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    Rocky Mount, NC
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    Rocky Mount, NC Apartment Buildings for Sale

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    9-Unit Two-Bedroom Apartment Building
    Updated: Jun 26
    9-Unit Two-Bedroom Apartment Building

    221 W Virginia St, Rocky Mount, NC 27804

    $675,000
    6,600 sqft
    9‑unit apartment property with 2 bedrooms and 1 bathroom in each unit
    All units feature central heating & air conditioning
    Power and water are metered separately and billed directly to tenants
    Average rent is currently $775/month; market rent is between $800 and $900
    5 units are currently vacant due to recent renovations; 4 are rent ready and 1 needs flooring
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    This listing looks promising.

    Here's a quick look at some key insights for

    221 W Virginia St, Rocky Mount, NC

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    • Est. Cap Rate

      8.6%
      Above avg (5.9%)

    • Est. NOI

      $58K
      Annual

    • Price @ 7% Cap

      $833K
      Above asking

    • Property Type

      Multi-Family Dwellings
      Built 1950
    View Property Analytics
    6-Unit Apartment Building
    Updated: Jul 28
    6-Unit Apartment Building

    814 Sunset Ave, Rocky Mount, NC 27804

    $445,000
    5,322 sqft
    Six‑unit apartment building totaling 5,322 square feet
    Renovated in 2022‑2023 with granite countertops and new flooring
    Units 2, 3, and 5 are currently occupied
    Units 1, 4, and 6 are vacant and rent‑ready
    Common water connection
    View details
    8-Unit Multifamily Investment Property
    8-Unit Multifamily Investment Property

    516 Keen Street, Unit AH, Rocky Mount, NC 27804

    $475,000
    5,805 sqft

    Eight two-bedroom, one-bath units with new windows and doors, with six currently leased and two vacant for renovation.

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    Student Housing Apartment Building
    Student Housing Apartment Building

    107 Calloway Ct, Rocky Mount, NC 27804

    Contact for pricing
    33,946 sqft

    New construction student housing with a master lease covering 16 of 22 units adjacent to NC Wesleyan University.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Rocky Mount, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Mixed-Use Property
    Historic Mixed-Use Property

    114 East 5th Street, Greenville, NC 27858

    $3,262,000
    23,242 sqft 0.42 AC lot

    Campus-adjacent asset combining loft apartments, retail suites, and private parking in a three-story historic building.

    View details
    Brick Apartment Building with 13 Units
    Brick Apartment Building with 13 Units

    915 Raleigh Road Parkway West, Wilson, NC 27896

    Contact for pricing
    13,650 sqft

    Historic multifamily property with distinctive masonry construction, varied floor plans, and established long-term occupancy.

    View details
    8-Unit Apartment Building Portfolio
    8-Unit Apartment Building Portfolio

    409 Deck St, Greenville, NC 27834

    $850,000

    Four buildings provide a multifamily configuration extensively updated in 2024.

    View details
    Historic Retail Building with Apartments
    Historic Retail Building with Apartments

    311 Nash St, Wilson, NC 27893

    Contact for pricing
    17,999 sqft

    Historic property registered as North Carolina’s first ABC store, with preliminary plans for ground-floor commercial space and apartments above.

    View details

    Off-Market Properties in Rocky Mount, NC

    Consider similar Off-Market properties in Rocky Mount, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    506 Arrington Ave
    GARDEN APT, COURT APT (5+ UNITS)

    506 Arrington Ave, Rocky Mount, NC 27803-3906

    $535,000
    Estimated value
    4,060 sqft 0.37 AC lot
    View details
    421 Cascade Ave
    GARDEN APT, COURT APT (5+ UNITS)

    421 Cascade Ave, Rocky Mount, NC 27803-3961

    Value Estimation by Request
    5,832 sqft 0.53 AC lot
    View details
    757 Dl Dr
    GARDEN APT, COURT APT (5+ UNITS)

    757 Dl Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,450 sqft 0.36 AC lot
    View details
    723 Dl Dr
    GARDEN APT, COURT APT (5+ UNITS)

    723 Dl Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,306 sqft 0.30 AC lot
    View details
    Hilltop Dr
    GARDEN APT, COURT APT (5+ UNITS)

    Hilltop Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,888 sqft 0.46 AC lot
    View details
    Hilltop Dr
    GARDEN APT, COURT APT (5+ UNITS)

    Hilltop Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,306 sqft 0.35 AC lot
    View details
    Dl Dr
    GARDEN APT, COURT APT (5+ UNITS)

    Dl Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    2,494 sqft 0.29 AC lot
    View details
    Hilltop Dr
    GARDEN APT, COURT APT (5+ UNITS)

    Hilltop Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,306 sqft 0.36 AC lot
    View details
    Hilltop Dr
    GARDEN APT, COURT APT (5+ UNITS)

    Hilltop Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,306 sqft 0.35 AC lot
    View details
    705 Dl Dr
    GARDEN APT, COURT APT (5+ UNITS)

    705 Dl Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,306 sqft 0.36 AC lot
    View details
    Hilltop Dr
    GARDEN APT, COURT APT (5+ UNITS)

    Hilltop Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,306 sqft 0.53 AC lot
    View details
    610 Hilltop St
    GARDEN APT, COURT APT (5+ UNITS)

    610 Hilltop St, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,306 sqft 0.55 AC lot
    View details
    665 Hilltop St
    GARDEN APT, COURT APT (5+ UNITS)

    665 Hilltop St, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    2,322 sqft 0.76 AC lot
    View details
    Dl Dr
    GARDEN APT, COURT APT (5+ UNITS)

    Dl Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,364 sqft 0.34 AC lot
    View details
    Hilltop Dr
    GARDEN APT, COURT APT (5+ UNITS)

    Hilltop Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    2,862 sqft 0.34 AC lot
    View details
    704 Dl Dr
    GARDEN APT, COURT APT (5+ UNITS)

    704 Dl Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,306 sqft 0.74 AC lot
    View details
    715 Dl Dr
    GARDEN APT, COURT APT (5+ UNITS)

    715 Dl Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,306 sqft 0.38 AC lot
    View details
    Dl Dr
    GARDEN APT, COURT APT (5+ UNITS)

    Dl Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    1,653 sqft 0.29 AC lot
    View details
    618 Hilltop St
    GARDEN APT, COURT APT (5+ UNITS)

    618 Hilltop St, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    1,653 sqft 0.21 AC lot
    View details
    3320 Sunset Ave
    GARDEN APT, COURT APT (5+ UNITS)

    3320 Sunset Ave, Rocky Mount, NC 27804-4014

    $980,000
    Estimated value
    2,412 sqft 0.50 AC lot
    View details

    Rocky Mount, NC Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Rocky Mount, NC, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 51,673 square feet of properties for sale, with an estimated market value of $1,595,000.

    Sale prices for two-family homes in Rocky Mount, NC start at $445,000, averaging $531,666, and reaching up to $675,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 69K
    Population Growth (5Y) +1.5%
    Median Household Income $54,251
    College Educated 17.3%

    High-Yield Neighborhoods for Investment

    Identify Rocky Mount submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    27804 $675K

    Taxes & Financing

    Tax Rate (average for all types) 1.11%
    Property Tax per SF $23.95 per SF
    Tax Rate vs County Average 0.19 pp below county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Rocky Mount fall within the 25,000 to 50,000 square foot range.

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