Main View - 314 Madison St, Roanoke Rapids NC 27870, Roanoke Rapids
Residential/Vacation at 314 Madison St, Roanoke Rapids NC 27870, Roanoke Rapids, photo 2 of 8
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$42,000

314 Madison St, Roanoke Rapids NC 27870
Roanoke Rapids, NC 27870
Listed by Vickie Irby · Coldwell Banker Advantage-Littleton
Bedrooms
2
Bathrooms
1
Living area
714 sqft
Year built
1915

About this home

INVESTOR OPPORTUNITY – LONG-TERM TENANT IN PLACE! Built in 1915, this two-story mill-style home offers an opportunity for an investor looking to add an income-producing property to their portfolio. Currently rented for $500 per month with a tenant who has occupied the home for approximately 10 years and would like to remain. This 2-bedroom home is being sold AS-IS, with seller making no repairs. Property has an established rental history along with potential for future improvements. Tenant occupied, advance notice required for showings. Please do not disturb tenant.

Highlights

View

Property details

MLS #
142832
Property type
Residential/Vacation
Subdivision
.NON-Subdivision
Status
Active
Days on market
1
On market date
N/A
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.096 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Belmont Elementary School
1.2 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
594
Student:teacher ratio
14.9:1
District
Roanoke Rapids City Schools
Middle
Chaloner Middle School
1.85 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
623
Student:teacher ratio
16.4:1
District
Roanoke Rapids City Schools
High
Roanoke Rapids High School
0.61 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
722
Student:teacher ratio
15.0:1
District
Roanoke Rapids City Schools

Walkability

Blended score for Roanoke Rapids's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

62
Walkable
out of 100
EPA National Walkability Index
9.8 / 20 -- Below average walkable
Nearby-amenity density
80 / 100
Restaurants & cafes20
Grocery stores8
Parks7
Schools6
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Roanoke Rapids, from live MLS data.

On the market 1 days -- 109 fewer days than Roanoke Rapids's current average of 110 days.
For reference, the median list price across 132 active listings in Roanoke Rapids right now is $170,950.

Mortgage calculator

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Est. monthly payment
$403/mo
$8,400 down
$33,600 loan
Principal & interest$218
Property tax (est.)$35
Home insurance (est.)$150

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Data source: Listing information provided by Roanoke Valley Lake Gaston via Trestle/CoreLogic. Last updated 9 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.