Skip main navigation
For sale
  • $160,000

    501 Magnolia Drive, Rocky Mount, NC 27801

    4beds
    4baths
    2,112sqft
    : 
    Quadruplex
    Built in 1978
    -- sqft lot
    $157,600 Zestimate®
    $76/sqft
    $-- HOA

    What's special

    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.
    9 days
    on Zillow
    |
    723
    |
    82
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 30, 2025 at 12:03pm

    Listed by:

    Patricia Judith Roberson 252-452-6269,

    Foote Real Estate LLC

    Source: Hive MLS,MLS#: 100510702MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 501 Magnolia Drive.

    Next available tour time:Today at 3:30pm

    Facts & 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
    • Fireplace features: None
    Interior area
    • Total structure area: 2,112
    • Total interior livable area: 2,112 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Porch
    • Fencing: None
    Lot
    • Size: 0.32 Acres
    • Dimensions: 140 x 100
    Details
    • Parcel number: 386001670200
    • Zoning: R6

    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: $76/sqft
    • Tax assessed value: $72,895
    • Annual tax amount: $1,071
    • Date on market: 5/30/2025
    • Listing terms: Cash,Conventional
    • Loading
    • Loading