1601 Snowden Dr SE Wilson, NC 27893
Property details
About 1601 Snowden Dr SE
Investment Opportunity: Exceptional investment opportunity to own a 30-unit Multi-family Portfolio in Wilson, NC, in a prime location. This well-maintained portfolio comprises 15 duplex buildings (14-2Beds/1bath, and 1-3Beds/1bath). Twenty-five (25) units were completely renovated in the last 5 years, ensuring modern features and improved tenant appeal. These properties provide sufficient parking for residents and visitors. Gross Rent Roll is currently $21,850/month but projected to be between $25,000 and $28,000 in 1 to 2 years. Operating Expenses are comparatively low, with a Property Management Company in place. This portfolio provides stable occupancy and strong upside through modest rent increases and management efficiencies. Located in growing Wilson, NC, as the manufacturing hub of Eastern North Carolina, the properties benefit from strong rental demand, proximity to major employers, and access to local amenities, ensuring consistent occupancy and long-term investment security. This is a turnkey investment and ideal for experienced investors or first-time buyers seeking immediate cash flow with room for growth. All photos of the buildings prior to being leased or sold were taken by the listing agent a couple of years ago.
Highlights
Summary
- Full Bathrooms: 30
- Flooring Type: Carpet, Vinyl
- Total Bedroom Count: 62
- Attached Garage: No
- Parking: Concrete, No Garage, Parking Pad
- Architectural Style: Ranch
- Heating: Central
- Cooling: Central Air
- List Price: $2,895,000
- Price/SqFt: $116
- Annual Tax Amount: $565
- Tax Year: 2024
- Directions: Take Raleigh Rd Pkwy N to NC-42 E/NC-58 Business S/Ward Blvd, Continue onto NC-42 E/NC-58 Business S/Ward Blvd, Continue on NC-58 Business S/Ward Blvd to US-301 S, Turn right onto US-301 S, Continue on Singletary St SE. Take Stantonsburg Cir SE to Snowden Dr SE
- Year Built: 1981
- Living Area: 24,915 SqFt
- Lot Size: 3.7 Acres
- MLS Number: 10065122
- MLS Name: Doorify MLS
- Office Name: Real Broker, LLC
- Office Phone: (919) 348-2585
- Office Email: NCBroker@therealbrokerage.com
- Listing Agent: Duke Cox
Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.
Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
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Last updated on: 5/17/2025, 2:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,895,000
1601 Snowden Dr SE
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Price information
Property sales
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Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $122,054 | $565 |
| 2023 | $43,310 | $565 |
| 2022 | $43,310 | $565 |
| 2021 | $43,310 | $565 |
| 2020 | $43,310 | $565 |
| 2019 | $43,310 | $565 |
| 2018 | $43,310 | $565 |
| 2017 | $43,310 | $556 |
History based on county public records data.
Nearby schools
6
Barnes Elementary School
Public District KG-5
0.9 mi
•1913 Martin L King Parkway
4
Vick Elementary School
Public District KG-5
1.0 mi
•504 N Carroll Street
7
Hearne Elementary School
Public District KG-5
1.9 mi
•300 W Gold St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,041. Typical income of Wilson, NC residents is less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
UFC
Figure Skating
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
Burger King
Church's Chicken
Golden Corral
What do the neighbors drive?
Buick
Cadillac
Kia
What do the neighbors listen to?
Urban Contemporary
Jazz
Adult Standards
This home is located at 1601 Snowden Dr SE in Wilson, NC and zip code 27893 in the Springfield neighborhood. This 24,915 square foot home, which was built in 1981, sits on a 3.70 acre lot. Features: 62 bedrooms, 30 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $2,895,000.
Wilson, NC housing market in April 2025 saw over 10 listings sold above listed price, more than 15 sold at listed price and over 24 sold below. The inventory of homes for sale in Wilson, NC between March and April 2025 decreased by 1.7%. Listings spent 46 days on the market in April 2025, and had a median list price of $260,733 during the same period.