401 Dexter St Rocky Mount, NC 27803
Estimated payment $1,074/month
Highlights
- Corner Lot
- Porch
- Baseboard Heating
- No HOA
- Cooling System Mounted To A Wall/Window
- 1-Story Property
About This Home
4-Unit Investor Package - Value-Add Opportunity with Immediate Income Great opportunity to acquire four rental units across two duplexes in Rocky Mount for $195,000. The MLS listing is entered as 401 Dexter St, but the sale includes all units from 401-407 Dexter St, offering a rare chance to secure multiple doors in one transaction. Included in the sale:
• 401-403 Dexter St (Parcel ID: 030630, PIN: 37591035663)
• 405-407 Dexter St (Parcel ID: 027311, PIN: 375910355689) Each unit has its own address, providing flexibility for leasing and management. Two of the four units (401 and 405) are currently rented, generating immediate income. The remaining two units are currently being renovated and will be listed for rent upon completion, offering a clear path to increased cash flow in the near term. This creates an opportunity for investors to benefit from both in-place income and upcoming lease-up potential. This is a strong opportunity for investors looking to scale their portfolio with a property that offers both stability and value-add potential. Additional investment details are available upon request, including current rent roll, projected rental income (pro forma), potential seller financing options, and possible property management incentives. Reach out to listing agent for more information. All four units must be sold together.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1951
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 57 x 57 x 102
- Corner Lot
Home Design
- Quadruplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 4 Bedrooms
- 1-Story Property
- Crawl Space
Parking
- Unpaved Parking
- Off-Street Parking
Outdoor Features
- Porch
Schools
- Edwards Elementary School
- Rocky Mount Middle School
- Nrmps Early College High School
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
Community Details
- No Home Owners Association
- 4 Units
- Park Manager: Yes
Listing and Financial Details
- Assessor Parcel Number 3759-10-35-6637
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $481 | $76,400 | $9,940 | $66,460 |
| 2024 | $481 | $10,390 | $4,970 | $5,420 |
| 2023 | $70 | $10,390 | $0 | $0 |
| 2022 | $71 | $10,390 | $4,970 | $5,420 |
| 2021 | $70 | $10,390 | $4,970 | $5,420 |
| 2020 | $70 | $10,390 | $4,970 | $5,420 |
| 2019 | $70 | $10,390 | $4,970 | $5,420 |
| 2018 | $70 | $10,390 | $0 | $0 |
| 2017 | $70 | $10,390 | $0 | $0 |
| 2015 | $188 | $28,031 | $0 | $0 |
| 2014 | $188 | $28,031 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/07/2026 03/07/26 | For Sale | $195,000 | -- | $159 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $306 | New Title Company Name | |
| Warranty Deed | $130,000 | Lowry & Assoc | |
| Deed | -- | -- |
Source: Hive MLS
MLS Number: 100558801
APN: 3759-10-35-6637
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2026 Hive MLS LLC
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Ask me questions while you tour the home.