Duplex With Secondary
For Sale
$185,500
Pending
Greenville, NC 27834, Greenville, NC 27834
Residential Income, Greenville, NC
Property Size2,371 SF
Lot Size0.15 Acres
Days on Market183
Property Features
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R6
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 2
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
Lot features
Corner Lot
Elementary school
South Greenville
Middle school
C.M. Eppes Middle School
High school
J.H. Rose High School
High school district
Pitt County Schools
Subdivision
Not In Subdivision
Standard status
Pending
Size
2,371 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1467
Utilities
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Amenities
yard
wraparound porch
Building Details
Year built
1908
Floors in Building
2
Number of units
2
Flooring type
Parquet Wood, Wood, Vinyl
Building materials
Vinyl Siding, Wood Frame
Roof type
Shingle
Listing Agency:
Select Premium Properties Inc.
(910) 518-9280
Listed By:
Stephanie Smith · License #233506
(703) 831-6806
Added: Apr 10
Changed: Oct 8
Last Checked: Oct 9 at 12:06PM
MLS# 100566409
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.
The 2,371-square-foot property includes a duplex and a separate secondary building on a 0.15-acre parcel. Each duplex unit has its own entrance and separate water, electric, and gas meters. The additional building, previously used as a studio apartment, has separate water and electric meters. It may also serve as storage, a private work area, or office space. The property was built in 1908 and is offered in as-is condition.
A wraparound porch was renovated in 2022. The property is zoned R6 and is in Greenville, North Carolina, within a 10-minute walk of the downtown entertainment district. The hospital, schools, shopping, grocery stores, and East Carolina University are also described as nearby.
A wraparound porch was renovated in 2022. The property is zoned R6 and is in Greenville, North Carolina, within a 10-minute walk of the downtown entertainment district. The hospital, schools, shopping, grocery stores, and East Carolina University are also described as nearby.
Key Highlights
- Duplex with two separately metered units and individual entrances
- 2,371 square feet on a 0.15‑acre parcel
- Secondary building with separate water and electric meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,829
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,580
$316.6K
Cap Rate 7%
$226,129
$226.1K
Cap Rate 9%
$175,878
$175.9K
Market Conditions
NOI Build-Up for 2,371 SF
Gross rent
$24.2K $10.20/SF
− Vacancy
−$1.6K −$0.66/SF
EGI
$22.6K $9.54/SF
− OpEx
−$6.8K −$2.86/SF
NOI
$15.8K $6.68/SF
Area
Pitt County, NC
Vacancy
6.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,580
Cap Rate 7%
$226,129
Cap Rate 9%
$175,878
Alternative Uses
Best Use
Multifamily LT 5
$226.1K
$197.9K – $263.8K
NOI $15,829 @ 7.0% cap · market cap 8.53%
Second Best
Apartment 5plus
$210.6K
$184.3K – $245.7K
NOI $14,741 @ 7.0% cap · market cap 7.95%
Theoretical Best
Office A
$516.1K
$451.6K – $602.2K
NOI $36,129 @ 7.0% cap · market cap 19.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 27834, NC
55,051
Population
27,368
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
88%
High-School Grad
174.3 sq mi
ZIP Area
316
Density / Sq Mi
$48,081
Median Household Income
$36,755
Median Earnings
$941
Median Rent
$161,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - A second structure offers space for storage, a private work area, or office use.
Where is this duplex located?
The property is located at Greenville, NC.
What is the asking price?
The asking price for this property is $185,500.
What are key features of this property?
This property features: Duplex with two separately metered units and individual entrances; 2,371 square feet on a 0.15‑acre parcel; Secondary building with separate water and electric meters
