Two-Unit Duplex with New
1312 E 14th St, Greenville, NC 27858
For Sale
$219,500
Residential Income, Greenville, NC
Property Size1,556 SF
Lot Size0.39 Acres
Price / SF$141.07
Days on Market93
Property Features for 1312 E 14th St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Legal Description
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Buildings
Listing Agency:
Aldridge & Southerland
Listed By:
Odom, Kelly & Dellano Team · License NC #182189
(252) 756-3500
Added: Aug 10
Changed: Oct 30
Last Checked: Nov 10 at 6:06PM
MLS# 100595135
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.
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Investment Insights
Based on property information with market context.
This 1,556-square-foot duplex contains two residential units, each configured with two bedrooms and one bathroom. The building was constructed in 1976 and includes brick veneer with wood-frame construction, shingle roofing, central air, heat-pump heating and cooling, and electric heat. Each unit is equipped with a refrigerator and range, while public water serves the property. A brand-new roof has been installed.
The property occupies 0.39 acres along E 14th St in Greenville, with a natural yard setting beside a park. E 14th St provides a direct route between the ECU campus and Greenville Blvd. The surrounding area includes the Elmhurst, Kingsbrook, and East Haven neighborhoods. R9 zoning is reported for the property.
The property occupies 0.39 acres along E 14th St in Greenville, with a natural yard setting beside a park. E 14th St provides a direct route between the ECU campus and Greenville Blvd. The surrounding area includes the Elmhurst, Kingsbrook, and East Haven neighborhoods. R9 zoning is reported for the property.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit
- 1,556 square feet on a 0.39‑acre lot
- Brand‑new roof with shingle roofing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,388
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$207,760
$207.8K
Cap Rate 7%
$148,400
$148.4K
Cap Rate 9%
$115,422
$115.4K
Market Conditions
NOI Build-Up for 1,556 SF
Gross rent
$15.9K $10.20/SF
− Vacancy
−$1.0K −$0.66/SF
EGI
$14.8K $9.54/SF
− OpEx
−$4.5K −$2.86/SF
NOI
$10.4K $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%
$207,760
Cap Rate 7%
$148,400
Cap Rate 9%
$115,422
Alternative Uses
Best Use
Multifamily LT 5
$148.4K
$129.9K – $173.1K
NOI $10,388 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$138.2K
$120.9K – $161.2K
NOI $9,674 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$338.7K
$296.4K – $395.2K
NOI $23,710 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
205
Businesses Nearby
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Business Placement
Demographics for 27858, NC
52,857
Population
26,281
Households
2
Avg Household Size
31
Median Age
46%
College-Educated
94%
High-School Grad
61.4 sq mi
ZIP Area
861
Density / Sq Mi
$60,915
Median Household Income
$34,598
Median Earnings
$1,042
Median Rent
$233,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Brick-veneer property with two-bedroom residences, private outdoor space, and convenient access along E 14th St.
Where is this duplex located?
The property is located at 1312 E 14th St Greenville, NC.
What is the asking price?
The asking price for this property is $219,500.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit; 1,556 square feet on a 0.39‑acre lot; Brand‑new roof with shingle roofing
