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Jacksonville Duplex: Investment Opportunity

141 & 143 Marlene Drive Jacksonville, NC 28546

Claim this Listing
Pending
$275,000

MULTI_FAMILY - Jacksonville, NC

Property size:
1,816 SF
Lot size:
0.07 Acres
Added:
May 16, 2026
Days on Market:
59
Last Refresh:
Jul 13 at 7:06 pm

Property Features for 141 & 143 Marlene Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Rmf-Hd
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4
Patio and Porch features
Patio
Interior features
Wash/Dry Connect, Ceiling Fan(s), Blinds/Shades
Appliances
Electric Oven, Washer, Refrigerator, Dryer, Dishwasher
Standard status
Pending
APN
345e-113
Size
1,816 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
L61 S2B COLLEGE PARK T/H & L60 S2B COLLEGE PARK T/H
Tax Annual Amount
1151

Utilities

Utilities
Water Available
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Central Air
Water source
Public

Building Details

Year built
1990
Floors in Building
1
Number of units
2
Flooring type
Laminate, Carpet
Building materials
Brick, Vinyl Siding, Wood Frame
Roof type
Metal

Listing agent Shelby Cross License #285831

Listing office Southern Roots Rentals & Sales LLC NC

Listing date May 16, 2026

MLS# 100574447 Listing URL

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 Insights

Based on property information with market context.

This well-maintained duplex in Jacksonville, North Carolina, presents an excellent investment opportunity. Situated on a corner lot, the property is fully occupied with established tenants, offering immediate rental income. Each unit features two bedrooms, including a primary suite with dual closets and a private ensuite bath, along with a second full bathroom. An easily accessible laundry closet is included. Spacious outdoor living areas and additional storage off the covered porch enhance tenant appeal and everyday functionality. A newer tin roof was installed in 2020. The property is conveniently located near shopping, dining, schools, beaches, and the base. The property, zoned Rmf-Hd, measures 1816 square feet and sits on a 0.07-acre lot. This income-producing asset is located in a strong rental market.

Key Highlights

  • Duplex built in 1990 on a corner lot, fully occupied with established tenants
  • Each unit has 2 bedrooms and 2 full bathrooms, including a primary suite with dual closets and private ensuite bath
  • Laundry in each unit with a washer/dryer connection and included appliances: refrigerator, dishwasher, electric oven

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $27.2k $15.00
− Vacancy −$1.3k −$0.71
EGI $25.9k $14.29
− OpEx −$7.8k −$4.29
NOI $18.2k $10.00
1,816 SF · lease $15.00/SF/yr · vacancy 4.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$259.5K
$227.0K – $302.7K (±1% cap)
NOI $18,162 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$235.9K
$206.4K – $275.2K (±1% cap)
NOI $16,510 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$394.5K
$345.2K – $460.3K (±1% cap)
NOI $27,615 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store Pet Grooming Service Acupuncture Florist Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex in Jacksonville, fully occupied, generating immediate rental income.
Where is this duplex located?
The property is located at 141 & 143 Marlene Drive Jacksonville, NC.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Duplex built in 1990 on a corner lot, fully occupied with established tenants; Each unit has 2 bedrooms and 2 full bathrooms, including a primary suite with dual closets and private ensuite bath; Laundry in each unit with a washer/dryer connection and included appliances: refrigerator, dishwasher, electric oven
Contact an agent
More about this property
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