$995,000
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915 Raleigh RD Parkway W, Wilson, NC 27896

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- Beds
0 Baths
13,650 Sq Ft

AUCTION - Selling at Public Online Auction! AS IS, Cash terms. Price shown is value range only...name your price. Rare opportunity to acquire Pine Forest Apartments, a well-maintained 13-unit multifamily investment property generating $132,060 in annual gross rental income with immediate cash flow and significant upside. Family owned and professionally managed for more than 70 years, this historic brick building features stable occupancy, long-term tenants, and zero delinquency. One vacant unit is ready for lease, providing immediate income growth potential. Investors will appreciate the opportunity to increase rents over time, add up to five additional units (subject to applicable approvals), or explore future condominium conversion. Originally constructed in the early 1930s, the building offers exceptional quality rarely found today, featuring approximately 13,650 square feet of solid masonry construction with 2-foot-thick brick walls, steel I-beam framing, concrete floor construction for outstanding sound attenuation, 9-foot ceilings, hardwood and marble flooring, and distinctive floor plans throughout. Property Features: 13-unit apartment building (7 two-bedroom units, 5 one-bedroom units, 1 studio) Approx. 13,650 square feet Dimensional shingle roof installed in 2021 Commercial Peerless boiler system Commercial natural gas hot water system Hardwired smoke/fire detection with battery backup Electrical wiring installed in conduit On-site coin-operated laundry with room for expansion Tenants pay for electricity and internet. Owner pays heat, water/sewer, trash service, and lawn maintenance. Ideally located near Barton College, schools, shopping, medical facilities, and major highways including I-95, US-264, and I-795. Wilson continues to experience strong economic growth driven by advanced manufacturing, life sciences, and more than $300 million in planned mixed-use development surrounding the city's new downtown sports and entertainment district. Whether you're seeking a stable income-producing investment, a value-add multifamily opportunity, or a long-term redevelopment play, Pine Forest Apartments offers an exceptional combination of historic character, dependable cash flow, and future appreciation potential. Property Information Package, rent roll, leases, survey, and additional due diligence materials are available upon request.

Listing By: Linda Terry - Tranzon Key HiveMLS Realty.com
  • MLS# 100594412
  • Date Listed08/06/2026
  • Days on Realty 23 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 1 acres (43,560 sq. ft)
  • Subdivision Other
  • County Wilson
  • Year Built 1933
  • Square Feet 13,650 sq. ft
  • Price Per Sq. Ft $72.89

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 1.00
  • Lot Size SQFT 43,560.00
  • Lot Features -

Directions

Directly on US264, just West of Ward Blvd Rt 42

Financial Considerations

Schools near 27896

Explore the local neighborhood highlights and top-rated schools near 27896 in Wilson, NC.

Nearby Schools

Source: School Digger

Margaret Hearne Elementary

Public • PK - 5 • Serves this home

2.52 mi

Distance

John W Jones Elementary

Public • PK - 5

3.27 mi

Distance

Forest Hills Middle

Public • 6 - 8 • Serves this home

1.43 mi

Distance

Wilson Academy Of Virtual Education

Public • 4 - 12

2.52 mi

Distance

Toisnot Middle

Public • 6 - 8

2.8 mi

Distance

Milton M Daniels Learning Center

Public • 6 - 8

3.08 mi

Distance

Charles H Darden Middle

Public • 6 - 8

4.21 mi

Distance

Springfield Middle

Public • 6 - 8

8.69 mi

Distance

Fike High

Public • 9 - 12 • Serves this home

2.8 mi

Distance

Wilson Early College Academy

Public • 9 - 12

3.33 mi

Distance

James Hunt High

Public • 9 - 12

4.87 mi

Distance

Beddingfield High

Public • 9 - 12

8.91 mi

Distance

Wilson Academy Of Applied Technology

Public • 9 - 12

8.91 mi

Distance

Greenfield School

Private • PK - 12

2.49 mi

Distance

Wilson Christian Academy

Private • PK - 12

2.71 mi

Distance

Community Christian School

Private • KG - 12

5.74 mi

Distance

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 27896

Discover key demographics, population statistics, and environmental insights for the Wilson, NC area.

Population & Environment

Source: Sperling's Best Places

Walkability in NC / 27896

Source: Walk Score

35/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

40/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 17/100, Transit Score: 0/100, Bike Score: 31/100.

Points of Interest near 915 Raleigh Rd Parkway W, Wilson, NC 27896

Frequently Asked Questions for 915 Raleigh Rd Parkway W

Source: Realty.com

915 Raleigh Rd Parkway W, Wilson, NC 27896 in Other, Wilson, NC 27896 is a commercial sale listed at $995,000. Highlights include 13,650 sq. ft., built in 1933, 1.00 acre lot, $73 per sq. ft.. Realty.com has 11 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 11 photos of 915 Raleigh Rd Parkway W.

Our records indicate that 915 Raleigh Rd Parkway W was built in 1933.

The full address for this home is 915 Raleigh Rd Parkway W, Wilson, NC 27896.

915 Raleigh Rd Parkway W has been listed on Realty.com since Thu August 06, 2026

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 17/100, Transit Score: 0/100, Bike Score: 31/100.

There are 3 schools assigned to this home. Check out the schools near 915 Raleigh Rd Parkway W. Margaret Hearne Elementary (Grades: PK - 5), Forest Hills Middle (Grades: 6 - 8), Fike High (Grades: 9 - 12)

Listing provided courtesy of: Tranzon Key (tel: 703-539-8111)
Listing agent: Linda Terry (tel: 888-621-2110) (#847500522)

This content last refreshed on 2026-08-29 18:55:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.