Sold
Last Sold Price
638 S Elm St, Unit 4, High Point, NC 27260
Multi FamilyProperty Type
0.35 acresLot Size
1990Year Built

Description

BEST and HIGHEST OFFER ACCEPTED UNITIL SATURDAY, FEBRUARY 19 @ 3 PM. Three bedrooms/1 bath w/open floor plan of kitchen/living room; 23'5' x 12'9". Units 24'x36' +/-. Monthly income $2650. Walking distance to Main St. /downtown. All units occupied. 1 level; in front parking; central air and heat; all electric; vinyl siding. Half of the units updated. Tenants responsible for paying all utilities. Same management for 14 years; well maintained. Current Rents average from $555 non updated units to $799...BEST and HIGHEST OFFER ACCEPTED UNITIL SATURDAY, FEBRUARY 19 @ 3 PM. Three bedrooms/1 bath w/open floor plan of kitchen/living room; 23'5' x 12'9". Units 24'x36' +/-. Monthly income $2650. Walking distance to Main St. /downtown. All units occupied. 1 level; in front parking; central air and heat; all electric; vinyl siding. Half of the units updated. Tenants responsible for paying all utilities. Same management for 14 years; well maintained. Current Rents average from $555 non updated units to $799 on updated units, as units get updated or renewed, they can rent for $799 per unit or more depending on market rate, to reach a potential rental income of $3196.00 or higher a month. See agent remarks! Price of $312,500 per building, must sell together with listing #1058396 634 S. Elm St.
  • Listed by: Heather Mullican Coleman • Vista Realty, Inc.
  • Listed by: Maricela Higgins • Vista Realty, Inc.
Listing closed: 04/20/2022 12:00 AM • Source: TRIAD, MLS#: 1058742

Recent comparable sales

Median sold price

$255,000

Avg days on market

50

Sale-to-list ratio

112.3%

High Point, NC

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Location

Listing Courtesy of Vista Realty, Inc.

Sold By Nonmls

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$1,604 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,421

Property Taxes

$183

HOA Dues

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Property Information for 638 South Elm Street, Unit 4

Property Details
  • Taxes: $2,194 / year
  • MLS Type: Residential Income / Apartment
  • Zoning: RM-12
Building Information
  • Building/Complex: 638 S Elm St
  • Residences: 4
  • Year Built: 1990
Summary
Location and General Information
  • County Or Parish: Guilford
  • City: High Point
  • Directions: I40 East towards Greensboro, exit on I-74 towards US-311 S/High Point, Exit 65 towards NC-1993 S, right turn onto S Elm St, 638 S Elm St. on right.
  • Latitude: 35.945874
  • Longitude: -80.005364
  • Postal Code: 27260
  • Postal Code Plus 4: 7586
Taxes and HOA Information
  • List AOR: Winston-Salem
  • Tax Rate: 1.38%
  • Tax Annual Amount: $2,193.78
  • Tax Assessed Value: $159,200.00
  • Tax Year: 2021
  • Parcel Number: 171997
  • Association: No
Parking
  • Parking Features: Gravel, Paved
School Information
  • High School: Call School Board
  • Elementary School: Call School Board
Property
Lot Information
  • Lot Features: Flat
  • Lot Size Acres: 0.35
  • Lot Size Dimensions: 73'x208'x72'x213'
  • Approx Sq Ft Range: 700 - 1000
  • Storage: Closet
  • Total Heated Finished SqFt Range: 0 - 0
  • Water Source: Public
  • Year Built: 1990
Property and Assessments
  • Photos Count: 8
  • Property Type: Residential Income
  • Deed Book: 007953
  • Deed Page: 01758
  • Documents Count: 2
Green Features
  • Energy Features: Storm Doors
Utilities
  • Heating Fuel: Electric
  • Sewer: Public
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch
  • Pool Features: None
  • Door Features: Storm Door(s)
  • Construction Materials: Vinyl Siding
  • Laundry Features: None, Washer/Dryer Connection
  • Accessibility Features: 2 or more Access Exits,Accessible Kitchen Appliances,Accessible Parking
  • Pool: No
Interior Features
  • Appliances: Water Heater: Electric
  • Cooling: Central Air
  • Flooring: Carpet, Tile, Vinyl, Vinyl Plank
  • Heating: Forced Air, Heat Pump, Electric
Multi Family
Multi-Family Information
  • Number of Unfurnished Units: 4
  • Total Units: 4
  • Unit Number: 4
  • Units Furnished: None
  • Number Of Units In Community: 4
Income & Expenses Information
  • New Taxes Expense: $2,193.78
Rental
Rental Information
  • Listing Agreement: Exclusive Right To Sell
  • Number Of Units Leased: 4

Property History for 638 South Elm Street, Unit 4

DateEvent & SourcePriceAppreciation
Apr 20, 2022

Sold

TRIAD #1058742

$275,000
Feb 24, 2022

Pending

TRIAD #1058742

Feb 24, 2022

Listed (Active)

TRIAD #1058742

DateEvent & SourcePrice
04/20/2022

Sold

TRIAD #1058742

$275,000
02/24/2022

Pending

TRIAD #1058742

02/24/2022

Listed (Active)

TRIAD #1058742

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 638 South Elm Street, Unit 4

This home is within Guilford County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 13
Rating
School
Distance
Fairview Elementary School
PublicPK to 5

Ferndale Middle School
Public6 to 8

High Point Central High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 638 South Elm Street, Unit 4, High Point, NC 27260
$275,000
15,246
$392,000
4
3,456
15,246
$8,000
4
2,572
16,117
$392,000
3,456
16,553
$280,000
$275,000
16,552

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vista Realty, Inc.

Copyright 2026 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.