$499,000

About this home

Fully occupied quadruplex located directly across the street from MCAS Cherry Point! This property offers four identical 2-bedroom, 1-bath units, currently rented for $875-950 per month with tenants in good standing. The sellers have made considerable improvements to the building during their ownership, including new windows, new electrical, new flooring, furnishings, and other cosmetic updates throughout. Each unit has an assigned parking space and private patio, with the upper-level units also featuring a deck. To respect the privacy of the current tenants, the seller has an available unit in another building that can be shown to prospective buyers. Buyers will have the opportunity to inspect the subject property once under contract. Interior photos shown are from another unit owned by the seller that has been converted to a BnB. (Single BnB unit generates $1,600 per month.) The units in this building have been updated similarly, with the main difference being white cabinetry. Great opportunity to add a fully occupied four-unit property to your rental portfolio, with possible VA owner-occupancy potential for an eligible buyer.

Property details

MLS #

100601449

Property type

Quadruplex

Subdivision

Kelley Park

Status

Active

Days on market

35

On market date

September 4, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.08 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).