700 2nd Avenue, New Bern, NC, 28560
About This Home
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.
Getting Around
Somewhat Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Foundation: Block
- Roof: Metal
- Construction materials: Block
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
Features
- Ceiling Fan(s)
- Fireplace features: None
Heating & Cooling
- Heating features: Wall Furnace,Electric
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 3,219
- Total interior livable area: 3,219 sqft
Property
Details
- Parcel number: 8012 191
- Zoning: RESIDENTIAL - T
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: None
- Fencing: Partial
Lot
- Lot size: 3,484 sqft
- Lot size dimensions: 40 x 87.5 x 40 x 87.5
Parking
- Parking features: Off Street
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
- Winter Weather
- Lightning
- Heat Wave
- Strong Wind
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Craven County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,264 | $15,168 |
| Home Insurance * | $101 | $1,212 |
| Property Taxes | $188 | $2,256 |
| Electricity | $299 | $3,597 |
| Total | $1,852 | $22,224 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-12-22 | Price change | $250,000 |
| 2025-10-29 | Price change | $265,000 |
| 2025-09-26 | Listed for sale | $270,000 |
| 2023-05-12 | Sold | $230,000 |
| 2006-11-21 | Sold | $3,652 |
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