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    Rocky Mount, NC
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    Rocky Mount, NC Multifamily Properties for Sale

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    Rocky Mount Multifamily Investment Package
    Updated: Mar 7
    Rocky Mount Multifamily Investment Package

    642 Cleveland Street, Rocky Mount, NC 27803

    $260,000
    2,280 sqft · 0.24 AC lot
    Two adjacent income‑producing parcels sold as one package in Rocky Mount, NC (PIN 375909260067 and PIN 375909260120)
    First parcel includes a duplex at 640 and 642 Cleveland St
    Second parcel includes a duplex at 644 and 646 Cleveland St
    Total of 4 units in side‑by‑side duplexes offered together
    1955 construction with block exterior; roof is shingle
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    This listing looks promising.

    Here's a quick look at some key insights for

    642 Cleveland Street, Rocky Mount, NC 27803

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $23K
      Annual

    • Price @ 7% Cap

      $324K
      Above asking

    • Property Type

      Single Family Residence
      Built 1955
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    Rocky Mount Quadruplex: Investor Special
    Updated: Mar 24
    Rocky Mount Quadruplex: Investor Special

    2004 S Church Street, Rocky Mount, NC 27803

    $145,000
    3,968 sqft · 0.30 AC lot
    Quadruplex with 4 units: 2 bed, 1.5 bath each, totaling 3,968 sq ft (992 sq ft per unit).
    Section 8 approved rent of $1,130 per unit; projected rental income of $4,528/month.
    Property needs a full rehab and will not qualify for conventional financing; cash or hard money only.
    Year built 1972 with shingle roof; exterior materials include brick veneer and vinyl siding.
    Utilities: public water and public sewer; central heating and central air.
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    Duplex With One Vacant Unit
    Duplex With One Vacant Unit

    515-517 N Daughtry Street, Rocky Mount, NC 27801

    $119,900
    1,680 sqft · 0.17 AC lot

    Two-unit duplex offers a tenant-occupied unit and a vacant unit for flexible occupancy planning.

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    Residential Rental Portfolio Package
    Residential Rental Portfolio Package

    1716 Lynne Avenue, Rocky Mount, NC 27801

    $5,300,000
    1,940 sqft

    Package sale of 77 rental units across 61 properties in Rocky Mount and nearby Tarboro.

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    Craftsman Duplex for Sale
    Craftsman Duplex for Sale

    412 S Pearl Street, Rocky Mount, NC 27804

    $55,555
    1,688 sqft · 0.14 AC lot

    A 1910 craftsman duplex with two efficient 2-bedroom units, renovated HVAC/electrical, and private porch plus storage for each side.

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    Income-Producing Duplex in Rocky Mount
    Income-Producing Duplex in Rocky Mount

    400 Midway Street, Rocky Mount, NC 27801

    $144,500
    1,870 sqft

    Fully rented duplex offering immediate cash flow in Rocky Mount.

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    Occupied Duplex Income Property
    Occupied Duplex Income Property

    200-202 Coleman Avenue, Rocky Mount, NC 27801

    $69,900
    1,120 sqft · 0.15 AC lot

    Duplex with both units currently occupied, offering a ready-to-own rental setup in Rocky Mount.

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    Rocky Mount Multifamily Property
    Rocky Mount Multifamily Property

    404 High Street, Rocky Mount, NC 27803

    $78,000
    1,940 sqft · 0.17 AC lot

    Multifamily property in Rocky Mount, North Carolina for sale.

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    Multifamily Portfolio with High Yield
    Multifamily Portfolio with High Yield

    520-524 Keen St, Rocky Mount, NC 27804

    $785,000
    7,355 sqft

    Two buildings, ten units, strong return, upside potential.

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    Six-Unit Multifamily Investment Opportunity
    Six-Unit Multifamily Investment Opportunity

    600 S Vyne, Rocky Mount, NC 27803

    $468,000
    4,170 sqft

    Six-unit building, fully occupied, with strong cap rate potential.

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    Rocky Mount Multifamily Duplex
    Rocky Mount Multifamily Duplex

    816 Nashville Road, Rocky Mount, NC 27803

    $139,900
    1,704 sqft

    Duplex in Rocky Mount, NC, renovated in 2020.

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    Income Producing Duplex For Sale
    Income Producing Duplex For Sale

    218 W Virginia Street, Rocky Mount, NC 27804

    $99,900
    0.18 AC lot

    Duplex with new roof and income-producing potential.

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    Multifamily Property For Sale
    Multifamily Property For Sale

    617 Myrtle Avenue, Rocky Mount, NC 27801

    Contact for pricing

    Multifamily property available for sale.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 13 Active listings in Rocky Mount, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Triplex in Historic Wilson District
    Triplex in Historic Wilson District

    408 Lee Street NE, Wilson, NC 27893

    $150,000
    3,189 sqft · 0.42 AC lot

    Triplex in Wilson's historic district, great investment opportunity.

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    Residential Income Duplex
    Residential Income Duplex

    906 Corbett Avenue NE, Wilson, NC 27893

    $180,000
    1,380 sqft · 0.23 AC lot

    Zoned RA8 and sized at 1,380 SF on a 0.23-acre lot near Barton College.

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    Fully Renovated Four-Unit Quadplex
    Fully Renovated Four-Unit Quadplex

    1607 St Andrew, Tarboro, NC 27886

    $489,900
    2,730 sqft · 0.15 AC lot

    Four updated 1-bedroom, 1-bath units with new roof, windows, tankless water heaters, and mini-split HVAC for efficient living.

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    Partially Renovated Duplex Opportunity
    Partially Renovated Duplex Opportunity

    206 S 4th Street, Pinetops, NC 27864

    $89,000
    2,352 sqft

    Duplex with new wiring and plumbing in Pinetops, NC.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Cleared Land with RV Hookups
    Cleared Land with RV Hookups

    124 Kansas Drive, Louisburg, NC 27549

    $75,500
    0.33 AC lot

    Three combined lots offer cleared space for RV use or a future cottage, with an approved 2-bedroom septic permit.

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    Residential Lots in Robersonville, NC
    Residential Lots in Robersonville, NC

    1024 Coburn Lane, Robersonville, NC 27871

    $85,000
    5.91 AC lot

    Land with city utilities, suitable for doublewide mobile homes.

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    Residential Land with Existing Utilities
    Residential Land with Existing Utilities

    163 Deer Run Rd lot: 52,53,54, Roanoke Rapids, NC 27870

    $32,500
    1.72 AC lot

    Partially cleared land with well, septic, and power.

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    Residential Lot in Lake Gaston
    Residential Lot in Lake Gaston

    166 Mariner Court lot: 166, Macon, NC 27551

    Contact for pricing
    0.50 AC lot

    Half-acre residential lot with community Lake Gaston access.

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    Off-Market Properties in Rocky Mount, NC

    Consider similar Off-Market properties in Rocky Mount, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Bulluck Sch Rd
    MOBILE HOME PARK, TRAILER PARK

    Bulluck Sch Rd, Rocky Mount, NC 27801

    Value Estimation by Request
    704 sqft · 49.79 AC lot
    View details
    506 Arrington Ave
    GARDEN APT, COURT APT (5+ UNITS)

    506 Arrington Ave, Rocky Mount, NC 27803-3906

    $535,000
    Estimated value
    4,060 sqft · 0.37 AC lot
    View details
    421 Cascade Ave
    GARDEN APT, COURT APT (5+ UNITS)

    421 Cascade Ave, Rocky Mount, NC 27803-3961

    Value Estimation by Request
    5,832 sqft · 0.53 AC lot
    View details
    757 Dl Dr
    GARDEN APT, COURT APT (5+ UNITS)

    757 Dl Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,450 sqft · 0.36 AC lot
    View details
    723 Dl Dr
    GARDEN APT, COURT APT (5+ UNITS)

    723 Dl Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,306 sqft · 0.30 AC lot
    View details
    Hilltop Dr
    GARDEN APT, COURT APT (5+ UNITS)

    Hilltop Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,888 sqft · 0.46 AC lot
    View details
    Hilltop Dr
    GARDEN APT, COURT APT (5+ UNITS)

    Hilltop Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,306 sqft · 0.35 AC lot
    View details
    Dl Dr
    GARDEN APT, COURT APT (5+ UNITS)

    Dl Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    2,494 sqft · 0.29 AC lot
    View details
    Hilltop Dr
    GARDEN APT, COURT APT (5+ UNITS)

    Hilltop Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,306 sqft · 0.36 AC lot
    View details
    Hilltop Dr
    GARDEN APT, COURT APT (5+ UNITS)

    Hilltop Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,306 sqft · 0.35 AC lot
    View details
    705 Dl Dr
    GARDEN APT, COURT APT (5+ UNITS)

    705 Dl Dr, Rocky Mount, NC 27803

    $4,950,000
    Estimated value
    3,306 sqft · 0.36 AC lot
    View details

    Rocky Mount, NC Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Rocky Mount, NC, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 30,939 square feet of properties for sale, with an estimated market value of $7,760,755.

    Sale prices for multifamily properties in Rocky Mount, NC start at $55,555, averaging $646,729, and reaching up to $5,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 7
    Quadplexes 3
    Apartment buildings 2

    Demographics Overview

    Population 69K
    Population Growth (5Y) +1.5%
    Median Household Income $54,251
    College Educated 17.3%

    High-Yield Neighborhoods for Investment

    Identify Rocky Mount submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    27803 $214.3K
    27804 $313.5K
    27801 $948K

    Taxes & Financing

    Tax Rate (average for all types) 1.11%
    Property Tax per SF $23.95 per SF
    Tax Rate vs County Average 0.19 pp below county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Rocky Mount fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Rocky Mount, NC

    • 27803
    • 27801
    • 27804

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