Duplex with Bonus Room and
231 Barbara Avenue, Midway Park, NC 28544
MULTI_FAMILY - Midway Park, NC
Property size:
3,264 SFLot size:
0.28 AcresPrice / SF:
$152/SF- Added:
- May 13, 2026
- Days on Market:
- 50
- Last Refresh:
- Jul 1 at 7:06 am
Property Features for 231 Barbara Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- R-8M
- Bedrooms
- 4
- Bathrooms
- 7
- Rooms
- Bathroom 4, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 8, Bathroom 5, Bathroom 7, Bathroom 6
- Parking features
- Garage, Open
- Patio and Porch features
- Porch
- Interior features
- Wash/Dry Connect, Ceiling Fan(s), Pantry, Walk-in Shower
- Appliances
- Electric Oven, Built-In Microwave, Refrigerator, Dishwasher
- Standard status
- Active
- APN
- 1116d-80.1
- Size
- 3,264 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- L63 & PT L64 TALLMAN
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 3
- Number of units
- 2
- Building materials
- Vinyl Siding, Wood Frame
- Roof type
- Shingle
Listing agent Jaclyn Cook License #365696 (910) 382-2777
Listing office Joe Powers Realty PO Box 12397, Jacksonville, NC (910) 934-0339
Listing date May 13, 2026
MLS# 100573500
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
- Duplex under construction (2026) at 231 Barbara Avenue, Midway Park, NC
- 2‑bedroom, 3.5‑bath layout on each side with a first‑floor bonus room
- Each unit includes a private 1‑car garage plus open parking
- Interior features include wash/dry connections, ceiling fans, pantry, and walk‑in shower
- Kitchen appliances: electric oven, built‑in microwave, refrigerator, and dishwasher
- Utilities and systems include public water, septic tank sewer, and electric heating; roof is shingle
Overview
This duplex at 231 Barbara Avenue provides two separate residential units, each laid out with 2 bedrooms and 3.5 bathrooms. The first-floor level includes a versatile bonus room that can support a range of everyday uses, such as a home office, guest space, or additional living area. Each side also has a private 1-car garage, adding practical convenience for residents.
The property is located in Midway Park, Onslow County, with proximity to Camp Lejeune and local shopping and dining options. It is positioned as a convenient base for tenants seeking access to everyday amenities while maintaining a self-contained, two-unit configuration.
For investors, the duplex format provides the ability to operate as two income-producing residential units. For owner-occupants, it supports a practical live-in-and-rent approach, with a private garage and dedicated bonus room space within each unit. With a zoning designation of R-8M and a total building size of 3,264 square feet on a 0.28-acre lot, the property is a straightforward option for buyers looking for a multi-unit residential asset in the Midway Park area.
The property is located in Midway Park, Onslow County, with proximity to Camp Lejeune and local shopping and dining options. It is positioned as a convenient base for tenants seeking access to everyday amenities while maintaining a self-contained, two-unit configuration.
For investors, the duplex format provides the ability to operate as two income-producing residential units. For owner-occupants, it supports a practical live-in-and-rent approach, with a private garage and dedicated bonus room space within each unit. With a zoning designation of R-8M and a total building size of 3,264 square feet on a 0.28-acre lot, the property is a straightforward option for buyers looking for a multi-unit residential asset in the Midway Park area.
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 | $49.0k | $15.00 |
| − Vacancy | −$2.3k | −$0.71 |
| EGI | $46.6k | $14.29 |
| − OpEx | −$14.0k | −$4.29 |
| NOI | $32.6k | $10.00 |
3,264 SF · lease $15.00/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$466.3K
$408.1K – $544.1K
NOI $32,644 @ 7.0% cap · market cap 6.54%
Second Best
Apartment 5plus
$423.9K
$370.9K – $494.6K
NOI $29,675 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$709.1K
$620.4K – $827.2K
NOI $49,634 @ 7.0% cap · market cap 9.95%
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
- Midway Park
- County
- Onslow
- State
- North Carolina
- Longitude
- -77.31373
- Latitude
- 34.717517
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-unit duplex offers flexible first-floor bonus space and private 1-car garages, suited for rental housing or owner-occupants.
Where is this duplex located?
The property is located at 231 Barbara Avenue Midway Park, NC.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Duplex under construction (2026) at 231 Barbara Avenue, Midway Park, NC; 2‑bedroom, 3.5‑bath layout on each side with a first‑floor bonus room; Each unit includes a private 1‑car garage plus open parking
