Ivy Court Apartments 3309 Landmark St 48 Unit Apartment Building For Sale Greenville, NC 27834

Ivy Court Apartments is a 48-unit, garden-style multifamily community located at 3309 Landmark Street in Greenville, North Carolina. The property has demonstrated strong occupancy and consistent collections, providing investors with a stable, cash-flowing asset in one of North Carolina’s fastest-growing secondary markets.
Greenville continues to benefit from the presence of East Carolina University (ECU), ECU Health Medical Center, and Pitt Community College, which collectively generate sustained rental demand. The city’s diversified economy—anchored by education, healthcare, and advanced manufacturing—supports long-term population growth and above-average rental fundamentals, making it an attractive market for multifamily investment.
Ivy Court represents a compelling value-add opportunity. Current rents remain below market, allowing investors to capture upside through targeted interior upgrades such as LVP flooring, cabinet refinishing, hardware replacement, and appliance packages. Competing properties have proven the success of these improvements, demonstrating significant rent premiums can be achieved with a modest capital program.
Strategically located within minutes of major employers, retail corridors, and Greenville’s universities, Ivy Court offers investors a stabilized, income-producing asset with both immediate cash flow and meaningful long-term appreciation potential.