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.
Sold for $145,000 on 07/02/25
$145,000
501 Magnolia Drive, Rocky Mount, NC 27801
4beds
4baths
2,112sqft
Quadruplex
Built in 1978
-- sqft lot
$-- Zestimate®
$69/sqft
$1,030 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 01:12pm
Listed by:
Patricia Judith Roberson 252-452-6269,
Foote Real Estate LLC
Bought with:
Donna Bailey, 209292
THORNE REALTY, INC.
Source: Hive MLS,MLS#: 100510702
Originating MLS: Rocky Mount Area Association of Realtors
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
- Entry location: 1st Floor
- Patio & porch: Porch
- Fencing: None
Lot
- Size: 0.32 Acres
- Dimensions: 140 x 100
Details
- Parcel number: 386001670200
- Zoning: R6
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Foundation: Raised
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1978
Community & neighborhood
Location
- Region: Rocky Mount
- Subdivision: Not In Subdivision
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional