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2-Duplex Multifamily Property
New
For Sale
$350,000

155 5th Street, Ellerbe, NC 28338

Residential Income, Ellerbe, NC

Property Size1,964 SF
Lot Size0.86 Acres
Price / SF$178.21
Days on Market2

Property Features for 155 5th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Residential
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 7, Bedroom 3, Bathroom 1, Bedroom 8, Bedroom 1, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 4
Parking features Paved or Surfaced
Patio and Porch features Porch
Subdivision Not In Subdivision
High school Richmond Senior High
Directions From US 220 turn onto E. Page Street. Then turn onto Fifth Street and go to the end and property will be on your left.
Standard status Active
APN 747813024869
Size 1,964 SF
Lot size 0.86 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description M C TWSP LTS 53-55 H P EDWARDS PRP PLT BK 7 PG 12
Legal Description M C TWSP LTS 53-55 H P EDWARDS PRP PLT BK 7 PG 12

Utilities

Cooling system Window Unit(s), Wall/Window Unit(s)

Building Details

Year built 1960
Floors in Building 1
Number of units 4
Building materials Wood Siding, Wood Frame
Roof type Shingle
Listing Agency: Premier Real Estate of the Sandhills LLC
Listed By: Kenneth Russell Edwards · License #287849
Added: Sep 30 Last Checked: Oct 1 at 8:06AM
MLS# 100607140

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.

This multifamily offering comprises two duplex properties with a combined reported building area of 1,964 square feet. The parcels total 0.86 acres. Property features include wood-frame construction with wood siding, shingle roofing, porches, and paved or surfaced parking. Cooling is provided by window or wall/window units.

The properties are identified at 153 and 155 Fifth Street and 249 and 251 Church Street in Ellerbe, North Carolina. The listing reports a 1960 construction year and residential zoning.

Key Highlights

  • Two duplex properties included in the offering
  • 1,964 square feet of reported building area
  • 0.86 acres

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Building Supply (Bike/Boat/Book/etc) Store Pharmacy Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

109
Businesses Nearby

Demographics for 28338, NC

3,811
Population
1,771
Households
2.2
Avg Household Size
44
Median Age
24%
College-Educated
82%
High-School Grad
147.0 sq mi
ZIP Area
26
Density / Sq Mi
$58,666
Median Household Income
$39,671
Median Earnings
$600
Median Rent
$161,200
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - The four listed addresses are located on Fifth Street and Church Street.
Where is this multifamily property located?
The property is located at 155 5th Street Ellerbe, NC.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two duplex properties included in the offering; 1,964 square feet of reported building area; 0.86 acres
More about this property
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