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    702 N Greensboro St Carrboro, NC 27510

    Pending
    For Sale
    $550,000

    MULTI_FAMILY - Carrboro, NC

    Property size:
    1,914 SF
    Lot size:
    1.00 Acre
    Days on Market:
    30
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 702 N Greensboro St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    APN
    9778789717
    Parking features
    Off Street, Driveway
    Patio and Porch features
    Deck, Patio
    Size
    1,914 SF
    Lot size
    1.00 Acre

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Window Unit(s), Wall/Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1982
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl, Laminate, Wood
    Building materials
    Wood Siding
    Roof type
    Shingle

    Keller Williams Elite Realty (984) 244-5835 [email protected]

    Listing agent Kathy Shaw (919) 740-1811

    Listing date Nov 8, 2025

    MLS# 10131582 Listing URL

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Carrboro Duplex: Investor Opportunity

    This is an investor opportunity to own an income-producing duplex in Carrboro, North Carolina. Each of the two units offers 2 bedrooms, 1.5 bathrooms, a spacious living area, and a full eat-in kitchen with a pantry. Each unit is 957 square feet, totaling 1914 square feet for the property. The property has a strong rental history and an unbeatable location less than a 5-minute walk to downtown Carrboro and a couple of minutes' walk to restaurants and cafes. Tenants benefit from private back decks and patios, along with ample off-street parking, contributing to consistent tenant demand. The property has no HOA. Six mini-split units, three on each side, were installed in 2019. The gross rental income for 2024 was $29,630. Operating expenses for 2024 were $4,365, including $2,963 for management by Louise Beck Properties. The lot size is 1 acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Carrboro
    County
    Orange
    State
    North Carolina
    Longitude
    -79.074275
    Latitude
    35.917483

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    FAQs

    What type of property is this?
    Duplex - Income-producing duplex near downtown Carrboro with strong rental history.
    Where is this duplex located?
    The property is located at 702 N Greensboro St Carrboro, NC.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Income-producing duplex in a rapidly growing Carrboro location.; - **Excellent location:** Less than 5-minute walk to downtown Carrboro, and a couple of minutes to restaurants and cafes.; - Strong rental history with consistent tenant demand.
    (919) 740-1811
    Request Owner's contact information
    702 N Greensboro St Carrboro, NC 27510
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    Carrboro, NC 27510
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    702 N Greensboro St Carrboro, NC 27510
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