2022 Built Duplex With Two
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 Market53
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
(919) 533-9797
Listed By:
Chris Murphy · License #293540
(781) 724-7223
Added: Jun 8
Changed: Jul 30
Last Checked: Jul 30 at 10:06PM
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.
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
NOI $25,986 @ 7.0% cap · market cap 5.79%
Second Best
Apartment 5plus
$320.4K
$280.3K – $373.8K
NOI $22,425 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$771.4K
$675.0K – $900.0K
NOI $54,000 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
Explore this area
Business Placement
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
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
