Apartment for rent

5+ Days Ago

138 South Third Street #2ndFL
138 South Third Street #2ndFL, Smithfield, North Carolina 27577, United States

Monthly rent	$1,500
Beds	Studio
Baths	–
Sqft	–

Monthly rent	$1,500
Beds	Studio
Baths	–
Sqft	–

5+ Days Ago

Location

138 South Third Street #2ndFL, Smithfield, North Carolina 27577, United States

Tour 138 South Third Street #2ndFL

Contact

LW Properties, LLC

(844) 325-6048 ext. 9258

Policies and fees

Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time. Refundable.

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About 138 South Third Street #2ndFL

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Apartments in Smithfield

138 South Third Street #2ndFL, Smithfield, North Carolina 27577, United States

To apply now, copy and paste this link into your browser https levinsonwoodard managebuilding com Resident rental-application For RENT/SALE For sale for $599,000 Whole building Office building downtown Smithfield. Three story building with the first floor being used as attorney's office. Second floor is ready for occupancy. Third floor is unfinished. Top floor could be made into several loft apartments. The Physical address is 219 E Johnston Street and 138 S Third Street, Smithfield, NC 27577. Single rooms 10x12 or less than 150 SF, $500- all inclusive, excluding phone and internet. Also available- rooms over 10x12 range from $12-$14 per SF. Next to courthouse. Walking distance of the downtown corridor. The site is improved with a three-story brick commercial building containing about 11,774+ square fee. The Johnston County property tax card indicates the building was built in the early 1900's. The first floor area consist of about 3,570+ square feet which is divided into two sections. One section, facing Johnston Street, is occupied by the Levinson Law Firm along with Attorney John Whitley and consist of about 1,840+ square feet. The other section, facing Third Street, is occupied by Son's Tailor Shop and contains about 1,730+ square feet. The second floor, containing about 4,102+ square feet is leased to the County of Johnston and is occupied by various divisions of county government. The third floor, containing about 4,102+ square feet is unfinished and is used for storage. A new rubber roof was recently installed in July 2014. The first and second floors have central HVAC. Building could qualify for historic tax credit with some paperwork and changes. We would need 1st month, last month, and one month security deposit for the property. The subject property is located in the main downtown business district of the Town of Smithfield. The Johnston County Court house is located in the same block as the subject. The Town of Smithfield Government Offices and the Post Office are located nearby. The subject property and most of the immediate area are developed as commercial properties consisting of banks, restaurants, retail stores, attorney and professional offices and a variety of retail and service type business. The downtown business district is typical of most towns with a majority of the buildings being older building that have, over the years, been renovated to more modern facilities. This area is served with a good highway system with US Highway 70 and US Highway 301 passing through the Town of Smithfield. Interstate Highway 95 runs through the eastern edge of the town. Also, the CSX Railway runs through the town. Schools, places of worship, shopping recreation and other amenities are located nearby or only a short drive.

Property highlights

How 138 South Third Street #2ndFL compares to other nearby properties.

Positives

Middle school nearby: There is a middle school 1 mile away

Address details

Zip code	27577
Type	Apartment for rent

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Rent trends in Smithfield

studio apartments at 138 South Third Street #2ndFL cost about the same as the average rent price for studio apartments in Smithfield.

Median rents as of Apr 25 2026.

Smithfield

A table of studio rental data trends in Smithfield
Month	Median Rent
May 2024	$1,500
June 2024	$1,500
July 2024	$1,500
January 2025	$1,366
February 2025	$1,637
December 2025	$1,500
January 2026	$1,500
February 2026	$1,500
March 2026	$1,500
April 2026	$1,500

Affordability calculator

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Bedrooms

Studio

Rent-to-income ratio

30%

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Recommended income

$60,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this studio monthly rent price of $1,500.

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