112 E Calhoun St, Whiteville, NC 28472
Four recently remodeled two-bedroom units, furnished and ready to rent, with hardwood floors and plaster walls.
- Added:
- Jun 10, 2026
- Days on Market:
- 13
- Last Refresh:
- Jun 20 at 8:48 am
Property Features for 112 E Calhoun St
General Information
- Standard status
- Active
- Size
- 4,914 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1952
Listing agent Lisa Bass License #NC
Listing office Berkshire Hathaway Home Services
Listing date Jun 10, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Home Services
HighLights
- Four recently remodeled 2‑bedroom, 1‑bath apartments, each with a spacious living room and separate kitchen
- Each unit is approximately 1,228 SF and is fully furnished and ready to rent
- Southern traditional style interiors with hardwood floors and plaster walls throughout the units
- Year built: 1952
Overview
The property is located at 112 E Calhoun St in Whiteville, NC, with driving access described via Hwy 74/76 to Whiteville, then Hwy 701 into Whiteville, followed by turns onto Washington St, Madison St, and Calhoun St. The address directions indicate the building is on the right on Calhoun St.
For buyers seeking a small, turn-key multifamily asset, the building’s four consistent two-bedroom layouts and furnished condition can help streamline leasing and reduce initial setup time. Financing may be available through owner financing, subject to a substantial down payment and approved credit check, and the broker is a member-manager of the LLC that owns the property.
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 | $66.6k | $13.56 |
| − Vacancy | −$4.1k | −$0.82 |
| EGI | $62.6k | $12.74 |
| − OpEx | −$18.8k | −$3.82 |
| NOI | $43.8k | $8.91 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Whiteville
- County
- Columbus
- State
- North Carolina
- Longitude
- -78.7048026
- Latitude
- 34.3308988
