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2022 Built Duplex With Two Units
For Sale
$449,000

215 N Sellers Street, Selma, NC 27576

MULTI_FAMILY - Selma, NC

Property Size2,550 SF
Lot Size0.18 Acres
Price / SF$176.08
Days on Market54

Property Features for 215 N Sellers Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 5
Full bathrooms 4
Half bathrooms 2
Rooms Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 6, Bedroom 6, Bathroom 1, Bathroom 4, Bathroom 5, Bedroom 5
Subdivision To Be Added
Elementary school Johnston - Selma Elementary
Middle school Johnston - Selma Middle School
High school Johnston - Smithfield Selma High
Standard status Active
APN 261518-40-2673
Size 2,550 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 66/256
Tax Annual Amount 3940
Legal Description 66/256

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 2022
Floors in Building 2
Number of units 2
Flooring type Carpet, Vinyl
Building materials HardiPlank Type
Roof type Shingle
Listing Agency: Next Stage Realty
Listed By: Chris Murphy · License #293540
Added: Jun 8 Changed: Jul 30 Last Checked: Jul 31 at 1:06AM
MLS# 10172625

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.

Constructed in 2022, this duplex includes two united units under one building configuration. Each side provides approximately 1,255 square feet with 3 bedrooms and 2.5 bathrooms, creating a straightforward, repeatable layout from unit to unit. The offering is presented as a building sale, with the two units sold together.

The property is located at 215 N Sellers Street in Selma, North Carolina, within Johnston County. The lot size is listed at 0.18 acres, and the overall property size is approximately 2,550 square feet. This duplex is one of five duplexes available from the same seller, and the seller is ideally looking for a package purchase while also being willing to sell the buildings individually. Additional information for the full set of listings is available under MLS 10177976.

For buyers or operators seeking residential income housing, the unit mix of 3-bedroom, 2.5-bath spaces on both sides can support consistent leasing and tenant planning within a single building. Because each duplex is being sold as a complete building containing two units, this structure may appeal to those looking to add a neatly packaged, owner-occupied or investor-held asset, with the option to acquire multiple duplexes from the same seller.

Key Highlights

  • 2022‑built duplex with approx. 1,255 SF per side (3 bedrooms and 2.5 baths each)
  • HardiPlank Type exterior with shingle roof
  • Central air cooling and vinyl/carpet flooring

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $39.2k $15.36
− Vacancy −$2.0k −$0.80
EGI $37.1k $14.56
− OpEx −$11.1k −$4.37
NOI $26.0k $10.19
2,550 SF · lease $15.36/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$371.2K
$324.8K – $433.1K (±1% cap)
NOI $25,986 @ 7.0% cap · market cap 5.79%
Second Best
Apartment 5plus
$320.4K
$280.3K – $373.8K (±1% cap)
NOI $22,425 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$771.4K
$675.0K – $900.0K (±1% cap)
NOI $54,000 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Parking Lot & Garage Pharmacy HVAC Service Electrical Service Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby

Demographics for 27576, NC

17,568
Population
7,911
Households
2.2
Avg Household Size
37
Median Age
18%
College-Educated
84%
High-School Grad
81.3 sq mi
ZIP Area
216
Density / Sq Mi
$62,044
Median Household Income
$39,262
Median Earnings
$874
Median Rent
$178,200
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 - Newer duplex on N Sellers Street offers two 3-bedroom, 2.5-bath residences with separate unit layouts.
Where is this duplex located?
The property is located at 215 N Sellers Street Selma, NC.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 2022‑built duplex with approx. 1,255 SF per side (3 bedrooms and 2.5 baths each); HardiPlank Type exterior with shingle roof; Central air cooling and vinyl/carpet flooring
More about this property
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