1722 Brice Street, Greensboro, NC 27403 - Photo 1

1/1

$1,300,000

Sold
Closed
Apartment
24 Beds
24 Full Baths
11,520 Sq. Ft.
1.21 Acres

1/1

Property Description

This 12-unit, 24-bedroom property is located within walking distance to the University of North Carolina at Greensboro and within minutes of multiple retail, dining, entertainment and employment centers. The property features identical two-bedroom and two-bathroom units that were last renovated in 2017. Ownership just completed an operational conversion from by-the-bed leases, to by-the-unit leases. The property is now 100% leased with an average rent of $1,125 per unit. With units now leased by-the-unit, a buyer will benefit from simplified operations on a go-forward basis and has the opportunity to push rents and capture utility income next summer. The offering represents a great opportunity to acquire a stabilized asset, with income upside, in one of North Carolina's growing markets.

Full Property Details

Full Property Details for 1722 Brice St

General

Sold For: $1,300,000
Taxes: $10,654
Status: Closed
Type: Apartment
Source: 2218
MLS ID: 10122059
Added to Site: 123 day(s) ago

Rental Information

Lease/Rent Term: 12 Months

Interior

Flooring: Concrete, Vinyl, Plank

Rooms

Bathrooms

Total Bathrooms: 24
Full Bathrooms: 24

Bedrooms

Total Bedrooms: 24

Parking

Parking Features: Off Street

Location

County: Guilford
Subdivision: Not in a Subdivision
City Limits: Yes

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Central Air
Heating Type: Central, Heat Pump

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Structure Type: Multi Family
Exterior Const.: Vinyl Siding
Roof: Shingle
Stories/Levels: 2
Building Size: 11520
Square Feet: 11,520
Finished Above Grnd: 11,520 Sq. Ft.
Year Built: 1990

Lot Features

Lot Size (Acres): 1.21
Lot Size (Sq. Ft.): 52,707.6

Financial Considerations

Tax Amount: $10,654.66

Disclosures and Reports

Special Conditions: Standard
Property ID: 7854744586
Lot Number: 1

Listed by Deaton Investment Real Estate, Thomas Furlow (919) 412-3913
Non Member Office

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Listing agent

— 1722 Brice St —

Thomas Furlow

Deaton Investment Real Estate

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Schools

Schools serving 1722 Brice St

School District:Guilford County Schools

Name	Grades	Distance
John Van Lindley Elementary School 2700 Camden Road, Greensboro, NC 27403	PK-5	0.6 mi
Kiser Middle School 716 Benjamin Parkway, Greensboro, NC 27408	6-8	1.2 mi
Grimsley High School 801 North Josephine Boyd Street, Greensboro, NC 27408	9-12	1.1 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 1722 Brice St

Date

Details

Price

Change

Source

11/19/2025

Sold

$1,300,000

-2.62%

MLS

9/16/2025

Listed

$1,335,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1722 Brice Street, Greensboro, NC 27403 (MLS# 10122059) is a Apartment property that was sold at $1,300,000 on November 19, 2025. Want to learn more about 1722 Brice Street? Do you have questions about finding other Apartment real estate for sale in Greensboro? You can browse all Greensboro real estate or contact a Coldwell Banker agent to request more information.

1722 Brice St Greensboro, NC 27403