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Duplex With Secondary Building
For Sale
$185,500
Pending

Greenville, NC 27834, Greenville, NC 27834

Residential Income, Greenville, NC

Property Size2,371 SF
Lot Size0.15 Acres
Days on Market183

Property Features

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R6
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 2
Parking features Off Street
Window features Storm Window(s)
Patio and Porch features Porch
Interior features 2nd Kitchen, Apt/Suite, Pantry
Exterior features Storm Doors, Thermal Doors
Lot features Corner Lot
Elementary school South Greenville
Middle school C.M. Eppes Middle School
High school J.H. Rose High School
High school district Pitt County Schools
Subdivision Not In Subdivision
Standard status Pending
Size 2,371 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1467

Utilities

Heating system Forced Air, Electric (Heating)
Cooling system Central Air

Amenities

yard
wraparound porch

Building Details

Year built 1908
Floors in Building 2
Number of units 2
Flooring type Parquet Wood, Wood, Vinyl
Building materials Vinyl Siding, Wood Frame
Roof type Shingle
Listing Agency: Select Premium Properties Inc.
Listed By: Stephanie Smith · License #233506
Added: Apr 10 Changed: Oct 8 Last Checked: Oct 9 at 1:06PM
MLS# 100566409

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 2,371-square-foot property includes a duplex and a separate secondary building on a 0.15-acre parcel. Each duplex unit has its own entrance and separate water, electric, and gas meters. The additional building, previously used as a studio apartment, has separate water and electric meters. It may also serve as storage, a private work area, or office space. The property was built in 1908 and is offered in as-is condition.

A wraparound porch was renovated in 2022. The property is zoned R6 and is in Greenville, North Carolina, within a 10-minute walk of the downtown entertainment district. The hospital, schools, shopping, grocery stores, and East Carolina University are also described as nearby.

Key Highlights

  • Duplex with two separately metered units and individual entrances
  • 2,371 square feet on a 0.15‑acre parcel
  • Secondary building with separate water and electric meters

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,829
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,580 $316.6K
Cap Rate 7%
$226,129 $226.1K
Cap Rate 9%
$175,878 $175.9K
Market Conditions
NOI Build-Up for 2,371 SF
Gross rent
$24.2K $10.20/SF
− Vacancy
−$1.6K −$0.66/SF
EGI
$22.6K $9.54/SF
− OpEx
−$6.8K −$2.86/SF
NOI
$15.8K $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%
$316,580
Cap Rate 7%
$226,129
Cap Rate 9%
$175,878

Alternative Uses

Best Use
Multifamily LT 5
$226.1K
$197.9K – $263.8K (±1% cap)
NOI $15,829 @ 7.0% cap · market cap 8.53%
Second Best
Apartment 5plus
$210.6K
$184.3K – $245.7K (±1% cap)
NOI $14,741 @ 7.0% cap · market cap 7.95%
Theoretical Best
Office A
$516.1K
$451.6K – $602.2K (±1% cap)
NOI $36,129 @ 7.0% cap · market cap 19.48%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 27834, NC

55,051
Population
27,368
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
88%
High-School Grad
174.3 sq mi
ZIP Area
316
Density / Sq Mi
$48,081
Median Household Income
$36,755
Median Earnings
$941
Median Rent
$161,700
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 - A second structure offers space for storage, a private work area, or office use.
Where is this duplex located?
The property is located at Greenville, NC.
What is the asking price?
The asking price for this property is $185,500.
What are key features of this property?
This property features: Duplex with two separately metered units and individual entrances; 2,371 square feet on a 0.15‑acre parcel; Secondary building with separate water and electric meters
More about this property
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