15-Unit Apartment
For Sale
$1,800,000
Pending
Wilkes Street, Elkin, NC 28621
Residential Income, Elkin, NC
Property SizeContact for details
Lot Size13.23 Acres
Days on Market12
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
Changed: Aug 25
Last Checked: Aug 29 at 5:06PM
MLS# 1231067
Copyright © 2026 Triad Multiple Listing Service. 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.
This apartment property comprises 15 units across 13.23 acres, with each residence offering two bedrooms and 1.5 baths. The brick-built units were constructed in 1976 and have been recently updated and maintained. Individual HVAC systems serve each apartment, and appliances are included. A roof replacement was completed in 2019, and on-site parking is available.
The complex is within Elkin city limits and is connected to city water and city sewer. Current occupancy is 100%. The property carries R1 zoning and includes multiple Wilkes Street addresses: 202, 208, 210, 305, and 325 Wilkes St.
The complex is within Elkin city limits and is connected to city water and city sewer. Current occupancy is 100%. The property carries R1 zoning and includes multiple Wilkes Street addresses: 202, 208, 210, 305, and 325 Wilkes St.
Key Highlights
- 15 apartment units on 13.23 +/- acres
- 100% occupancy across the complex
- Two‑bedroom, 1.5‑bath layouts in each unit
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Updated brick residences with individual HVAC, included appliances, and municipal water and sewer service.
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 apartment units on 13.23 +/- acres; 100% occupancy across the complex; Two‑bedroom, 1.5‑bath layouts in each unit
