1400 Chestnut Street Greenville, NC 27834
MULTI_FAMILY - Greenville, NC
- Added:
- Apr 10, 2026
- Days on Market:
- 93
- Last Refresh:
- Jul 11 at 6:06 am
Property Features for 1400 Chestnut Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4
- Parking features
- Off Street
- Window features
- Storm Window(s)
- Patio and Porch features
- Porch
- Interior features
- 2nd Kitchen, Apt/Suite, Pantry
- Exterior features
- Storm Doors, Thermal Doors
- Standard status
- Active
- APN
- 011484
- Size
- 2,371 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 1400 CHESTNUT STREET IN GREENVILLE, NC 27834/TWO SEPARATE APARTMENTS
- Tax Annual Amount
- 1467
Utilities
- Heating system
- Electric (Heating), Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1908
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Wood, Vinyl, Parquet Wood
- Building materials
- Vinyl Siding, Wood Frame
- Roof type
- Shingle
Listing agent Stephanie Smith License #233506 (910) 518-9280
Listing office Select Premium Properties Inc. 1213 Culbreth Dr., Wilmington, NC (910) 518-9280
Listing date Apr 10, 2026
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.
Key Highlights
- Duplex built in 1908 with central air, electric and forced‑air heating, and shingle roof
- Each unit has its own entrance and is fully separately metered for water, electric, and gas
- Additional on‑site building previously rented as a studio apartment; separately metered with water and electric (storage/work studio/office per listing)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.2k | $10.20 |
| − Vacancy | −$1.6k | −$0.66 |
| EGI | $22.6k | $9.54 |
| − OpEx | −$6.8k | −$2.86 |
| NOI | $15.8k | $6.68 |
