Brick One-Story
For Sale
$199,900
103 Mosby Circle A/B, Greenville, NC 27834
Owner-maintained duplex with month-to-month tenancy and two residential units.
Property Size1,864 SF
Price / SF$107.24
Days on Market80
Property Features for 103 Mosby Circle A/B
General Information
Standard status
Active
Size
1,864 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1981
Buildings
1
Stories
1
Construction
full brick
Tenancy
Multi
Listing Agency:
Grimes Real Estate Group
Listed By:
Melissia Larson · License #246951
(252) 717-1418
Source:
Bradberrygarnerrealestate
Added: Jul 20
Changed: Oct 2
Last Checked: Oct 5 at 7:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grimes Real Estate Group
Investment Insights
Based on property information with market context.
This 1,864-square-foot duplex was built in 1981 and features full-brick construction with a single-story layout. The property contains two residential units and has been maintained by a local owner.
Current tenants occupy the units on a month-to-month basis, providing flexible lease timing for a new owner. The duplex is within Greenville city limits. Additional properties at 105 Mosby Circle and 204 Kristin Drive are also available, offering the possibility of acquiring multiple nearby assets.
Current tenants occupy the units on a month-to-month basis, providing flexible lease timing for a new owner. The duplex is within Greenville city limits. Additional properties at 105 Mosby Circle and 204 Kristin Drive are also available, offering the possibility of acquiring multiple nearby assets.
Key Highlights
- 1,864 SF duplex with two residential units
- Full‑brick, one‑story construction
- Built in 1981
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,444
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,880
$248.9K
Cap Rate 7%
$177,771
$177.8K
Cap Rate 9%
$138,267
$138.3K
Market Conditions
NOI Build-Up for 1,864 SF
Gross rent
$19.0K $10.20/SF
− Vacancy
−$1.2K −$0.66/SF
EGI
$17.8K $9.54/SF
− OpEx
−$5.3K −$2.86/SF
NOI
$12.4K $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%
$248,880
Cap Rate 7%
$177,771
Cap Rate 9%
$138,267
Alternative Uses
Best Use
Multifamily LT 5
$177.8K
$155.6K – $207.4K
NOI $12,444 @ 7.0% cap · market cap 6.23%
Second Best
Apartment 5plus
$165.6K
$144.9K – $193.2K
NOI $11,589 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$405.8K
$355.1K – $473.4K
NOI $28,404 @ 7.0% cap · market cap 14.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
216
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - Owner-maintained duplex with month-to-month tenancy and two residential units.
Where is this duplex located?
The property is located at 103 Mosby Circle A/B Greenville, NC.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 1,864 SF duplex with two residential units; Full‑brick, one‑story construction; Built in 1981
