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R6-MFA Multifamily Income Property
For Sale
$70,200

404 High Street, Rocky Mount, NC 27803

MULTI_FAMILY - Rocky Mount, NC

Property Size1,940 SF
Lot Size0.17 Acres
Price / SF$36.19
Days on Market74

Property Features for 404 High Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R6-MFA
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
Patio and Porch features Porch
Subdivision Not In Subdivision
Elementary school Edwards Elementary
Middle school Rocky Mount Middle
High school Rocky Mount
Directions From Sharpsburg headed towards Rocky Mount, take US-301 BUS. Turn left onto High St
Special listing conditions In Foreclosure, Real Estate Owned
Standard status Active
APN 3759-10-47-1142
Size 1,940 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 14 3 22, LTS 8 & 9 BK T NEW SOUTH DEVELOPMENT
Tax Annual Amount 568
Legal Description 14 3 22, LTS 8 & 9 BK T NEW SOUTH DEVELOPMENT

Utilities

Heating system Natural Gas, Forced Air

Building Details

Year built 1954
Floors in Building 1
Number of units 2
Building materials Asbestos, Wood Frame
Roof type Shingle
Listing Agency: ROCHELLE MOON REALTY
Listed By: ROCHELLE MOON · License #216224
Added: May 19 Changed: Jul 18 Last Checked: Jul 31 at 3:06AM
MLS# 100575504

Copyright © 2026 Hive 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.

This multifamily residential income property is listed under R6-MFA zoning and totals 1,940 square feet. The offering includes a HUD case asset with ownership conveyed on an as-is basis, with the seller providing no representations or warranties regarding the property’s condition.

The property is located at 404 High Street in Rocky Mount, North Carolina 27803, within Nash County. The HUD remark notes that the insurable code is UI (UnInsurable) and that the transaction is subject to appraisal. The listing also indicates EHO terms.

For buyers or investors seeking a residential income property for consideration under the stated HUD process, this asset is structured to be purchased as-is and may require buyers to do their own due diligence on condition. Buyers should also review the stipulations tied to the HUD case and the appraisal requirement before proceeding. The seller may contribute up to 3% toward buyer closing costs upon buyer request, which should be factored into purchase planning.

Key Highlights

  • Built in 1954
  • Wood frame construction with asbestos present
  • Forced‑air heating with natural gas

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Kitchen & Bath Showroom Gym & Fitness Center Skin Care Clinic Electrical Service

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

539
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

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 - Duplex-style residential income property subject to HUD case rules, sold as-is and marked uninsurable.
Where is this duplex located?
The property is located at 404 High Street Rocky Mount, NC.
What is the asking price?
The asking price for this property is $70,200.
What are key features of this property?
This property features: Built in 1954; Wood frame construction with asbestos present; Forced‑air heating with natural gas
More about this property
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