417 Masontown Rd

Beds
Baths
1,304 Sq. Ft.
$380 / Sq. Ft.
1,304
Sq. Ft.
$380
per Sq. Ft.

Description

Excellent opportunity to own a well-established mobile home park featuring 10 rental lots plus a stick-built home on-site. All 10 lots are currently rented, with some long-term tenants in place. Rents have been increased in Feb. 2025, so there is a potential for additional rent increases. Key improvements include well and pressure tanks replaced less than one year ago. The stick-built home features a new roof (2022) and a new bathtub (2023). While the home does require some interior remodeling, it...Excellent opportunity to own a well-established mobile home park featuring 10 rental lots plus a stick-built home on-site. All 10 lots are currently rented, with some long-term tenants in place. Rents have been increased in Feb. 2025, so there is a potential for additional rent increases. Key improvements include well and pressure tanks replaced less than one year ago. The stick-built home features a new roof (2022) and a new bathtub (2023). While the home does require some interior remodeling, it presents a great value-add opportunity for additional income or future resale. The tenant in the stick-built home has been in place for 26 years. All septic tanks were emptied and inspected two years ago and found in good condition.
  1. Listed by RE/MAX Executive • jamiepurvisrealtor@yahoo.com

Property Details for 417 Masontown Road

Parking Features
Driveway
LISTING UPDATED: 06/17/2026 11:29 AM

Property Details for 417 Masontown Road

StatusActive
MLS #4377988
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Portfolio
Year Built1956
Lot Size5.28 AC / 229,996 SF
CountyCarteret County

Location

Listing Courtesy of RE/MAX Executive
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Building Information for 417 Masontown Road

Stories-Residences-Year Built1956Building Size-Lot Size5.28 AC / 229,996 SF

Payment Calculator

$2,678 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,466

Property Taxes

$212

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 417 Masontown Road

Summary
Location and General Information
  • Longitude: -76.88172661
  • Latitude: 34.80391565
  • Directions: US 258 S/US-70 E, right onto Masontown Rd.
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $740,303.00
  • Parcel Number: 6339.19.50.6295000
  • City Taxes Paid To: Newport
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 1304.0
  • Below Grade Finished Area: 0.0
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • New Construction YN: No
  • Photos Count: 15
  • Road Responsibility: Private Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
  • Restrictions: Other - See Remarks
  • Restrictions Description: Mobile homes allowed.
Utilities
  • Sewer: Septic Installed
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Metal, Vinyl
  • Pool Private YN: No
  • Road Surface Type: Gravel
Interior Features
  • Appliances: None
  • Cooling: Other - See Remarks
  • Heating: Central
  • Laundry Features: None
  • Foundation Details: None
  • Basement YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
Rental
Rent Information
  • Tenant Pays: Electricity
  • Pets Allowed: Conditional

Property History for 417 Masontown Road

DateEvent & SourcePriceAppreciation
Jun 17, 2026

Listed (Active)

CANOPY #4377988

$494,900
Dec 31, 2024

Expired

NCRMLS #100425336

$499,000
Feb 2, 2024

Listed (Active)

NCRMLS #100425336

$645,000
DateEvent & SourcePrice
06/17/2026

Listed (Active)

CANOPY #4377988

$494,900
12/31/2024

Expired

NCRMLS #100425336

$499,000
02/02/2024

Listed (Active)

NCRMLS #100425336

$645,000

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

Public Records for 417 Masontown Road

Taxable ValueLand$612,630Additions$127,673Total$740,303
Tax Record2025$2,541 ($212 / month)
Home Facts
Beds2Total Finished SqFt1,624 SqFtAbove Grade Finished SqFt1,624 SqFtStories1Lot Size231,173 SqFtStyleSingle Family ResidenceYear Built1956Year Renovated1969ZoningR20CountyCARTERETAPN6339.19.50.6295000

Schools near 417 Masontown Road

This home is within Carteret County Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 8 to 12
Public - 6 to 12
Rating
School
Distance
Newport Elementary School
PublicPK to 5

Newport Middle School
Public6 to 8

West Carteret High School
Public8 to 12

Bridges School
Public6 to 12

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.

Similar Homes

417 Masontown Road is a multi-family home for sale in Newport, NC 28570. This property was listed for sale on June 17, 2026 by RE/MAX Executive, it's currently listed at $494,900. It has been on the market for a total of 10 days and was last sold on March 15, 2022. This listing's school district is Carteret County Public School District. Nearby schools include Newport Elementary School, Newport Middle School and West Carteret High School. 417 Masontown Road is a 0-bed, 0-bath, 1,304 sqft multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Executive

Based on information submitted to the MLS GRID as of 06/17/2026 11:29 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.