See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

206 King Street #A, New Bern, NC, 28560

6beds
3baths
2,827sqft
$400,000
$141price/sqft
$2,663/moest. monthly cost
$106,520/yrincome needed

About This Home

**Seller plans to remove the property from the market on September 1, so all offers should be submitted before then.** Welcome to 206 King Street, a rare opportunity in the heart of New Bern's Historic Downtown District offering flexibility, character, and income-producing potential. Whether you're looking for an investment property, owner-occupant opportunity, or a home that could potentially be converted back to a single-family residence, this property offers a variety of possibilities. The property features two separate living spaces totaling six bedrooms and three bathrooms. The downstairs unit has been extensively renovated following Florence and showcases an open-concept layout with updated flooring, modern lighting, a beautifully renovated kitchen with stainless steel appliances, ample cabinet space, and a desirable split-bedroom floor plan. The spacious primary suite includes a private bathroom, while two additional bedrooms and a second full bath provide plenty of room for family or guests. Enjoy relaxing on the inviting front porch swing or entertaining on the rear deck complete with an outdoor fireplace. Upstairs, you'll find a charming three-bedroom, one-bath apartment filled with historic character, including a clawfoot tub, and spacious living areas. The kitchen features stainless steel appliances and ample workspace, while mini-split cooling and baseboard heating provide year-round comfort. A washer and dryer are also included as a courtesy. Situated just a short walk from Downtown New Bern's shopping, dining, waterfront attractions, festivals, and Union Point Park, this property combines historic charm with modern convenience. Additional features include shared outdoor living spaces, and close proximity to medical facilities, the airport, and the Crystal Coast beaches, including Emerald Isle and Atlantic Beach. Whether you're seeking a multi-generational living arrangement, a house-hack opportunity, or an addition to your investment portfolio, 206 King Street offers exceptional versatility in one of Eastern North Carolina's most desirable historic locations. With the seller's closing cost incentive available and the property scheduled to come off the market on September 1, now is the time to submit your offer.

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
71
BikeVery Bikeable

Schools

6/10
9/10
Grover C Fields MiddleGrades 6-81.9 mi
3/10
New Bern HighGrades 9-124.5 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Crawl Space
  • Roof: Metal
  • Construction materials: Wood Siding,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Microwave,Washer,Refrigerator,Range,Dryer,Dishwasher

Basement

  • Basement: None

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • High Ceilings,Ceiling Fan(s),Blinds/Shades
  • Door features: Storm Door(s)
  • Flooring: Wood
  • Attic: None

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: Other,Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,827
  • Total interior livable area: 2,827 sqft

Kitchen

  • Level: Second

Living Room

  • Level: Second

Property

Details

  • Parcel number: 8003 223
  • Zoning: Residential
  • Special condition: Standard

Features

  • Levels: Two
  • Patio & porch: Covered,Porch
  • Exterior features: Storm Doors
  • Fencing: None
  • Has view: Yes
  • View description: None
  • Frontage type: See Remarks
  • Living area range: 2800 - 2999

Lot

  • Lot size: 2,614 sqft
  • Lot size dimensions: 44 x 64 x 43 x 74

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Winter Weather
Lightning
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Craven County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$162$1,944
Property Taxes $216$2,592
Electricity $263$3,159
Total$2,663$31,956
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,302/yr
40% on housing$79,890/yr
45% on housing$71,013/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$141This listing

vs Other Active Listings

Avg $/sqft

ZIP 28560$161
Craven County$162

vs Homes Sold Last Month

Median $/sqft

ZIP 28560$176
Craven County$171

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-05Price change$385,000
2026-07-30Price change$400,000
2026-07-21Price change$420,000
2026-07-14Price change$429,800
2026-06-20Listed for sale$429,900
2024-12-10Listing removed$1,750
2024-10-26Listed for rent$1,750
2024-02-05Listing removed--
2024-01-22Price change$1,695
2024-01-16Price change$1,795
2023-12-28Listed for rent$1,800

For Sale by Agent

AgentRachel Love
BrokerageColdwell Banker Sea Coast Advantage

Similar Homes