Pending

Listed by Stephanie Andrew

Source: Triad Multiple Listing Service #1220578

403 Gilmer St Extension, Reidsville, NC, 27320

$595,000

12
0.44 ac.

Apartment

30+ days on the market

What's around 403 Gilmer St Extension

About this property

Excellent opportunity featuring an 8-unit complex conveniently located near downtown shopping, dining, & local amenities. Each spacious unit features 2 bedrooms, 1 full bath, a kitchen with breakfast area, separate dining room, and a generously sized living room. All units include a refrigerator & free-standing range/oven, & each apartment has its own individual heat pump. Some units have been updated with durable LVP flooring, while others still maintain carpeted areas, offering future value-add potential. Designated parking spaces along with additional street parking for tenants and guests. The property has a strong rental history with most tenants being long-term. Current rental rates range $625 to $950 per month, presenting an excellent opportunity for increased cash flow with future rent adjustments. Whether you are looking to expand your portfolio or purchase your first multifamily investment, this property offers stability, convenience, and upside potential.

Looking for more information on 403 Gilmer St Extension?

Explore comparables, sales history and growth for this property.
Learn more

Similar property for sale nearby

For Sale
$589,000
2201 South Scales Street
Reidsville NC 27320
12
6
Apartment
Listing courtesy of K2 Real Estate Group

Other properties for sale by Realty ONE Group Results Greensboro

For Sale
$429,000
6006 Grass Field Ct
Gibsonville NC 27249
3
2
2
Single-Family
Listing courtesy of Realty ONE Group Results Greensboro
For Sale
$345,000
5805 Edgebrook Court
Greensboro NC 27282
3
3
2
Single-Family
Listing courtesy of Realty ONE Group Results Greensboro
For Sale
$359,000
4020 Maid Marion Court
High Point NC 27282
3
3
2
Single-Family
Listing courtesy of Realty ONE Group Results Greensboro

Browse properties sold in nearby areas

Listing information © 2026 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Realty ONE Group Results Greensboro are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 23 May 2026

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent