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$829,900 Sale Pending

  • For Sale
  • Pending
  • Apartment
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Incredible investment opportunity! 3840 square foot 5-unit building, fully rented with all tenants living there for two years or more. All units are 2- bedroom units, 1- Bath each with their own parking space and plenty off street parking. Projected rental income of $86150 for 2025. All units has it's on water and power meter. NEW VINYL AND REPLACEMENT WINDOWS INSTALL LAST MONTH, ALL DISHWASHER REPLACED WITHIN THE LAST TWO MONTHS, ROOF REPLACED WITHIN THE LAST 2 YEARS. CENTRAL AIR/HEAT,LVP and WASHER/DRYER HOOK UPS IN ALL UNITS. All tenants are currently on a lease and all wish to remain in place.

Full Property Details for 312 Stokes St

General

  • Price: $829,900
  • Taxes: $1,614
  • Status: Pending
  • Type: Apartment
  • Source: Triad_MLS
  • MLS ID: 1197508
  • Updated: 10/10/2025
  • Added to Site: 109 day(s) ago

Interior

  • Appliances: Electric Water Heater
  • Flooring: Laminate

Rooms

Other Rooms

  • Laundry: Washer/Dryer Connection

Parking

  • Parking Features: Paved

Location

  • County: Alamance
  • Driving Directions: FROM E. WEBB AVE. TURN ONTO WHITSETT ST. THEN TURN RIGHT ONTO STOKES ST. PROPERTY WILL BE LOCATED ON YOU LEFT.
  • City Limits: Yes

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Heat Pump, Electric
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Two Story
  • Exterior Const.: Vinyl Siding
  • Year Built: 1984

Lot Features

  • Lot Dimensions: 101 x 153 x 100 x 152
  • Lot Features: City Lot, Level

Financial Considerations

  • Tax Amount: $1,614.5
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Owner Sale
  • Lot Number: 41

Listed by Elevation Realty

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Listing agent

— 312 Stokes St —

  • Elevation Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 312 Stokes St

School District:Alamance-Burlington Schools
NameGradesDistance
Harvey R Newlin Elementary
316 Carden Street, Burlington, NC 27215
PK-50.4 mi
Graham Middle
311 East Pine Street, Graham, NC 27253
6-81.8 mi
Graham High
903 Trollinger Road, Graham, NC 27253
9-122.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 312 Stokes St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/30/2025
Listed
$829,900
514.74%
MLS
9/14/2017
Sold
$135,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 312 Stokes St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,614
5%
$326,821
—
2024
$1,533
9%
$326,821
—
2023
$1,412
28%
$326,821
76%
2021
$1,102
—
$185,340
—
2022
$1,102
—
$185,340
—
2020
$1,102
-53%
$185,340
—
2019
$2,343
7%
$185,340
—
2018
$2,195
1%
$185,340
—
2017
$2,182
1%
$185,340
—
2016
$2,159
101%
$186,150
—
2015
$1,074
9%
$186,150
—
2014
$987
-2%
$186,150
—
2013
$1,005
—
$186,150
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 312 Stokes St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Elevation Realty

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312 Stokes Street, Burlington, NC 27215 (MLS# 1197508) is a Apartment property with 0 bedrooms and 0 full bathrooms. 312 Stokes Street is currently listed for $829,900 and was received on September 30, 2025. Want to learn more about 312 Stokes Street? Do you have questions about finding other Apartment real estate for sale in Burlington? You can browse all Burlington real estate or contact a Coldwell Banker agent to request more information.

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