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    Brick Multifamily Apartment Building
    Updated: Apr 12
    Brick Multifamily Apartment Building

    1313 Morningside Dr, Kinston, NC 28501

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    56‑unit full‑brick multifamily apartment complex in Kinston, NC at 1313 Morningside Drive
    All units are 2‑bedroom units, plus a dedicated laundry building
    Non‑operational and in need of rehab, with extensive water damage reported after flooding
    55,944+/- SF multifamily building on an approx. 3.63‑acre lot; built in 1968
    New roof installed approx. 3 years ago
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Kinston, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    9-Unit Two-Bedroom Apartment Building
    9-Unit Two-Bedroom Apartment Building

    221 W Virginia St, Rocky Mount, NC 27804

    $675,000
    6,600 sqft

    Nine two-bedroom, one-bath apartments with central heat and air; utilities are metered separately and billed to tenants.

    View details
    8-Unit Multifamily Investment Property
    8-Unit Multifamily Investment Property

    516 Keen Street, Unit AH, Rocky Mount, NC 27804

    $475,000
    5,805 sqft

    Eight two-bedroom, one-bath units with new windows and doors, with six currently leased and two vacant for renovation.

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    Goldsboro Multifamily Property For Sale
    Goldsboro Multifamily Property For Sale

    306 W Pine St, Goldsboro, NC 27530

    Contact for pricing
    10,050 sqft

    18-unit multifamily property in Goldsboro, North Carolina, near Raleigh.

    View details
    Fully Rented 6-Plex Apartment Building
    Fully Rented 6-Plex Apartment Building

    416 N Kornegay Street, Goldsboro, NC 27530

    $499,000
    0.80 AC lot

    Updated 6-unit multifamily property with new windows, flooring, appliances, countertops, and partial HVAC replacements.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details

    Kinston, NC Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Kinston, NC on our real estate platform.

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    Demographics Overview

    Population 38K
    Population Growth (5Y) -4.1%
    Median Household Income $42,721
    College Educated 10.4%

    Taxes & Financing

    Tax Rate (average for all types) 1.26%
    Property Tax per SF $28.59 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lenoir County

    New Delisted

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