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Two-Bedroom Quadplex
For Sale
$799,000

617 John McGrady Road, North Wilkesboro, NC 28659

Residential Income, North Wilkesboro, NC

Property SizeContact for details
Lot Size0.70 Acres
Days on Market246

Property Features for 617 John McGrady Road

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R1
Directions From North Wilkesboro take HWY 18 North (Sparta Highway). Go right on Elledge Mill Road then right on John McGrady Road. Property will be on the left. Sign says Spencer Apartments. GPS is accurate
Standard status Active
Lot size 0.70 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2159

Building Details

Year built 2001
Listing Agency: Howard Hanna Allen Tate - Blair Properties
Listed By: Alex Blair · License #285195
Added: Jan 7 Changed: Sep 9 Last Checked: Sep 10 at 5:06AM
MLS# 1205920

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 four-unit residential income property includes four apartments, each configured with 2 bedrooms and 1 bathroom. Appliances are included in every unit, and the property offers private parking for each residence. Built in 2001, the quadplex sits on 0.7 acres and is zoned R1.

The property is located at 617 John McGrady Road in North Wilkesboro, North Carolina, near local schools and shopping. The Blue Ridge Parkway is also nearby. A large backyard area provides outdoor space for entertainment and recreational activities. All units are occupied.

Key Highlights

  • Four‑unit quadplex with 2 bedrooms and 1 bathroom per unit
  • Appliances included in every unit
  • Private parking provided for each residence

Property Analytics

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Current Use

Spencer Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Hair Salon HVAC Service (Bike/Boat/Book/etc) 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 28659, NC

20,588
Population
9,647
Households
2.1
Avg Household Size
43
Median Age
17%
College-Educated
79%
High-School Grad
100.6 sq mi
ZIP Area
205
Density / Sq Mi
$49,578
Median Household Income
$32,495
Median Earnings
$714
Median Rent
$151,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Occupied residences include appliances, dedicated parking, and access to a large backyard area.
Where is this quadplex located?
The property is located at 617 John McGrady Road North Wilkesboro, NC.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four‑unit quadplex with 2 bedrooms and 1 bathroom per unit; Appliances included in every unit; Private parking provided for each residence
More about this property
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