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Four-Unit Residential Income Property

3100 Trent Road New Bern, NC 28562

Claim this Listing
For Sale
$599,000

MULTI_FAMILY - New Bern, NC

Property size:
4,327 SF
Lot size:
1.17 Acres
Price / SF:
$138/SF
Added:
May 25, 2026
Days on Market:
47
Last Refresh:
Jul 10 at 9:06 am

Property Features for 3100 Trent Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
C-4
Bedrooms
7
Bathrooms
6
Rooms
Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 2, Bedroom 7, Bathroom 5, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 6, Bedroom 3, Bedroom 4
Parking features
Parking Lot, Driveway, Carport
Patio and Porch features
Deck
Interior features
Wash/Dry Connect, Kitchen Island, Apt/Suite, Walk-in Shower, Blinds/Shades
Fencing
Chain Link
Standard status
Active
APN
8-045 -022
Size
4,327 SF
Lot size
1.17 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
3106 TRENT RD
Tax Annual Amount
2842

Utilities

Utilities
Cable Available
Heating system
Electric (Heating), Forced Air, Natural Gas, Heat Pump (Heating)
Cooling system
Multi Units, Central Air, Ceiling Fan(s)
Water source
Public

Building Details

Year built
1920
Floors in Building
1
Number of units
4
Flooring type
Laminate, Carpet, Lvt/lvp
Building materials
Concrete, Brick Veneer, Vinyl Siding, Wood Siding, Steel Frame, Wood Frame
Roof type
Shingle, Metal

Listing agent Daniel Castilleja License #358513

Listing office CCA Real Estate 2300 Center Avenue, New Bern, NC

Listing date May 25, 2026

MLS# 100576603 Listing URL

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 four-unit residential income property is offered on one parcel and includes multiple attached and detached rental structures. The detached two-story single-family house contains 3 bedrooms, with the first floor at 970 square feet and the second floor at 465 square feet, built in 1920. A rear studio apartment of 565 square feet was built in 1950. In addition, a duplex built in 1995 provides two units: a 1217-square-foot studio apartment and a 1575-square-foot two-bedroom apartment. The main building is currently divided half residential and half retail space. The property also includes two residential rental houses, two residential rental houses and 3 carports. Storage buildings convey.

Zoned C-4, the site offers approximately 210 feet of frontage on Trent Road with ample parking, supporting practical day-to-day operations for multiple tenants. All units are set up as separate rentals on the same lot, which can simplify management for an owner seeking one-asset oversight.

With a mix of studios, a two-bedroom unit, and larger 3-bedroom space, the property may appeal to tenants looking for different household sizes while keeping all rental operations together on one C-4 parcel. Seller financing is available, and the property can be shown by appointment.

Key Highlights

  • Four separate rental units on one parcel: detached 3BR/2‑story home, rear studio, and a 2‑unit duplex
  • Single‑family house built 1920 offers 3 bedrooms with 970 SF (1st floor) and 465 SF (2nd floor)
  • Rear studio apartment built 1950 includes 565 SF; duplex built 1995 includes a 1,217 SF studio unit and 1,575 SF 2‑bedroom unit

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 $59.7k $13.80
− Vacancy −$3.9k −$0.90
EGI $55.8k $12.90
− OpEx −$16.7k −$3.87
NOI $39.1k $9.03
4,327 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$558.3K
$488.5K – $651.4K (±1% cap)
NOI $39,082 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$505.1K
$441.9K – $589.2K (±1% cap)
NOI $35,354 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$1.43M
$1.25M – $1.66M (±1% cap)
NOI $99,862 @ 7.0% cap · market cap 16.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Grocery & Convenience Store (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service Electrical Service Florist Locksmith Carpet & Flooring Store HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four separate rental units on one parcel, including a duplex, studio, and larger home, offering flexible tenant mix.
Where is this quadplex located?
The property is located at 3100 Trent Road New Bern, NC.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Four separate rental units on one parcel: detached 3BR/2‑story home, rear studio, and a 2‑unit duplex; Single‑family house built 1920 offers 3 bedrooms with 970 SF (1st floor) and 465 SF (2nd floor); Rear studio apartment built 1950 includes 565 SF; duplex built 1995 includes a 1,217 SF studio unit and 1,575 SF 2‑bedroom unit
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