3425 Martin Avenue Greensboro, NC ^$ 400,000

3425 Martin Avenue

^$ 400,000

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3425 Martin Avenue

Greensboro, NC, 27405

^$ 400,000

Bedrooms5 Baths5.0

Monthly Estimate*

^$ 2,495

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Multi-Family Home for sale in Greensboro, NC

for $400,000 with 5 bedrooms and 5 full baths. This home was built in 1962 on a lot size of 0.61.

A distressed multifamily property with potential for value addition. It comprises a total of 5 units. Two of these units are currently leased on a month-to-month basis at a rate of $950 per month. The remaining three units are vacant and have been updated with new flooring, windows, and paint. Tenants are responsible for their electric bills, (Individually metered) while the owner covers the costs of water, sewer, and trash services. The owner has indicated that no T-12 or rent rolls are available. The market rent is conservatively estimated at $1045 per month for each unit. Rent comps in documents and can be provided.

Multi-Family Active

Price

^$ 400,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,830

Style

Garden

Lot Size

0.61

Year Built

1962

Town/City

Greensboro

County/Region

Guilford

MLS | Web ID

1202971

Features

General

Sewer Public Sewer

Heating Baseboard Electric

Cooling Window Unit(s)

Appliances Electric Water Heater

Zoning RM-12

Architectural Style Garden

Pool Features None

Construction Materials Block Brick

Year Built 1962

Property Subtype Apartment

County Guilford

Property Type Residential Income

HOA No

Status Active

Directions From I-40/I-85 Exit 131 slight right toward I-785 N/I-840 W and merge. Take exit 14B-A for US-29 S ramp. Turn right onto McKnight Mill Rd. Turn right onto Martin Avenue

High School Eastern

City Greensboro

Number Of Units Total 5

Number of Units Leased 2

Listing Terms Cash Conventional

Elementary School Rankin

Tax Annual Amount 2830

Fuel Expense 0

Middle/Junior High School Eastern

Standard Status Active

Pool Y/N No

Taxes 2830

Exterior

Exterior Amenities None

Parking Features Gravel

Lot Features City Lot

Water Source Public

Total Parking 5

Building Area Total 758

Lot Dimensions 102 x 243 x 101 x 260

Lot Size Acres 0.61

Interior

Flooring Vinyl

Furnished Units None

Laundry Features Washer/Dryer Connection

Heating Fuel Electric

Water Heater Electric

Internal Only

Street Number 1 3425

* Excluded Features

List By

Roger Abbott

Listing Agent

Keller Williams Central

Broker

rogerabbott@kw.com

Affordability Calculator

$2,731

Per Month

Monthly Principal & Interest: $2,495
Monthly Property Taxes: $236
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Greensboro, NC

Average List Price ^$838,493

Percent of Sale Price 110%

About Greensboro, NC

287,637 Population

20% Since 2002

^$43,919 Median Income

35.58 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

5039821 Elementary School

2998169 Middle School

Eastern High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/24/2025	$400,000		Listed Price

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3425 Martin Avenue, Greensboro, NC, 27405 is a Multi-Family Home for sale at $400,000 with a lot size of 0.61. 3425 Martin Avenue has 5 bedrooms, 5.0 baths, and was built in 1962. The property's zip code is 27405 which is in Greensboro, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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 Weichert Realtors 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.

The information being provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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3425 Martin Avenue

Multi-Family Home for sale in Greensboro, NC

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