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$785,000 Just Listed

  • For Sale
  • Active
  • Commercial Multi-Family
  • 7,355 Sq. Ft.
  • 0.71 Acres
  • Updated 20 hours ago
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This high-yield portfolio features two buildings totaling 10 units, all configured as 2-bedroom, 1-bathroom layouts. Offering a blend of immediate cash flow and significant upside, this property is currently 90% occupied with the vacant unit in rent-ready condition. Strong existing return with a cap rate of 10.51% and a clear path to stabilization with a projected cap rate of 12.87% Tenants pay their own utilities. 524 Keen St was built in 1978 and has 2853 SF on 0.27 acres, while 520 Keen St was built in 1979 and has 4502 SF on 0.44 acres.

Full Property Details for 520-524 Keen St

General

  • Price: $785,000
  • Taxes: $4,795
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: 2218
  • MLS ID: 10149993
  • Updated: 3/4/2026
  • Added to Site: 3 day(s) ago

Rental Information

  • Lease/Rent Term: Month To Month

Location

  • County: Nash
  • Driving Directions: Turn onto Keen St from N Grace St. Units will be on your right
  • City Limits: Yes

Heating & Cooling

  • Air Conditioning: Yes

Structural Information

  • Exterior Const.: Brick
  • Building Size: 7355
  • Square Feet: 7,355
  • Year Built: 1978

Lot Features

  • Lot Size (Acres): 0.71
  • Lot Size (Sq. Ft.): 30,927.6
  • Lot Dimensions: 147.94 x 227.78 x 168.56 x 133.2

Financial Considerations

  • Price Per Acre: $1,105,633.8
  • Tax Amount: $4,795.97

Disclosures and Reports

  • Special Conditions: Standard

Listed by Braddock Realty, Benjamin David Riegel (252) 969-0699 and Braddock Realty, Ben Braddock (252) 567-1851

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Listing agents

— 520-524 Keen St —

  • Benjamin David Riegel

    Braddock Realty

  • Ben Braddock

    Braddock Realty

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 520-524 Keen St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/02/2026
Listed
$785,000
600.89%
MLS
12/27/2006
Sold
$112,000
—
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 520-524 Keen St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,094
—
$173,630
88%
2024
$1,094
76%
$92,600
—
2023
$620
—
$92,600
—
2022
$620
-2%
$92,600
—
2021
$634
2%
$92,600
—
2020
$620
—
$92,600
—
2019
$620
—
$92,600
—
2017
$620
32%
$92,600
32%
2015
$470
—
$70,180
—
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.

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with our affiliated lender
NMLS#: 1598647

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Listed by Braddock Realty, Benjamin David Riegel (252) 969-0699 and Braddock Realty, Ben Braddock (252) 567-1851

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520-524 Keen Street, Rocky Mount, NC 27804 (MLS# 10149993) is a Commercial Multi-Family property. 520-524 Keen Street is currently listed for $785,000 and was received on March 02, 2026. Want to learn more about 520-524 Keen Street? Do you have questions about finding other Commercial 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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