1216-1218 Davis Street, Jacksonville, NC 28540
MULTI_FAMILY - Jacksonville, NC
- Added:
- May 8, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 24 at 5:06 pm
Property Features for 1216-1218 Davis Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Rmf-Ld
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 1, Bathroom 2
- Appliances
- Built-In Microwave, Refrigerator, Range
- Standard status
- Active
- APN
- 416-61.2
- Size
- 1,450 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- L19 BD NORTHWOODS
- Tax Annual Amount
- 1146
Utilities
- Heating system
- Electric (Heating), Heat Pump (Heating)
- Cooling system
- Central Air, Heat Pump
- Water source
- Public
Building Details
- Year built
- 1954
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Lvt/lvp
- Building materials
- Vinyl Siding, Wood Frame
- Roof type
- Shingle
Listing agent Ryan McKelvey License #284991 (910) 467-5400
Listing office HomeFront Realty Services 825 Gum Branch Rd Ste 122, Jacksonville, NC (910) 467-5400
Listing date May 8, 2026
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 at 1216 and 1218 Davis St with a 2‑bedroom, 1‑bath unit on each side
- 1216 Davis St is already rented
- Year built: 1954
- Central air and heat pump HVAC (plus electric heating)
- Kitchen appliances include range, refrigerator, and built‑in microwave
- Public water source; washer and dryer hookups available
Overview
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 | $21.8k | $15.00 |
| − Vacancy | −$1.0k | −$0.71 |
| EGI | $20.7k | $14.29 |
| − OpEx | −$6.2k | −$4.29 |
| NOI | $14.5k | $10.00 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Onslow
- State
- North Carolina
- Longitude
- -77.422176
- Latitude
- 34.770516
