4-Home Multifamily
New
For Sale
$449,900
5889 NC Highway 66, King, NC 27021
Residential Income, King, NC
Property SizeContact for details
Lot Size0.94 Acres
Days on Market2
Property Features for 5889 NC Highway 66
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-A
Directions
From N Winston, Take Hwy 66 N/Broad St for about 8 miles, property is on the right. When using GPS, use google maps. Apple maps and Waze will take you somewhere else
Standard status
Active
Lot size
0.94 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
1519
Building Details
Year built
1950
Number of units
4
Buildings
4
Listing Agency:
R&B Legacy Group
(336) 955-1056
Listed By:
Leah Pappas Martinez
(336) 813-9615
Added: Oct 23
Last Checked: Oct 24 at 6:06PM
MLS# 1240031
Copyright © 2026 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property comprises four detached residences on a 0.94-acre parcel: two 3-bedroom, 1-bath homes, one 2-bedroom, 1-bath home, and a studio. All four are occupied. The original residence dates to 1950. Improvements include a studio roof replacement and mini-split installations in the 3-bedroom and 2-bedroom homes in 2025, plus HVAC replacement in the other 3-bedroom home in 2023.
The property has public water and two separate septic systems, which are pumped annually.
The property has public water and two separate septic systems, which are pumped annually.
Key Highlights
- Four occupied homes: two 3BR/1BA units, one 2BR/1BA unit, and a studio
- 0.94‑acre parcel
- Studio roof and mini‑splits in the 3BR and 2BR homes updated in 2025
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Explore this area
Business Placement
Demographics for 27021, NC
17,345
Population
7,926
Households
2.2
Avg Household Size
46
Median Age
24%
College-Educated
93%
High-School Grad
53.7 sq mi
ZIP Area
323
Density / Sq Mi
$61,736
Median Household Income
$43,041
Median Earnings
$912
Median Rent
$203,600
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
Frequently Asked Questions
What type of property is this?
Multifamily property - Four occupied residences provide an existing rent-producing configuration on a shared parcel.
Where is this multifamily property located?
The property is located at 5889 NC Highway 66 King, NC.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Four occupied homes: two 3BR/1BA units, one 2BR/1BA unit, and a studio; 0.94‑acre parcel; Studio roof and mini‑splits in the 3BR and 2BR homes updated in 2025
