Income-Producing Duplex in Kinston,
For Sale
$209,000
3145 Lakewood Drive, Kinston, NC 28504
MULTI_FAMILY - Kinston, NC
Property Size1,656 SF
Lot Size0.68 Acres
Price / SF$126.21
Days on Market380
Property Features for 3145 Lakewood Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
res
Bedrooms
2
Bathrooms
1
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1
Patio and Porch features
Porch, Deck
Interior features
Ceiling Fan(s)
Subdivision
Lakewood Estates
Elementary school
Banks
Middle school
Frink
High school
North Lenoir
High school district
Lenoir County
Directions
FROM FALLING CREEK COUNTRY CLUB TOWARDS PAULS PATH TURN RIGHT ONTO LAKEWOOD DR. AND DUPLEX IS DOWN ON THE RIGHT
Standard status
Active
APN
359601152849
Size
1,656 SF
Lot size
0.68 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
3145/3155 LAKEWOOD DR
Tax Annual Amount
718
Legal Description
3145/3155 LAKEWOOD DR
Utilities
Heating system
Electric (Heating), Heat Pump (Heating)
Cooling system
Heat Pump
Building Details
Year built
1981
Floors in Building
1
Number of units
2
Building materials
Vinyl Siding, Wood Frame
Roof type
Shingle
Listing Agency:
Kinston Realty Group
(252) 526-0400
Listed By:
Ashley Price · License #285772
(252) 775-1886
Added: Jul 16, 2025
Changed: Jul 18
Last Checked: Jul 30 at 5:06PM
MLS# 100519397
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 income-producing duplex is located in the desirable Falling Creek area, which is enhancing for current and future occupants. The property has a history of long-term tenants. Both units offer 2 bedrooms and 1 bathroom, for a total of 4 bedrooms and 2 bathrooms. The property includes a rear deck, storage building, and private driveways for each side. The property is situated on a 0.68-acre lot. The property size is 1656 square feet. Rent increases are currently under consideration for each unit. This duplex presents a great location and long-term value.
Key Highlights
- Duplex built in 1981 with vinyl siding and wood‑frame construction
- Two units with 2 bedrooms and 1 bathroom each (4 bedrooms, 2 bathrooms total)
- Tenants in place on both sides; property has a history of long‑term tenants
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 28504, NC
20,180
Population
9,355
Households
2.2
Avg Household Size
45
Median Age
18%
College-Educated
84%
High-School Grad
121.1 sq mi
ZIP Area
167
Density / Sq Mi
$50,650
Median Household Income
$35,717
Median Earnings
$905
Median Rent
$124,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Desirable Kinston duplex with long-term tenants and income potential.
Where is this duplex located?
The property is located at 3145 Lakewood Drive Kinston, NC.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: Duplex built in 1981 with vinyl siding and wood‑frame construction; Two units with 2 bedrooms and 1 bathroom each (4 bedrooms, 2 bathrooms total); Tenants in place on both sides; property has a history of long‑term tenants
