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6-Unit Apartment Building

818 Meadow Ridge Court Winston-Salem, Winston Salem, NC 27107

For Sale
$409,900
Pending

Each residence has one bedroom and one bath, and several interiors have updated finishes.

Property SizeContact for details
Days on Market49

Property Features for 818 Meadow Ridge Court Winston-Salem

General Information

Standard status Pending
Property subtype Apartment

Units

Unit Mix 6 x 1BR/1BA
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $3,852

Building Details

Year Built 1982
Buildings 1
Listing Agency: GSO Realty Partners
Listed By: Darya Wojtyra · License #326004
Source: Beaconpointrealty
Added: Sep 22 Changed: Nov 7 Last Checked: Nov 8 at 3:11PM

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 GSO Realty Partners

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Investment Insights

Based on property information with market context.

Built in 1982, this six-unit apartment property is composed entirely of one-bedroom, one-bath residences. Several apartments have received interior updates, including new flooring, fixtures, and finishes. The building has no HOA and is producing rental income.

Exterior work completed in 2023 included a roof replacement and improvements to the decking.

Key Highlights

  • Six apartments, each with one bedroom and one bathroom
  • Roof and exterior decking work completed in 2023
  • Several units updated with newer flooring, fixtures, and finishes

Property Analytics

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby

Demographics for 27107, NC

49,834
Population
20,767
Households
2.4
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
66.2 sq mi
ZIP Area
753
Density / Sq Mi
$59,897
Median Household Income
$35,832
Median Earnings
$889
Median Rent
$201,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Each residence has one bedroom and one bath, and several interiors have updated finishes.
Where is this apartment building located?
The property is located at 818 Meadow Ridge Court Winston-Salem Winston Salem, NC.
What is the asking price?
The asking price for this property is $409,900.
What are key features of this property?
This property features: Six apartments, each with one bedroom and one bathroom; Roof and exterior decking work completed in 2023; Several units updated with newer flooring, fixtures, and finishes
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