2507 W Vandalia Rd Greensboro, NC 27407
Vandalia NeighborhoodEstimated payment $2,058/month
About This Home
Investor’s dream! This unique 0.61-acre property features a quadruplex and a mechanic shop, offering strong income potential and versatility. Two of the four units are currently rented, generating immediate cash flow, while the two unit provides an opportunity for additional income or renovation. Per seller New Roof in November/December 2024.
The mechanic shop adds even more value—perfect for a business owner or as a rental for commercial use. With a combination of residential and commercial appeal, this property is ideal for seasoned investors or those looking to expand their portfolio. Currently rented at $1,000/mo lease expires 2026
Conveniently located and full of potential—don’t miss your chance to own this multi-use income-producing property!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,505
Year Built
- Built in 1925
Lot Details
- 0.61 Acre Lot
Parking
- Gravel Driveway
Home Design
- Quadruplex
Schools
- Allen Middle School
- Smith High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Electric Water Heater
Community Details
- No Home Owners Association
- 4 Units
- Burris Property Subdivision
Listing and Financial Details
- Assessor Parcel Number 82698
- 1% Total Tax Rate
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $1,505 | $107,300 | $24,000 | $83,300 |
| 2022 | $1,463 | $107,300 | $24,000 | $83,300 |
| 2021 | $1,374 | $98,600 | $18,000 | $80,600 |
| 2020 | $1,374 | $98,600 | $18,000 | $80,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | For Sale | $350,000 | 0.0% | -- |
| 06/27/2025 06/27/25 | Pending | -- | -- | -- |
| 05/21/2025 05/21/25 | Price Changed | $350,000 | -6.7% | -- |
| 05/16/2025 05/16/25 | For Sale | $375,000 | 0.0% | -- |
| 05/02/2025 05/02/25 | Pending | -- | -- | -- |
| 04/09/2025 04/09/25 | For Sale | $375,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $180,000 | None Available |
Source: Triad MLS
MLS Number: 1176852
APN: 0082698
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