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$350,000 Sale Pending

  • For Sale
  • Pending
  • Apartment
  • 0.61 Acres
  • Updated 10 days ago
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Back on the Market, No Fault of the Seller. This is a highly distressed five-unit multifamily property offering strong value-add potential for experienced investors prepared to take on extensive renovation and stabilization work. This asset is not turnkey and will require capital investment to reach optimal performance. The property consists of five total units. Two units are currently occupied on a month-to-month basis at $950 per month.The remaining three units are vacant and have received partial updates, including new flooring, windows, and fresh paint; however, additional work should be expected throughout the property. Utilities are structured with electric individually metered and paid by tenants, while water, sewer, and trash are owner-paid. The seller has disclosed that no T-12 financials or formal rent roll are available. Market rents are conservatively estimated at $1,045 per unit, with rental comps available upon request.

Full Property Details for 3425 Martin Ave

General

  • Price: $350,000
  • Taxes: $2,830
  • Status: Pending
  • Type: Apartment
  • Source: Triad_MLS
  • MLS ID: 1202971
  • Updated: 3/25/2026
  • Added to Site: 132 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: $573,770.4918
  • 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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Listing agent

— 3425 Martin Ave —

  • Keller Williams Central

Keller Williams Central 336-227-4433

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 3425 Martin Ave

School District:Guilford County Schools
NameGradesDistance
Rankin Elementary School
1501 Spry Street, Greensboro, NC 27405
PK-50.4 mi
Eastern Middle School
435 Peeden Drive, Gibsonville, NC 27249
6-88.3 mi
Eastern Guilford High School
415 Peeden Drive, Gibsonville, NC 27249
9-128.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3425 Martin Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/02/2026
Price Reduced
$350,000
-12.5%
MLS
11/24/2025
Listed
$400,000
900%
MLS
2/10/2012
Sold
$40,000
—
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 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
—
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.

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NMLS#: 1598647

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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 $350,000 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.

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