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$400,000 Sale Pending
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Property Description
A distressed multifamily property with potential for value addition. It comprises a total of 5 units. Two of these units are currently leased on a month-to-month basis at a rate of $950 per month. The remaining three units are vacant and have been updated with new flooring, windows, and paint. Tenants are responsible for their electric bills, (Individually metered) while the owner covers the costs of water, sewer, and trash services. The owner has indicated that no T-12 or rent rolls are available. The market rent is conservatively estimated at $1045 per month for each unit. Rent comps in documents and can be provided.
Full Property Details
Full Property Details for 3425 Martin Ave
General
- Price: $400,000
- Taxes: $2,830
- Status: Pending
- Type: Apartment
- Source: Triad_MLS
- MLS ID: 1202971
- Updated: 1/15/2026
- Added to Site: 56 day(s) ago
Interior
- Appliances: Electric Water Heater
- Flooring: Vinyl
Rooms
Other Rooms
- Laundry: Washer/Dryer Connection
Exterior
- Exterior Features: None
Parking
- Total Spaces: 5
- Parking Features: Gravel
Location
- County: Guilford
- Driving Directions: From I-40/I-85 Exit 131 slight right toward I-785 N/I-840 W and merge. Take exit 14B-A for US-29 S ramp. Turn right onto McKnight Mill Rd. Turn right onto Martin Avenue
- City Limits: Yes
School Information
- Elementary School: Rankin
- Middle School: Eastern
- High School: Eastern
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard, Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Garden
- Exterior Const.: Block, Brick
- Year Built: 1962
Lot Features
- Lot Size (Acres): 0.61
- Lot Dimensions: 102 x 243 x 101 x 260
- Lot Features: City Lot
Financial Considerations
- Price Per Acre: $655,737.7049
- Tax Amount: $2,830
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Owner Sale
- Lot Number: 29-32
Listed by Keller Williams Central
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Schools
Schools serving 3425 Martin Ave
School District:Guilford County Schools
| Name | Grades | Distance |
|---|---|---|
Rankin Elementary School 1501 Spry Street, Greensboro, NC 27405 | PK-5 | 0.4 mi |
Eastern Middle School 435 Peeden Drive, Gibsonville, NC 27249 | 6-8 | 8.3 mi |
Eastern Guilford High School 415 Peeden Drive, Gibsonville, NC 27249 | 9-12 | 8.3 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 3425 Martin Ave
Date
Details
Price
Change
Source
11/24/2025
Listed
$400,000
900%
MLS
2/10/2012
Sold
$40,000
—
Public Record
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
Tax History for 3425 Martin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,858
—
$230,800
-10%
2024
$2,858
—
$255,200
11%
2023
$2,858
3%
$230,800
—
2022
$2,777
80%
$230,800
108%
2021
$1,546
—
$111,000
—
2020
$1,546
—
$111,000
—
2019
$1,546
2%
$111,000
—
2018
$1,513
—
$111,000
—
2017
$1,513
2%
$111,000
4%
2016
$1,478
—
$106,800
—
2015
$1,476
-1%
$106,800
—
2014
$1,498
—
$106,800
—
2013
$1,498
—
$106,800
—
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
Estimate the Cost for 3425 Martin Ave
3425 Martin Avenue, Greensboro, NC 27405 (MLS# 1202971) is a Apartment property with 0 bedrooms and 0 full bathrooms. 3425 Martin Avenue is currently listed for $400,000 and was received on November 24, 2025. Want to learn more about 3425 Martin Avenue? 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.

