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New Construction Duplex
New
For Sale
$369,500

111 Sandy Drive, Jacksonville, NC 28546

Residential Income, Jacksonville, NC

Property Size1,900 SF
Lot Size0.30 Acres
Price / SF$194.47
Days on Market3

Property Features for 111 Sandy Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning Rmf-Ld
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2
Patio and Porch features Porch
Interior features Ceiling Fan(s)
Subdivision Not In Subdivision
Elementary school Parkwood
Middle school Jacksonville Commons
High school Jacksonville
High school district Onslow
Directions From the intersection of Western Blvd & Gum Branch Rd drive south on Gum Branch, turn left onto Sandy Dr, home will be on the left side.
Standard status Active
APN 339d-13.1
Size 1,900 SF
Lot size 0.30 Acres

Additional Details

Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Tax Year 2026
Tax Description L1 BLK A- O.D. SANDY- LAKEWOODS
Tax Annual Amount 771
Legal Description L1 BLK A- O.D. SANDY- LAKEWOODS

Utilities

Heating system Forced Air, Electric (Heating), Heat Pump (Heating)
Cooling system Ceiling Fan(s), Central Air

Amenities

covered porches
yard

Building Details

Year built 2026
Floors in Building 2
Number of units 2
Building materials Vinyl Siding, Wood Frame
Roof type Shingle
Listing Agency: Coldwell Banker Sea Coast Advantage-Hampstead
Listed By: Avery Washington · License #312418
Added: Oct 28 Last Checked: Oct 30 at 8:06AM
MLS# 100613121

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.

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Investment Insights

Based on property information with market context.

Under construction, this duplex contains 1,900 square feet across two separately metered units. Each residence is configured with two bedrooms and two bathrooms, with a covered porch and access to a spacious yard. Vinyl siding, a wood-frame structure, and a shingle roof are specified. Completion is identified for 2026.

The property occupies a 0.3-acre lot in Jacksonville, North Carolina, and is zoned Rmf-Ld. Each unit has central air conditioning; heating is listed as forced air, electric, and heat pump.

Key Highlights

  • Two‑unit duplex with a total of 1,900 square feet
  • Each unit has 2 bedrooms and 2 bathrooms
  • Separate meters for the two residences

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,002
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$380,040 $380.0K
Cap Rate 7%
$271,457 $271.5K
Cap Rate 9%
$211,133 $211.1K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$28.5K $15.00/SF
− Vacancy
−$1.4K −$0.71/SF
EGI
$27.1K $14.29/SF
− OpEx
−$8.1K −$4.29/SF
NOI
$19.0K $10.00/SF
Area
Onslow County, NC
Vacancy
4.75%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$380,040
Cap Rate 7%
$271,457
Cap Rate 9%
$211,133

Alternative Uses

Best Use
Multifamily LT 5
$271.5K
$237.5K – $316.7K (±1% cap)
NOI $19,002 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$246.8K
$215.9K – $287.9K (±1% cap)
NOI $17,274 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$412.7K
$361.2K – $481.5K (±1% cap)
NOI $28,892 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

436
Businesses Nearby

Demographics for 28546, NC

48,547
Population
21,387
Households
2.3
Avg Household Size
30
Median Age
25%
College-Educated
95%
High-School Grad
103.9 sq mi
ZIP Area
467
Density / Sq Mi
$60,552
Median Household Income
$39,487
Median Earnings
$1,174
Median Rent
$212,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separately metered residences each offer two bedrooms, two bathrooms, and a covered porch.
Where is this duplex located?
The property is located at 111 Sandy Drive Jacksonville, NC.
What is the asking price?
The asking price for this property is $369,500.
What are key features of this property?
This property features: Two‑unit duplex with a total of 1,900 square feet; Each unit has 2 bedrooms and 2 bathrooms; Separate meters for the two residences
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