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.
For sale
$160,000
501 Magnolia Drive, Rocky Mount, NC 27801
4beds
4baths
2,112sqft
Est.:
Quadruplex
Built in 1978
-- sqft lot
$157,600 Zestimate®
$76/sqft
$-- HOA
What's special
- 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#: 100510702

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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
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