Homes/North Carolina/Greenville/1510 Pactolus Hwy
CompCasa Property Analysis · Single Family Residential

1510 Pactolus Hwy

Budget-Friendly 3BR Rental on a .27-Acre Lot in Greenville

Tenant-occupied, sold as-is — strong entry-level investment opportunity

CompCasa valuation analysis
Estimated market value
$78,000
Low $74,880 · Midpoint $78,000 · High $81,120
Confidence65%Sales comparison approach
CompCasa estimate$78,000Current analysis
$74,880$78,000 midpoint$81,120
Price / sq ft$74

Derived from Redfin listing LD+JSON

About the property

Budget-Friendly 3BR Rental on a .27-Acre Lot in Greenville

This practical, investor-friendly property sits directly on Pactolus Highway and delivers straightforward value: a tenant-occupied 3-bedroom, 1-bath home with 1,048 square feet on a .27-acre parcel. Built in 1951 and offered strictly "sold as-is," 1510 Pactolus Hwy is a clear play for buyers seeking cash-flow potential, a renovation project, or an affordable foothold in Greenville's residential market.

Inside, the footprint is efficient and familiar — three bedrooms share a single full bath in a layout that encourages economical updates and relatively low-cost rehabs. The listing notes air conditioning is present, an important comfort and baseline amenity for tenants or future owners. With 1,048 square feet, the home is sized for long-term rental demand or conversion to a refreshed owner-occupied residence after improvements.

Outside, the generous .27-acre lot is a standout for homes in this price tier. The yard offers room for landscaping upgrades, a storage outbuilding, or simple outdoor living improvements that can significantly increase curb appeal and rental premium. The house’s placement on Pactolus Highway provides easy access for tenant commuting and local services while remaining a discreet property for a buy-and-hold strategy.

This property is being marketed with full awareness of its condition and occupancy: showings will be coordinated around the current tenant and the sale is conditioned on an as-is purchase. For investors, the combination of low entry price and a tenant already in place reduces vacancy risk; for an owner-occupant willing to renovate after closing, the lot size and affordable basis create upside. Contact the listing agent for current rent details, tenant lease terms, and comparable sales to evaluate projected returns or renovation budgets.

Location & nearby

Greenville, NC

Researched nearby locations

Direct access to Pactolus Highway corridor
Nearby municipal parks and community green spaces (check local maps)

Location

1510 Pactolus Hwy, Greenville, NC, 27834

View in Google Maps
Editorial neighborhood context

Located along the Pactolus Highway corridor in Greenville (ZIP 27834), this property sits in a residential section that serves both long-term renters and owner-occupants. The neighborhood blends modest single-family homes and rental properties, offering everyday convenience to nearby services and road connections. Buyers here often value affordability and lot size — this parcel’s .27 acre provides outdoor flexibility uncommon at this price point. For specifics on nearby amenities, dining, and shopping, buyers should consult a local map or agent for recent neighborhood updates.

Nearby access summary

Local parks and community green spaces are accessible within the Greenville area; the .27-acre yard also allows for private outdoor recreation and gardening improvements.

Market context

A factual market snapshot around 1510 Pactolus Hwy.

Editorial market perspective

This listing is priced at $78,000 — essentially at the valuation midpoint provided by the automated estimate ($78,000) with a price-per-square-foot of about $74 and a model confidence of 0.65. Those indicators suggest the broker price aligns with algorithmic value, making this an appropriately positioned offering in the low-price segment. Properties marketed "sold as-is" and tenant-occupied typically attract two buyer profiles: small-scale investors seeking immediate rental income and hands-on buyers prepared to renovate for appreciation. Without current local MLS metrics included here, buyers should verify days on market and inventory levels for sub-$100K single-family homes in Greenville; historically, entry-level rentals can turn over more quickly than higher-priced stock when priced competitively. Given the low absolute price and presence of a tenant, this home is likely to receive interest from cash buyers and fix-and-hold investors. Request recent comparable sales and live inventory figures from your agent to confirm whether this is a buyer- or seller-tilted window in the Pitt County market.

Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms
  • 1 full bathroom
  • 1,048 square feet of living space
  • Has A/C
  • Single-level layout

Exterior & Lot

  • .27 acre lot
  • Located on Pactolus Hwy
  • Yard suitable for landscaping or outbuildings
  • Sold as-is

Location & Neighborhood

  • Greenville, NC address (27834)
  • Direct access to Pactolus Highway corridor
  • Convenient for local renters and commuters
  • Residential context with nearby housing stock

Walkability & Recreation

  • Walkability Rating: Unknown — verify local amenities and errands on foot
  • Nearby municipal parks and community green spaces (check local maps)
  • Opportunities for outdoor improvements on a larger-than-average lot
  • Proximity to local roads for regional access