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    Elizabeth City, NC
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    Elizabeth City, NC Apartment Buildings for Sale

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    Camden, NC Shiloh, NC Shawboro, NC Hertford, NC South Mills, NC Barco, NC Moyock, NC Maple, NC
    24-Unit Apartment Complex
    Updated: Feb 3
    24-Unit Apartment Complex

    1005 Raleigh Street, Elizabeth City, NC 27909

    $2,695,827
    21,500 sqft 2.86 AC lot
    24 units across three properties totaling approximately 21,500 square feet
    95.8% occupied, with one vacant unit
    2.86 acres with four quadplexes, one duplex, and one six‑unit building
    AD zoning may allow additional units subject to City site plan and planning approval
    Three roofs replaced within the past 3‑4 years with 30‑year architectural shingles
    View details
    Multi-Family Apartment Complex Portfolio
    Updated: Feb 4
    Multi-Family Apartment Complex Portfolio

    1005 Raleigh St, Elizabeth City, NC 27909

    Contact for pricing
    21,500 sqft
    High Cap Rate: Enjoy a 9% cap rate based on NOI at full occupancy.
    Strong Income Potential: Net Operating Income (NOI) of $243,704.40 at full occupancy. Gross annual income of approximately $303,000 at current occupancy.
    High Occupancy Rate: Currently 95.8% occupied with only one vacant unit.
    Portfolio of 24 Units: Includes a mix of unit types across three properties.
    Recent Capital Improvements: Significant upgrades completed since 2017.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Six-Unit Multifamily Building
    Six-Unit Multifamily Building

    3207 Briggs St, Kill Devil Hills, NC 27948

    $1,225,000
    3,558 sqft

    Two-story, commercial-zoned property with established multifamily use and an adjacent parcel included.

    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.

    View details
    8-Unit Condo Complex with Ocean Views
    8-Unit Condo Complex with Ocean Views

    1711 Bobby Lee Trail 1711, Kill Devil Hills, NC 27948

    $1,850,000

    Eight condo units with ocean views, with multiple units renovated within the last year.

    View details
    Apartment Community in Growing City
    Apartment Community in Growing City

    1000 Meridian Obici Way, Suffolk, VA 23434

    Contact for pricing

    Class A apartment community in Virginia's rapidly growing Suffolk.

    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

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

    Roanoke Ave, Elizabeth City, NC 27909

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

    1202 Carolina Ave, Elizabeth City, NC 27909-5419

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

    305 Church St, Elizabeth City, NC 27909-4849

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

    Walker Ave, Elizabeth City, NC 27909

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

    Walker St, Elizabeth City, NC 27909

    Value Estimation by Request
    6.56 AC lot
    View details
    110 Mcmorrine St
    HIGH-RISE APARTMENTS

    110 Mcmorrine St, Elizabeth City, NC 27909-4436

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

    1221 Riverside Ave, Elizabeth City, NC 27909

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

    1206 Parkview Dr, Elizabeth City, NC 27909-6068

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

    Russell Ln, Elizabeth City, NC 27909

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

    1499 Hoffler St, Elizabeth City, NC 27909-4932

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

    280 Carver St, Elizabeth City, NC 27909

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

    111 Cameron Dr, Elizabeth City, NC 27909-8912

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

    Mcmorrine St, Elizabeth City, NC 27909

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

    1108 Weeks St, Elizabeth City, NC 27909-4671

    $105,000
    Estimated value
    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
    $115,000
    Estimated value
    0.03 AC lot
    View details
    5 Raleigh St
    HIGH-RISE APARTMENTS

    5 Raleigh St, Elizabeth City, NC 27909

    Value Estimation by Request
    1.42 AC lot
    View details
    1110 Park St
    HIGH-RISE APARTMENTS

    1110 Park St, Elizabeth City, NC 27909-6148

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

    413 Massachusetts Ave, Elizabeth City, NC 27909-5987

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

    Walker Ave, Elizabeth City, NC 27909

    Value Estimation by Request
    10.00 AC lot
    View details
    Walkers Ave
    GARDEN APT, COURT APT (5+ UNITS)

    Walkers Ave, Elizabeth City, NC 27909

    Value Estimation 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

    Value Estimation 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 $2,695,827.

    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 $1.8M

    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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