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Back 312 Stokes St
Off Market

312 Stokes St

Burlington NC 27215

Apartment
Last sold for $780,000
Jol Dean WardJol Dean Ward, last sold this property on 04 February 2026 after 126 days on market.

Overview

Incredible investment opportunity! 3840 square foot 5-unit building, fully rented with all tenants living there for two years or more. All units are 2- bedroom units, 1- Bath each with their own parking space and plenty off street parking. Projected rental income of $86150 for 2025. All units has it’s on water and power meter. NEW VINYL AND REPLACEMENT WINDOWS INSTALL LAST MONTH, ALL DISHWASHER REPLACED WITHIN THE LAST TWO MONTHS, ROOF REPLACED WITHIN THE LAST 2 YEARS. CENTRAL AIR/HEAT,LVP and WASHER/DRYER HOOK UPS IN ALL UNITS. All tenants are currently on a lease and all wish to remain in place.

Features

Apartment

Estimated Value

We need at least 3 similar apartments sold in Burlington over the last 12 months.

Property history for 312 Stokes St

2026
Sold
$780,000
04 Feb 2026 by Jol Dean Ward, of Elevation Realty
2005
Sold
$200,000
19 Dec 2005 by Default Firm Record, of Coldwell Banker Advantage-Burlington

Happy sellers in Burlington

95%
95% of sellers in Burlington reported that their sale price either exceeded or met their price expectations.

Burlington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Burlington over the last 12 months.

Local market activity for apartments in Burlington

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