For sale

$250,000

700 2nd Avenue, New Bern, NC 28560

8beds

4baths

3,219sqft

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Duplex

Built in 1950

-- sqft lot

$-- Zestimate^®

$78/sqft

$-- HOA

What's special

Welcome to 700 2nd Avenue, a well-maintained duplex offering an exceptional investment opportunity in the heart of New Bern. Each unit features 4 spacious bedrooms and 2 full bathrooms, providing ample living space and strong rental appeal. One unit is currently tenant-occupied, offering immediate income potential for investors. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property is a versatile and valuable find. Recent updates include durable LVP flooring throughout and other modern touches that enhance both comfort and functionality. With its close proximity to historic downtown New Bern, tenants enjoy easy access to local shops, dining, waterfront parks, and cultural attractions.

296 days

762

49

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Wall Furnace, Electric

Cooling

Wall/Window Unit(s)

Features

Ceiling Fan(s)
Has fireplace: No

Interior area

Total structure area: 3,219
Total interior livable area: 3,219 sqft

Property

Parking

Parking features: Off Street

Features

Levels: Two
Stories: 2
Patio & porch: None
Fencing: Partial

Lot

Size: 3,485 Square Feet
Dimensions: 40 x 87.5 x 40 x 87.5

Details

Parcel number: 8012 191
Zoning: RESIDENTIAL - T
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Block
Foundation: Block
Roof: Metal

Condition

New construction: No
Year built: 1950

Community & HOA

Community

Subdivision: Not In Subdivision

Location

Region: New Bern

Financial & listing details

Price per square foot: $78/sqft
Tax assessed value: $215,270
Annual tax amount: $1,797
Date on market: 9/26/2025
Cumulative days on market: 296 days
Listing agreement: Exclusive Right To Sell

Estimated market value

Not available

Estimated sales range

Not available

$1,347/mo

Price history

Date	Event	Price
12/22/2025	Price change	$250,000-5.7%$78/sqft
Source: Hive MLS #100532999 Report a problem
10/29/2025	Price change	$265,000-1.9%$82/sqft
Source: Hive MLS #100532999 Report a problem
9/26/2025	Listed for sale	$270,000+17.4%$84/sqft
Source: Hive MLS #100532999 Report a problem
5/12/2023	Sold	$230,000+6197.9%$71/sqft
Source: Public Record Report a problem
11/21/2006	Sold	$3,652$1/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,941	$215,270
2024	--	$215,270 +192.7%
2023	$632	$73,540 +53.6%
2022	--	$47,870 +327.4%
2021	$140	$11,200
2020	--	$11,200
2019	$152 +0.8%	$11,200
2018	$151 +8.1%	$11,200
2017	$140 +24.8%	$11,200 -11.2%
2016	$112	$12,610
2015	--	$12,610
2014	--	$12,610
2013	--	$12,610
2012	--	$12,610
2011	--	$12,610
2010	--	$12,610 +44.9%
2009	--	$8,700
2008	--	$8,700
2007	--	$8,700 -37.4%
2006	--	$13,900
2005	--	$13,900
2004	--	$13,900
2002	--	$13,900

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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