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    Farmville Multifamily Investment Opportunity Title is generated by Realmo AI

    4413 W Church Street, Farmville, NC 27828

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    Claim this Listing
    For Sale
    $425,000

    MULTI_FAMILY - Farmville, NC

    Property size:
    4,014 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $105/SF
    Added:
    Feb 12, 2026
    Days on Market:
    139
    Last Refresh:
    Jul 1 at 5:06 pm

    Property Features for 4413 W Church Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R5
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 2
    Parking features
    Off Street
    Standard status
    Active
    APN
    005712
    Size
    4,014 SF
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    parcel # 05712
    Tax Annual Amount
    3717

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1901
    Floors in Building
    2
    Number of units
    4
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Composition

    We can help!

    Contact an agent
    Kevin Lee
    Kevin Lee

    Listing agent Kevin Lee License #186173

    Listing office Lee and Harrell Real Estate Professionals 644 E Arlington Blvd, Greenville, NC

    Listing date Feb 12, 2026

    MLS# 100554290 Listing URL

    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

    • Multi‑unit investment potential with a short distance to downtown Farmville
    • 1901 construction with wood frame and vinyl siding exterior
    • Natural gas heat with central air cooling
    • Composition shingle roof
    • Off‑street parking
    • Layout includes 5 bedrooms and 4 bathrooms

    Overview

    This multifamily property is located within walking distance of downtown Farmville, North Carolina, which features art galleries, restaurants, a theater, and shops. The property is zoned R5 and has a lot size of 0.34 acres. The building has a size of 4014 square feet and is suitable for investment as a multi-unit rental.

    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 $40.9k $10.20
    − Vacancy −$2.7k −$0.66
    EGI $38.3k $9.54
    − OpEx −$11.5k −$2.86
    NOI $26.8k $6.68
    4,014 SF · lease $10.20/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $382.8K
    $335.0K – $446.6K (±1% cap)
    NOI $26,797 @ 7.0% cap · market cap 6.31%
    Second Best
    Apartment 5plus
    $356.5K
    $312.0K – $415.9K (±1% cap)
    NOI $24,956 @ 7.0% cap · market cap 5.87%
    Theoretical Best
    Office A
    $873.8K
    $764.6K – $1.02M (±1% cap)
    NOI $61,166 @ 7.0% cap · market cap 14.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmville
    County
    Pitt
    State
    North Carolina
    Longitude
    -77.591919
    Latitude
    35.59933

    FAQs

    What type of property is this?
    Quadplex - Multifamily property near downtown Farmville, North Carolina.
    Where is this quadplex located?
    The property is located at 4413 W Church Street Farmville, NC.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Multi‑unit investment potential with a short distance to downtown Farmville; 1901 construction with wood frame and vinyl siding exterior; Natural gas heat with central air cooling
    More about this property
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