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1716 Lynne Avenue, 
Rocky Mount, NC 27801

$5,650,000

4

Beds

2

Baths

1,940

Sq Ft

Multi-Family

Active

Listed by

Thomas Furlow

Deaton Investment Real Estate

919-847-1117

Last updated:

March 10, 2026, 02:54 PM

MLS#

10144144

Source:

NC BAAR

About This Home

1716 Lynne Avenue

Selling as a package - The ''JLJB'' Rental Portfolio opportunity includes 61 properties, totaling 77 units, with 56 properties (71 units) located in Rocky Mount, N.C. and the remaining 5 properties (6 units) located in nearby Tarboro, N.C. Most of the properties have been owned and managed by members of the same family since construction. This is a great value-add opportunity to acquire a predominantly single-family rental portfolio with scale with the ability to increase rents and net income through physical and operational improvements. Additionally, the bulk pricing represents discount-to-market pricing for many of the individual homes. An investor could renovate and resale properties individually, at a profitable spread.

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1978

Price Summary

5,650,000

$2,912 per Sq. Ft.

MLS #:

10144144

Last Updated:

March 10, 2026, 02:54 PM

Added:

a month ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,940 Sq. Ft.

Structure

Structure

Architectural Style:

Ranch

Building Area:

1,940 Sq. Ft.

Year Built:

1978

Finances & Disclosures

Finances

Price:

$5,650,000

Price per Sq. Ft:

$2,912 per Sq. Ft.

Source:NC BAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.