818 W Main St

Elkin, NC 28621

$472,000
Last Sold Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 6/18/21
Closed 6/18/21

Description

Investment opportunity on W Main St. near Historic downtown Elkin. This quadplex contains 4 completely renovated two bedroom, one bath apartments completed in 2019. All four apartments are currently rented. Each apartment measures just under 920SF, building features a common hallway leading to two apartments on the second level, two apartments on the main level and a full-size basement on the lower level. Tenants enjoy new recessed lighting, new flooring, remodeled kitchen w/ new appliances, updated...Investment opportunity on W Main St. near Historic downtown Elkin. This quadplex contains 4 completely renovated two bedroom, one bath apartments completed in 2019. All four apartments are currently rented. Each apartment measures just under 920SF, building features a common hallway leading to two apartments on the second level, two apartments on the main level and a full-size basement on the lower level. Tenants enjoy new recessed lighting, new flooring, remodeled kitchen w/ new appliances, updated baths, laundry closet. Each apartment has a back door leading to metal fire escape and the backyard. The exterior is comprised of brick for lower maintenance. Additional storage is in the unfinished basement. Located in the heart of the Yadkin Valley, and within walking distance to Elkin Municipal Park, Yadkin River, Mountains-to-Sea Trail, top-rated Elkin City Schools, Elkin Library. Easy walk to Historic Downtown Elkin. Using market rent & NOI of $35,252=a cap rate of 7.35%
  1. Listed by Robert Ball • Underdown, Ball & Associates, Llc

Property Details for 818 West Main Street

Zoning
R12
LISTING UPDATED: 06/18/2021 06:13 PM

Property Details for 818 West Main Street

StatusClosed
MLS #1018468
Days on Market9
Taxes$3,151 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1964
CountySurry County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Underdown, Ball & Associates, Llc

Sold By Re/Max Impact Realty

Add your commute

Building Information for 818 West Main Street

Building/Complex818 W Main StFloor-Stories2Residences4Pet Policy-Pet Policy Details-Year Built1964Building Size-

Payment Calculator

Get preapproved with Rocket Mortgage1

$2,639 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,377

Property Taxes

$263

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 818 West Main Street

Summary
Location and General Information
  • County Or Parish: Surry
  • City: Elkin
  • Directions: Elk Spur Street to West Main Street, take left on West Main property on left just before Texas Street
  • Latitude: 36.246575
  • Longitude: -80.864832
  • Postal Code: 28621
  • Postal Code Plus 4: 3253
  • City Limits: Yes
Taxes and HOA Information
  • List AOR: Winston-Salem
  • Tax Rate: 1.26%
  • Tax Annual Amount: $3,151.00
  • Tax Assessed Value: $249,320.00
  • Tax Year: 2020
  • Parcel Number: 495113030736
  • Association: No
Parking
  • Parking Features: Driveway, Public On-Street Parking
School Information
  • High School: Elkin
  • Elementary School: Elkin
Property
Lot Information
  • Lot Features: City Lot
  • Total Heated Finished SqFt Range: 0 - 0
  • Water Source: Public
  • Year Built: 1964
Property and Assessments
  • Photos Count: 20
  • Property Type: Residential Income
  • Deed Book: 382
  • Deed Page: 395
  • Documents Count: 5
Utilities
  • Heating Fuel: Electric
  • Sewer: Public
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Stories: 2
  • Elevator: No
  • Construction Materials: Brick
  • Pool: No
Interior Features
  • Appliances: Water Heater: Electric
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
Multi Family
Multi-Family Information
  • Number of Unfurnished Units: 4
  • Total Units: 4
  • Units Furnished: None
  • Number Of Units In Community: 1
Rental
Rental Information
  • Listing Agreement: Exclusive Agency
  • Number Of Units Leased: 4

Property History for 818 West Main Street

DateEvent & SourcePriceAppreciation
Jun 18, 2021

Sold (Public Record)

Public Record #1465431378

$472,000—
Jun 18, 2021

Sold

TRIAD #1018468

$472,000—
Apr 7, 2021

Temporarily Off Market

TRIAD #1018657

—
DateEvent & SourcePrice
06/18/2021

Sold (Public Record)

Public Record #1465431378

$472,000
06/18/2021

Sold

TRIAD #1018468

$472,000
04/07/2021

Temporarily Off Market

TRIAD #1018657

—

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

Public Records for 818 West Main Street

Taxable ValueLand$36,800Additions$277,020Total$313,820
Tax Record2025$2,203 ($184 / month)
Home Facts
Total Finished SqFt3,808 SqFtAbove Grade Finished SqFt3,808 SqFtUnfinished Basement SqFt1,904 SqFtStories2Lot Size43,560 SqFtStyleDuplexYear Built1964Year Renovated2011ZoningR12CountySURRYAPN4951-13-03-0736Fireplace TypeHas Fireplace

Schools near 818 West Main Street

This home is within Elkin City School District.
Rating
School
Type
Grades
Distance
Elkin Elementary School
Public - PK to 6
Elkin Middle School
Public - 7 to 8
Elkin High School
Public - 9 to 12
Global E-Learning Academy
Public - K to 12
Rating
School
Distance
Elkin Elementary School
PublicPK to 6

Elkin Middle School
Public7 to 8

Elkin High School
Public9 to 12

Global E-Learning Academy
PublicK 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.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Underdown, Ball & Associates, Llc

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.