216 E Peyton Avenue, Kinston, NC 28501

Kinston
Local realty services provided by:Better Homes and Gardens Real Estate Treasure
216 E Peyton Avenue,Kinston, NC 28501
$109,900
  • 5 Beds
  • 2 Baths
  • 2,030 sq. ft.
  • Multi-family
  • Active
Listed by: the nilsen team, stephen nilsen
Office: exp realty
MLS#:100593591
Source:NC_CCAR

Price summary

  • Price:$109,900
  • Price per sq. ft.:$54.14

About this home

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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Home facts

  • Year built:1930
  • Subdivision & Development:Not In Subdivision
  • Listing ID #:100593591
  • Added:2 day(s) ago
  • Updated:August 06, 2026 at 10:14 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,030 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Electric, Heating, Radiant

Structure and exterior

  • Roof:Shingle
  • Year built:1930
  • Building area:2,030 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Vinyl Siding, Wood Frame
  • Exterior Features:Porch
  • Foundation Description:Crawl Space
  • Levels:1 Story

Schools

  • High school:Kinston
  • Middle school:Rochelle
  • Elementary school:Southeast

Finances and disclosures

  • Price:$109,900
  • Price per sq. ft.:$54.14

Parking

  • Parking description:Off Street
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