You can label individual parcel segments with General Line and Curve label styles or Parcel Line and Curve label styles.
Parcel segment labels are independent, selectable objects. Segment labels can be placed on a layer separate from the corresponding segment. You can add segment labels automatically when you create a parcel.
To label parcel line segments
OR
While you select segments, the dialog box remains open. You can return to it to change styles or settings for the next sequence of clicks. After changing a label style, click Add. If you do not click Add before continuing to click segments, the style change will be ignored.