Building Details

Year Built 1993

Buildings 1

Construction brick

Listing Agency: Century 21 The Realty Group

Listed By: Tahaia (Kunny) Brothers · License #212607 Show Phone

Source: Bradberrygarnerrealestate

Added: Aug 13 Changed: Oct 25 Last Checked: Oct 7 at 1:43PM

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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 Century 21 The Realty Group

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Investment Insights

Based on property information with market context.

Built in 1993, this 2,177-square-foot brick duplex contains two residential sides, each arranged with two bedrooms and two bathrooms. The units are described as spacious and provide matching two-bedroom, two-bathroom layouts.

Both sides are leased, with one lease extending through 4/30/27 and the other through 6/30/27. The owner’s stove and dishwasher convey with the property; tenant-owned appliances in side A are excluded. Showings require 24 hours’ notice.

Key Highlights

• 2,177‑square‑foot duplex built in 1993
• Two units, each with 2 bedrooms and 2 bathrooms
• Brick construction with spacious layouts

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$14,533

Cap Rate

5.19%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$290,660 $290.7K

Cap Rate 7%

$207,614 $207.6K

Cap Rate 9%

$161,478 $161.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,177 SF

Gross rent

$22.2K $10.20/SF

− Vacancy

−$1.4K −$0.66/SF

EGI

$20.8K $9.54/SF

− OpEx

−$6.2K −$2.86/SF

NOI

$14.5K $6.68/SF

Area

Pitt County, NC

Vacancy

6.50%

Lease Rate

$10.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$290,660

Cap Rate 7%

$207,614

Cap Rate 9%

$161,478

Alternative Uses

Best Use

Multifamily LT 5

$207.6K

$181.7K – $242.2K (±1% cap)

NOI $14,533 @ 7.0% cap · market cap 5.19%

Second Best

Apartment 5plus

$193.4K

$169.2K – $225.6K (±1% cap)

NOI $13,535 @ 7.0% cap · market cap 4.83%

Theoretical Best

Office A

$473.9K

$414.7K – $552.9K (±1% cap)

NOI $33,173 @ 7.0% cap · market cap 11.85%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Open Analytics

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

193

Businesses Nearby

Explore this area Business Placement

Demographics for 28590, NC

28,326

Population

11,793

Households

2.4

Avg Household Size

37

Median Age

42%

College-Educated

93%

High-School Grad

41.2 sq mi

ZIP Area

688

Density / Sq Mi

$83,318

Median Household Income

$48,116

Median Earnings

$1,076

Median Rent

$243,400

Median Home Value

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 - Brick duplex offering two spacious residential units with matching layouts and existing leases.

Where is this duplex located?

The property is located at 4126 Bridge Court A & B Winterville, NC.

What is the asking price?

The asking price for this property is $280,000.

What are key features of this property?

This property features: 2,177‑square‑foot duplex built in 1993; Two units, each with 2 bedrooms and 2 bathrooms; Brick construction with spacious layouts