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$449,900 -$20,000 (-4.26%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 3,349 Sq. Ft.
  • 0.26 Acres
  • Updated 1 day ago

Next open house:

Open House: 1:00 PM - 4:00 PM

Saturday 3/28 1:00 PM - 4:00 PM

514 S 5th Street,Smithfield, NC 27577

514 S 5th StreetSmithfieldNC27577

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Investor Opportunity - Historic Property with Strong Income Potential in Downtown Smithfield The historic Samuel R. Brady House at 514 S 5th St presents a unique investment opportunity in the growing Smithfield market. This large 1924 property features 11 total rooms, 5 bedrooms, and 3 full bathrooms, offering multiple value-add strategies for the savvy investor. Situated on a corner lot just minutes from downtown Smithfield, the home is ideally positioned for short-term rental, long-term rental, rooming house, or potential multi-unit conversion (subject to local zoning). Key investor highlights include: Over 3,000+ sq ft of living space (verify) Flexible floor plan with multiple entrances Large kitchen + formal dining area Unfinished basement for storage or future improvement Strong rental demand due to proximity to downtown, dining, and commuter routes to Raleigh/Clayton Walkable location appealing to tenants and short-term guests The property retains its historic character while offering modern updates already in place, reducing upfront rehab costs while leaving room for additional value-add improvements. With continued growth in Johnston County and increasing demand for rental housing, this property offers excellent upside potential for cash flow and appreciation. Seller is offering a 1-Year Home Warranty.

Full Property Details for 514 S 5th St

General

  • Price: $449,900
  • Taxes: $4,248
  • Status: Active
  • Type: Single Family
  • Source: 2218
  • MLS ID: 10145927
  • Updated: 3/24/2026
  • Added to Site: 43 day(s) ago

Interior

  • Number of Rooms: 11
  • Interior Features: High Ceilings
  • Appliances: Dishwasher, Exhaust Fan, Gas Range, Gas Water Heater, Refrigerator, Washer/Dryer
  • Flooring: Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Laundry Room, Main Level

Exterior

  • Exterior Features: Fenced Yard
  • Porch/Patio/Deck: Deck

Parking

  • Parking Features: Driveway, On Street

Location

  • County: Johnston
  • Subdivision: Not in a Subdivision
  • Building Name: Historic Samuel R. Brady House
  • Driving Directions: From I-95 to 514 S 5th St, Smithfield, NC 27577 Take I-95 to Exit 97 toward US-70/Smithfield. At the end of the ramp, turn west onto US-70 toward Smithfield. Continue on US-70 into downtown Smithfield. Turn left onto S Brightleaf Blvd (US-301/Business) and continue a short distance. Turn right onto E Market St / S 5th St to reach 514 S 5th St. From Raleigh, NC (via I-40) to 514 S 5th St, Smithfield, NC 27577 From Raleigh, head east on I-40. Stay on I-40 East through Johnston County toward the US-70/I-95 interchange area near Smithfield. Take the exit for US-70 West toward Smithfield (this will bring you directly into town). Continue on US-70 West toward Downtown Smithfield. Turn left onto S Brightleaf Blvd (US-301/Business). Turn right onto E Market St / S 5th St and follow to 514 S 5th St.
  • City Limits: Yes

School Information

  • Elementary School: Johnston - S Smithfield
  • Middle School: Johnston - Smithfield
  • High School: Johnston - Smithfield Selma

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating Type: Gas Pack, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Bungalow
  • Structure Type: Site Built
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Concrete, Storage Space, Sump Pump, Unfinished, Unheated
  • Roof: Shingle
  • Drive-In Doors: French Doors
  • Stories/Levels: 1
  • Building Size: 3349
  • Square Feet: 3,349
  • Sq. Ft. Source: See Remarks
  • Finished Above Grnd: 3,349 Sq. Ft.
  • Year Built: 1924

Lot Features

  • Lot Size (Acres): 0.26
  • Lot Size (Sq. Ft.): 11,325.6
  • Frontage: City Street
  • Street/Road Desc.: Asphalt
  • Fence: Yes
  • Lot Features: Corner Lot
  • Zoning: RES
  • Fencing (Description): Back Yard, Privacy

Financial Considerations

  • Tax Amount: $4,248.6

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 15035031
  • Lot Number: 5-6

Listed by George White Realty, George White (919) 868-6648

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Listing agent

— 514 S 5th St —

  • George White

    George White 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 514 S 5th St

School District:Johnston County Schools
NameGradesDistance
South Smithfield Elementary
201 West Sanders Street, Smithfield, NC 27577
PK-50.8 mi
Smithfield Middle
1455 Buffalo Road, Smithfield, NC 27577
6-81.8 mi
Smithfield-Selma High
700 M Durwood Stephenson Parkway, Smithfield, NC 27577
9-122.2 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 514 S 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/24/2026
Price Reduced
$449,900
-4.26%
MLS
2/11/2026
Listed
$469,900
4.42%
MLS
11/21/2024
Sold
$450,000
—
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 514 S 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,249
21%
$438,000
55%
2024
$3,513
-2%
$283,320
—
2023
$3,570
-3%
$283,320
—
2022
$3,683
72%
$283,320
72%
2021
$2,136
-2%
$164,310
—
2020
$2,185
—
$164,310
—
2019
$2,185
3%
$164,310
5%
2018
$2,122
—
$157,200
—
2017
$2,122
—
$157,200
—
2016
$2,122
—
$157,200
—
2015
$2,122
—
$157,200
—
2014
$2,122
—
$157,200
—
2013
$2,122
—
$157,200
—
View All
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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NMLS#: 1598647

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Listed by George White Realty, George White (919) 868-6648

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514 S 5th Street, Smithfield, NC 27577 (MLS# 10145927) is a Single Family property with 5 bedrooms and 3 full bathrooms. 514 S 5th Street is currently listed for $449,900 and was received on February 11, 2026. Want to learn more about 514 S 5th Street? Do you have questions about finding other Single Family real estate for sale in Smithfield? You can browse all Smithfield real estate or contact a Coldwell Banker agent to request more information.

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