325 327 329 331 Wheeler Avenue, High Point, NC 27260

$660,000

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Sold Price
$660,000
List Price
$689,900
Closing Date
Jul 13, 2026
MLS#
1220027
Status
CLOSED
Type
Multifamily
Subtype
Remarks

Property Description

Turnkey opportunity to acquire a renovated multifamily portfolio in High Point, NC consisting of three duplexes and one single-family home. The portfolio includes a 1BR/1BA home at 325 Wheeler, a duplex with two 3BR/1BA units at 327 Wheeler, a duplex with two 2BR/1BA units at 329 Wheeler, and a duplex with two 1BR/1BA units at 331 Wheeler. The properties have undergone extensive improvements including new HVAC systems, flooring, appliances, plumbing, electrical, exterior improvements, gravel parking enhancements, and newly installed sewer holding tank/pump systems connected to municipal sewer. The portfolio is nearing full stabilization with strong rental demand and excellent cash-flow potential. Ideal opportunity for investors looking for renovated income-producing assets with major deferred maintenance already addressed.

Additional Information

Appliances
Electric Water Heater
Cooling Type
Central Air
Heating
See Remarks, Electric
Heating Fuel
Electric
Home Owners Assoc
Yes
Lot Dimensions
1.11
Parking
Driveway
Sewer
Remarks
Show Street Address
Yes
Total Units
7
Water
Public
Water Heater
Electric
Year Built
1960

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Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of GSO Realty Partners. Contact:

Selling Office: GSO Realty Partners.