MacGregor West Townhomes

For Sale

2915 MacGregor Downs Rd, Greenville, NC 27858

This Greenville property for sale is located at 2915 MacGregor Downs Rd. The general use of MacGregor West Townhomes is multi-family and it incorporates 14,000 square feet of class B multi-family space. The current listed sale price for MacGregor West Townhomes is $1,875,000. MacGregor West Townhomes is situated on a lot that is 1 acre in size.

Contacts

David Divine, SIOR

Lee & Associates Raleigh Durham Wilmington

Property Details

  • Property Type Multi-Family
  • Property Size 14,000 SF
  • Units 12
  • Lot Size 1 Acre
  • Building Class B
  • Year Built 2016
  • Date Updated Oct 1, 2026
Multifamily investment property located on MacGregor Downs Rd in Greenville, North Carolina, minutes from ECU Health Medical Center, Downtown Greenville, and East Carolina University, with convenient access to U.S. 264 and Interstate 587.Ideally located just minutes from the ECU Health Medical Center, Downtown Greenville, and East Carolina University, the Property offers convenient access to the area’s largest employment, healthcare, and educational hubs. The asset is situated less than one mile from the interchange of U.S. Highway 264 and Interstate 587, providing excellent regional connectivity throughout Eastern North Carolina. The Property consists of twelve, 100% leased, well-maintained townhome units situated on approximately 1.0 acre. Built in 2016, each residence features a functional two-bedroom, two-and-one-half-bath floor plan designed to appeal to working professionals and long-term residents. Since completion, the Property has maintained consistently strong occupancy. The current tenant base is comprised entirely of working professionals rather than student renters, contributing to stable cash flow and reduced turnover. The combination of modern construction, durable design, a desirable location, and a proven operating history presents investors with an attractive, low-maintenance multifamily investment opportunity in one of Greenville’s strongest rental corridors.
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Highlights

  • All 2 Bed / 2.5 Bath floor plans
  • Built in 2016
  • Great income-producing properties
  • Ideal location just minutes from ECU Health, ECU & Downtown Greenville
  • No current tenants are students, all working professionals
  • PRICE IMPROVEMENT: $1,875,000 (6.5% cap rate)
  • Solid track record of high occupancy
  • Twelve, 100% leased townhomes offered together as a package

Attachments

Getting around

  • 24/100

    Walk Score ®

  • 37/100

    Bike Score ®

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Location

  • City Greenville, NC
  • Neighborhood Medical District
  • Zip Code 27858

Points of Interest

  • Speedway

    0.52 miles

  • Citgo

    1.62 miles

  • Sheetz

    2.82 miles

  • Greenville NC East Carolina 2

    3.44 miles

  • B4

    0.73 miles

  • A1/A3

    0.76 miles

  • Patient Parking

    0.77 miles

  • B1/B3

    0.83 miles

  • C2

    0.84 miles

  • Candlewood Suites Greenville NC

    0.27 miles

  • InTown Suites Extended Stay Greenville

    0.73 miles

  • Courtyard Greenville

    1.15 miles

  • Microtel Inn & Suites by Wyndham Greenville/University Med

    1.18 miles

  • Homewood Suites by Hilton Greenville

    1.23 miles

  • Residence Inn by Marriott Greenville

    1.26 miles

  • Econo Lodge

    1.47 miles

  • Holiday Inn Express Greenville

    1.49 miles

  • Uptown greenville hotel

    1.52 miles

  • Fairfield Inn & Suites Greenville

    1.52 miles

  • Walmart Neighborhood Market

    0.62 miles

  • Save-A-Lot

    2.06 miles

  • Tropicana Supermarket

    2.87 miles

  • Walmart Supercenter

    3.04 miles

  • Harris Teeter

    3.05 miles

  • TJ Maxx

    3.09 miles

  • Kohl's

    3.14 miles

  • Target

    3.15 miles

  • The Fresh Market

    3.23 miles

  • Publix

    3.34 miles

Contact Listing Broker
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