Sold
Last Sold Price

131 Preston Rd, Jacksonville, NC 28540

Multi FamilyProperty Type
0.69 acresLot Size
1948Year Built

Description

Rental investment opportunity! Six total units, including house with upstairs and downstairs apartments, separate single apartment unit, and 3-unit triplex building. Total .44 acre lot, centrally located in Jacksonville city limits. All units are currently vacant.Rental investment opportunity! Six total units, including house with upstairs and downstairs apartments, separate single apartment unit, and 3-unit triplex building. Total .44 acre lot, centrally located in Jacksonville city limits. All units are currently vacant.
  • Listed by: Matt C Ray 910.388.6620 matt@rayproperties.com Brokerage DRE #C5706 • Ray Properties, INC
  • Listed by: Melissa Kepes 910.330.0914 melissa@rayproperties.com Brokerage DRE #C5706 • Ray Properties, INC
Listing closed: 04/06/2023 12:00 AM • Source: Hive MLS, MLS#: 100352002
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Location

Listing Courtesy of Ray Properties, INC

Sold By RE/MAX Elite Realty Group

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Payment Calculator

$1,666 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,468

Property Taxes

$198

HOA Dues

$0

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Property Information for 131 Preston Road

Property Details

  • Taxes: $2,378 / year
  • MLS Type: Commercial Sale / Multi Family
  • Subdivision Name: Elizabeth Park
  • Zoning: RSF-5

Building Information

  • Residences: 6
  • Year Built: 1948
  • Lot Size: 0.69 AC / 30,013 SF

Summary

Location and General Information
  • Island Or Mainland: Mainland
  • In City Limits: Yes
  • Secondary Subdivision: N/A
  • Cobra Zone: No
  • Location: Residential
  • Directions: Marine Blvd to Preston Rd, property on Left across from Jacksonville Board of Realtors
  • Latitude: 35
  • Longitude: -77
  • Road Frontage Type: City Street, State Road, 2 - 3 Lanes, Maintained, Paved
Taxes and HOA
  • Tax Other Assessment Amount Frequency: None known
  • Association: No
  • Parcel Number: 425-130
  • Tax Block: 185
  • Tax Book Number: 02
  • Tax Legal Description: L1 L15 L16 BA ELIZABETH PARK
  • Tax Map Number: 437715523698
  • Tax Assessed Value: $189,477
  • Tax Year: 2022
Parking
  • Attached Garage: No
  • Parking Features: Off Street, On Site

Property

Lot Information
  • Lot Size Acres: 0.69
  • Lot Size Area: 0.69
  • Lot Size Square Feet: 30013.0
  • Lot Size Dimensions: 130x149
  • Lot Size Units: Acres
Property and Assessments
  • Deed Book: 5311
  • Deed Page: 384.0
  • New Construction: No
  • Property Sub Type: Multi Family
  • Property Type: Commercial Sale
  • Road Surface Type: Paved
  • Year Built: 1948
  • Permitted Use: Public
Utilities
  • Sewer Provider: Municipal Sewer
  • Water Source: Public

Interior and Exterior Features

Interior Features
  • Bathrooms Total Source: MLS
  • Heating System Fuel Source: Electric
  • Heating: Yes
  • Heating: Electric

Multi Family

Multi Family Information
  • Number Of Units Total: 6

Agent

Sale and Listing
  • Sold Exclusive: No

Rental

Rent Information
  • Availability Date: 10-03-2022

Property History for 131 Preston Road

DateEvent & SourcePriceAppreciation
Apr 6, 2023

Sold

Hive MLS #100352002

$275,000—
Dec 14, 2022

Sold (Public Record)

Public Record #1508433008

$275,000—
Dec 14, 2022

Sold (Public Record)

Public Record #1536397006

$275,000

+28.0% / yr

DateEvent & SourcePrice
04/06/2023

Sold

Hive MLS #100352002

$275,000
12/14/2022

Sold (Public Record)

Public Record #1508433008

$275,000
12/14/2022

Sold (Public Record)

Public Record #1536397006

$275,000

+28.0% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

131 Preston Road

Beds

4

Baths

2

Total Finished SqFt

1,995 SqFt

Above Grade Finished SqFt

1,995 SqFt

Stories

2

Lot Size

30,000 SqFt

Schools near 131 Preston Road

This home is within Onslow County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Clyde Erwin Elementary
PublicK to 5

Northwoods Park Middle
Public6 to 8

Jacksonville High
Public9 to 12

New Bridge Middle
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Ray Properties, INC

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 08/08/2025 12:18 AM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass or its subsidiaries, affiliates and their agents and associated third parties shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 Hive MLS