3838 West Ave

For Sale

3838 West Ave, Greensboro, NC 27407

This Greensboro property for sale is located at 3838 West Ave. The general use of 3838 West Ave is multi-family and it incorporates 10,090 square feet of class B multi-family space. The current listed sale price for 3838 West Ave is $1,400,000. 3838 West Ave is situated on a lot that is 0.87 acre in size.

Contacts

broker
Edwin Byler

eXp Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 10,090 SF
  • Units 12
  • Lot Size 0.87 Acre
  • Parking Spaces Avail. 16
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1968
  • Year Renovated 2023
  • Date Updated Dec 18, 2024
3838 West Ave, Greensboro, NC is ideally situated in a prime and highly accessible location in Greensboro, North Carolina. This multifamily property offers excellent proximity to key amenities, transportation, and major roadways, making it an attractive option for tenants and investors alike. Convenient Access to Major Highways: The property is strategically located near major thoroughfares, including Interstate 40 and US Highway 29, providing quick and easy access to downtown Greensboro, surrounding areas, and regional destinations. Proximity to Amenities: Residents enjoy being within minutes of a wide variety of dining, shopping, and entertainment options, including the Friendly Center, one of Greensboro’s premier shopping centers, and various local retail establishments. Public Transit and Walkability: With public transportation options nearby, tenants can easily commute throughout the city. The property’s location is also within walking distance to parks, schools, and local businesses, making it a highly desirable spot for renters. Thriving Neighborhood: The property is located in a vibrant, growing neighborhood that continues to see development and improvements. With a mix of residential, retail, and green spaces, this area offers both convenience and a strong sense of community. Nearby Schools & Parks: Ideal for families, the property is close to several reputable schools and recreational parks, providing an added layer of appeal for potential tenants. This location offers the perfect blend of convenience, accessibility, and growth potential, making 3838 West Ave a highly desirable property for investors and tenants alike.We are pleased to present this highly attractive 12-unit multifamily investment property located at 3838 West Ave in Greensboro, NC. This well-maintained property offers two-bedroom, townhome style units, making it a prime opportunity for investors seeking a stable income stream in a growing market. The property’s central location provides tenants with easy access to essential amenities, including public transportation, shopping, schools, and major highways. Property Features: 12 total units featuring a Two-bedroom, townhome style apartment. High occupancy rates and consistent rental demand. Recently updated common areas and key systems. Off-street parking available for tenants. Located in a desirable, growing neighborhood close to local amenities, parks, and transit. Well-maintained property with low maintenance costs. Investment Highlights: Strong cash flow with the potential for future rent increases. Stable tenant base and long-term rental history. Some upside potential for value-add improvements. Perfect for investors looking for an income-producing asset. This property offers a fantastic opportunity to invest in a high-demand multifamily asset in Greensboro NC. Don’t miss out on this chance to secure a profitable property with strong growth potential. Contact us today for more information or to schedule a private tour.
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Highlights

  • - 10,090 SF building
  • - 12 units
  • - Built in 1968, renovated in 2023
  • - Zoned RM-18
  • - Located in the Triad area
  • - 100% occupancy
  • - Modern amenities
  • - Strong rental market
  • - Proximity to local conveniences
  • - Well-maintained
  • - Dedicated parking
  • - Updated interiors
  • - Exterior Repairs/CAPEX

Attachments

Getting around

  • 54/100

    Walk Score ®

  • 33/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Greensboro, NC
  • Neighborhood Fairview Homes
  • Zip Code 27407
  • Market Winston Salem Greensboro

Points of Interest

  • Greensboro

    4.44 miles

  • BP

    0.39 miles

  • Shell

    0.56 miles

  • Marathon

    0.62 miles

  • Exxon

    1.16 miles

  • Citgo

    1.31 miles

  • Speedway

    1.39 miles

  • ChargePoint

    1.63 miles

  • Pantry Shop

    1.68 miles

  • Circle K

    1.74 miles

  • Tesla Supercharger

    3.00 miles

  • Oakland Avenue Parking Deck

    3.11 miles

  • Walker Avenue Parking Deck

    3.16 miles

  • McIver Parking Deck

    3.55 miles

  • Parking - Tanger Family Bicentennial Garden

    3.68 miles

  • Eugene Street Parking Deck

    4.25 miles

  • Greene Street Deck

    4.27 miles

  • Lincoln Financial Parking Garage

    4.39 miles

  • Bellemeade St. Parking Deck

    4.42 miles

  • Church Street Parking Deck

    4.56 miles

  • GLC and Honors Lot

    4.66 miles

  • TownePlace Suites Greensboro Coliseum Area

    0.69 miles

  • Comfort Suites Four Seasons

    0.71 miles

  • Best Western Plus

    0.74 miles

  • Howard Johnson by Wyndham Greensboro Near the Coliseum

    0.75 miles

  • Drury Inn & Suites

    0.80 miles

  • Baymont Greensboro/Coliseum

    0.81 miles

  • Ramada Greensboro

    0.84 miles

  • 2907 Keeler Street

    0.92 miles

  • Sheraton Greensboro at Four Seasons

    0.99 miles

  • DoubleTree by Hilton Hotel Greensboro

    1.10 miles

  • Dong Phuong

    0.43 miles

  • ALDI

    0.46 miles

  • Mekong International Market

    0.51 miles

  • Li Ming's Global Market

    0.56 miles

  • Walmart Neighborhood Market

    0.62 miles

  • Four Seasons Town Centre

    1.20 miles

  • Burlington

    1.21 miles

  • Oasis Tienda Latina

    1.40 miles

  • New York Grocery

    1.48 miles

  • Food Lion

    1.63 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Edwin Byler

eXp Commercial

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