*Renovations will be completed prior to sale
- Touch up paint
- Painting front door black, front steps gray
- New outlets/Covers
- New stainless steel stove vent hoods
- Bathroom vanity hook ups along with vanity mirrors
- Open to other requests
Summary
| Total After Repair Value | Quadplex Buy and Hold |
| Total Optimized Rent | $5,000+ (Based On Sec 8 Voucher) |
| Total Current Rent | Vacant – Place your own tenants |
| Starting Price | $465,000 |
| Buy it Now Price | $475,000 |
Property
| Address | Unit | Beds | Baths | Sqft | Acres | Features | Current Rent | Optimized Rent |
| 1406 N O’Henry Blvd | A | 3 | 1 | 1,150 | .35 | Private 4 seasons Sunroom | $0 | $1,100+ |
| 1406 N O’Henry Blvd | B | 3 | 1 | 1,150 | .35 | Private Garage | $0 | $1,100+ |
| 1406 N O’Henry Blvd | C | 2 | 1 | 635 | .35 | N/A | $0 | $1,400+ |
| 1406 N O’Henry Blvd | D | 2 | 1 | 635 | .35 | N/A | $0 | $1,400+ |
Comparables
| Subject | City | Comp Link |
| 1406 N O’Henry Blvd | Greensboro | Click Here |
Details
| System | Notes |
| Roof | Recently replaced – Unknown year |
| Heating | Baseboard Heat |
| Air Conditioning | Window Units (Not Included) |
| Plumbing | Copper and cast iron with some pex and pvc updates |
| Electrical | Separate Meters for each unit – No known issues (2 units having new meters installed after inspection) |
| Windows | Vinyl (2025) |
| Foundation | Concrete Slab |
| Water Heater | Electric – separate heaters for each unit |
| Water Source | City – separate meters for each unit |
| Sewer Source | City |
Description
🔥 Fully Renovated Quadplex in Greensboro — Strong Cash Flow, Prime Visibility, and Turnkey Condition
Introducing a beautifully updated four-unit multifamily property in Greensboro offering the perfect blend of cash flow, convenience, updated finishes, and long-term appeal. With two 3-bedroom units and two 2-bedroom units, each with a full bath, this quadplex is positioned to generate $5,000+ per month in rents with ease.
Every unit has been thoughtfully renovated to attract quality tenants while minimizing future maintenance — making this an ideal addition to any investor’s portfolio.
✨ Property & Renovation Highlights
This quadplex has undergone a full modernization, including:
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New luxury vinyl plank flooring throughout
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Fresh interior paint
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Granite countertops
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Updated bathrooms
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New roof
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New vinyl windows
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Upgraded lighting fixtures
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Stainless steel appliances
These improvements create a consistent, modern renter experience while significantly reducing turnover and repair expenses.
🌟 Unique Premium Features (Rare in Multifamily)
Unit A – 4-Season Sunroom
A spacious, light-filled four-season sunroom that opens directly onto the shared fenced backyard — an incredible value add for tenants and a standout feature in this rental market.
Unit B – Private Attached Garage
A true rarity in multifamily: a private, attached garage with direct access into the unit. This convenience elevates rentability and tenant satisfaction for years to come.
📍 Location Benefits
Positioned just off Highway 29, this quadplex offers quick access to:
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Downtown Greensboro
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Retail, restaurants, universities and everyday conveniences
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Major transportation routes including 29, 85, and 840
While some investors might overlook properties near highways, this location offers something valuable: constant proximity and clear visibility. Owners and property managers can easily keep tabs on the building’s condition simply through day-to-day commuting. It’s a level of natural oversight that quietly benefits long-term management and helps protect your investment. Let your friends, family and network know that you own this gem so they can help you keep an eye on things.
💰 The Investment Case
With its upgraded condition, desirable unit mix, and strong demand, this quadplex presents:
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Projected rents of $5,000+/month
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Premium features that attract long-term tenants
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A fully modernized building positioned for appreciation
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A convenient, central location in a growing market
This is a property that performs well on paper and feels solid in person — the kind of investment you don’t have to chase down to check on. It’s close, visible, accessible, and ready to generate consistent income. Have pride every time you drive by knowing you own this beautiful multi family complex.
🔑 Summary
This Greensboro quadplex delivers the rare combination of turnkey renovations, strong rental income, unique tenant-pleasing features, and a strategic location that supports effortless long-term oversight. Whether you’re expanding your portfolio or securing your first multifamily asset, this property provides both immediate value and lasting stability.
Offer Process
Highest and best offer wins, beat the competition by choosing to “Buy it Now” at the listed ‘Buy it Now Price’
Showings
Contact Robert for showings – 704-707-6945.
Disclosures
- ALL LISTINGS ARE ASSIGNMENT OF CONTRACT, DOUBLE CLOSE OR FOR SALE BY OWNER.
- SELLERS DO NOT YET OWN IF MARKETED AS ASSIGNMENT OF CONTRACT OR DOUBLE CLOSE.
- CASH OR HARD MONEY ONLY.
- MUST CLOSE WITH OUR ATTORNEY UNLESS PROPERTY IS COMPANY OWNED.
- SELLERS ARE LICENSED NC REAL ESTATE AGENTS AFFILIATED WITH LEGACY REAL ESTATE SERVICES.
- BUYERS TO PAY SELLER’S CLOSING COSTS UNLESS COMPAY OWNED.
- $5,000 NON-REFUNDABLE EARNEST MONEY DEPOSIT DUE ONCE UNDER CONTRACT.
- EARNEST MONEY DEPOSIT IS REFUNDABLE IF CLEAR AND MARKETABLE TITLE CANNOT BE OBTAINED BY CLOSING.
- SELLERS MAKE NO REPRESENTATIONS REGARDING CONDITION, UTILITIES, VALUE AND/OR LOT LINES. PLEASE DO YOUR OWN DUE DILIGENCE.