Tenant-Occupied
For Sale
$237,000
2258-2260 Onslow Dr, Jacksonville, NC 28540
Two residential units are currently occupied by tenants.
Property Size1,553 SF
Price / SF$152.61
Days on Market167
Property Features for 2258-2260 Onslow Dr
General Information
Standard status
Active
Size
1,553 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Year Built
1953
Listing Agency:
UNITED REAL ESTATE COASTAL RIVERS
Listed By:
Consuelo McAllister Colvin · License #284755
(252) 658-0156
Source:
Coastalrealtyassociates
Added: May 7
Changed: Oct 1
Last Checked: Oct 19 at 7:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of UNITED REAL ESTATE COASTAL RIVERS
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Investment Insights
Based on property information with market context.
This duplex contains two occupied residential units with a combined 1,553 square feet. The smaller unit offers 600 square feet with one bedroom, one bathroom, a kitchen, living room, and laundry area integrated into the kitchen and dining space. The second unit provides 953 square feet, three bedrooms, one bathroom, a kitchen, living room, and separate dining area. The property was built in 1953.
The duplex is near Camp Lejeune, restaurants, convenience stores, shopping, a community college, public transportation, and the Camp Lejeune Military Base. A bus stop is located across from the property. Showings require advance notice and are limited to serious, qualified buyers.
The duplex is near Camp Lejeune, restaurants, convenience stores, shopping, a community college, public transportation, and the Camp Lejeune Military Base. A bus stop is located across from the property. Showings require advance notice and are limited to serious, qualified buyers.
Key Highlights
- Two‑unit duplex with 1,553 square feet combined
- Unit 2260: 600 sq. ft., 1 bedroom, 1 bathroom
- Unit 2258: 953 sq ft, 3 bedrooms, 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,532
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,640
$310.6K
Cap Rate 7%
$221,886
$221.9K
Cap Rate 9%
$172,578
$172.6K
Market Conditions
NOI Build-Up for 1,553 SF
Gross rent
$23.3K $15.00/SF
− Vacancy
−$1.1K −$0.71/SF
EGI
$22.2K $14.29/SF
− OpEx
−$6.7K −$4.29/SF
NOI
$15.5K $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%
$310,640
Cap Rate 7%
$221,886
Cap Rate 9%
$172,578
Alternative Uses
Best Use
Multifamily LT 5
$221.9K
$194.2K – $258.9K
NOI $15,532 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$201.7K
$176.5K – $235.3K
NOI $14,119 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$337.4K
$295.2K – $393.6K
NOI $23,616 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
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Business Placement
Demographics for 28540, NC
49,739
Population
21,466
Households
2.3
Avg Household Size
32
Median Age
23%
College-Educated
92%
High-School Grad
110.3 sq mi
ZIP Area
451
Density / Sq Mi
$61,462
Median Household Income
$32,313
Median Earnings
$1,014
Median Rent
$201,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units are currently occupied by tenants.
Where is this duplex located?
The property is located at 2258-2260 Onslow Dr Jacksonville, NC.
What is the asking price?
The asking price for this property is $237,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,553 square feet combined; Unit 2260: 600 sq. ft., 1 bedroom, 1 bathroom; Unit 2258: 953 sq ft, 3 bedrooms, 1 bathroom
