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Duplex Requiring Renovation
For Sale
$92,000
Pending

512 Nicholson Street, Clinton, NC 28328

Two residential units provide two bedrooms and one full bath apiece, with the property offered in its present condition.

Property Size1,536 SF
Days on Market335

Property Features for 512 Nicholson Street

General Information

Standard status Pending
Size 1,536 SF
Property subtype Residential Income / Duplex
Zoning R

Property Condition

Severity Major Repairs Needed
Evidence requires extensive repairs and updates

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,216

Amenities

One
None, No
Yes, Baseboard, Electric
No
4
MLS
2.0
2
Electric
Shingle
1
Vinyl Siding
Crawl Space
Vinyl Siding, Wood Frame

Building Details

Year Built 1950
Listing Agency: ELC Real Estate Inc.
Listed By: Georgina G Zeng · License #277498
Source: Compass
Added: Oct 15, 2025 Changed: Sep 8 Last Checked: Sep 13 at 11:37AM

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 ELC Real Estate Inc.

Investment Insights

Based on property information with market context.

Built in 1950, this 1,536-square-foot duplex contains two residential units, each configured with 2 bedrooms and 1 full bath. The property requires extensive repairs and updates and is being sold AS-IS, providing a renovation-focused acquisition for a buyer prepared to address the existing condition.

The property is within the city limits and positioned within walking distance of downtown. It carries R zoning and includes vinyl siding, a wood-frame structure, and crawl-space construction. The central setting and two-unit layout provide a clear framework for evaluating future residential use after improvements.

Key Highlights

  • Two‑unit duplex with 1,536 SF of total property size
  • Each unit includes 2 bedrooms and 1 full bath
  • Property requires extensive repairs and updates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Bakery Electrical Service (Bike/Boat/Book/etc) Store Home Appliance Store Butcher Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

859
Businesses Nearby

Demographics for 28328, NC

25,300
Population
10,846
Households
2.3
Avg Household Size
40
Median Age
17%
College-Educated
81%
High-School Grad
245.8 sq mi
ZIP Area
103
Density / Sq Mi
$48,137
Median Household Income
$35,063
Median Earnings
$795
Median Rent
$152,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units provide two bedrooms and one full bath apiece, with the property offered in its present condition.
Where is this duplex located?
The property is located at 512 Nicholson Street Clinton, NC.
What is the asking price?
The asking price for this property is $92,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,536 SF of total property size; Each unit includes 2 bedrooms and 1 full bath; Property requires extensive repairs and updates
More about this property
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