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Two-Unit Duplex with Two-Story Layout
For Sale
$260,000

313 W Lewis Street A & B, Whiteville, NC 28472

Each residence includes two bedrooms, one bathroom, and living areas on both levels.

Property Size2,105 SF
Price / SF$123.52
Days on Market71

Property Features for 313 W Lewis Street A & B

General Information

Standard status Active
Size 2,105 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1937
Listing Agency: Keller Williams Innovate-Wilmington
Listed By: Brandy Creech · License #336987
Source: Bradberrygarnerrealestate
Added: Aug 11 Changed: Oct 7 Last Checked: Oct 7 at 5:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Innovate-Wilmington

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Investment Insights

Based on property information with market context.

Located at 313 W Lewis St Unit A & B in Whiteville, this duplex contains two separate rental units arranged across two levels. Each unit provides two bedrooms, one bathroom, and living space on both floors, creating matching layouts within the property. The building was constructed in 1937.

The property is situated near schools, shops, and parks in Whiteville, NC. Its two-unit configuration supports separate occupancy while maintaining consistent bedroom, bathroom, and living-area arrangements across both residences.

Key Highlights

  • Two separate duplex units, each with 2 bedrooms and 1 bathroom
  • Both units include living areas on both floors
  • 2,105 property size

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,766
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,320 $375.3K
Cap Rate 7%
$268,086 $268.1K
Cap Rate 9%
$208,511 $208.5K
Market Conditions
NOI Build-Up for 2,105 SF
Gross rent
$28.5K $13.56/SF
− Vacancy
−$1.7K −$0.82/SF
EGI
$26.8K $12.74/SF
− OpEx
−$8.0K −$3.82/SF
NOI
$18.8K $8.91/SF
Area
Columbus County, NC
Vacancy
6.08%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,320
Cap Rate 7%
$268,086
Cap Rate 9%
$208,511

Alternative Uses

Best Use
Multifamily LT 5
$268.1K
$234.6K – $312.8K (±1% cap)
NOI $18,766 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$237.8K
$208.1K – $277.4K (±1% cap)
NOI $16,645 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$510.6K
$446.8K – $595.7K (±1% cap)
NOI $35,744 @ 7.0% cap · market cap 13.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby

Demographics for 28472, NC

17,308
Population
8,073
Households
2.1
Avg Household Size
44
Median Age
18%
College-Educated
91%
High-School Grad
197.9 sq mi
ZIP Area
87
Density / Sq Mi
$48,963
Median Household Income
$36,535
Median Earnings
$788
Median Rent
$141,000
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

Frequently Asked Questions

What type of property is this?
Duplex - Each residence includes two bedrooms, one bathroom, and living areas on both levels.
Where is this duplex located?
The property is located at 313 W Lewis Street A & B Whiteville, NC.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two separate duplex units, each with 2 bedrooms and 1 bathroom; Both units include living areas on both floors; 2,105 property size
More about this property
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