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    2024-Built Duplex Title is generated by Realmo AI

    203 N Sellers Street, Selma, NC 27576

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    Claim this Listing
    New
    For Sale
    $529,000

    DUPLEX - Other - Selma, NC

    Property size:
    3,050 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $173/SF
    Added:
    Jul 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jul 5 at 7:06 am

    Property Features for 203 N Sellers Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    5
    Rooms
    Bathroom 1, Bedroom 8, Bathroom 6, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 4, Bathroom 5, Bedroom 6, Bedroom 7, Bathroom 3, Bedroom 5
    Standard status
    Active
    APN
    14023059
    Size
    3,050 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot 2 101/295
    Tax Annual Amount
    1075

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2024
    Floors in Building
    2
    Flooring type
    Carpet, Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Contact an agent
    Chris Murphy

    Listing agent Chris Murphy

    Listing office Next Stage Realty 11312 US 15-501 N STE 107/224, Cary, NC

    Listing date Jul 3, 2026

    MLS# 10177979 Listing URL

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

    HighLights

    • 2024‑built duplex with 2 units per building
    • Each side offers 4 bedrooms and 2.5 baths
    • Central air cooling, vinyl siding exterior, and shingle roof
    • Public water and public sewer service
    • Carpet and vinyl flooring
    • Property has tenants; contact the listing agent for current rental status

    Overview

    This 2024-built duplex includes two separate units within one building, with each side featuring four bedrooms and 2.5 bathrooms. The property is currently tenant-occupied, and the listing agent should be contacted for current rental status and to arrange showings. Photographs include both virtually staged images and an example of the unit in an empty condition.

    The duplex is located at 203 N Sellers Street in Selma, NC. It is one of seven duplexes offered by the same seller across properties on both N Sellers St and Waddell. The seller is ideally looking for a package sale, but individual buildings are also available. Each building is sold as a single building containing two units.

    For buyers seeking a residential income property with an owner-occupied or managed structure, this configuration provides two mirrored layouts within one duplex. With tenants already in place, it may fit investors and operators looking for an immediately functional rental asset. To understand the current leasing status and discuss any coordinated purchase options with the other duplex listings, contact the listing agent directly.

    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 $46.8k $15.36
    − Vacancy −$2.4k −$0.80
    EGI $44.4k $14.56
    − OpEx −$13.3k −$4.37
    NOI $31.1k $10.19
    3,050 SF · lease $15.36/SF/yr · vacancy 5.22% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $444.0K
    $388.5K – $518.0K (±1% cap)
    NOI $31,082 @ 7.0% cap · market cap 5.88%
    Second Best
    Apartment 5plus
    $383.2K
    $335.3K – $447.0K (±1% cap)
    NOI $26,822 @ 7.0% cap · market cap 5.07%
    Theoretical Best
    Office A
    $922.7K
    $807.4K – $1.08M (±1% cap)
    NOI $64,589 @ 7.0% cap · market cap 12.21%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Pharmacy Building Supply Kitchen & Bath Showroom HVAC Service Law Firm Real Estate Agency Cafe & Coffee Shop Accounting Firm Parking Lot & Garage Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Selma
    County
    Johnston
    State
    North Carolina
    Longitude
    -78.279739
    Latitude
    35.535349

    FAQs

    What type of property is this?
    Duplex - Newer duplex with two units, each offering four bedrooms and 2.5 baths, currently occupied by tenants.
    Where is this duplex located?
    The property is located at 203 N Sellers Street Selma, NC.
    What is the asking price?
    The asking price for this property is $529,000.
    What are key features of this property?
    This property features: 2024‑built duplex with 2 units per building; Each side offers 4 bedrooms and 2.5 baths; Central air cooling, vinyl siding exterior, and shingle roof
    More about this property
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