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Lenoir County, NC Apartment Buildings for Sale

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Kinston Multifamily Investment Opportunity
$689,500
7,056 SF

Kinston Multifamily Investment Opportunity

656 Dr Martin Luther King Jr Blvd, Kinston, NC 28501

Established 10-unit multifamily property with value-add potential in Kinston.

  • High 10% Cap Rate Potential: Delivers a solid return on investment
  • Turnkey Renovations: Updated flooring, modern countertops, and stainless steel appliances
  • Strong Rental Demand: Proximity to Seymour Johnson Air Force Base and other employment centers
  • Professionally Managed: Focus on tenant retention and long‑term stability
  • Value‑Add Opportunity: Ongoing lease‑up provides income and upside potential
Last Update: Sep 18
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Kinston Multifamily Investment Opportunity
$689,500
7,056 SF

Kinston Multifamily Investment Opportunity

656 Dr Martin Luther King Jr Blvd, Kinston, NC 28501

Established 10-unit multifamily property with value-add potential in Kinston, NC.

  • Potential 10% cap rate, offering strong cash flow.
  • Turnkey renovations completed with updated flooring, modern countertops, and stainless steel appliances.
  • Professionally managed with a focus on tenant retention and long‑term stability.
  • Located just 1 hour from Raleigh, providing access to the Triangle area without the higher prices.
  • Strong rental demand due to proximity to Seymour Johnson Air Force Base and Goldsboro.
Last Update: Oct 1
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Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Lenoir County, NC, we suggest exploring several alternatives:

Lenoir County, NC Apartment Buildings Investment Opportunities Market Analysis

Explore 2 apartment buildings for sale in Lenoir County, NC on our real estate platform. These investment opportunities span a total of 24,394 square feet of properties for sale, with an estimated market value of $1,379,000.

Prices for two-family homes in Lenoir County, NC start at $689,500, averaging $689,500, and reaching up to $689,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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