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$195,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 4 Total Beds
  • Updated 23 hours ago

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4-Unit Investor Package - Value-Add Opportunity with Immediate Income Great opportunity to acquire four rental units across two duplexes in Rocky Mount for $195,000. The MLS listing is entered as 401 Dexter St, but the sale includes all units from 401-407 Dexter St, offering a rare chance to secure multiple doors in one transaction. Included in the sale: "¢ 401-403 Dexter St (Parcel ID: 030630, PIN: 37591035663) "¢ 405-407 Dexter St (Parcel ID: 027311, PIN: 375910355689) Each unit has its own address, providing flexibility for leasing and management. Two of the four units (401 and 405) are currently rented, generating immediate income. The remaining two units are currently being renovated and will be listed for rent upon completion, offering a clear path to increased cash flow in the near term. This creates an opportunity for investors to benefit from both in-place income and upcoming lease-up potential. This is a strong opportunity for investors looking to scale their portfolio with a property that offers both stability and value-add potential. Additional investment details are available upon request, including current rent roll, projected rental income (pro forma), potential seller financing options, and possible property management incentives. Reach out to listing agent for more information. All four units must be sold together.

Full Property Details for 401 Dexter St

General

  • Price: $195,000
  • Taxes: (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: 2253
  • MLS ID: 100558801
  • Updated: 5/13/2026
  • Added to Site: 68 day(s) ago

Interior

  • Interior Features: None

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Shared Amenities: None

Exterior

  • Exterior Features: None
  • Porch/Patio/Deck: Porch

Parking

  • Parking Features: Off Street, Unpaved

Location

  • County: Nash
  • Subdivision: Not In Subdivision
  • Driving Directions: From Downtown Rocky Mount, take Falls Rd (US-301 Business) north, turn right onto Dexter St, and the property will be on the right. Listing address is 401 Dexter St, but the sale includes the duplex next door at 407 Dexter St as well.

School Information

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

Community

  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Baseboard, Electric

Structural Information

  • Structure Type: Wood Frame
  • Construction: Vinyl Siding, Wood Frame
  • Roof: Shingle
  • Square Feet: 1,224
  • Year Built: 1951

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,534
  • Lot Dimensions: 57 x 57 x 102
  • Lot Features: Corner Lot
  • Zoning: Residential
  • Fencing (Description): None

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $159.31
  • Assessment Amount: $76,400
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: 16 4 1, 1 LT, 40 41 BLK A
  • Property ID: 3759-10-35-6637

Listed by Alluvium Elite Realty, Kathryn Greisiger and Alluvium Elite Realty, Billy Gonzalez

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Listing agents

— 401 Dexter St —

  • Kathryn Greisiger

    Alluvium Elite Realty

  • Billy Gonzalez

    Alluvium Elite Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 401 Dexter St

School District:Nash-Rocky Mount Schools
NameGradesDistance
Winstead Avenue Elementary
991 South Winstead Avenue, Rocky Mount, NC 27804
K-22.7 mi
Englewood Elementary
101 South Englewood Drive, Rocky Mount, NC 27804
3-52.9 mi
Nash Central High
4279 Nash Central High Road, Rocky Mount, NC 27804
9-125.5 mi
Rocky Mount Middle School
841 Nash Street, Rocky Mount, NC 27804
6-80.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 401 Dexter St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/07/2026
Listed
$195,000
27.45%
MLS
2/03/2022
Sold
$153,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 401 Dexter St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$481
—
$76,400
635%
2024
$481
587%
$10,390
—
2023
$70
-1%
$10,390
—
2022
$71
—
$10,390
—
2021
$71
1%
$10,390
—
2020
$70
—
$10,390
—
2019
$70
—
$10,390
—
2017
$70
-63%
$10,390
-63%
2015
$188
—
$28,031
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Alluvium Elite Realty, Kathryn Greisiger and Alluvium Elite Realty, Billy Gonzalez

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401 Dexter Street, Rocky Mount, NC 27803 (MLS# 100558801) is a Multi-Family property with 4 units containing 4 bedrooms and 0 full bathrooms. 401 Dexter Street is currently listed for $195,000 and was received on March 07, 2026. Want to learn more about 401 Dexter Street? Do you have questions about finding other Multi-Family real estate for sale in Rocky Mount? You can browse all Rocky Mount real estate or contact a Coldwell Banker agent to request more information.

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