Renovated Triplex with Separate
203 Bruton Street NE, Wilson, NC 27893
For Sale
$224,900
Pending
Residential Income, Wilson, NC
Property Size2,460 SF
Lot Size0.14 Acres
Days on Market62
Property Features for 203 Bruton Street NE
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Patio and Porch features
Interior features
Exterior features
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Isaacs Realty LLC
(919) 847-4133
Listed By:
Chris Isaacs · License #225559
(919) 255-8713
Added: Sep 8
Changed: Oct 24
Last Checked: Nov 8 at 4:06AM
MLS# 10191283
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.
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Investment Insights
Based on property information with market context.
This 2,460-square-foot triplex includes three rent-ready apartments with refreshed interiors. Improvements include updated flooring, renovated kitchens and bathrooms, and new interior paint. Individual electricity and water meters serve each unit. Apartment features include eat-in kitchens, crown molding, recessed lighting, smooth ceilings, and a mix of wood and vinyl flooring. Exterior amenities include a balcony, private yard, porch, rain gutters, and paved off-street parking.
The property occupies 0.14 acres at 203 Bruton Street NE in Wilson, North Carolina. It is located less than a mile from Barton College and Wilson’s professional baseball ballpark. Public water and public sewer serve the property. Built in 1924, the building has shingle roofing, board-and-batten and HardiPlank-type siding, electric heating, and wall or window-unit cooling.
The property occupies 0.14 acres at 203 Bruton Street NE in Wilson, North Carolina. It is located less than a mile from Barton College and Wilson’s professional baseball ballpark. Public water and public sewer serve the property. Built in 1924, the building has shingle roofing, board-and-batten and HardiPlank-type siding, electric heating, and wall or window-unit cooling.
Key Highlights
- Three‑unit multifamily property with 2,460 square feet
- Each apartment is separately metered for electricity and water
- Renovated kitchens and bathrooms, updated flooring, and fresh interior paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,070
Cap Rate
8.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,400
$401.4K
Cap Rate 7%
$286,714
$286.7K
Cap Rate 9%
$223,000
$223.0K
Market Conditions
NOI Build-Up for 2,460 SF
Gross rent
$31.0K $12.60/SF
− Vacancy
−$2.3K −$0.95/SF
EGI
$28.7K $11.66/SF
− OpEx
−$8.6K −$3.50/SF
NOI
$20.1K $8.16/SF
Area
Wilson County, NC
Vacancy
7.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,400
Cap Rate 7%
$286,714
Cap Rate 9%
$223,000
Alternative Uses
Best Use
Multifamily LT 5
$286.7K
$250.9K – $334.5K
NOI $20,070 @ 7.0% cap · market cap 8.92%
Second Best
Apartment 5plus
$265.3K
$232.2K – $309.5K
NOI $18,572 @ 7.0% cap · market cap 8.26%
Theoretical Best
Office A
$590.4K
$516.6K – $688.8K
NOI $41,330 @ 7.0% cap · market cap 18.38%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
785
Businesses Nearby
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Business Placement
Demographics for 27893, NC
37,131
Population
18,383
Households
2
Avg Household Size
41
Median Age
15%
College-Educated
79%
High-School Grad
109.0 sq mi
ZIP Area
341
Density / Sq Mi
$40,180
Median Household Income
$31,197
Median Earnings
$894
Median Rent
$153,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three refreshed apartments near Barton College feature updated kitchens, baths, flooring, and interior finishes.
Where is this triplex located?
The property is located at 203 Bruton Street NE Wilson, NC.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Three‑unit multifamily property with 2,460 square feet; Each apartment is separately metered for electricity and water; Renovated kitchens and bathrooms, updated flooring, and fresh interior paint
