Apartment Building

Rocky Mount, NC Apartment Buildings for Sale

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Tarboro, NC Pinetops, NC Whitakers, NC
Multifamily Portfolio with High Yield
Updated: Mar 2
Multifamily Portfolio with High Yield

520-524 Keen St, Rocky Mount, NC 27804

$785,000
7,355 sqft
High‑yield investment opportunity with a current 10.04% cap rate.
Significant upside potential with a projected 12.87% cap rate upon stabilization.
Portfolio includes two buildings totaling 10 units, all 2‑bedroom, 1‑bathroom.
Strong cash flow with 90% occupancy and one rent‑ready vacant unit.
Tenants are responsible for paying their own utilities.
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Six-Unit Multifamily Investment Opportunity
Updated: Mar 31
Six-Unit Multifamily Investment Opportunity

600 S Vyne, Rocky Mount, NC 27803

$468,000
4,170 sqft
High Current Cap Rate: 11.03%
Projected Cap Rate: 11.55% with modest rent increase
Strong Current NOI: $51,640
All units individually metered; tenants pay water and electricity
100% Occupied 6‑unit building
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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Rocky Mount, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Bundled Townhome Portfolio for Sale
Bundled Townhome Portfolio for Sale

3712 Mineral Mill, Raleigh, NC 27616

$5,750,000
28,224 sqft

Bundled three-bedroom townhomes with decks and one-car garages offered as a single purchase.

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MULTI_FAMILY - Goldsboro, NC
MULTI_FAMILY - Goldsboro, NC

416 N Kornegay Street, Goldsboro, NC 27530

$499,000
0.80 AC lot

Apartment buildings · 0.80 Acres

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Raleigh Multifamily Investment Opportunity
Raleigh Multifamily Investment Opportunity

1600 Poole Rd, Raleigh, NC 27610

$1,150,000
5,900 sqft

Multifamily property near Downtown Raleigh with convenient city access.

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Ormond Avenue Redevelopment Opportunity
Ormond Avenue Redevelopment Opportunity

109 Ormond Avenue, Goldsboro, NC 25730

$375,000
10,393 sqft · 0.17 AC lot

Located across from the Wayne County Courthouse, ready for renovation.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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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
Wesleyan Blvd
GARDEN APT, COURT APT (5+ UNITS)

Wesleyan Blvd, Rocky Mount, NC 27804

$925,000
Estimated value
3,764 sqft · 1.50 AC lot
View details
3324 Sunset Ave, Unit A1
GARDEN APT, COURT APT (5+ UNITS)

3324 Sunset Ave, Rocky Mount, NC 27804-3522

Unit A1
$1,660,000
Estimated value
7,680 sqft · 0.40 AC lot
View details

Rocky Mount, NC Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Rocky Mount, NC on our real estate platform. These investment opportunities span a total of 11,525 square feet of properties for sale, with an estimated market value of $1,253,000.

Sale prices for two-family homes in Rocky Mount, NC start at $468,000, averaging $626,500, and reaching up to $785,000 — 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
27803 $468K
27804 $785K

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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