Single Family Residence at 501 N Chestnut Street, Mount Olive, NC 28365, Mount Olive
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26 photos

$229,900

501 N Chestnut Street, Mount Olive, NC 28365
Mount Olive, NC 28365
Listed by David Kornegay · Kornegay Realty
Bedrooms
3
Bathrooms
1.5
Living area
1,648 sqft
Year built
1957

About this home

Walking distance to the University of Mount Olive. 24x24 detached building. Welcome home to this well-maintained 3-bedroom, 1.5-bath brick home located in a convenient in-town Mount Olive location. Offering approximately 1,648 square feet, this property combines classic character with practical features that make it an excellent choice for a homeowner, first-time buyer, or anyone looking for additional garage and workshop space. Inside, the home features beautiful wood flooring and comfortable living spaces with plenty of potential to make the home your own. The kitchen provides functional space for everyday living, while the three bedrooms offer flexibility for family, guests, or a home office. One of the standout features of this property is the 24' x 24' heated detached garage, providing an exceptional amount of additional space for vehicles, a workshop, hobbies, storage, or other needs. Having a heated detached building of this size is a rare advantage and adds significant versatility to the property. Step outside and enjoy the fenced backyard and covered back porch, creating a great setting for relaxing, entertaining, gardening, or enjoying the outdoors. Located in the heart of Mount Olive, this home offers convenient access to downtown amenities, shopping, dining, schools, and the University of Mount Olive.

Highlights

Fireplace

Property details

MLS #
100597498
Property type
Single Family Residence
Subdivision
Not In Subdivision
Status
Active
Days on market
55
On market date
August 19, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.23 acres
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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.

Elementary
Carver Elementary
0.73 mi away · Grades -1-4
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
512
Student:teacher ratio
16.0:1
District
Wayne County Public Schools
Middle
Mount Olive Middle
0.41 mi away · Grades 5-8
Zoned school (attendance boundary, 2015-16 data)
2.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
343
Student:teacher ratio
18.1:1
District
Wayne County Public Schools
High
Southern Wayne High
3.85 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
1,007
Student:teacher ratio
15.5:1
District
Wayne County Public Schools

Walkability

Blended score for Mount Olive's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

27
Car-dependent
out of 100
EPA National Walkability Index
8.8 / 20 -- Below average walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,534/mo
$45,980 down
$183,920 loan
Principal & interest$1,193
Property tax (est.)$192
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated August 19, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.