408 E Waddell Street, Selma, NC 27576
- Added:
- Apr 30, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 18 at 11:06 am
Property Features for 408 E Waddell Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RES
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bedroom 3, Bathroom 21, Bedroom 1, Bathroom 5, Bathroom 29, Bathroom 22, Bathroom 33, Bathroom 43, Bathroom 38, Bathroom 14, Bathroom 46, Bathroom 1, Bathroom 36, Bathroom 50, Bathroom 35, Bathroom 31, Bathroom 34, Bathroom 2, Bathroom 40, Bedroom 5, Bathroom 25, Bathroom 18, Bathroom 27, Bathroom 7, Bathroom 28, Bathroom 23, Bathroom 47, Bathroom 16, Bathroom 32, Bathroom 42, Bathroom 37, Bathroom 3, Bathroom 17, Bathroom 6, Bathroom 4, Bathroom 30, Bedroom 2, Bathroom 48, Bathroom 9, Bathroom 10, Bathroom 11, Bathroom 20, Bathroom 24, Bathroom 44, Bathroom 49, Bathroom 45, Bedroom 4, Bathroom 12, Bathroom 8, Bathroom 13, Bathroom 15, Bathroom 19, Bathroom 39, Bathroom 26, Bathroom 41, Bedroom 6
- Interior features
- Ceiling Fan(s)
- Appliances
- Dishwasher, Free-Standing Electric Oven
- Standard status
- Pending
- APN
- 14021001, 14029020A
- Size
- 2,510 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- W Waddell M21 L1
- Tax Annual Amount
- 5137
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Vinyl
- Building materials
- Vinyl Siding
- Roof type
- Shingle, Asphalt
Listing agent Chris Murphy (781) 724-7223
Listing office Next Stage Realty 11312 US 15-501 N STE 107/224, Cary, NC (919) 533-9797
Listing date Apr 30, 2026
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.
HighLights
- 2023‑built duplex with 3 bedrooms and 2.5 baths on each side
- 2 units per building (each building sold as a building)
- Part of a total 6 duplexes by the same seller; package option available (also can be sold individually)
- Central air conditioning and forced‑air heating
- Appliances include dishwasher and a free‑standing electric oven
- Vinyl siding exterior with asphalt shingle roof; public water and public sewer
Overview
Local 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 | $38.6k | $15.36 |
| − Vacancy | −$2.0k | −$0.80 |
| EGI | $36.5k | $14.56 |
| − OpEx | −$11.0k | −$4.37 |
| NOI | $25.6k | $10.19 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Selma
- County
- Johnston
- State
- North Carolina
- Longitude
- -78.279364
- Latitude
- 35.534401
