Tenant-Occupied
4335 West Pine Street Farmville, NC 27828
New
MULTI_FAMILY - Farmville, NC
Property size:
1,619 SFLot size:
1.49 AcresPrice / SF:
$98/SF- Added:
- Jul 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 10 at 2:06 pm
Property Features for 4335 West Pine Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- res
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 3
- Parking features
- Paved or Surfaced
- Patio and Porch features
- Porch
- Interior features
- Wash/Dry Connect
- Standard status
- Active
- APN
- 4617858026
- Size
- 1,619 SF
- Lot size
- 1.49 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- parcel # 05714
Utilities
- Heating system
- Space Heater
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1920
- Floors in Building
- 1
- Number of units
- 3
- Building materials
- Vinyl Siding, Wood Siding, Wood Frame
- Roof type
- Composition, Metal
Listing agent Kevin Lee License #186173 (252) 327-9668
Listing office Lee and Harrell Real Estate Professionals 644 E Arlington Blvd, Greenville, NC (252) 355-5006
Listing date Jul 9, 2026
MLS# 100587647
Listing URL
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.
The property at 4335 West Pine Street includes three separate homes on a single parcel, totaling 1,619 square feet. Each home is tenant occupied, and the current leases are month to month. The lot measures 1.49 acres and the property is listed under residential zoning (res).
Located in Farmville, NC within a downtown area, the homes benefit from a centrally positioned address on West Pine Street. The seller’s remarks indicate all units are currently leased, which may appeal to buyers looking to step into an operating rental arrangement rather than starting from vacancy.
This triplex setup is designed for investors or buyers seeking multi-unit residential income in Farmville. Because tenants are already in place on month-to-month terms, the property may be a straightforward option for those who want existing occupancy and flexibility around future unit turnover. As reflected in the listing, the asset is comprised of three distinct residences under one ownership, providing an individual home structure within a single purchase.
Located in Farmville, NC within a downtown area, the homes benefit from a centrally positioned address on West Pine Street. The seller’s remarks indicate all units are currently leased, which may appeal to buyers looking to step into an operating rental arrangement rather than starting from vacancy.
This triplex setup is designed for investors or buyers seeking multi-unit residential income in Farmville. Because tenants are already in place on month-to-month terms, the property may be a straightforward option for those who want existing occupancy and flexibility around future unit turnover. As reflected in the listing, the asset is comprised of three distinct residences under one ownership, providing an individual home structure within a single purchase.
Key Highlights
- Parcel includes 3 separate homes, all tenant occupied
- All tenants are month‑to‑month
- Year built: 1920
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 | $16.5k | $10.20 |
| − Vacancy | −$1.1k | −$0.66 |
| EGI | $15.4k | $9.54 |
| − OpEx | −$4.6k | −$2.86 |
| NOI | $10.8k | $6.68 |
1,619 SF · lease $10.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$154.4K
$135.1K – $180.1K
NOI $10,808 @ 7.0% cap · market cap 6.76%
Second Best
Apartment 5plus
$143.8K
$125.8K – $167.8K
NOI $10,066 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$352.4K
$308.4K – $411.2K
NOI $24,670 @ 7.0% cap · market cap 15.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - A three-home rental property with month-to-month tenants and a downtown Farmville address.
Where is this triplex located?
The property is located at 4335 West Pine Street Farmville, NC.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Parcel includes 3 separate homes, all tenant occupied; All tenants are month‑to‑month; Year built: 1920
