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Historic Brick Apartment Building
For Sale
$450,000
Pending

915 Raleigh Rd Parkway W, Wilson, NC 27896

Commercial Sale, Wilson, NC

Property Size13,650 SF
Lot Size1.00 Acre
Days on Market61

Property Features for 915 Raleigh Rd Parkway W

General Information

Property type Commercial Sale
Property subtype Other
Zoning C
Directions Directly on US264, just West of Ward Blvd Rt 42
Special listing conditions Auction
Standard status Pending
APN 3712438630.000
Size 13,650 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2026
Tax Description L25 PINE FRST APT 1.00LT
Legal Description L25 PINE FRST APT 1.00LT

Amenities

on-site coin-operated laundry

Building Details

Year built 1933
Listing Agency: Tranzon Key
Listed By: Linda Terry · License #211005
Added: Aug 6 Changed: Sep 17 Last Checked: Oct 5 at 6:06AM
MLS# 100594412

Copyright © 2026 Hive MLS. 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.

Built in 1933, this 13-unit apartment building contains approximately 13,650 square feet of solid masonry construction on 1 acre. The unit mix includes seven two-bedroom apartments, five one-bedroom apartments, and one studio. Building features include 2-foot-thick brick walls, steel I-beam framing, concrete floors, 9-foot ceilings, hardwood and marble flooring, and varied floor plans. A dimensional shingle roof was installed in 2021.

Property systems include a commercial Peerless boiler, commercial natural gas hot water, and hardwired smoke and fire detection with battery backup. Electrical wiring is installed in conduit. Residents pay electricity and internet, while ownership pays heat, water and sewer, trash service, and lawn maintenance. On-site coin-operated laundry is available, with room for expansion.

The property is near Barton College, schools, shopping, medical facilities, I-95, US-264, and I-795. It is zoned C and includes one vacant unit ready for lease.

Key Highlights

  • 13‑unit apartment building with 7 two‑bedroom units, 5 one‑bedroom units, and 1 studio
  • Approximately 13,650 square feet on 1 acre
  • Constructed in 1933 with 2‑foot‑thick brick walls and steel I‑beam framing

Property Analytics

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Current Use

EasyQuotes4You Insurance Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Building Supply Skin Care Clinic

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

13
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

547
Businesses Nearby

Demographics for 27896, NC

20,683
Population
8,496
Households
2.4
Avg Household Size
42
Median Age
34%
College-Educated
91%
High-School Grad
35.2 sq mi
ZIP Area
588
Density / Sq Mi
$67,893
Median Household Income
$44,339
Median Earnings
$1,093
Median Rent
$213,600
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?
Apartment building - Multi-unit property with distinctive floor plans, on-site laundry, and C zoning near schools, shopping, and medical facilities.
Where is this apartment building located?
The property is located at 915 Raleigh Rd Parkway W Wilson, NC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 13‑unit apartment building with 7 two‑bedroom units, 5 one‑bedroom units, and 1 studio; Approximately 13,650 square feet on 1 acre; Constructed in 1933 with 2‑foot‑thick brick walls and steel I‑beam framing
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