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Renovated Duplex
New
For Sale
$199,000

918 Merritt Drive, Greensboro, NC 27407

A two-unit rental property has occupied units and interior updates in the front residence.

Property SizeContact for details
Days on Market5

Property Features for 918 Merritt Drive

General Information

Standard status Active
Property subtype Duplex
Occupancy 100%

Financials

Gross Income $19,200
Average Monthly Rent $800

Additional Details

Multifamily Units 2
Tenant in Place Yes

Building Details

Year Built 1904
Buildings 1
Tenancy Multi
Listing Agency: Fathom Realty
Listed By: Milly Khowala
Source: Stanleykelleher.kw
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 28 at 3:13PM

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 Fathom Realty

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Investment Insights

Based on property information with market context.

This duplex contains two rental units and dates to 1904. The front unit has new flooring, fresh paint, an updated bathroom, and new appliances. Both units are occupied.

Key Highlights

  • Two‑unit duplex
  • Built in 1904
  • Front unit updated with new flooring, fresh paint, bathroom improvements, and new appliances

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

698
Businesses Nearby

Demographics for 27407, NC

49,803
Population
23,861
Households
2.1
Avg Household Size
35
Median Age
35%
College-Educated
88%
High-School Grad
29.4 sq mi
ZIP Area
1,694
Density / Sq Mi
$59,308
Median Household Income
$35,819
Median Earnings
$1,113
Median Rent
$203,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - A two-unit rental property has occupied units and interior updates in the front residence.
Where is this duplex located?
The property is located at 918 Merritt Drive Greensboro, NC.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two‑unit duplex; Built in 1904; Front unit updated with new flooring, fresh paint, bathroom improvements, and new appliances
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