313 W Lewis Street, Whiteville, NC 28472
MULTI_FAMILY - Whiteville, NC
Property Features for 313 W Lewis Street
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The lot measures 0.1774 acres, and the property was built in 1937. Water is provided by public supply. Zoning is listed as X.
With public water, central cooling, and a straightforward two-unit configuration, this duplex supports a multi-tenant setup with consistent unit amenities.
Key Highlights
- Two separate double‑level rentals in a duplex layout
- Each unit has two bedrooms and one bathroom with living space on both floors
- Central air cooling plus ceiling fans
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 | $28.5k | $13.56 |
| − Vacancy | −$1.7k | −$0.82 |
| EGI | $26.8k | $12.74 |
| − OpEx | −$8.0k | −$3.82 |
| NOI | $18.8k | $8.91 |
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Demographics for 28472, NC
Market
Vacancy Rate% for Multifamily in South region