. For more detail on the full offering, contact the listing team.

Key Highlights

  • 10 units for sale
  • 2.48‑acre lot
  • Built in 1998

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing 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

10
Residential units

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby

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

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 - Apartment building with 10 units, central air plus window and wall units, and public water and sewer.
Where is this apartment building located?
The property is located at 303 37th Street SW Hickory, NC.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 10 units for sale; 2.48‑acre lot; Built in 1998
More about this property
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