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Duplex Rental Portfolio, R6 Zoned
For Sale
$4,900,000

1716 Lynne Avenue, Rocky Mount, NC 27801

MULTI_FAMILY - Rocky Mount, NC

Property Size1,940 SF
Price / SF$2,525
Days on Market194

Property Features for 1716 Lynne Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R6
Bedrooms 4
Bathrooms 2
Full bathrooms 6
Rooms Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 5, Bathroom 3, Bathroom 6, Bathroom 4, Bedroom 4, Bathroom 1
Subdivision Meadowbrook
Standard status Active
APN 376948936500
Size 1,940 SF

Taxes and HOA fees

Tax Year 2025
Tax Description 1716 Lynne Ave
Tax Annual Amount 2006
Legal Description 1716 Lynne Ave

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1978
Floors in Building 2
Number of units 4
Flooring type Varies
Building materials Brick Veneer
Roof type Asphalt, Shingle
Listing Agency: Deaton Investment Real Estate
Listed By: Thomas Furlow · License #222598
Added: Feb 2 Changed: Aug 10 Last Checked: Aug 15 at 9:06AM
MLS# 10144144

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 duplex rental portfolio is being sold as a package through the “JLJB” Rental Portfolio opportunity, totaling 61 properties and 77 units. The portfolio includes 56 properties (71 units) in Rocky Mount, NC, and 5 properties (6 units) in nearby Tarboro, NC.

Many of the properties have been owned and managed by members of the same family since construction. Representative details include brick veneer construction and a roof comprised of asphalt shingles. The year built is 1978, with public water and public sewer services.

The address listed for the offering is 1716 Lynne Avenue, Rocky Mount, NC 27801, in Edgecombe County. The provided property size is 1,940 square feet, and the zoning shown is R6.

Key Highlights

  • Sold as the “JLJB” Rental Portfolio: 61 properties totaling 77 units
  • 56 properties (71 units) in Rocky Mount, NC
  • 5 properties (6 units) in nearby Tarboro, NC

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply HVAC Service (Bike/Boat/Book/etc) Store Garden Center Catering Service Big Box & Wholesale Store

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

77
Residential units

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby

Demographics for 27801, NC

19,043
Population
9,162
Households
2.1
Avg Household Size
41
Median Age
15%
College-Educated
83%
High-School Grad
66.8 sq mi
ZIP Area
285
Density / Sq Mi
$41,696
Median Household Income
$32,390
Median Earnings
$850
Median Rent
$108,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Portfolio package includes 61 properties and 77 units, zoned R6 with public water and public sewer.
Where is this duplex located?
The property is located at 1716 Lynne Avenue Rocky Mount, NC.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Sold as the “JLJB” Rental Portfolio: 61 properties totaling 77 units; 56 properties (71 units) in Rocky Mount, NC; 5 properties (6 units) in nearby Tarboro, NC
More about this property
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