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1620 Spring Garden Street Greensboro NC 27403US4308553
1620 Spring Garden Street GreensboroNC27403
2070000.0000 1/1/1900 12:00:00 AM
Realty Executives Triad (Greensboro)
1400 Battleground Avenue, Suite 116BGreensboroNC27408
336-379-1188
1 /

Courtesy of: Zena Krogedal, Keller Williams Ballantyne Area, zena.realtwarrior@gmail.com

1620 Spring Garden Street
Greensboro NC 27403 US

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1 /

Courtesy of: Zena Krogedal, Keller Williams Ballantyne Area, zena.realtwarrior@gmail.com

Realty Executives Triad (Greensboro)
1400 Battleground Avenue, Suite 116B
Greensboro, NC, US 27408
336-379-1188

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1620 Spring Garden Street
Greensboro NC 27403 US

$2,070,000

Active Listing ID 4308553
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Lot: 1.29 Acres
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Other

$2,070,000

Active Listing ID 4308553
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1620 Spring Garden Street This property offers a rare chance to acquire a 17-unit apartment community in one of Greensboro's strongest rental corridors. Nearly 90% renovated, ownership invested heavily through 2024-2025, delivering upgraded units and refreshed exteriors. Leasing surged since summer 2025, with most units now occupied under market rent, creating a prime value-add opportunity with a pro forma cap rate of 7.1%. Centrally located near UNC Greensboro, downtown, and major employers, the property benefits from consistent rental demand and Triad market growth. For investors seeking scale, stability, and upside, Spring Garden Apartments is an opportunity not to miss.

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Property Features

  • Facts
  • Lot Size: 1.29 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 2070000
  • unparsedaddress: 1620 Spring Garden Street
  • postalcity: Greensboro
  • stateorprovince: NC
  • country: US
  • postalcode: 27403
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.29
  • lotsizeunits: Acres
  • lotsizearea: 1.29
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 36.079497
  • longitude: -79.748017
  • listagentfullname: Zena Krogedal
  • listagentemail: zena.realtwarrior@gmail.com
  • listagentkey: 3yd-CMLSNC-R49290
  • listagentmlsid: R49290
  • listagentpreferredphone: (704) 887-6600
  • listagentofficephone: 9288990742
  • listofficekey: 3yd-CMLSNC-9149
  • listofficemlsid: 9149
  • disclaimer: Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CMLSNC
  • yearbuilt: 1981
  • listingcontractdate: 2025-10-01
  • listagenturl: http://www.kwballantynearea.com
  • countyorparish: Guilford
  • parcelnumber: 0011759
  • cooling: Central Air
  • heating: Forced Air
  • numberofunitstotal: 17
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 34
  • parkingfeatures: Parking Lot
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • utilities: Cable Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -79.74802, 36.0795
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Ballantyne Area", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"zena.realtwarrior@gmail.com", "ListBrokerageCity":"Charlotte", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw350@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CMLSNC/c5ababc31ef9dc7c011efb0f1a3102df/20220311151756045.png", "ListBrokerageName":"Keller Williams Ballantyne Area", "ListBrokeragePhone":"(704) 887-6600", "ListBrokeragePostalCode":"28277", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"14045 Ballantyne Corporate Pl, Ste 500", "ListBrokerageWebsiteUrl":"http://www.kwballantynearea.com", "ListOfficeAddress1":"14045 Ballantyne Corporate Pl, #500 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"9149", "ListOfficeCity":"Charlotte", "ListOfficeCountry":"USA", "ListOfficeEmail":"sabraromeo@kw.com", "ListOfficePostalCode":"28277", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Greensboro, NC", "ListingURL":null, "MLSModificationTimestamp":"2025-10-01 21:27:05", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"1.29 AC 1 PB 79-89 CGK CO PL:79-89", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/1/2025 9:39:21 PM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Zena Krogedal, Keller Williams Ballantyne Area, zena.realtwarrior@gmail.com

Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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