INVESTOR OPPORTUNITY – LONG-TERM TENANT IN PLACE! Built in 1915, this two-story mill-style home offers an opportunity for an investor looking to add an income-producing property to their portfolio. Currently rented for $500 per month with a tenant who has occupied the home for approximately 10 years and would like to remain. This 2-bedroom home is being sold AS-IS, with seller making no repairs. Property has an established rental history along with potential for future improvements. Tenant occupied—advance notice required for showings. Please do not disturb tenant.
For sale
Price cut: $5K (10/22)
$37,000
314 Madison St, Roanoke Rapids, NC 27870
2beds
714sqft
Residential/Vacation
Built in 1915
4,181 Square Feet Lot
$-- Zestimate®
$52/sqft
$-- HOA
What's special
- 49 days
- 236
- 12
Zillow last checked:
Listing updated:
Listed by:
Vickie Irby,
Coldwell Banker Advantage-Littleton
Source: Roanoke Valley Lake Gaston BOR,MLS#: 142832
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air
Appliances
- Included: None
Features
- None
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 714
- Total interior livable area: 714 sqft
- Finished area above ground: 714
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: None-Carport
Features
- Levels: One and One Half
- Stories: 1.5
- Has view: Yes
- View description: Neighborhood
- Body of water: None
Lot
- Size: 4,181 Square Feet
Details
- Parcel number: 0904683
- Zoning description: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential/Vacation
Materials
- Foundation: Crawl Space
Condition
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: .Non-Subdivision
Location
- Region: Roanoke Rapids
Financial & listing details
- Price per square foot: $52/sqft
- Tax assessed value: $31,100
- Annual tax amount: $844
- Date on market: 9/16/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$899/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2026 | Price change | $37,000-11.9%$52/sqft |
Source: Roanoke Valley Lake Gaston BOR #142832 Report a problem | ||
| 9/16/2026 | Listed for sale | $42,000$59/sqft |
Source: Roanoke Valley Lake Gaston BOR #142832 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $844 +1.9% | $31,100 |
| 2024 | $828 +9.8% | $31,100 +22% |
| 2023 | $754 +3.3% | $25,500 |
| 2022 | $730 +3.8% | $25,500 |
| 2021 | $704 | $25,500 |
| 2020 | -- | $25,500 +23.8% |
| 2019 | -- | $20,600 -10.8% |
| 2018 | $633 | $23,100 |
| 2017 | $633 | $23,100 |
| 2016 | $633 | $23,100 |
| 2015 | $633 +1.7% | $23,100 -7.2% |
| 2014 | $623 | $24,880 |
| 2013 | -- | $24,880 |
| 2012 | -- | $24,880 |
| 2011 | -- | $24,880 |
| 2010 | -- | $24,880 |
| 2009 | -- | $24,880 |
| 2008 | -- | $24,880 |
| 2007 | -- | $24,880 -10.1% |
| 2006 | -- | $27,680 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 27870
Nearby schools
Schools provided by the listing agent
- Elementary: Belmont
- Middle: Chaloner
- High: Roanoke Rapids
Source: Roanoke Valley Lake Gaston BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
