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    Kinston, NC
    Multifamily

    Kinston, NC Multifamily Properties for Sale

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    Dover, NC Grifton, NC La Grange, NC Deep Run, NC Ayden, NC Cove City, NC Hookerton, NC Snow Hill, NC
    Church and Income Property
    Updated: May 12, 2025
    Church and Income Property

    700-704 N East St, Kinston, NC 28501

    $390,000
    Multi‑building campus with a 7,000+ SF church plus a fellowship hall and kitchen
    Church main sanctuary seats 220 people with 50–75 capacity overflow
    Fellowship hall estimated capacity of 150 people
    Church features baptismal pool, two classrooms, five bathrooms, and four offices
    Additional income‑producing housing: four homes and a two‑story duplex
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    Brick Multifamily Apartment Building
    Updated: Apr 12
    Brick Multifamily Apartment Building

    1313 Morningside Dr, Kinston, NC 28501

    Contact for pricing
    56‑unit full‑brick multifamily apartment complex in Kinston, NC at 1313 Morningside Drive
    All units are 2‑bedroom units, plus a dedicated laundry building
    Non‑operational and in need of rehab, with extensive water damage reported after flooding
    55,944+/- SF multifamily building on an approx. 3.63‑acre lot; built in 1968
    New roof installed approx. 3 years ago
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Kinston, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Family Quadplex
    Multi-Family Quadplex

    4413 W Church Street, Farmville, NC 27828

    $330,000
    4,014 sqft 0.34 AC lot

    Residential income property offered for sale with rental-ready units near downtown Farmville amenities.

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    Brick Duplex
    Brick Duplex

    103 Mosby Circle, Greenville, NC 27834

    $205,000
    1,864 sqft 0.22 AC lot

    One-story residential income property with assigned parking, central air, and washer/dryer connections.

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    One-Story Duplex with Porch
    One-Story Duplex with Porch

    105 Mosby Circle, Greenville, NC 27834

    $205,000
    1,681 sqft 0.17 AC lot

    Residential zoning, central air, and public water support the existing duplex configuration.

    View details
    Tenant-Occupied Triplex
    Tenant-Occupied Triplex

    4335 West Pine Street, Farmville, NC 27828

    $160,000
    1,619 sqft 1.49 AC lot

    A three-home rental property with month-to-month tenants and a downtown Farmville address.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Building Lot with No Restrictions
    Residential Building Lot with No Restrictions

    104 Tyson Court lot: 3, New Bern, NC 28560

    $50,000
    0.87 AC lot

    A nearly 1-acre residential lot with no restrictions and prior approval for a 3-bedroom septic installation.

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    Magnolia, NC Land Available
    Magnolia, NC Land Available

    14 Whispering Pines Lane lot: 14, Magnolia, NC 28453

    Contact for pricing
    0.46 AC lot

    Residential land in Magnolia, NC, perfect for country living.

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    Magnolia, NC Land For Sale
    Magnolia, NC Land For Sale

    13 Whispering Pines Lane lot: 14, Magnolia, NC 28453

    Contact for pricing
    0.46 AC lot

    Residential land in Magnolia, perfect for country living.

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    Residential Lots in Robersonville, NC
    Residential Lots in Robersonville, NC

    1024 Coburn Lane, Robersonville, NC 27871

    $85,000
    5.91 AC lot

    Land with city utilities, suitable for doublewide mobile homes.

    View details

    Kinston, NC Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Kinston, NC on our real estate platform.

    Sale prices for multifamily properties in Kinston, NC average $390,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 38K
    Population Growth (5Y) -4.1%
    Median Household Income $42,721
    College Educated 10.4%

    High-Yield Neighborhoods for Investment

    Identify Kinston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28501 $195K
    28504 $209K

    Taxes & Financing

    Tax Rate (average for all types) 1.26%
    Property Tax per SF $28.59 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lenoir County

    New Delisted

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