1601 Snowden Dr SE Wilson, NC 27893
Property details
About 1601 Snowden Dr SE
1601 Snowden Drive Multi-Family Portfolio | Wilson, NC | 30 Units Offered for Sale | $2,800,000 Full Portfolio Flexible Purchase Options: Full Portfolio (30 Units): $2,800,000 Group 1 (10 Units): $975,000 Group 2 (20 Units): $1,875,000 Investment Highlights: Presenting an exceptional investment opportunity to acquire a 30-unit multi-family portfolio in the thriving city of Wilson, NC. This well-maintained portfolio consists of 15 duplex buildings (14 x 2-bed/1-bath units and 1 x 3-bed/1-bath unit), strategically located in a prime rental corridor with strong tenant demand. 25 of 30 units fully renovated within the past 5 years, featuring modern finishes and improved market appeal. Ample parking for residents and visitors. Gross monthly rent roll: $21,850 with projections of $25,000 to $28,000/month within 1-2 years. Stable occupancy with room for rent growth and operational efficiencies. Professional property management in place. Low operating expenses compared to market averages. Proximity to major employers, retail, and essential services. No seller financing. Cash or conventional financing buyers only. Market Overview: Wilson, NC is rapidly emerging as the manufacturing hub of Eastern North Carolina, attracting job growth, population influx, and rental demand. This portfolio is strategically positioned to capitalize on the area's economic expansion, providing investors with consistent cash flow and long-term value appreciation. Investor Appeal: Perfect for institutional investors, private equity groups, syndicators, and high-net-worth individuals
Highlights
Summary
- Full Bathrooms: 30
- Flooring Type: Carpet, Vinyl
- Total Bedroom Count: 62
- Attached Garage: No
- Parking: Concrete, No Garage, Parking Pad
- Heating: Central
- Cooling: Central Air
- List Price: $2,800,000
- Price/SqFt: $112
- 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
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Last updated on: 7/15/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
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 majority of families are single, no kids. Most residents in this area 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
Frequently asked questions
About 1601 Snowden Dr SE
The listing price of 1601 Snowden Dr SE property is $2,800,000.
The property 1601 Snowden Dr SE is a multi located in Wilson, North Carolina, 27893.
Active Listing: 1601 Snowden Dr SE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1601 Snowden Dr SE are: Barnes Elementary School (GreatSchools Rating 6/10), Vick Elementary School (GreatSchools Rating 4/10), Hearne Elementary School (GreatSchools Rating 7/10), Darden Middle School (GreatSchools Rating 2/10), Forest Hills Middle School (GreatSchools Rating 7/10), Speight Middle School (GreatSchools Rating 6/10), Milton M Daniels Learning Center (GreatSchools Rating 1/10), Wilson Early College Academy (GreatSchools Rating 10/10), Sallie B Howard School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $565 (source: MLS/based on county public records data).
The property 1601 Snowden Dr SE is 24,915 SqFt (source: MLS/tax record).
The year of construction for 1601 Snowden Dr SE is 1981.
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 $2,800,000.
While more than 12 listings in Wilson, NC in June 2025 were sold above asking price, there were more than 17 listings sold at asking price, and more than 29 were sold below. Between May and June 2025, Wilson, NC real estate market has seen increase in the number of listings by 2%. Listings spent 52 days on the market in June 2025, and had a median list price of $257,250 during the same period.