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Elizabeth City, NC Apartment Buildings for Sale

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Multifamily Apartment Complex
Updated: Feb 3
Multifamily Apartment Complex

1005 Raleigh Street, Elizabeth City, NC 27909

$2,695,827
21,500 sqft 2.86 AC lot
24‑unit apartment portfolio across three properties
Approximately 21,500 square feet on 2.86 acres
95.8% occupied with a 9% cap rate
Three roofs replaced within the past 3–4 years with 30‑year architectural shingles
14 HVAC units replaced, including 7 since 2017
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Well-Maintained Apartment Complex
Updated: Jul 21
Well-Maintained Apartment Complex

1005 Raleigh St, Elizabeth City, NC 27909

$2,695,827
21,500 sqft
24‑unit portfolio totaling approximately 21,500 square feet
95.8% occupied with one vacant unit
Three properties at 1005 Raleigh St., 1110 Park St., and 0000 Park St.
Three roofs replaced within the past 3‑4 years with 30‑year architectural shingles
14 HVAC units replaced, including 7 since 2017
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Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 2 Active listings in Elizabeth City, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 35 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

6-Unit Apartment Property
6-Unit Apartment Property

607 W Princess Anne Road, Norfolk, VA 23517

$869,000
4,300 sqft

The property combines a four-unit main building with a separate carriage house containing two studio apartments.

View details
Two-Story Mixed-Use Retail Income
Two-Story Mixed-Use Retail Income

200 E Washington St, Suffolk, VA 23434

$1,290,000
0.24 AC lot

Mixed-use property with retail space and 11 residential units across two two-story buildings.

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Mixed-Use Property with Retail Space
Mixed-Use Property with Retail Space

200-208 E Washington Street, Suffolk, VA 23434

Contact for pricing
18,000 sqft 0.24 AC lot

Two-story mixed-use asset combining residential units with a dedicated retail space in Suffolk, Virginia.

View details
Six-Unit Brick Apartment Building
Six-Unit Brick Apartment Building

1419 Goff St, Norfolk, VA 23504

$795,000

Two-story brick apartment property with off-street parking in Norfolk.

View details

Off-Market Properties in Elizabeth City, NC

Consider similar Off-Market properties in Elizabeth City, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3 Walker Ave
GARDEN APT, COURT APT (5+ UNITS)

3 Walker Ave, Elizabeth City, NC 27909

Estimated value:
$14,700,000
11.90 AC lot
View details
Roanoke Ave
GARDEN APT, COURT APT (5+ UNITS)

Roanoke Ave, Elizabeth City, NC 27909

Estimated value:
$14,700,000
3.56 AC lot
View details
1202 Carolina Ave
GARDEN APT, COURT APT (5+ UNITS)

1202 Carolina Ave, Elizabeth City, NC 27909-5419

Estimated value:
$370,000
0.25 AC lot
View details
305 Church St
GARDEN APT, COURT APT (5+ UNITS)

305 Church St, Elizabeth City, NC 27909-4849

Estimated value:
$165,000
0.46 AC lot
View details
Walker Ave
GARDEN APT, COURT APT (5+ UNITS)

Walker Ave, Elizabeth City, NC 27909

Estimated value:
$5,675,000
3.44 AC lot
View details
Walker St
GARDEN APT, COURT APT (5+ UNITS)

Walker St, Elizabeth City, NC 27909

Estimated value: by Request
6.56 AC lot
View details
110 Mcmorrine St
HIGH-RISE APARTMENTS

110 Mcmorrine St, Elizabeth City, NC 27909-4436

Estimated value:
$3,575,000
0.44 AC lot
View details
1221 Riverside Ave
GARDEN APT, COURT APT (5+ UNITS)

1221 Riverside Ave, Elizabeth City, NC 27909

Estimated value:
$2,110,000
2.35 AC lot
View details
1206 Parkview Dr
GARDEN APT, COURT APT (5+ UNITS)

1206 Parkview Dr, Elizabeth City, NC 27909-6068

Estimated value:
$685,000
1.73 AC lot
View details
Russell Ln
GARDEN APT, COURT APT (5+ UNITS)

Russell Ln, Elizabeth City, NC 27909

Estimated value:
$1,400,000
9.75 AC lot
View details
1499 Hoffler St
GARDEN APT, COURT APT (5+ UNITS)

1499 Hoffler St, Elizabeth City, NC 27909-4932

Estimated value:
$515,000
1.20 AC lot
View details
280 Carver St
GARDEN APT, COURT APT (5+ UNITS)

280 Carver St, Elizabeth City, NC 27909

Estimated value:
$260,000
0.74 AC lot
View details
111 Cameron Dr
GARDEN APT, COURT APT (5+ UNITS)

111 Cameron Dr, Elizabeth City, NC 27909-8912

Estimated value:
$1,275,000
4.99 AC lot
View details
Mcmorrine St
GARDEN APT, COURT APT (5+ UNITS)

Mcmorrine St, Elizabeth City, NC 27909

Estimated value:
$420,000
0.12 AC lot
View details
1108 Weeks St
GARDEN APT, COURT APT (5+ UNITS)

1108 Weeks St, Elizabeth City, NC 27909-4671

Estimated value:
$105,000
0.26 AC lot
View details
110 Water St Sta, Unit A
GARDEN APT, COURT APT (5+ UNITS)

110 Water St Sta, Elizabeth City, NC 27909-4483

Unit A
Estimated value:
$115,000
0.03 AC lot
View details
5 Raleigh St
HIGH-RISE APARTMENTS

5 Raleigh St, Elizabeth City, NC 27909

Estimated value: by Request
1.42 AC lot
View details
1110 Park St
HIGH-RISE APARTMENTS

1110 Park St, Elizabeth City, NC 27909-6148

Estimated value:
$965,000
0.89 AC lot
View details
413 Massachusetts Ave
GARDEN APT, COURT APT (5+ UNITS)

413 Massachusetts Ave, Elizabeth City, NC 27909-5987

Estimated value:
$140,000
3,680 sqft 0.16 AC lot
View details
Walker Ave
GARDEN APT, COURT APT (5+ UNITS)

Walker Ave, Elizabeth City, NC 27909

Estimated value: by Request
10.00 AC lot
View details
Walkers Ave
GARDEN APT, COURT APT (5+ UNITS)

Walkers Ave, Elizabeth City, NC 27909

Estimated value: by Request
4.20 AC lot
View details
666 Hughes Blvd Rear
GARDEN APT, COURT APT (5+ UNITS)

666 Hughes Blvd Rear, Elizabeth City, NC 27909-4531

Estimated value: by Request
18.01 AC lot
View details

Elizabeth City, NC Apartment Buildings Market Trends and Statistics

Explore 37 apartment buildings for sale in Elizabeth City, NC on our real estate platform. These investment opportunities span a total of 43,000 square feet of properties for sale, with an estimated market value of $5,391,654.

Sale prices for two-family homes in Elizabeth City, NC average $2,695,827 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 41K
Population Growth (5Y) +3.5%
Median Household Income $64,039
College Educated 12.0%

High-Yield Neighborhoods for Investment

Identify Elizabeth City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
27909 $2.7M

Taxes & Financing

Tax Rate (average for all types) 4.71%
Property Tax per SF $17.52 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Pasquotank County

New Delisted

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