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Multifamily Property

404 High St, Rocky Mount, NC 27803

For Sale
$56,700
Pending

HUD-owned asset offered in as-is condition and subject to appraisal.

Property Size1,316 SF
Days on Market61

Property Features for 404 High St

General Information

Standard status Pending
Size 1,316 SF
Property subtype Multi-Family

Building Details

Year Built 1954
Listing Agency: Meybohm Real Estate - Evans
Listed By: Kelli Salter
Source: Carolinarealestatecentral
Added: Sep 9 Changed: Nov 6 Last Checked: Nov 6 at 9:07AM

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 Meybohm Real Estate - Evans

Rey
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Investment Insights

Based on property information with market context.

This multifamily property at 404 High St in Rocky Mount, NC, was constructed in 1954 and is identified with a property size of 1,316. The asset is offered by the US Department of HUD in its existing condition.

The sale is subject to appraisal, and the seller makes no representations or warranties regarding property condition. The property carries Insurable Code UI, meaning it is classified as uninsurable. Eligible buyers may request a seller contribution of up to 3 percent toward closing costs, subject to the stated sale terms.

Key Highlights

  • US Department of HUD‑owned multifamily property
  • Property size recorded as 1,316
  • Built in 1954

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

738
Businesses Nearby

Demographics for 27803, NC

20,882
Population
10,079
Households
2.1
Avg Household Size
44
Median Age
23%
College-Educated
88%
High-School Grad
41.9 sq mi
ZIP Area
498
Density / Sq Mi
$59,647
Median Household Income
$38,154
Median Earnings
$889
Median Rent
$168,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Rocky Mount, NC

$405 Jul
$255 Aug
$220 Sep
$214 Oct

Properties on Market for Multifamily properties in Rocky Mount

Jul
Aug
Sep
Oct

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?
Multifamily property - HUD-owned asset offered in as-is condition and subject to appraisal.
Where is this multifamily property located?
The property is located at 404 High St Rocky Mount, NC.
What is the asking price?
The asking price for this property is $56,700.
What are key features of this property?
This property features: US Department of HUD‑owned multifamily property; Property size recorded as 1,316; Built in 1954
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