$70,000
SOLD APR 3, 2025

503 Eastern Ave Rocky Mount, NC 27801

3 Beds
2 Baths
-- Sq Ft
7,732 Sq Ft Lot

Recently Sold

7% Below List Price

4 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Central Air
  • Corner Lot
  • Porch
  • Community Storage Space

About This Home

As of April 2025

Income-Producing Duplex in Rocky Mount, NC - Priced to Sell!Great investment opportunity! This duplex offers two units: 501 Eastern Ave is a 1 bed, 1 bath unit, and 503 Eastern Ave is a 2 bed, 1.5 bath unit. Both units have long-term tenants on month-to-month leases who would like to stay, providing immediate rental income for the new owner. It sits on a corner lot and includes a storage building for added convenience. Located in the heart of Rocky Mount, NC, this property is close to Rocky Mount Mills, the Imperial Centre for the Arts & Sciences, and Battle Park. A fantastic addition to any rental portfolio, this income-producing property is priced for a quick sale!

Last Agent to Sell the Property

Keaira Murrell

RIGGS REALTY GROUP License #344676 Listed on: 02/27/2025

Last Buyer's Agent

Tyneesha Palmer

Palmer Real Estate Group LLC License #303251

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,121

Year Built

  • Built in 1940

Lot Details

  • 7,732 Sq Ft Lot
  • Lot Dimensions are 57x150x49x150
  • Corner Lot

Parking

  • On-Site Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Bathrooms
  • 2-Story Property
  • 1 Fireplace
  • Crawl Space
  • Washer and Dryer Hookup

Schools

  • Rocky Mount Middle School
  • Rocky Mount High School

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Additional Features

  • Energy-Efficient HVAC
  • Porch

Listing and Financial Details

  • Assessor Parcel Number 375989621100

Community Details

Overview

  • No Home Owners Association
  • Edgemont Park Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,121

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: 1
  • Interior Amenities: Wash/Dry Connect
  • List Price per Sq Ft: 56.99
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 3

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Cooling System: Central, Wall/Window Unit(s)
  • Fuel Tank: None
  • Heating System: Gas Pack
  • Utilities: Municipal Sewer, Natural Gas Connected, Municipal Water
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Storage
  • Property Mgmt Company: No

Lot Info

  • Deed Page: 743.00
  • Lot Acres: 0.18
  • Lot Description: Corner Lot
  • Lot Dimensions: 57x150x49x150
  • Lot Sq Ft: 7732.00
  • Zoning: R-6MFA

Tax Info

  • Tax Identifier: 375989621100
  • Tax Year: 2025
  • Total Real Estate Property Taxes: 1121.30

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: Other
  • High School: Rocky Mount
  • Middle School: Rocky Mount Middle

Similar Home in Rocky Mount, NC

  • 617 Myrtle Ave, Rocky Mount, NC 27801

    $55,000

    • 2 Beds
    • 2 Baths
    • 617 Myrtle Ave
    • Rocky Mount, NC

    Drastic Reduction, Price Cut!!!Seller asking Highest and Best Offer.

    Janice Cooper COOPER & ASSOCIATES REAL EST

    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Sold $70,000 -6.7% --
03/03/2025 03/03/25 Pending -- -- --
02/27/2025 02/27/25 For Sale $75,000 -- --
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100491349

Hive MLS