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Elizabeth City, NC

Apartment Building

Elizabeth City, NC Apartment Buildings for Sale

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Camden, NC South Mills, NC Hertford, NC

Elizabeth City Multifamily Investment Opportunity

Updated: Feb 3

Elizabeth City Multifamily Investment Opportunity

1005 Raleigh Street, Elizabeth City, NC 27909

$2,695,827

21,500 sqft · 2.86 AC lot

24‑unit multi‑family portfolio with approx. 21,500 sq ft total building area across 1005 Raleigh St., 1110 Park St., and 0000 Park St.
Unit mix: all units have 2 bedrooms; 1 or 1.5 bathrooms; several one‑story units offer handicap accessibility.
Current occupancy is 95.8% (1 vacant unit); vacant unit is listed at $1,250/month; current rents range from $1,000-$1,300/month.
Income metrics provided: NOI at full occupancy is $243,704.40 and projected full‑occupancy gross income is approx. $324,600.
Recent/improved building systems: three roofs replaced in past 3‑4 years with 30‑year architectural shingles; encapsulation of all quadplexes at 1110 Park St.; addition of dehumidifiers.

Waterfront Condos with Deeded Boat Slips

Updated: Apr 11, 2025

Waterfront Condos with Deeded Boat Slips

301/302 S Water Street, Elizabeth City, NC 27909

$949,000

3,618 sqft

On the Pasquotank River with deeded boat slips
Rooftop decks with 360‑degree downtown views from the top deck and condos
Elevator access and located on the third floor
Year built 1994; brick, brick/stone, and wood frame construction
Central air and multiple heating options including forced air, heat pump, and electric

Renovated Mixed-Use Property For Sale

Renovated Mixed-Use Property For Sale

606 E Fearing St, Elizabeth City, NC 27909

$735,000

3,414 sqft

Downtown Elizabeth City commercial and residential units, fully renovated in 2022.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Multi-Family Apartment Complex Portfolio

Multi-Family Apartment Complex Portfolio

1005 Raleigh St, Elizabeth City, NC 27909

$2,695,827

21,500 sqft

Well-maintained 24-unit apartment complex with high occupancy rate.

Based on your search, we've compiled 47 Potential Opportunities for your consideration. Besides 4 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Multifamily Apartment Building

Multifamily Apartment Building

915 W 26th Street, Norfolk, VA 23517

$699,000

5,867 sqft · 0.13 AC lot

Apartment building offered for sale with consideration for owner financing and a connected parcel for potential future development.

Mixed-Use Building with Retail and Residences

Mixed-Use Building with Retail and Residences

5010 Princess Anne Road E, Norfolk, VA 23502

$1,949,800

17,500 sqft · 0.45 AC lot

Mixed-use property with fully occupied retail and residential space, including offices, offered for sale as-is.

Beach Area Multifamily Investment Opportunity

Beach Area Multifamily Investment Opportunity

414 19th St, Virginia Beach, VA 23451

$2,000,000

Eight-unit apartment building near the ocean in Short-Term Rental Overlay.

Mixed-Use Town Center Development

Mixed-Use Town Center Development

222 Central Park Ave, Virginia Beach, VA 23462

Contact for pricing

Town Center in Virginia Beach anchors a dense live-work-play market with hotels, residences, and major daily employment.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Central Business Zoned Development Land

Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000

0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

Land Near Shepherd University

Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000

3.70 AC lot

Prime land near Shepherd University with development potential.

Brooklyn Two-Family Home with Development Potential

Brooklyn Two-Family Home with Development Potential

69 Martense Street, Brooklyn, NY 11226

$1,888,888

2,660 sqft · 0.10 AC lot

Two-family home on a large lot with significant development potential.

Greenville Development Opportunity: 1.33 Acres

Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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.

GARDEN APT, COURT APT (5+ UNITS)

3 Walker Ave, Elizabeth City, NC 27909

$15,500,000

Estimated value

11.90 AC lot

GARDEN APT, COURT APT (5+ UNITS)

Roanoke Ave, Elizabeth City, NC 27909

$15,500,000

Estimated value

3.56 AC lot

1202 Carolina Ave

GARDEN APT, COURT APT (5+ UNITS)

1202 Carolina Ave, Elizabeth City, NC 27909-5419

Value Estimation by Request

0.25 AC lot

GARDEN APT, COURT APT (5+ UNITS)

305 Church St, Elizabeth City, NC 27909-4849

Value Estimation by Request

0.46 AC lot

GARDEN APT, COURT APT (5+ UNITS)

Walker Ave, Elizabeth City, NC 27909

$5,675,000

Estimated value

3.44 AC lot

GARDEN APT, COURT APT (5+ UNITS)

Walker St, Elizabeth City, NC 27909

Value Estimation by Request

6.56 AC lot

110 Mcmorrine St

HIGH-RISE APARTMENTS

110 Mcmorrine St, Elizabeth City, NC 27909-4436

$3,285,000

Estimated value

0.44 AC lot

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

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

GARDEN APT, COURT APT (5+ UNITS)

Russell Ln, Elizabeth City, NC 27909

$1,400,000

Estimated value

9.75 AC lot

1499 Hoffler St

GARDEN APT, COURT APT (5+ UNITS)

1499 Hoffler St, Elizabeth City, NC 27909-4932

Value Estimation by Request

1.20 AC lot

GARDEN APT, COURT APT (5+ UNITS)

280 Carver St, Elizabeth City, NC 27909

Value Estimation by Request

0.74 AC lot

GARDEN APT, COURT APT (5+ UNITS)

111 Cameron Dr, Elizabeth City, NC 27909-8912

$1,275,000

Estimated value

4.99 AC lot

GARDEN APT, COURT APT (5+ UNITS)

Mcmorrine St, Elizabeth City, NC 27909

Value Estimation by Request

0.12 AC lot

GARDEN APT, COURT APT (5+ UNITS)

1108 Weeks St, Elizabeth City, NC 27909-4671

Value Estimation by Request

0.26 AC lot

110 Water St Sta, Unit A

GARDEN APT, COURT APT (5+ UNITS)

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

Unit A

Value Estimation by Request

0.03 AC lot

HIGH-RISE APARTMENTS

5 Raleigh St, Elizabeth City, NC 27909

Value Estimation by Request

1.42 AC lot

HIGH-RISE APARTMENTS

1110 Park St, Elizabeth City, NC 27909-6148

Value Estimation by Request

0.89 AC lot

413 Massachusetts Ave

GARDEN APT, COURT APT (5+ UNITS)

413 Massachusetts Ave, Elizabeth City, NC 27909-5987

Value Estimation by Request

3,680 sqft · 0.16 AC lot

GARDEN APT, COURT APT (5+ UNITS)

Walker Ave, Elizabeth City, NC 27909

Value Estimation by Request

10.00 AC lot

Elizabeth City, NC Apartment Buildings Market Trends and Statistics

Explore 39 apartment buildings for sale in Elizabeth City, NC, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 50,032 square feet of properties for sale, with an estimated market value of $7,075,654.

Sale prices for two-family homes in Elizabeth City, NC start at $735,000, averaging $1,768,913, and reaching up to $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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