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9-Unit Apartment Complex
For Sale
$1,900,000

A-517 Tate St, Greensboro, NC 27403

Three-building condominium property with updated interiors, private patios, parking, and washer/dryer amenities.

Property SizeContact for details
Days on Market20

Property Features for A-517 Tate St

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 9 x 2BR/2.5BA
Multifamily Units 9
Parking per Unit 2

Taxes and HOA fees

Annual Taxes $19,671

Amenities

washer/dryer
private patio

Building Details

Buildings 3
Listing Agency: Tyler Redhead & McAlister Real Estate, LLC
Listed By: Helen Richardson
Source: Exprealty
Added: Aug 3 Changed: Aug 21 Last Checked: Aug 21 at 7:27AM

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 Tyler Redhead & McAlister Real Estate, LLC

Investment Insights

Based on property information with market context.

Chancellor's Court is a nine-unit condominium complex arranged across three buildings, with the seller preferring to convey the property as one package. Each residence measures approximately 1,090 square feet and includes two bedrooms, 2.5 baths, spacious living areas, a private patio, washer/dryer access, and two private parking spaces. Most units have received updates including flooring, countertops, and interior paint.

The property is located at A-517 Tate St in Greensboro, within walking distance of the University of North Carolina at Greensboro, restaurants, shopping, and entertainment. Rental history, a rent roll, and income and expense statements are available for review. Unit access requires agent coordination and at least 24 hours' notice.

Key Highlights

  • Nine‑unit condominium complex across three buildings
  • Each unit is approximately 1,090 sq ft with 2 bedrooms and 2.5 baths
  • Most residences include updated flooring, countertops, and fresh paint

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Bakery (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

969
Businesses Nearby

Demographics for 27403, NC

23,679
Population
8,671
Households
2.7
Avg Household Size
28
Median Age
48%
College-Educated
88%
High-School Grad
5.8 sq mi
ZIP Area
4,083
Density / Sq Mi
$56,722
Median Household Income
$24,843
Median Earnings
$998
Median Rent
$218,600
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 - Three-building condominium property with updated interiors, private patios, parking, and washer/dryer amenities.
Where is this apartment building located?
The property is located at A-517 Tate St Greensboro, NC.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Nine‑unit condominium complex across three buildings; Each unit is approximately 1,090 sq ft with 2 bedrooms and 2.5 baths; Most residences include updated flooring, countertops, and fresh paint
More about this property
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