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Renovated 4-Unit Quadplex
For Sale
$999,000

632 N Elm St, Greensboro, NC 27401

Historic district property with furnished units, rear access, and gravel parking.

Property SizeContact for details
Days on Market27

Property Features for 632 N Elm St

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Furnished Yes

Building Details

Year Built 1918
Listing Agency: eXp Realty
Listed By: Matthew Millaway
Source: Burlingtonnchomes4sale
Added: Aug 3 Changed: Aug 29 Last Checked: Aug 29 at 9:03AM

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 eXp Realty

Investment Insights

Based on property information with market context.

Built in 1918, this four-unit quadplex in Greensboro’s Fisher Park Historic District combines historic character with extensive recent improvements. Renovations include the roof, HVAC systems, electrical, plumbing, sewer connection to the main, insulation, sheetrock, windows, original flooring, tile showers, cabinetry, lighting, and kitchens with granite countertops. Permits were pulled for the work, and each unit is furnished with appliances and decor.

All four units are currently occupied under month-to-month leases. The property also offers rear access and gravel parking behind the building. The existing layout supports continued residential income use, while the property information identifies potential conversion to commercial office applications such as law or studio space.

Key Highlights

  • Four individual units, currently occupied under month‑to‑month leases
  • Extensive renovation work includes roof, HVAC, electrical, plumbing, and sewer line to main
  • Each unit furnished with appliances and decor

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Tanning Salon Pet Store Home Appliance 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.

Location Intelligence

Trade Area within ½ mile

2,475
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

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?
Quadplex - Historic district property with furnished units, rear access, and gravel parking.
Where is this quadplex located?
The property is located at 632 N Elm St Greensboro, NC.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Four individual units, currently occupied under month‑to‑month leases; Extensive renovation work includes roof, HVAC, electrical, plumbing, and sewer line to main; Each unit furnished with appliances and decor
More about this property
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