Don't miss this chance to own a quadplex in the heart of Rocky Mount! This well-maintained multi-family property features four one bedroom, one bathroom units, offering a solid foundation for immediate rental income and long-term growth. Three of the units are currently occupied by long-term tenants who would like to remain, providing stable and reliable cash flow from day one. One unit is vacant giving new owners the flexibility to rent at current market rates or even occupy themselves. This is a rare opportunity to purchase multiple doors at once in a growing rental market.
Sold for $145,000
$145,000
501 Magnolia Drive, Rocky Mount, NC 27801
4beds
4baths
2,112sqft
Quadruplex
Built in 1978
-- sqft lot
$-- Zestimate®
$69/sqft
$2,102 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,102/mo
Zestimate® history
Owner options
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$2,102/mo
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$2,102/mo
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$970/mo
Est. payment
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$970/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Patricia Judith Roberson 252-452-6269,
Foote Real Estate Group
Bought with:
Donna Bailey, 209292
THORNE REALTY, INC.
Source: Hive MLS,MLS#: 100510702
Originating MLS: Rocky Mount Area Association of Realtors
Originating MLS: Rocky Mount Area Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- Wall/Window Unit(s)
Features
- None
- Flooring: Carpet, Vinyl
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 2,112
- Total interior livable area: 2,112 sqft
Property
Parking
- Parking features: Off Street
Features
- Stories: 1
- Patio & porch: Porch
- Fencing: None
Lot
- Size: 0.32 Acres
- Dimensions: 140 x 100
Details
- Parcel number: 386001670200
- Zoning: R6
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding, Wood Frame
- Foundation: Raised
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1978
Community & HOA
Community
- Subdivision: Not In Subdivision
Location
- Region: Rocky Mount
Financial & listing details
- Price per square foot: $69/sqft
- Tax assessed value: $72,895
- Annual tax amount: $1,071
- Date on market: 5/30/2025
- Cumulative days on market: 12 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Listing removed | $169,900+17.2%$80/sqft |
Source:  Hive MLS #100359734 Report a problem | ||
| 7/2/2025 | Sold | $145,000-9.4%$69/sqft |
Source: Hive MLS #100510702 Report a problem | ||
| 6/10/2025 | Pending sale | $160,000$76/sqft |
Source:  Doorify MLS #10099858 Report a problem | ||
| 5/30/2025 | Listed for sale | $160,000-5.8%$76/sqft |
Source: Hive MLS #100510702 Report a problem | ||
| 12/2/2022 | Listing removed | -- |
Source: Hive MLS #100359734 Report a problem | ||
| 11/29/2022 | Listed for sale | $169,900+217.6%$80/sqft |
Source: Hive MLS #100359734 Report a problem | ||
| 1/2/2013 | Sold | $53,500$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $649 | $78,729 +8% |
| 2024 | $649 +10.5% | $72,895 +17.9% |
| 2023 | $587 | $61,853 |
| 2022 | $587 | $61,853 |
| 2021 | $587 -42% | -- |
| 2020 | $1,011 | -- |
| 2019 | $1,011 | -- |
| 2018 | $1,011 -98.3% | -- |
| 2017 | $58,760 +5515.7% | -- |
| 2016 | $1,046 | -- |
| 2015 | $1,046 -98.3% | -- |
| 2014 | $60,224 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 27801
Nearby homes
- $79,0002 bd1 ba768 sqft523 Magnolia Dr, Rocky Mount, NC 27801Off Market
- $5,200-- sqft511 Magnolia Dr, Rocky Mount, NC 27801Off Market
- $215,0003 bd2 ba1.4k sqft1012 E Highland Ave, Rocky Mount, NC 27801Sold
- $--2 bd1 ba-- sqft530 Magnolia Dr, Rocky Mount, NC 27801Off Market
- $150,0003 bd1 ba1.1k sqft510 Matthews St, Rocky Mount, NC 27801Sold
- $37,7523 bd1 ba1.3k sqft439 Magnolia Dr, Rocky Mount, NC 27801Off Market
- $--2 bd1 ba-- sqft538 Magnolia Dr, Rocky Mount, NC 27801Off Market
- $--2 bd1 ba-- sqft542 Magnolia Dr, Rocky Mount, NC 27801Off Market
Nearby schools
GreatSchools rating
- 2/10Baskerville ElementaryGrades: K-5Distance: 0.6 mi
- 6/10J W Parker MiddleGrades: 6-8Distance: 0.6 mi
- 9/10Edge Academy of Health SciencesGrades: 9-11Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Coker-Wimberly
- Middle: Rocky Mount Middle
- High: Southwest Edgecombe
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- North Carolina
- Edgecombe County
- Rocky Mount
- 27801
- 501 Magnolia Drive
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