Sold for $298,000

$298,000

514-520 Suburb St, Rocky Mount, NC 27801

8beds

2,820sqft

Quadruplex, Multi Family, Duplex

Built in 1985

-- sqft lot

$298,100 Zestimate^®

$106/sqft

$1,118 Estimated rent

Home value

$298,100

Estimated sales range

Not available

$1,118/mo

Zestimate^® history

Owner options

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$1,118/mo

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$1,118/mo

Rent Zestimate^®

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$1,909/mo

Est. payment

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$1,909/mo

Est. payment

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What's special

Brick exteriorSlab on grade foundation

Two single-story side-by-side duplexes (4 units total) located at 514-520 Suburb St. All 2bed/1bath units Built in 1985 and 100% occupied, total of 2,820 square feet Slab on grade foundation Brick exterior Metal roof on 518/520 Suburb Street Asphalt shingle roof on 514/516 Suburb Street Current Cap Rate: 11.37% Projected Cap Rate: 12.18% (with modest rent increase to $800/unit market rent) Current NOI: $33,891 NOI at Market Rent: $36,291 All tenants are on month-to-month leases at $750/mo All units are individually metered and tenants pay water and electricity directly to providers; trash is included on tenants' water bill.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Central

Cooling

Central Air

Features

Flooring: Vinyl
Basement: Crawl Space

Interior area

Total structure area: 2,820
Total interior livable area: 2,820 sqft
Finished area above ground: 2,820
Finished area below ground: 0

Property

Parking

Total spaces: 4
Parking features: Gravel
Uncovered spaces: 4

Features

Levels: One
Stories: 1
Has view: Yes

Lot

Size: 0.3 Acres

Details

Parcel number: 386001997100
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family, Duplex

Materials

Brick
Foundation: Slab
Roof: Asphalt, Metal

Condition

New construction: No
Year built: 1985

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: To Be Added

HOA

Has HOA: No

Location

Region: Rocky Mount

Financial & listing details

Price per square foot: $106/sqft
Annual tax amount: $1,225
Date on market: 3/30/2026
Lease term: Month To Month

Price history

Date	Event	Price
5/18/2026	Sold	$298,000$106/sqft
Source: Doorify MLS #10156293 Report a problem
4/4/2026	Pending sale	$298,000$106/sqft
Source: Doorify MLS #10156293 Report a problem
3/30/2026	Listed for sale	$298,000$106/sqft
Source: Doorify MLS #10156293 Report a problem