208-210 York St · Jacksonville, NC 28540

$275,000

4 bd · 2.0 ba · 1,553 sqft · MultiFamily · 93 Days on market

Built 1953 Fair condition 0.37 ac lot Est $239k · 15% over

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +14.6/30.0
• DSCR +4.5/10.0
• 1% rule +4.1/10.0
• Schools +3.9/10.0
• Rent growth +3.6/5.0
• Livability +3.6/5.0
• Condition / age +2.2/5.0
• ARV discount +0.8/15.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

NEWLY UPDATED DUPLEX!!! Welcome to 208-210 York Street in the heart of Jacksonville. This duplex offers a total of 1592 heated square feet. Upon arrival, 208 York Street offers 3 bedrooms and 1 full bathroom. Addtionally, 210 York Street provides 1 bedroom and 1 full bathroom. Both units have recently been renovated including: LVP flooring, HVAC system, paint, windows, cabinets, countertops, kitchen appliances and siding! This multi-family home is the perfect opportunity to generate income while owning your own home! This won't last long, schedule your showing today!

Key facts

• On-site parking
• Separate entrances
• New roof

Tags

• NEW ROOF
• SEPARATE ENTRANCES
• FUNCTIONAL LAYOUTS
• ON-SITE PARKING
• CONVENIENTLY LOCATED

Property features AI

Finance

• Financial info: Tenants pay all utilities
• HOA & community: No HOA; Pets allowed

Exterior

• Parking: Main-level garage present; Driveway; Has garage
• Utilities: Public water; Public sewer; Electricity connected
• Home design: Residential income property (duplex); Zoned RMF-HD
• Construction: Site-built construction; Vinyl exterior; Composition roof; Crawl space foundation
• Exterior features: Level lot; Asphalt/paved road access; Publicly maintained road

Interior

• Kitchen: Electric range; Refrigerator; Dishwasher not listed
• Bedrooms: 4 bedrooms total; Also contains 1-bedroom and 3-bedroom unit types within the property (multi-unit configuration)
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Baseboard heating; Electric heating; Central air conditioning
• Interior features: Appliances include Dryer, Electric Range, Refrigerator, Washer; Vinyl flooring
• Laundry & utility: Laundry located in the kitchen; Washer and Dryer included

What this means for you Summary

Snapshot

• This is a 1×1bd/1ba + 1×3bd/1ba units multifamily listed at $275k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $67 ($809/yr) — positive. Per door: $34/mo.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $249k (9.4% below list).
• Recommended offer: $249k (9.4% below list) — sets the bar for 1% rule.
• Cap rate 6.6% vs local median 4.4% in Jacksonville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 71/100 on livability (#111 in NC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D, crime F, amenities F.
• Onslow County Schools (other): math 42% / reading 49% proficiency, ranked #84 of 178 in NC (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Clyde Erwin Elementary (math 32% / reading 47%, grade F, #694 of 1,410 statewide, top 53%, 343 students, 67% FRL); New Bridge Middle (math 57% / reading 64%, grade B+, #43 of 475 statewide, top 9%, 490 students, 40% FRL); Jacksonville High (math 52% / reading 66%, grade C+, #233 of 535 statewide, top 44%, 1,423 students, 44% FRL).
• Market conditions: Rents rising fast (+4.5%/yr); 386 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 1,246 units permitted in Onslow County in 2024 (0 in 5+ unit buildings).
• At $2,491/mo this rent would consume 46% of the median local household income ($66k/yr) (locally 1304% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 93 days — a 9% lower offer ($250k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $249,100 (9.4% below list)

Questions for the listing agent

1. It's been on market 93 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
5. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
9. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
10. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
11. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.91% ✗
• Cap rate: 6.59%
• Cash-on-cash: 1.05%
• DSCR: 1.05
• GRM: 9.2

CMA / ARV

• ARV (on-the-fly): $239,162
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
214 York St	0.02mi	4/2.0	1,578 (+2%)	16mo	$260,000	$165	83
328-330 Starling St	0.29mi	4/2.0	1,611 (+4%)	3mo	$250,000	$155	78
2270-2272 Onslow Dr	0.16mi	4/2.0	1,640 (+6%)	9mo	$232,000	$141	76
317-319 Starling St	0.31mi	4/2.0	1,637 (+5%)	1mo	$275,000	$168	76
325-327 Starling St	0.30mi	4/2.0	1,653 (+6%)	2mo	$254,000	$154	74
300-302 Starling St	0.42mi	4/2.0	1,456 (-6%)	3mo	$250,000	$172	67
332-334 Starling St	0.28mi	4/2.0	1,659 (+7%)	11mo	$250,000	$151	66
308-310 Starling St	0.38mi	4/2.0	1,667 (+7%)	8mo	$250,000	$150	64
301 & 303 Louise Ave	0.74mi	4/2.0	1,728 (+11%)	2mo	$222,000	$128	45

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.47% rent growth · sell at horizon

5-year hold

• IRR: -13.0%
• Equity multiple: 0.53×
• Total profit: $-36,492
• Equity at exit: $41,003

10-year hold

• IRR: -1.8%
• Equity multiple: 0.87×
• Total profit: $-10,287
• Equity at exit: $23,777

Cash invested: $77,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 85 Strongly Landlord-Friendly
• State North Carolina: 85 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

10-day notice; preempted; landlord-favorable but court speed varies.

Methodology + full state rankings →

ZIP-level market 28540

• Home prices YoY: -21.5%
• Rents YoY: 4.5%
• Active inventory: 386
• Price-to-rent: 19.9×

Monthly cashflow live

• Estimated rent: $2,491 high
• Mortgage (P&I): −$1,442
• Tax est. 1.5%: −$344 /mo · $4,125/yr
• Insurance: −$115
• HOA: −$0
• Vacancy / Maint / Mgmt: −$523
• Net cashflow: $67

Break-even live

Break-even rent $2,406

Max offer price $275,000

Occupancy floor 92%

Sensitivity live

Price	-10% $257	-5% $162	+0% $67	+5% $-28	+10% $-123
Rent	-10% $-129	-5% $-31	+0% $67	+5% $166	+10% $264
Rate	-1.0pp $206	-0.5pp $137	base $67	+0.5pp $-4	+1.0pp $-76

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
1× unit	1	1	$1,154
1× unit	3	1	$1,337
Total (2 units)			$2,491

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $68,750
• Closing costs: $8,250
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
129 Sanders St Jacksonville, NC	3.0	2.0	1198	$1,450	$1.21	23d	1	0.65mi
113 N Shore Dr Jacksonville, NC	3.0	1.0	1126	$1,395	$1.24	23d	1	0.79mi
16 White Oak St Jacksonville, NC	3.0	2.0	1150	$1,650	$1.43	23d	1	0.85mi
508 Henderson Dr Jacksonville, NC	3.0	1.0	1050	$1,400	$1.33	23d	1	1.18mi

Listing history 22 events

1. 2026-06-21
   days on market $275,000 Active 93 DOM
2. 2026-06-19
   days on market $275,000 Active 91 DOM
3. 2026-06-18
   days on market $275,000 Active 90 DOM
4. 2026-06-17
   days on market $275,000 Active 89 DOM
5. 2026-06-16
   days on market $275,000 Active 88 DOM
6. 2026-06-15
   days on market $275,000 Active 87 DOM
7. 2026-06-14
   days on market $275,000 Active 85 DOM
8. 2026-06-13
   days on market $275,000 Active 84 DOM
9. 2026-06-10
   days on market $275,000 Active 82 DOM
10. 2026-06-09
    days on market $275,000 Active 81 DOM
11. 2026-06-09
    days on market $275,000 Active 80 DOM
12. 2026-06-07
    days on market $275,000 Active 79 DOM
13. 2026-06-03
    days on market $275,000 Active 75 DOM
14. 2026-06-02
    days on market $275,000 Active 74 DOM
15. 2026-06-01
    days on market $275,000 Active 73 DOM
16. 2026-05-31
    days on market $275,000 Active 72 DOM
17. 2026-05-30
    days on market $275,000 Active 71 DOM
18. 2026-03-20
    listed $275,000 Active
19. 2026-02-06
    listed $275,000 Active
20. 2023-07-19
    soldstatus $240,000 Closed 573-char remark

    Show marketing remark (573 chars)

    NEWLY UPDATED DUPLEX!!! Welcome to 208-210 York Street in the heart of Jacksonville. This duplex offers a total of 1592 heated square feet. Upon arrival, 208 York Street offers 3 bedrooms and 1 full bathroom. Addtionally, 210 York Street provides 1 bedroom and 1 full bathroom. Both units have recently been renovated including: LVP flooring, HVAC system, paint, windows, cabinets, countertops, kitchen appliances and siding! This multi-family home is the perfect opportunity to generate income while owning your own home! This won't last long, schedule your showing today!

21. 2023-06-21
    status Pending 573-char remark

    Show marketing remark (573 chars)

    NEWLY UPDATED DUPLEX!!! Welcome to 208-210 York Street in the heart of Jacksonville. This duplex offers a total of 1592 heated square feet. Upon arrival, 208 York Street offers 3 bedrooms and 1 full bathroom. Addtionally, 210 York Street provides 1 bedroom and 1 full bathroom. Both units have recently been renovated including: LVP flooring, HVAC system, paint, windows, cabinets, countertops, kitchen appliances and siding! This multi-family home is the perfect opportunity to generate income while owning your own home! This won't last long, schedule your showing today!

22. 2023-06-17
    listed $234,900 Active 573-char remark

    Show marketing remark (573 chars)

    NEWLY UPDATED DUPLEX!!! Welcome to 208-210 York Street in the heart of Jacksonville. This duplex offers a total of 1592 heated square feet. Upon arrival, 208 York Street offers 3 bedrooms and 1 full bathroom. Addtionally, 210 York Street provides 1 bedroom and 1 full bathroom. Both units have recently been renovated including: LVP flooring, HVAC system, paint, windows, cabinets, countertops, kitchen appliances and siding! This multi-family home is the perfect opportunity to generate income while owning your own home! This won't last long, schedule your showing today!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥106°F today · 18 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,892
• − Mortgage interest: −$15,404
• − Property taxes: −$4,125
• − Insurance: −$1,375
• − Repairs & maintenance: −$2,391
• − Management: −$2,391
• − Depreciation: −$8,000
• Taxable loss: −$3,795
• Est. tax savings @ 24.0%: +$911
• After-tax cash flow: $1,720/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 5 photos

Fair 45/100 Moderate rehab

This multi-family property requires significant repairs and maintenance to improve its condition and value. Investing in new siding, roof, flooring, and painting would significantly enhance its curb appeal and property value.

Repairs flagged

• Major exterior siding — Significant wear and tear
• Major roof — Signs of wear and tear
• Major flooring — Worn-out carpet
• Major interior walls — Painted walls with visible wear

Value-add opportunities

• Both New exterior siding — Enhances curb appeal and property value
• Both New roof — Improves property value and reduces maintenance costs
• Both New flooring — Enhances interior aesthetics and property value
• Both Painting interior walls — Enhances interior aesthetics and property value

Renovation cost estimate screening

Repair item	Severity	Est. cost
exterior siding · Significant wear and tear	Major	$15,000–50,000
roof · Signs of wear and tear	Major	$15,000–50,000
flooring · Worn-out carpet	Major	$15,000–50,000
interior walls · Painted walls with visible wear	Major	$15,000–50,000
Total estimated repair cost · 4 items		$60,000–200,000

Value-add ROI direction

• Both New exterior siding — Enhances curb appeal and property value ↑
• Both New roof — Improves property value and reduces maintenance costs ↑
• Both New flooring — Enhances interior aesthetics and property value ↑
• Both Painting interior walls — Enhances interior aesthetics and property value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Onslow County Schools
• NCES district ID: 3703450
• Math proficiency: 42% ▲ 6.00%
• Reading proficiency: 49% ▲ 5.00%
• Median HH income: $46,076
• Composite: 38.66/100
• National rank: #4148
• State rank: #84 of 178 in NC

Livability — Jacksonville

• Score: 71/100
• State rank: #111
• US rank: #6991

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment D Housing A+ Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jacksonville, NC
• County: Onslow County · 164,453 people
• City population: 96,397
• Metro: Jacksonville, NC
• Population (ZIP): 49,141
• Household income: $65,625
• Rent vs Own: 38.2% rent · 61.8% own
• Severe rent burden: 1304.0

Population outlook (Onslow County) Hauer SSP2

• Today (2025): 189,789 people
• By 2030: 194,463 · +2.5%
• By 2040: 193,629 · +2.0%
• By 2050: 193,248 · +1.8%
• By 2075: 196,995 · +3.8%
• By 2100: 201,513 · +6.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 62% Black 14% Hispanic / Latino 14% Two or more races 13% Asian 2%
• Hispanic origin (detail): Mexican 5% Puerto Rican 6%
• Common ancestry: Italian 3% Serbian 2% Romanian 2%
• Foreign-born: 4% · Canada, China
• Languages at home: 90% English-only · Spanish 7% Chinese 1% Other Asian/Pacific 1%

Political lean MEDSL · Onslow

• 2024 margin: Solid R (+35.9) · D 31.5% · R 67.5% · Other 1.0%
• 2008→2024 swing: -14.5pp toward R · 2008: -21.5pp · 2024: -35.9pp
• All cycles: 2024: R+35.9 2020: R+30.2 2016: R+34.6 2012: R+27.0 2008: R+21.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -60.11%
• Current HPI: 219.5571
• Rent YoY: ▲ 4.47%
• Metro: Jacksonville, NC
• State GDP YoY: ▲ 3.28%
• F500 in state: 26

Industry mix (Fortune 500 HQ in NC)

Industry	F500 HQs	Revenue
▸Financial Services	2	$213B
▸Retail	2	$95B
▸Industrial Conglomerate	1	$38B
▸Metals / Steel	1	$35B
▸Utilities	1	$30B
▸Industrial Machinery	1	$19B

Price history

+17.1% since first listed

5 events — show timeline

• 2026-03-20 Listed $275,000 CANOPYMLS as Distributed by MLS Grid
• 2026-02-06 Listed $275,000 CANOPYMLS as Distributed by MLS Grid
• 2023-07-19 Sold (MLS) $240,000 Hive MLS
• 2023-06-21 Pending — Hive MLS
• 2023-06-17 Listed $234,900 Hive MLS