4-Unit Quadplex with
New
For Sale
$742,000
2510 Commerce Road, Jacksonville, NC 28546
Residential Income, Jacksonville, NC
Property Size3,296 SF
Lot Size0.35 Acres
Price / SF$225.12
Days on Market3
Property Features for 2510 Commerce Road
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
Rmf-Hd
Bedrooms
8
Bathrooms
4
Full bathrooms
6
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 6, Bedroom 8, Bathroom 4, Bedroom 7, Bedroom 5, Bathroom 3, Bedroom 6, Bedroom 2, Bathroom 5, Bedroom 3
Parking features
Parking Lot
Patio and Porch features
Porch
Exterior features
Balcony
Appliances
Electric Oven, Electric Cooktop, Dishwasher
Subdivision
College Park
Elementary school
Jacksonville Commons
Middle school
Jacksonville Commons
High school
Northside
High school district
Onslow
Directions
Heading south on US 17 Marine Blvd, Make right onto Parkwood Drive, Make left onto Commerce Road, Property on right handside.
Standard status
Active
APN
345f-81.5
Size
3,296 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
L3 BENTLEY PLACE
Tax Annual Amount
5026
Legal Description
L3 BENTLEY PLACE
Utilities
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1984
Floors in Building
2
Number of units
4
Flooring type
Vinyl, Carpet
Building materials
Brick, Vinyl Siding, Wood Frame
Roof type
Shingle
Listing Agency:
RE/MAX Executive
(910) 939-1074
Listed By:
Manuel Feliciano Jr · License #359243
(910) 382-5474
Added: Oct 11
Changed: Oct 13
Last Checked: Oct 13 at 7:06PM
MLS# 100609697
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 3,296-square-foot quadplex contains four units, with three currently rented. The 0.35-acre property was built in 1984 and is zoned RMF-HD. Exterior features include balconies and a porch, with a parking lot for residents. Public water serves the property.
The building is in Jacksonville, with shopping centers, restaurants, and other local services described as a short drive away. Construction includes brick, vinyl siding, and a wood-frame structure. Interior finishes include vinyl and carpet flooring; heating and cooling are provided by heat pumps, with electric heat also listed.
The building is in Jacksonville, with shopping centers, restaurants, and other local services described as a short drive away. Construction includes brick, vinyl siding, and a wood-frame structure. Interior finishes include vinyl and carpet flooring; heating and cooling are provided by heat pumps, with electric heat also listed.
Key Highlights
- Four‑unit multifamily property; three units currently rented
- 3,296 square feet on 0.35 acres
- RMF‑HD zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,964
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$659,280
$659.3K
Cap Rate 7%
$470,914
$470.9K
Cap Rate 9%
$366,267
$366.3K
Market Conditions
NOI Build-Up for 3,296 SF
Gross rent
$49.4K $15.00/SF
− Vacancy
−$2.3K −$0.71/SF
EGI
$47.1K $14.29/SF
− OpEx
−$14.1K −$4.29/SF
NOI
$33.0K $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%
$659,280
Cap Rate 7%
$470,914
Cap Rate 9%
$366,267
Alternative Uses
Best Use
Multifamily LT 5
$470.9K
$412.1K – $549.4K
NOI $32,964 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$428.1K
$374.6K – $499.4K
NOI $29,966 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$716.0K
$626.5K – $835.3K
NOI $50,120 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
75%
Occupancy
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Three residences are currently leased, and the property has a dedicated parking lot.
Where is this quadplex located?
The property is located at 2510 Commerce Road Jacksonville, NC.
What is the asking price?
The asking price for this property is $742,000.
What are key features of this property?
This property features: Four‑unit multifamily property; three units currently rented; 3,296 square feet on 0.35 acres; RMF‑HD zoning
