Two-Unit Ranch
New
For Sale
$175,000
108 S Pine Street, Rocky Mount, NC 27804
DUPLEX - Ranch - Rocky Mount, NC
Property Size1,499 SF
Lot Size0.18 Acres
Price / SF$116.74
Days on Market3
Property Features for 108 S Pine Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 4
Subdivision
Not in a Subdivision
Elementary school
Nash - Benvenue Elementary
Middle school
Nash - Rocky Mount Middle School
High school
Nash - Rocky Mount High
Standard status
Active
APN
028388
Size
1,499 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
36 9 1, LT 2 PINE STREET INVESTORS
Tax Annual Amount
146850
Legal Description
36 9 1, LT 2 PINE STREET INVESTORS
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1950
Floors in Building
1
Flooring type
Vinyl
Building materials
Brick
Roof type
Shingle
Architectural style
Ranch
Listing Agency:
Insight Residential Realty LLC
(919) 375-4532
Listed By:
Guido Alejandro Murillo
(631) 860-8678
Added: Aug 2
Changed: Aug 3
Last Checked: Aug 3 at 11:06PM
MLS# 10184154
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.
Investment Insights
Based on property information with market context.
This 1,499-square-foot duplex in Rocky Mount offers a ranch-style layout with four bedrooms and two bathrooms across two residential units. Built in 1950, the property features brick construction, vinyl flooring, central air, and a shingle roof. Public water and public sewer serve the building, while the approximately 7,884-square-foot lot provides outdoor space around the improvements. Both units are currently rented and identified as units 112 and 108.
Located at 108 S Pine Street in Rocky Mount, the property combines a two-unit configuration with an established residential setting. The layout, existing occupancy, and separate-unit design provide a straightforward option for a residential income property or an owner-occupant arrangement, as supported by the current configuration.
Located at 108 S Pine Street in Rocky Mount, the property combines a two-unit configuration with an established residential setting. The layout, existing occupancy, and separate-unit design provide a straightforward option for a residential income property or an owner-occupant arrangement, as supported by the current configuration.
Key Highlights
- 1,499‑square‑foot duplex on an approximately 7,884‑square‑foot lot
- Two residential units, identified as units 112 and 108
- Four bedrooms and two bathrooms
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 | $22.8k | $15.24 |
| − Vacancy | −$1.5k | −$1.01 |
| EGI | $21.3k | $14.23 |
| − OpEx | −$6.4k | −$4.27 |
| NOI | $14.9k | $9.96 |
1,499 SF · lease $15.24/SF/yr · vacancy 6.65% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$213.3K
$186.6K – $248.8K
NOI $14,928 @ 7.0% cap · market cap 8.53%
Second Best
Apartment 5plus
$189.3K
$165.6K – $220.8K
NOI $13,249 @ 7.0% cap · market cap 7.57%
Theoretical Best
Office A
$494.2K
$432.4K – $576.6K
NOI $34,595 @ 7.0% cap · market cap 19.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
510
Businesses Nearby
Explore this area
Business Placement
Demographics for 27804, NC
28,707
Population
14,352
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
89%
High-School Grad
43.0 sq mi
ZIP Area
668
Density / Sq Mi
$58,837
Median Household Income
$36,445
Median Earnings
$977
Median Rent
$177,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Brick construction, public utilities, central air, and two rented units support this established residential income property.
Where is this duplex located?
The property is located at 108 S Pine Street Rocky Mount, NC.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 1,499‑square‑foot duplex on an approximately 7,884‑square‑foot lot; Two residential units, identified as units 112 and 108; Four bedrooms and two bathrooms
