Turnkey Duplex with Private
215/217 Lloyd Street, Holly Ridge, NC 28445
MULTI_FAMILY - Holly Ridge, NC
Property size:
2,400 SFLot size:
0.48 AcresPrice / SF:
$166/SF- Added:
- Feb 22, 2026
- Days on Market:
- 109
- Last Refresh:
- Jun 11 at 11:06 am
Property Features for 215/217 Lloyd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-15A
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 2, Bedroom 3, Bathroom 4, Bedroom 2, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 3
- Parking
- 2
- Security features
- Security Lighting
- Patio and Porch features
- Deck, Porch
- Interior features
- Ceiling Fan(s)
- Appliances
- Electric Oven, Electric Cooktop, Washer, Refrigerator, Dryer
- Standard status
- Active
- APN
- 423711558797
- Size
- 2,400 SF
- Lot size
- 0.48 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- L17 P1 SHOLAR ESTATES
Utilities
- Heating system
- Heat Pump (Heating), Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2009
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Lvt/lvp, Carpet, Vinyl
- Building materials
- Vinyl Siding, Wood Frame
- Roof type
- Shingle
Listing agent Ariana Blevins License #339914 (910) 988-0146
Listing office Salt Marsh Properties 207 S Salem St, Apex, NC (919) 355-8063
Listing date Feb 22, 2026
MLS# 100556084
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.
HighLights
- Fully occupied duplex generating $2,500 per month in rental income with long‑term tenants in place
- Built in 2009 with 6 bedrooms and 4 bathrooms
- Central air conditioning plus heat pump/electric heating for year‑round comfort
- Appliances include electric oven, electric cooktop, washer, dryer, and refrigerator
- Vinyl siding wood‑frame construction with shingle roof
- Outdoor space features a deck, porch, and a partial private fenced‑in yard
Overview
This turnkey, fully occupied duplex consists of a pair of residential units at 215/217 Lloyd Street. The property is described as having long-term tenants in place and generating $2,500 per month in rental income. A partial private, fenced-in yard is included, providing functional outdoor space that can be attractive to tenants.
Located in Holly Ridge, the property is positioned just minutes from Surf City beaches and is described as conveniently situated between Jacksonville and Wilmington. Easy access to Hwy 17 is noted, supporting practical commuting while maintaining the coastal lifestyle appeal associated with the area. The property sits on a 0.48-acre lot.
For investors seeking immediate income, this duplex is offered with tenants already in place according to the listing remarks. Its duplex structure can also support tenant mix and operational simplicity compared with larger multi-family assets. With its current occupancy and included outdoor space, the property may fit an investor’s portfolio strategy focused on stable, rental-ready housing in Eastern North Carolina.
Located in Holly Ridge, the property is positioned just minutes from Surf City beaches and is described as conveniently situated between Jacksonville and Wilmington. Easy access to Hwy 17 is noted, supporting practical commuting while maintaining the coastal lifestyle appeal associated with the area. The property sits on a 0.48-acre lot.
For investors seeking immediate income, this duplex is offered with tenants already in place according to the listing remarks. Its duplex structure can also support tenant mix and operational simplicity compared with larger multi-family assets. With its current occupancy and included outdoor space, the property may fit an investor’s portfolio strategy focused on stable, rental-ready housing in Eastern North Carolina.
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 | $36.0k | $15.00 |
| − Vacancy | −$1.7k | −$0.71 |
| EGI | $34.3k | $14.29 |
| − OpEx | −$10.3k | −$4.29 |
| NOI | $24.0k | $10.00 |
2,400 SF · lease $15.00/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$342.9K
$300.0K – $400.1K
NOI $24,003 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$311.7K
$272.8K – $363.7K
NOI $21,820 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$521.4K
$456.2K – $608.3K
NOI $36,495 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Holly Ridge
- County
- Onslow
- State
- North Carolina
- Longitude
- -77.553065
- Latitude
- 34.498861
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Fully occupied duplex delivering stated monthly rental income and includes a partial private fenced-in yard.
Where is this duplex located?
The property is located at 215/217 Lloyd Street Holly Ridge, NC.
What is the asking price?
The asking price for this property is $399,995.
What are key features of this property?
This property features: Fully occupied duplex generating $2,500 per month in rental income with long‑term tenants in place; Built in 2009 with 6 bedrooms and 4 bathrooms; Central air conditioning plus heat pump/electric heating for year‑round comfort
