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Brick Duplex with Updated Interiors
For Sale
$199,900

103 Mosby Circle, Greenville, NC 27834

Residential Income, Greenville, NC

Property Size1,864 SF
Lot Size0.22 Acres
Price / SF$107.24
Days on Market145

Property Features for 103 Mosby Circle

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning residential
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 1
Parking features Assigned
Patio and Porch features Porch
Interior features Wash/Dry Connect
Appliances Electric Cooktop, Refrigerator, Range, Dishwasher
Subdivision Shenandoah
Lot features Cul-De-Sac
Elementary school Ridgewood Elementary School
Middle school E B Aycock
High school South Central (Winterville)
High school district Pitt County Schools
Directions Greenville Blvd, pass Cracker Barrel towards Allen Road. Take right on Kristin Drive, left on Mosby Circle.
Standard status Active
APN 36261
Size 1,864 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Parcel #36261
Tax Annual Amount 1786
Legal Description Parcel #36261

Utilities

Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1981
Floors in Building 1
Number of units 2
Flooring type Laminate, Vinyl
Building materials Brick Veneer, Wood Frame
Roof type Shingle
Listing Agency: Grimes Real Estate Group
Listed By: Melissia Larson · License #246951
Added: May 16 Changed: Sep 12 Last Checked: Oct 7 at 2:06AM
MLS# 100574723

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This one-story duplex contains 1,864 square feet within a 0.22-acre parcel and was built in 1981. The full-brick exterior is complemented by updated paint and flooring, with laminate and vinyl surfaces inside. Each side includes two bedrooms and one bathroom, along with a kitchen equipped with an electric cooktop, refrigerator, range, and dishwasher. Washer-dryer connections are also provided.

The property has central air, electric heat pump systems, assigned parking, and a porch. Public water serves the building, and the shingle roof was installed in 2021. One side has a newer HVAC system. The duplex is fully occupied with month-to-month tenants and produces $18,000 in gross annual rental income.

Key Highlights

  • 1,864 SF one‑story duplex on a 0.22‑acre lot
  • Full‑brick exterior with updated paint and flooring
  • Each unit offers 2 bedrooms and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,444
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,880 $248.9K
Cap Rate 7%
$177,771 $177.8K
Cap Rate 9%
$138,267 $138.3K
Market Conditions
NOI Build-Up for 1,864 SF
Gross rent
$19.0K $10.20/SF
− Vacancy
−$1.2K −$0.66/SF
EGI
$17.8K $9.54/SF
− OpEx
−$5.3K −$2.86/SF
NOI
$12.4K $6.68/SF
Area
Pitt County, NC
Vacancy
6.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,880
Cap Rate 7%
$177,771
Cap Rate 9%
$138,267

Alternative Uses

Best Use
Multifamily LT 5
$177.8K
$155.6K – $207.4K (±1% cap)
NOI $12,444 @ 7.0% cap · market cap 6.23%
Second Best
Apartment 5plus
$165.6K
$144.9K – $193.2K (±1% cap)
NOI $11,589 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$405.8K
$355.1K – $473.4K (±1% cap)
NOI $28,404 @ 7.0% cap · market cap 14.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Pharmacy Law Firm Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

216
Businesses Nearby

Demographics for 27834, NC

55,051
Population
27,368
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
88%
High-School Grad
174.3 sq mi
ZIP Area
316
Density / Sq Mi
$48,081
Median Household Income
$36,755
Median Earnings
$941
Median Rent
$161,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied, one-story duplex with assigned parking, public water, and separate washer-dryer connections.
Where is this duplex located?
The property is located at 103 Mosby Circle Greenville, NC.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 1,864 SF one‑story duplex on a 0.22‑acre lot; Full‑brick exterior with updated paint and flooring; Each unit offers 2 bedrooms and 1 bathroom
More about this property
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