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Renovated 86-Unit Apartment Building
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508 N Tryon Street, Charlotte, NC 28202

Historic multifamily property with TOD-UC zoning in Uptown Charlotte.

Property Size60,929 SF
Days on Market101

Property Features for 508 N Tryon Street

General Information

Standard status Active
Size 60,929 SF
Class C
Property subtype MultiFamily Apartments
Zoning TOD-UC

Additional Details

Multifamily Units 86

Building Details

Building Size 60,929 SF
Year Built 1927
Year Renovated 2024
Buildings 1
Listing Agency: Greysteel
Listed By: Yassi Ghashghai
Source: Thebrokerlist
Added: May 28 Changed: Aug 30 Last Checked: Sep 5 at 3:41AM

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 Greysteel

Investment Insights

Based on property information with market context.

This 60,929 SF apartment property at 508 N Tryon Street includes 86 units within a building originally constructed in 1927 and renovated in 2024. The asset is classified as an apartment building and carries TOD-UC zoning.

Located in Charlotte’s Uptown area, the property is near the Levine Museum of the New South and Romare Bearden Park. Its setting places the building within an urban environment surrounded by cultural, dining, and entertainment destinations.

Key Highlights

  • 60,929 SF apartment building with 86 units
  • Originally built in 1927
  • Renovated in 2024

Property Analytics

Current Use

Elevate at Tryon Apartment Complex Hoar Construction General Contractor Van Voorhis Productions Film Production Casa de Granson Tour Operator Charlotte Towing Auto Repair Shop

Suggested Use

Top Pick Butcher Tanning Salon Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Locksmith

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

86
Residential units

Location Intelligence

Trade Area within ½ mile

6,131
Businesses Nearby

Demographics for 28202, NC

16,447
Population
11,490
Households
1.4
Avg Household Size
31
Median Age
64%
College-Educated
95%
High-School Grad
1.8 sq mi
ZIP Area
9,137
Density / Sq Mi
$101,711
Median Household Income
$67,683
Median Earnings
$1,862
Median Rent
$425,900
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 - Historic multifamily property with TOD-UC zoning in Uptown Charlotte.
Where is this apartment building located?
The property is located at 508 N Tryon Street Charlotte, NC.
What are key features of this property?
This property features: 60,929 SF apartment building with 86 units; Originally built in 1927; Renovated in 2024
More about this property
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