# 216 E Peyton Avenue, Kinston, NC 28501 > **TL;DR:** 5bd/2ba multi-family, $109,900 ($54/sqft), built 1930, 2,030 sqft. > A/C. Est. $588/mo. Listed 100 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $109,900 | | Price/sqft | $54 | | Bedrooms | 5 | | Bathrooms | 2 full | | Square Feet | 2,030 | | Year Built | 1930 | | Lot Size | 6,970 sqft (0.16 acres) | | Stories | 1 | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 100 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $556 | | Estimated Insurance | $32 | | **Total** | **$588** | ## Nearby Schools - **Elementary:** Southeast - **Middle:** Rochelle - **High:** Kinston ## Key Amenities - A/C ## Property Highlights - Built in 1930 - 0.16 acre lot ## Description ### Agent Description TWO HOUSES, ONE PARCEL! A rare opportunity to pick up two income-producing single-family rental homes with one purchase. Both homes are currently tenant occupied, providing rental income from day one. 216 E Payton Street offers 3 bedrooms and 1 bathroom and currently rents for $500 per month. 502 N Independence Street offers 2 bedrooms and 1 bathroom and currently rents for $425 per month. With both homes currently rented below market rates, there is potential for increased rental income. Located close to shopping, dining, employment, and everything Kinston has to offer. Whether you're looking to expand an existing rental portfolio or acquire multiple rental properties in a single transaction, this property deserves a look. Two detached homes, two rental income streams, one parcel--bring your investment strategy and take advantage of the potential. No trespassing. DO NOT DISTRUB TENANTS. ## Location - **Address:** 216 E Peyton Avenue, Kinston, NC 28501 - **County:** Lenoir - **Neighborhood:** Not In Subdivision - **Coordinates:** 35.26524, -77.577971 - **Google Maps:** https://www.google.com/maps?q=35.26524,-77.577971 ## Listing Agent - **Name:** The Nilsen Team · **License:** 303908 - **Brokerage:** eXp Realty LLC - **Broker Phone:** (888) 584-9431 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/216-E-Peyton-Ave_Kinston_NC_28501_M53330-13449?f=listhub&s=HIVEMLSNC&m=100593591&c=propsimple) ## Photos ![216 E Peyton Avenue - Photo 1](http://lh.rdcpix.com/f9596e20ed9a474c48c529b79fae96b8l-f3357404683r.jpg) ![216 E Peyton Avenue - Photo 2](http://lh.rdcpix.com/f9596e20ed9a474c48c529b79fae96b8l-f2150262113r.jpg) ![216 E Peyton Avenue - Photo 3](http://lh.rdcpix.com/f9596e20ed9a474c48c529b79fae96b8l-f2415948055r.jpg) ![216 E Peyton Avenue - Photo 4](http://lh.rdcpix.com/f9596e20ed9a474c48c529b79fae96b8l-f742587384r.jpg) --- **MLS#:** 100593591 | **Updated:** 2026-11-08 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/216-e-peyton-avenue-kinston-nc-28501-ad991d0e2ca74a12af801fcfe9c12e0c) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/216-e-peyton-avenue-kinston-nc-28501-ad991d0e2ca74a12af801fcfe9c12e0c#listing", "url": "https://www.propertysimple.ai/listing/216-e-peyton-avenue-kinston-nc-28501-ad991d0e2ca74a12af801fcfe9c12e0c", "name": "216 E Peyton Avenue, Kinston, NC 28501", "description": "TWO HOUSES, ONE PARCEL! A rare opportunity to pick up two income-producing single-family rental homes with one purchase. Both homes are currently tenant occupied, providing rental income from day one. 216 E Payton Street offers 3 bedrooms and 1 bathroom and currently rents for $500 per month. 502 N Independence Street offers 2 bedrooms and 1 bathroom and currently rents for $425 per month. With both homes currently rented below market rates, there is potential for increased rental income. Located close to shopping, dining, employment, and everything Kinston has to offer. Whether you're looking to expand an existing rental portfolio or acquire multiple rental properties in a single transaction, this property deserves a look. Two detached homes, two rental income streams, one parcel--bring your investment strategy and take advantage of the potential. No trespassing. 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