15-Unit Apartment
New
For Sale
$1,800,000
Pending
Wilkes Street, Elkin, NC 28621
MULTI_FAMILY - Other - Elkin, NC
Property SizeContact for details
Lot Size13.23 Acres
Days on Market3
Property Features for Wilkes Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Directions
From HWY 268E, continue onto Elk Spur St, Turn Right onto Wilkes St.
Standard status
Pending
Lot size
13.23 Acres
Taxes and HOA fees
Tax Year
2025
Building Details
Year built
1976
Floors in Building
2
Number of units
15
Architectural style
Other
Listing Agency:
Ward & Ward Properties, LLC
(336) 667-1719
Listed By:
Tyler Ward
(336) 468-0412
Added: Aug 18
Last Checked: Aug 20 at 9:06PM
MLS# 1231067
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Investment Insights
Based on property information with market context.
This 15-unit apartment complex occupies 13.23 +/- acres within Elkin city limits. Built in 1976, the property offers brick construction and recently updated units, each configured with 2 bedrooms and 1.5 baths. Appliances are included in the units, and each apartment has its own HVAC system. A replacement roof was completed in 2019, and the site provides ample parking.
The property is served by city water and city sewer. The recorded 911 addresses include 202 Wilkes St, 208 Wilkes St, 210 Wilkes St, 305 Wilkes St, and 325 Wilkes St in Elkin, NC. Occupancy is reported at 100%.
The property is served by city water and city sewer. The recorded 911 addresses include 202 Wilkes St, 208 Wilkes St, 210 Wilkes St, 305 Wilkes St, and 325 Wilkes St in Elkin, NC. Occupancy is reported at 100%.
Key Highlights
- 15‑unit apartment complex on 13.23 +/- acres
- 100% occupancy with 2‑bedroom, 1.5‑bath units
- Brick construction with a new roof completed in 2019
Property Analytics
Current Use
Lease Details
15
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Explore this area
Business Placement
Demographics for 28621, NC
9,952
Population
4,864
Households
2
Avg Household Size
45
Median Age
19%
College-Educated
83%
High-School Grad
67.7 sq mi
ZIP Area
147
Density / Sq Mi
$54,481
Median Household Income
$34,706
Median Earnings
$764
Median Rent
$147,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied complex with updated two-bedroom units, individual HVAC systems, appliances, and on-site parking.
Where is this apartment building located?
The property is located at Wilkes Street Elkin, NC.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 15‑unit apartment complex on 13.23 +/- acres; 100% occupancy with 2‑bedroom, 1.5‑bath units; Brick construction with a new roof completed in 2019
