403 Gilmer Street Extension
Reidsville, NC 27320
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Bed
0
Bath
0.44Acre(Lot)
Excellent opportunity featuring an 8-unit complex conveniently located near downtown shopping, dining, & local amenities. Each spacious unit features 2 bedrooms, 1 full bath, a kitchen with breakfast area, separate dining room, and a generously sized living room. All units include a refrigerator & free-standing range/oven, & each apartment has its own individual heat pump. Some units have been updated with durable LVP flooring, while others still maintain carpeted areas, offering future value-add potential. Designated parking spaces along with additional street parking for tenants and guests. The property has a strong rental history with most tenants being long-term. Current rental rates range $625 to $950 per month, presenting an excellent opportunity for increased cash flow with future
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Appliances: Electric Water Heater Laundry Features: Common Area Window Features: Insulated Windows -
Heating & Cooling
Has Heating: Yes Heating: Heat Pump, Electric Has Cooling: Yes Cooling: Central Air, Heat Pump
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Building Information
Year Built: 1940 Construction Materials: Block Pool Features: None Private Pool: No
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Lot Information
Lot Size Acres: 0.44 Lot Description: City Lot, Cleared
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Listing Price Information
Listing Price: $595000 Cash, Conventional
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Tax Information
Annual Tax: $4947
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Parking Information
Parking Total: 12 Assigned, Gravel, Paved
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Location Information
Direction: From S Scales Street turn onto Gilmer Street, the property will be on your left. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 123 Robbie Scott Trail, Reidsville, NC, 27320 | $244,900 | 3 | 1 | 1,111 | 1,111 SqFt |
| 285 Trails End Road, Reidsville, NC, 27320 | $425,000 | 3 | 3 | 3,044 | 3,044 SqFt |
| 341 Somers Loop, Reidsville, NC, 27320 | $375,000 | 4 | 3 | 1,746 | 1,746 SqFt |
| 230 Lick Fork Lane, Reidsville, NC, 27320 | $269,900 | 4 | 2 | 1,620 | 1,620 SqFt |
| 2070 Grooms Road, Reidsville, NC, 27320 | $420,000 | 3 | 3 | 1,938 | 1,938 SqFt |
| 1224 Mizpah Church Road, Reidsville, NC, 27320 | $325,000 | 4 | 4 | 2,300 | 2,300 SqFt |
| 1404 Ballymena Drive, Reidsville, NC, 27320 | $175,500 | 3 | 2 | 1,024 | 1,024 SqFt |
| 366 Brooks Road, Reidsville, NC, 27320 | $145,000 | 2 | 1 | 1,377 | 1,377 SqFt |
| 1104 Barnes Street, Reidsville, NC, 27320 | $95,000 | 2 | 1 | 1,170 | 1,170 SqFt |
| 514 Barnes Street, Reidsville, NC, 27320 | $169,900 | 2 | 1 | 1,245 | 1,245 SqFt |
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Nearby For Sale
Listing information © 2026 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than ByOwner are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Data last updated 06/19/2026 @ 13:57
ByOwner last updated this listing 06/19/2026 @ 13:57
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