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New Bern Duplex Investment Opportunity
For Sale
$250,000

700 2nd Avenue, New Bern, NC 28560

MULTI_FAMILY - New Bern, NC

Property Size3,219 SF
Lot Size0.08 Acres
Price / SF$77.66
Days on Market308

Property Features for 700 2nd Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RESIDENTIAL - T
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 8, Bedroom 1, Bathroom 4, Bedroom 7, Bedroom 6, Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
Parking features Off Street
Interior features Ceiling Fan(s)
Subdivision Not In Subdivision
Elementary school J. T. Barber
Middle school Grover C.Fields
High school New Bern
Directions Head north on Craven St toward Broad St Turn left onto Broad St Turn right onto Crawford St Turn left onto Elm St
Standard status Active
APN 8-012 -191
Size 3,219 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 702 SECOND AVE; LOT 105 WEST END
Tax Annual Amount 1797
Legal Description 702 SECOND AVE; LOT 105 WEST END

Utilities

Heating system Electric (Heating), Wall Furnace
Cooling system Window Unit(s), Wall/Window Unit(s)

Building Details

Year built 1950
Floors in Building 2
Number of units 2
Building materials Block
Roof type Metal
Listing Agency: Brick + Willow LLC
Listed By: Brad Pino · License #265728
Added: Sep 26, 2025 Changed: Jul 18 Last Checked: Jul 30 at 1:06PM
MLS# 100532999

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.

Located in the heart of New Bern, 700 2nd Avenue is a well-maintained duplex presenting an investment opportunity. Each unit includes 4 bedrooms and 2 full bathrooms. One unit is currently tenant-occupied, offering immediate income potential. The property provides versatility for investors looking to expand their portfolio or for owner-occupants who want to live in one unit while renting the other. Recent updates include LVP flooring throughout and other modern touches. The property is located in close proximity to historic downtown New Bern, providing access to local shops, dining, waterfront parks, and cultural attractions. The lot size is 0.08 acres. The property size is 3219 square feet. The zoning is residential. The property is located in Craven County, North Carolina.

Key Highlights

  • Duplex at 700 2nd Avenue in New Bern
  • Built in 1950 with block construction and a metal roof
  • Each unit has 4 bedrooms and 2 full bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Carpet & Flooring Store Locksmith HVAC Service Parking Lot & Garage Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

519
Businesses Nearby

Demographics for 28560, NC

28,005
Population
14,165
Households
2
Avg Household Size
46
Median Age
25%
College-Educated
92%
High-School Grad
122.6 sq mi
ZIP Area
228
Density / Sq Mi
$62,142
Median Household Income
$37,379
Median Earnings
$992
Median Rent
$191,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex in New Bern with immediate income potential.
Where is this duplex located?
The property is located at 700 2nd Avenue New Bern, NC.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Duplex at 700 2nd Avenue in New Bern; Built in 1950 with block construction and a metal roof; Each unit has 4 bedrooms and 2 full bathrooms
More about this property
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