Listing provided courtesy of Homecoming Properties LLCMLS# 1225517MLS Provider
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Investor Opportunity Near Downtown Greensboro! Income-producing triplex located just minutes from downtown Greensboro with strong rental demand and upside potential. This property features three separate units and with a little love, you can maximize rents and overall value. Ideal for investors seeking immediate cash flow with a light value-add strategy. Conveniently located near downtown amenities, employment centers, dining, and entertainment. Whether you're looking to expand your rental portfolio, house hack, or reposition an asset for increased returns, this property offers a compelling opportunity. Property is being sold as-is. Don't miss your chance to add a well-located multifamily asset to your portfolio.

Source: Triad MLS, MLS#: 1225517

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  • Property Type
    Residential Income
  • Lot
    0.21 acres

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Mark Emerson Smith
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  • Median Age
    33
  • Population Density
    1,635
  • College Educated
    32%
  • Estimated Median Income
    $39,203
  • Estimated Total Home Owners
    8,425
  • Estimated Total Renters
    10,932
  • Owner / Renter Divide
    44% / 56%
  • Estimated Average Household Size
    3
  • Total Population
    51,160
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 607 Summit Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/24/2026Source: Triad MLS Added to Database
June 24, 2026
1/2/2026Source: Triad MLS Status Change
Closed
4/11/2024Source: Triad MLS Added to Database
April 11, 2024
6/20/2022Source: Triad MLS Added to Database
August 13, 2021