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13-Unit Brick Apartment Building
For Sale
$450,000
Pending

Wilson, NC 27896, Wilson, NC 27896

Commercial Sale, Wilson, NC

Property Size13,650 SF
Lot Size1.00 Acre
Days on Market66

Property Features

General Information

Property type Commercial Sale
Property subtype Other
Zoning C
Special listing conditions Auction
Standard status Pending
Size 13,650 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2026

Amenities

on-site coin-operated laundry

Building Details

Year built 1933
Listing Agency: Tranzon Key
Listed By: Linda Terry · License #211005
Added: Aug 6 Changed: Oct 8 Last Checked: Oct 10 at 9:06AM
MLS# 100594412

Copyright © 2026 Hive MLS. 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.

Pine Forest Apartments is a 13-unit brick multifamily property built in 1933, with approximately 13,650 square feet across 1 acre. The unit mix includes seven two-bedroom apartments, five one-bedroom apartments, and one studio. Building features include 9-foot ceilings, hardwood and marble flooring, steel I-beam framing, and concrete floors. A dimensional shingle roof was installed in 2021. Mechanical systems include a Peerless boiler and natural gas hot water system, while hardwired smoke and fire detection has battery backup. On-site coin-operated laundry is provided, with room for expansion.

Residents pay for electricity and internet; the owner covers heat, water and sewer, trash service, and lawn maintenance. The property is near Barton College, schools, shopping, medical facilities, I-95, US-264, and I-795.

Key Highlights

  • 13‑unit building with seven two‑bedroom units, five one‑bedroom units, and one studio
  • Approximately 13,650 square feet on 1 acre
  • Brick construction, steel I‑beam framing, and concrete floors

Property Analytics

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Current Use

Apartment buildings

Lease Details

13
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

415
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
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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 - Masonry construction, on-site laundry, and a mix of apartment layouts shape this established residential property.
Where is this apartment building located?
The property is located at Wilson, NC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 13‑unit building with seven two‑bedroom units, five one‑bedroom units, and one studio; Approximately 13,650 square feet on 1 acre; Brick construction, steel I‑beam framing, and concrete floors
More about this property
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