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Brick Apartment Building with 13 Units
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915 Raleigh Road Parkway West, Wilson, NC 27896

Historic multifamily property with distinctive masonry construction, varied floor plans, and established long-term occupancy.

Property Size13,650 SF
Days on Market6

Property Features for 915 Raleigh Road Parkway West

General Information

Standard status Active
Size 13,650 SF
Property subtype Multifamily

Building Details

Year Built 1933
Buildings 1
Units 13
Listing Agency: Tranzon Key
Listed By: Jeffrey Stein · License #MD 5422
Source: Crexi
Added: Aug 6 Changed: Aug 11 Last Checked: Aug 11 at 6:10AM

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 Tranzon Key

Investment Insights

Based on property information with market context.

Built in 1933, this two-level apartment property contains approximately 13,650 square feet and 13 apartments with individual layouts. The unit mix includes seven two-bedroom apartments, five one-bedroom apartments, and one studio, with unit sizes ranging from approximately 550 to 1,250 square feet. The two largest residences include two bathrooms, exterior entries, and patio or grilling areas. Interior features include plaster walls, marble and hardwood flooring, selected terra cotta tile and slate, steel beam construction, and concrete floor assemblies.

Building systems include hot-water radiator heat, owner-provided window-unit air conditioning, conduit wiring, hard-wired smoke and fire detection with battery backup, and a basement boiler and hot-water system. A coin-operated laundry is located in the basement, which has room for an additional equipment set. The dimensional shingle roof was installed in 2021 and is wind-rated to 160 mph.

The property is located in Wilson, North Carolina, with access to I-95, I-795, US 264, and Hwy 301. Raleigh and the Research Triangle Park are approximately 50 minutes away. The site is near schools and shopping, and the surrounding city provides electric, natural gas, water, sewer, and broadband utilities.

Key Highlights

  • 13,650‑square‑foot, two‑level apartment building constructed in 1933
  • 13 apartments: 7 two‑bedroom, 5 one‑bedroom, and 1 studio
  • Unit sizes range from approximately 550 to 1,250 SF

Property Analytics

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.

Location Intelligence

Trade Area within ½ mile

83
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

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 - Historic multifamily property with distinctive masonry construction, varied floor plans, and established long-term occupancy.
Where is this apartment building located?
The property is located at 915 Raleigh Road Parkway West Wilson, NC.
What are key features of this property?
This property features: 13,650‑square‑foot, two‑level apartment building constructed in 1933; 13 apartments: 7 two‑bedroom, 5 one‑bedroom, and 1 studio; Unit sizes range from approximately 550 to 1,250 SF
More about this property
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