$298,000
SOLD MAY 18, 2026

514 Suburb St Rocky Mount, NC 27801

8 Beds
4 Baths
2,820 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: May 18, 2026

$106 Per Sq Ft

4 Days on Market

Highlights

  • No HOA
  • Luxury Vinyl Tile Flooring
  • 5-minute walk to Martin Luther King Jr Park
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of May 2026

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.

Last Agent to Sell the Property

Benjamin Riegel

Braddock Realty License #363368 Listed on: 03/30/2026

Co-Listed By

Ben Braddock

Braddock Realty License #287536

Last Buyer's Agent

Johnny Mitchell

ERA Live Moore License #290844

ERA Live Moore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,225

Year Built

  • Built in 1985

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 2,820 Sq Ft Home
  • 1-Story Property
  • Luxury Vinyl Tile Flooring
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • Gravel Driveway
  • 4 Open Parking Spaces

Additional Features

  • 13,068 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • To Be Added Subdivision

Listing and Financial Details

  • The owner pays for grounds care
  • Assessor Parcel Number 386001997100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,225

Year Built

Built in 1985

Lot Details

0.3 Acres

Listing Details

  • Year Built: 1985
  • Prop. Type: Residential Income
  • Co List Office Phone: 888-731-1710
  • Subdivision Name: To Be Added
  • Above Grade Finished Sq Ft: 2820.0
  • Unit Levels: One
  • New Construction: No
  • DelayedMarketingYN: No
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjEwMTU2MjkzIiwiU3RhbmRhcmRTdGF0dXMiOiJDbG9zZWQiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA1LTIwVDExOjE5OjQwLjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzI1ODcxIiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.XaYKAh5FRLORfr8Y3dzxG3fDe4aQCHdLjOFQyvbcdvk/badge
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Luxury Vinyl
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Roof: Asphalt, Metal
  • Acres: 0.3
  • Construction Type: Brick
  • Foundation Details: Slab

Garage/Parking

  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Gravel

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 386001997100

Rental Info

  • Lease Term: Month To Month
  • Owner Pays: Grounds Care

Tax Info

  • Tax Annual Amount: 1225.3
  • Tax Year: 2025
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/18/2026 05/18/26 Sold $298,000 0.0% $106 / Sq Ft
04/03/2026 04/03/26 Pending -- -- --
03/30/2026 03/30/26 For Sale $298,000 -- $106 / Sq Ft
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $742 $0 $0 $0
2024 $742 $0 $0 $0
2023 $514 $0 $0 $0
2022 $514 $0 $0 $0
2021 $514 $0 $0 $0
2020 $514 $0 $0 $0
2019 $514 $0 $0 $0
2018 $514 $0 $0 $0
2017 $51,428 $0 $0 $0
2016 $521 $0 $0 $0
2015 $852 $0 $0 $0
2014 $49,041 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10156293

Doorify MLS
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