216 E Peyton Avenue

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Address: 216 E Peyton Ave, Kinston, NC 28501, USA
Atlanta & Southeast + 2-4 Units
Created date: August 5, 2026
Date last updated: September 20, 2026
Price: $109,900Investment Analyzer NEW!

Property Description

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.
Pending Sale

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Broker Details

The Nilsen Team
The Nilsen Team

eXp Realty LLC (888) 584-9431 MLS ID: gnilsa State License Number: 303908

Key Property Information

Listing Status: Pending Sale
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $109,900
No. of Units: 2
Year Built: 1930
Lot Size: 2,030.00 Sq ft
Opportunity Zone: No
Price per unit: $54,950
Property Website Click Here
Number of Bedrooms: 5
Number of Bathrooms: 2
Address: 216 E Peyton Avenue, Kinston, NC 28501, USA
Provided by:
Standard Status: Pending
MLS Listing Number: 100593591
ID: 3yd-HIVEMLSNC-100593591
Copyright Disclaimer: Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Final Deal Analysis

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