417 Mason town Road Newport, NC $ 480,000
417 Mason town Road
$ 480,000
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417 Mason town Road

Newport, NC, 28570
$ 480,000
Bedrooms-- Baths0.0 Sq 1,304

Monthly Estimate*

$ 3,315

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Multi-Family Home for sale in Newport, NC

for $480,000. This 1,304 square foot home was built in 1956 on a lot size of 5.28.

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.

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Multi-Family Contingent

Price

$ 480,000

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

5.28

Year Built

1956

Town/City

Newport

County/Region

Carteret

MLS | Web ID

4377988

Features
General
Living Area 1304
Sewer Septic Installed
Heating Central
Cooling Other - See Remarks
Appliances None
Construction Materials Metal Vinyl
Pets Allowed Conditional
Year Built 1956
Tenant Pays Electricity
Property Subtype Portfolio
Parcel Number 6339.19.50.6295000
County Carteret
New Construction N
Property Type Residential Income
HOA N
Garage Y/N N
Directions US 258 S/US-70 E right onto Masontown Rd.
High School Unspecified
City Newport
Senior Community Y/N N
Number Of Units Total 10
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N N
Standard Status Active Under Contract
Construction Type Site Built
Restrictions Other - See Remarks
Tax Assessed Value 740303
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Exterior
Parking Features Driveway
Water Source Well
Lot Size Area 5.28
Foundation Details None
Building Area Total 1304
Road Surface Type Gravel
Road Responsibility Private Maintained Road
Main Level Garage YN N
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Interior
Basement (Y/N) N
Above Grade Finished Area 1304
Laundry Features None
Below Grade Finished Area 0
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Internal Only
Street Number 1 417
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* Excluded Features
List By
Re/Max Executive

Broker

Affordability Calculator

$3,315
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,315
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History
DatePricePrice ChangeDescription
7/2/2026$480,000 -3.01% Price Down
6/17/2026$494,900 Listed Price

Map


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417 Mason town Road, Newport, NC, 28570 is a Multi-Family Home for sale at $480,000 with 1,304 sqft and a lot size of 5.28. 417 Mason town Road has 0.0 baths and was built in 1956. The property's zip code is 28570 which is in Newport, NC