About This Home

This 3-bedroom, 2-bathroom single family at 501 N Chestnut Street in Mount Olive, NC is listed for $229,900 ($140 per sqft). Built in 1957, the home offers 1,648 sqft of living space on a 0.23 acres lot.

Key Features

  • Built in 1957
  • 0.23 acre lot
  • Fireplace

Property Details

1 story
1 full, 1 half
1957

Amenities

Fireplace
Listing Description

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.

Monthly Cost Estimate

$1,230/mo

20% down · 6.5% · 30 years

Principal$166
Interest$996
Insurance$67

Estimates only. Actual payments may vary.

Location

501 N Chestnut Street

Mount Olive, NC 28365

Not In Subdivision

Features & Amenities

Interior Features

Kitchen IslandEat-in Kitchen

Property Details

Construction

Brick Veneer Wood Frame

Outdoor Features

Deck

Heating

Heat Pump (Heating)Electric (Heating)

Cooling

Heat Pump

Questions & Answers

This 3-bedroom, 2-bathroom single family at 501 N Chestnut Street is listed at $229,900 ($140/sqft). The estimated monthly payment is $1,229 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1957, 0.23 acre lot, Fireplace. Interior Features: Kitchen Island, Eat-in Kitchen.

This property is listed by David Kornegay.

DK

David Kornegay

License 165118

Agent at Kornegay Realty, Inc

Listed by Kornegay Realty, Inc · Broker phone: (919) 738-3982 · View on Broker Site · Broker website

MLS# 100597498· Source: Hive MLS· 69 days on PropertySimple

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.

501 N Chestnut Street, Mount Olive, NC 28365

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