401 Dexter Street, Rocky Mount, NC 27803
- Added:
- Feb 5, 2026
- Days on Market:
- 125
- Last Refresh:
- Jun 10 at 8:06 am
Property Features for 401 Dexter Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 3, Bedroom 4
- Parking features
- Paved or Surfaced, Off Street
- Patio and Porch features
- Porch
- Standard status
- Pending
- APN
- 3759-10-35-6637
- Size
- 1,224 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 16 4 1, 1 LT, 40 41 BLK A
Utilities
- Heating system
- Baseboard, Electric (Heating)
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1951
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Vinyl Siding, Wood Frame
- Roof type
- Shingle
Listing agent Kathryn Greisiger License #351181 (252) 469-8333
Listing office Alluvium Elite Realty 3 N Main St. STE C, Wendell, NC (919) 394-5891
Listing date Feb 5, 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.
HighLights
- 4‑unit investor package (two duplexes) sold together in Rocky Mount
- Two units currently rented (401 and 405) for immediate income
- Two additional units are being renovated and will be listed for rent upon completion
- All units included: 401–403 Dexter St (Parcel ID 030630, PIN 37591035663) and 405–407 Dexter St (Parcel ID 027311, PIN 375910355689)
- 1951 construction with shingle roof, vinyl siding, and wood frame
- Each unit has its own address; off‑street paved/surfaced parking and porch
Overview
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 | $18.7k | $15.24 |
| − Vacancy | −$1.2k | −$1.01 |
| EGI | $17.4k | $14.23 |
| − OpEx | −$5.2k | −$4.27 |
| NOI | $12.2k | $9.96 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rocky Mount
- County
- Nash
- State
- North Carolina
- Longitude
- -77.805238
- Latitude
- 35.930576
