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    Residential Income Duplex Title is generated by Realmo AI

    906 Corbett Avenue NE, Wilson, NC 27893

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    Claim this Listing
    For Sale
    $180,000

    MULTI_FAMILY - Wilson, NC

    Property size:
    1,380 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $130/SF
    Added:
    Dec 31, 2025
    Days on Market:
    161
    Last Refresh:
    Jun 10 at 1:06 am

    Property Features for 906 Corbett Avenue NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RA8
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
    Patio and Porch features
    Porch
    Interior features
    Master Downstairs
    Standard status
    Active
    APN
    3722-35-1985.000
    Size
    1,380 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    06 CORBETT AVE NE L19 1.00LT
    Tax Annual Amount
    1331

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Floors in Building
    1
    Number of units
    2
    Building materials
    Block, Vinyl Siding
    Roof type
    Shingle

    We can help!

    Listing Contact
    James Jones
    James Jones

    Listing agent James Jones License #306407

    Listing office Legacy Builder, LLC 301 S Center St., Goldsboro, NC

    Listing date Dec 31, 2025

    MLS# 100546981 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.

    HighLights

    • Multi‑family home at 906 Corbett Ave NE with master bedroom downstairs
    • Built in 1950 with block construction and vinyl siding
    • Central air conditioning and natural gas heating
    • Shingle roof
    • Porch included

    Overview

    This multi-family duplex at 906 Corbett Avenue NE offers residential income potential with a 1,380-square-foot building footprint situated on a 0.23-acre lot. The listing describes functional layouts across the units, designed to support straightforward long- and short-term occupancy strategies. The property is positioned within RA8 zoning.

    Located in Wilson, the home is described as being just minutes from Barton College. The remarks further note close proximity to downtown amenities, dining, and major thoroughfares, which can make the location appealing to renters seeking convenient access to campus and everyday services.

    For buyers looking for a duplex-style income property, the space and configuration may support student housing use cases, as well as long-term rental objectives. The listing specifically highlights that each unit includes functional layouts and that the location may help attract consistent occupancy from renters drawn to the campus and surrounding area. Investors and owner-occupants can evaluate how the property’s unit configuration aligns with their preferred tenant mix and operating plan.

    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 $17.4k $12.60
    − Vacancy −$1.3k −$0.95
    EGI $16.1k $11.66
    − OpEx −$4.8k −$3.50
    NOI $11.3k $8.16
    1,380 SF · lease $12.60/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $160.8K
    $140.7K – $187.7K (±1% cap)
    NOI $11,259 @ 7.0% cap · market cap 6.25%
    Second Best
    Apartment 5plus
    $148.8K
    $130.2K – $173.7K (±1% cap)
    NOI $10,419 @ 7.0% cap · market cap 5.79%
    Theoretical Best
    Office A
    $331.2K
    $289.8K – $386.4K (±1% cap)
    NOI $23,185 @ 7.0% cap · market cap 12.88%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilson
    County
    Wilson
    State
    North Carolina
    Longitude
    -77.910914
    Latitude
    35.739774

    FAQs

    What type of property is this?
    Duplex - Zoned RA8 and sized at 1,380 SF on a 0.23-acre lot near Barton College.
    Where is this duplex located?
    The property is located at 906 Corbett Avenue NE Wilson, NC.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: Multi‑family home at 906 Corbett Ave NE with master bedroom downstairs; Built in 1950 with block construction and vinyl siding; Central air conditioning and natural gas heating
    More about this property
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