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Six-Unit Apartment Building
For Sale
$575,000

524 Baldwin Ave, Marion, NC 28752

Six-unit apartment complex with city water and sewer and a convenient downtown Marion address.

Property Size3,652 SF
Price / SF$157.45
Days on Market160

Property Features for 524 Baldwin Ave

General Information

Standard status Active
Size 3,652 SF
Property subtype Residential Income

Additional Details

Utilities to Site Yes
Multifamily Units 6
Listing Agency: Realty Group 1 LLC
Listed By: Brandon Braswell · License #309692
Source: Exprealty
Added: Mar 18 Changed: Aug 24 Last Checked: Aug 15 at 8:03AM

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 Realty Group 1 LLC

Investment Insights

Based on property information with market context.

This for-sale six-unit apartment complex offers a straightforward multifamily setup designed for rental operations. The property includes city water and sewer, which can reduce maintenance and utility management complexity compared with systems that rely on private utilities.

Located at 524 Baldwin Ave in Marion, the building benefits from its downtown convenience. Public remarks indicate tenants have walkable or short-drive access to local shops, dining, and services, supporting day-to-day ease for residents.

As a compact residential income property with six rental units, it may be well suited for buyers looking for a small-scale, cash-flow-focused multifamily asset. Please note that details on unit mix, interior condition, and any recent updates are not provided in the information supplied.

Key Highlights

  • 6‑unit apartment complex in Marion, NC
  • City water and city sewer service
  • Convenient downtown Marion address

Property Analytics

Current Use

Old School Apartments Vacation Rental

Suggested Use

Top Pick Parking Lot & Garage Bakery Skin Care Clinic (Bike/Boat/Book/etc) Store Pharmacy Grocery & Convenience Store

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

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby

Demographics for 28752, NC

29,669
Population
14,141
Households
2.1
Avg Household Size
43
Median Age
16%
College-Educated
85%
High-School Grad
249.1 sq mi
ZIP Area
119
Density / Sq Mi
$55,036
Median Household Income
$37,382
Median Earnings
$712
Median Rent
$166,100
Median Home Value

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 - Six-unit apartment complex with city water and sewer and a convenient downtown Marion address.
Where is this apartment building located?
The property is located at 524 Baldwin Ave Marion, NC.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 6‑unit apartment complex in Marion, NC; City water and city sewer service; Convenient downtown Marion address
More about this property
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