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216 E Peyton Avenue Kinston, NC $ 109,900
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$ 109,900 Get more info
216 E Peyton Avenue
$ 109,900
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216 E Peyton Avenue

Kinston, NC, 28501
$ 109,900
Bedrooms5 Baths2.0 Sq 2,030

Monthly Estimate*

$ 694

216 E Peyton Avenue, Kinston, NC 28501 - Image 1
216 E Peyton Avenue, Kinston, NC 28501 - Image 2
216 E Peyton Avenue, Kinston, NC 28501 - Image 3
216 E Peyton Avenue, Kinston, NC 28501 - Image 4

Multi-Family Home for sale in Kinston, NC

for $109,900 with 5 bedrooms and 2 full baths. This 2,030 square foot home was built in 1930 on a lot size of 0.16.

TWO HOUSES, ONE PARCEL! A rare opportunity to pick up two income-producing single-family rental homes with one purchase. Both homes are currently tenant occupied, providing rental income from day one. 216 E Payton Street offers 3 bedrooms and 1 bathroom and currently rents for $500 per month. 502 N Independence Street offers 2 bedrooms and 1 bathroom and currently rents for $425 per month. With both homes currently rented below market rates, there is potential for increased rental income. Located close to shopping, dining, employment, and everything Kinston has to offer. Whether you're looking to expand an existing rental portfolio or acquire multiple rental properties in a single transaction, this property deserves a look. Two detached homes, two rental income streams, one parcel--bring your investment strategy and take advantage of the potential. No trespassing. DO NOT DISTRUB TENANTS.

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Multi-Family Active

Price

$ 109,900

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.16

Year Built

1930

Town/City

Kinston

County/Region

Lenoir

MLS | Web ID

100593591
Features
Interior
Interior Amenities None
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Bedrooms 5
Total Baths 2
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General
Heating Electric Radiant
Cooling Wall/Window Unit(s)
Roof Shingle
Zoning R
Patio/Porch Features Porch
Construction Materials Vinyl Siding Wood Frame
Year Built 1930
View See Remarks
Levels One
Property Subtype Duplex
Tax Year 2026
Parcel Number 452556444550
County Lenoir
Operating Expense 0.0
New Construction N
Property Type Residential Income
In City Limits? (Y/N) Y
HOA N
Attached Garage N
Subdivision Name Not In Subdivision
Garage Y/N N
Status Active
Directions From E Vernon Ave and N Independence take N Independence towards E Peyton Ave. The property is on the cover of N Independence and E Peyton.
High School Kinston
City Kinston
High School District Lenoir County
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 6970.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Southeast
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Rochelle
Lease Considered Y/N N
Structure Type Wood Frame
Standard Status Active
Tax Assessed Value 81658
Legal Description E PEYTON/N INDEPENDENCE 216 E PEYTON AV
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Exterior
Exterior Finish Vinyl Siding
Fencing None
Parking Features Off Street
Total Parking 0.0
Lot Size Area 0.16
Foundation Details Crawl Space
Spa N
Building Area Total 2030.0
Lot Dimensions irregular
Lot Size Acres 0.16
Frontage Type See Remarks
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 216
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* Excluded Features
List By
The Nilsen Team

Listing Agent

Exp Realty

Broker

sgnilsen.realtor@gmail.com

Email

Affordability Calculator

$694
Per Month
100%
0%
0%
Monthly Principal & Interest
$694
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5225044 Elementary School
5198284 Middle School
Kinston High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/4/2026$109,900 Listed Price

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216 E Peyton Avenue, Kinston, NC, 28501 is a Multi-Family Home for sale at $109,900 with 2,030 sqft and a lot size of 0.16. 216 E Peyton Avenue has 5 bedrooms, 2.0 baths, and was built in 1930. The property's zip code is 28501 which is in Kinston, NC

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