$479,500
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818 W Main Street, Elkin, NC 28621

Investment opportunity on W Main St. near Historic downtown Elkin. This quadplex contains 4 completely renovated two bedroom, one bath apartments completed in 2019. All four apartments are currently rented. Each apartment measures just under 920SF, building features a common hallway leading to two apartments on the second level, two apartments on the main level and a full-size basement on the lower level. Tenants enjoy new recessed lighting, new flooring, remodeled kitchen w/ new appliances, updated baths, laundry closet. Each apartment has a back door leading to metal fire escape and the backyard. The exterior is comprised of brick for lower maintenance. Additional storage is in the unfinished basement. Located in the heart of the Yadkin Valley, and within walking distance to Elkin Municipal Park, Yadkin River, Mountains-to-Sea Trail, top-rated Elkin City Schools, Elkin Library. Easy walk to Historic Downtown Elkin. Using market rent & NOI of $35,252=a cap rate of 7.35%

  • MLS# 1018468
  • Date Listed03/29/2021
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Apartment
  • County Surry
  • Year Built 1964
  • Water Public

Interior Features

  • Appliances Electric Water Heater
  • Cooling Heat Pump
  • Heating Heat Pump, Electric

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features City Lot

Financial Considerations

  • Tax Amount $3,151
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in NC / 28621

Source: Walkscore

15/100

Car-Dependent

Walk Score ®

5/100

Bikable

Bike Score ®

Overview

Almost all 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: 6/100, Transit Score: 0/100, Bike Score: 7/100.

Points of Interest near 818 W Main Street, Elkin, NC 28621

Frequently Asked Questions for 818 W Main Street

Source: Realty.com

818 W Main Street, Elkin, NC 28621 is a Apartment, Residential property listed for $479,500 The property is - sq. ft with - bedrooms and 0 bathrooms

Realty.com has 20 photos of 818 W Main Street.

Our records indicate that 818 W Main Street was built in 1964.

The full address for this home is 818 W Main Street, Elkin, NC 28621.

818 W Main Street has been listed on Realty.com since Mon March 29, 2021

Almost all 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: 6/100, Transit Score: 0/100, Bike Score: 7/100.

There are 3 schools assigned to this home. Check out the schools near 818 W Main Street. Elkin Elementary School (Grades: PK - 6), Elkin Middle School (Grades: 7 - 8), Elkin High School (Grades: 9 - 12)

Listing provided courtesy of: Underdown, Ball & Associates, Llc (tel: 336-835-2256)
Listing agent: Robert Ball (tel: 336-366-9212) (#WBALROB)

This content last refreshed on 2025-11-28 16:04:35. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 818 W Main Street, Elkin, NC 28621 : MLS# 1018468