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    Smithfield, NC
    Residential Income

    Smithfield, NC Residential Income Properties for Sale

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    Lillington, NC Selma, NC Pine Level, NC
    Two-Bedroom Duplex with Fenced Yard
    Updated: Apr 8
    Two-Bedroom Duplex with Fenced Yard

    59 N Sussex Drive, Smithfield, NC 27577

    $139,900
    1,008 sqft · 0.16 AC lot
    2‑bedroom, 2‑bath duplex built in 1989 with ranch architectural style
    Laminate and tile flooring, smooth ceilings, and cathedral ceilings
    Eat‑in kitchen with laminate counters plus appliances including dishwasher, electric range, microwave, and washer/dryer
    Heat pump heating and cooling
    Fenced, privacy‑enclosed back yard with rain gutters and a porch
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    This listing looks promising.

    Here's a quick look at some key insights for

    59 N Sussex Drive, Smithfield, NC 27577

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    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $10K
      Annual

    • Price @ 7% Cap

      $147K
      Above asking

    • Property Type

      Townhouse
      Built 1989
    View Property Analytics
    Mixed-Use Property Near Downtown
    Updated: Oct 5, 2022
    Mixed-Use Property Near Downtown

    509 E Market St, Smithfield, NC 27577

    $1,200,000
    Mixed‑use property offering residential, retail, and office possibilities
    Located near the downtown core
    Boasts 200 ft of frontage on E. Market Street
    Also features side frontage on S. 6th Street
    Retail storefronts available
    View details
    Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 2 Active listings in Smithfield, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 31 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.

    2024-Built Duplex
    2024-Built Duplex

    203 N Sellers Street, Selma, NC 27576

    $529,000
    3,050 sqft · 0.12 AC lot

    Newer duplex with two units, each offering four bedrooms and 2.5 baths, currently occupied by tenants.

    View details
    New Duplex in Selma, NC
    New Duplex in Selma, NC

    408 E Waddell Street, Selma, NC 27576

    $449,000
    2,510 sqft · 0.11 AC lot

    New construction duplex with 3 bedrooms and 2.5 baths.

    View details
    Residential Acreage with Mobile Home
    Residential Acreage with Mobile Home

    101 Eddie Drive lot: 4A, Princeton, NC 27569

    $108,204
    1.01 AC lot

    A 1.01-acre homesite with an existing mobile home, utilities, and room to expand in the Princeton school district.

    View details
    Residential Acreage with Existing Mobile Home
    Residential Acreage with Existing Mobile Home

    101 Eddie Drive, Princeton, NC 27569

    $108,204
    1.01 AC lot

    A 1.01-acre rural lot with an existing mobile home offers flexible options for occupancy, rental, or replacement.

    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.

    Land Ready for Townhomes
    Land Ready for Townhomes

    19 & 21 Waddell Drive, Smithfield, NC 27577

    $500,000
    1.88 AC lot

    Land parcel zoned for 17 townhomes in Smithfield, NC.

    View details
    Residential-Agricultural Land Two Tracts
    Residential-Agricultural Land Two Tracts

    Hill Road, Smithfield, NC 27577

    $5,450,000
    144.40 AC lot

    Two-tract parcel with ample road frontage, zoned Residential/Agricultural in the Smithfield area of Johnston County.

    View details
    Cleared Corner Lot in Selma
    Cleared Corner Lot in Selma

    E Preston Street, Selma, NC 27576

    $30,000
    0.09 AC lot

    Corner lot in upcoming Selma, NC, near amenities and highways.

    View details
    Selma, NC Land Opportunity
    Selma, NC Land Opportunity

    N Webb Street, Selma, NC 27576

    $83,000
    1.00 AC lot

    Spacious lot near amenities, ideal for building your dream home.

    View details

    Off-Market Properties in Smithfield, NC

    Consider similar Off-Market properties in Smithfield, 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.

    306 Canterbury Rd
    GARDEN APT, COURT APT (5+ UNITS)

    306 Canterbury Rd, Smithfield, NC 27577-4812

    $695,000
    Estimated value
    5,520 sqft · 2.51 AC lot
    View details
    299 Brogden School Rd
    GARDEN APT, COURT APT (5+ UNITS)

    299 Brogden School Rd, Smithfield, NC 27577-8850

    $1,290,000
    Estimated value
    10,368 sqft · 18.21 AC lot
    View details
    715 3rd St
    GARDEN APT, COURT APT (5+ UNITS)

    715 3rd St, Smithfield, NC 27577-4370

    Value Estimation by Request
    5,016 sqft · 0.79 AC lot
    View details
    207 Evergreen Ln, Unit 221
    GARDEN APT, COURT APT (5+ UNITS)

    207 Evergreen Ln, Smithfield, NC 27577-9347

    Unit 221
    $515,000
    Estimated value
    4,368 sqft · 4.25 AC lot
    View details
    2201 Kay Dr, Unit 2206
    GARDEN APT, COURT APT (5+ UNITS)

    2201 Kay Dr, Smithfield, NC 27577-5225

    Unit 2206
    $745,000
    Estimated value
    5,913 sqft · 8.25 AC lot
    View details
    Davis St
    GARDEN APT, COURT APT (5+ UNITS)

    Davis St, Smithfield, NC 27577

    Value Estimation by Request
    3,538 sqft · 2.60 AC lot
    View details
    1102 Collier St
    GARDEN APT, COURT APT (5+ UNITS)

    1102 Collier St, Smithfield, NC 27577

    Value Estimation by Request
    2,297 sqft · 0.08 AC lot
    View details
    4552 Stevens Sausage Rd, Unit 4560
    GARDEN APT, COURT APT (5+ UNITS)

    4552 Stevens Sausage Rd, Smithfield, NC 27577-7525

    Unit 4560
    Value Estimation by Request
    3,360 sqft · 1.09 AC lot
    View details
    129 3rd St
    GARDEN APT, COURT APT (5+ UNITS)

    129 3rd St, Smithfield, NC 27577-4539

    $1,405,000
    Estimated value
    16,800 sqft · 0.62 AC lot
    View details
    212 Underwood Ave, Unit A
    GARDEN APT, COURT APT (5+ UNITS)

    212 Underwood Ave, Smithfield, NC 27577-5109

    Unit A
    Value Estimation by Request
    2,746 sqft · 0.98 AC lot
    View details
    606 Caswell St
    GARDEN APT, COURT APT (5+ UNITS)

    606 Caswell St, Smithfield, NC 27577-3955

    Value Estimation by Request
    3,752 sqft · 1.36 AC lot
    View details
    506 Caswell St
    GARDEN APT, COURT APT (5+ UNITS)

    506 Caswell St, Smithfield, NC 27577-3964

    Value Estimation by Request
    3,108 sqft · 0.52 AC lot
    View details
    521 3rd St
    GARDEN APT, COURT APT (5+ UNITS)

    521 3rd St, Smithfield, NC 27577-4470

    Value Estimation by Request
    3,602 sqft · 0.28 AC lot
    View details
    57 Rand St
    Land

    57 Rand St, Smithfield, NC 27577

    Value Estimation by Request
    0.32 AC lot
    View details
    Hill Rd
    Farms

    0 Hill Rd, Smithfield, NC 27577

    Value Estimation by Request
    144.40 AC lot
    View details
    620 Ogburn Rd
    Land

    620 Ogburn Rd, Smithfield, NC 27577

    Value Estimation by Request
    56.00 AC lot
    View details
    58 Rand St
    Land

    58 Rand St, Smithfield, NC 27577

    Value Estimation by Request
    0.16 AC lot
    View details
    Rand St
    Land

    0 Rand St, Smithfield, NC 27577

    Value Estimation by Request
    0.16 AC lot
    View details
    - S Brightleaf Blvd
    Land

    0 - S Brightleaf Blvd, Smithfield, NC 27577

    Value Estimation by Request
    12.55 AC lot
    View details
    202 Skyland Dr
    GARDEN APT, COURT APT (5+ UNITS)

    202 Skyland Dr, Smithfield, NC 27577-5626

    $1,990,000
    Estimated value
    26,642 sqft · 2.59 AC lot
    View details
    204 Skyland Dr
    GARDEN APT, COURT APT (5+ UNITS)

    204 Skyland Dr, Smithfield, NC 27577-5634

    $1,995,000
    Estimated value
    26,642 sqft · 2.46 AC lot
    View details
    Pne St
    GARDEN APT, COURT APT (5+ UNITS)

    Pne St, Smithfield, NC 27577

    Value Estimation by Request
    3,096 sqft · 0.48 AC lot
    View details

    Smithfield, NC Residential Income Properties Market Trends and Statistics

    Explore 33 residential income properties for sale in Smithfield, NC on our real estate platform. These investment opportunities span a total of 2,426 square feet of properties for sale, with an estimated market value of $400,390.

    Sale prices for residential income properties in Smithfield, NC start at $139,900, averaging $200,195, and reaching up to $260,490 — 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

    Multifamily properties 2
    Duplexes 1

    Demographics Overview

    Population 27K
    Population Growth (5Y) +6.4%
    Median Household Income $56,237
    College Educated 27.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    27577 $200.2K

    Taxes & Financing

    Tax Rate (average for all types) 1.22%
    Property Tax per SF $21.79 per SF
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Johnston County

    New Delisted

    Total CRE Inventory on Market (SF)

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