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

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    Camden, NC Shawboro, NC Hertford, NC
    Elizabeth City Multifamily Investment Opportunity
    $2,695,827
    21,500 SF

    Elizabeth City Multifamily Investment Opportunity

    1005 Raleigh Street, Elizabeth City, NC 27909

    Well-maintained apartment complex with 24 units and high occupancy.

    • High 9% Cap Rate: Provides a strong return on investment.
    • Significant Capital Improvements: Recent roof replacements, encapsulation, HVAC upgrades, and interior renovations minimize immediate maintenance concerns.
    • High Occupancy Rate: Currently 95.8% occupied, indicating strong tenant demand and consistent income.
    • Strong Income Potential: Generates approximately $309,600 in gross annual income, with projected gross income of $324,600 at full occupancy.
    • Multi‑Family Portfolio: Includes 24 units across three properties, offering diversification and scale.
    Updated: Feb 3
    View details
    Waterfront Condos with Deeded Boat Slips
    $949,000
    3,618 SF

    Waterfront Condos with Deeded Boat Slips

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

    Unique waterfront condos with deeded boat slips and rooftop decks.

    • Located downtown on the Pasquotank River
    • 360‑degree views of downtown Elizabeth City and the Pasquotank River
    • Deeded boat slips
    • Elevator access to the entire top floor
    • Rooftop decks
    Updated: Apr 11, 2025
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    Renovated Mixed-Use Property For Sale
    $735,000
    3,414 SF

    Renovated Mixed-Use Property For Sale

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

    606 E Fearing St, Elizabeth City, NC 27909
    View details
    Multi-Family Apartment Complex Portfolio
    $2,695,827
    21,500 SF

    Multi-Family Apartment Complex Portfolio

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

    1005 Raleigh St, Elizabeth City, NC 27909
    View details
    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.

    Mixed-Use Property Near Downtown Norfolk
    $435,000
    4,000 SF

    Mixed-Use Property Near Downtown Norfolk

    Fully rented mixed-use property with commercial and residential spaces.

    1300 Bainbridge Boulevard, Chesapeake, VA 23324
    View details
    Brick Apartment Building Value-Add Opportunity
    $925,000
    9,536 SF

    Brick Apartment Building Value-Add Opportunity

    12-unit brick apartment building with value-add potential in Norfolk.

    516-522 Dinwiddie St, Norfolk, VA 23523
    View details
    Mixed-Use Development in Downtown Norfolk
    Contact for pricing
    50,000 SF

    Mixed-Use Development in Downtown Norfolk

    Vibrant mixed-use property with retail, apartments, and parking.

    440 Monticello Ave, Norfolk, VA 23510
    View details
    Luxury Multifamily Community in Chesapeake
    Contact for pricing

    Luxury Multifamily Community in Chesapeake

    Luxury multifamily community in Chesapeake's Edinburgh neighborhood, offering immediate scale.

    236 Red Knot Way, Chesapeake, VA 23322
    View details

    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.

    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
    View details
    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres

    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215
    View details
    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    2,660 SF

    Brooklyn Two-Family Home with Development Potential

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

    69 Martense Street, Brooklyn, NY 11226
    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres

    Greenville Development Opportunity: 1.33 Acres

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

    71 Salters Road, Greenville, SC 29607
    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

    3 Walker Ave

    GARDEN APT, COURT APT (5+ UNITS) • 11.90 Acres
    Value Estimation
    $15,500,000
    3 Walker Ave, Elizabeth City, NC 27909
    View details
    Roanoke Ave

    Roanoke Ave

    GARDEN APT, COURT APT (5+ UNITS) • 3.56 Acres
    Value Estimation
    $15,500,000
    Roanoke Ave, Elizabeth City, NC 27909
    View details
    1202 Carolina Ave

    1202 Carolina Ave

    GARDEN APT, COURT APT (5+ UNITS) • 0.25 Acres
    Value Estimation by Request
    1202 Carolina Ave, Elizabeth City, NC 27909-5419
    View details
    305 Church St

    305 Church St

    GARDEN APT, COURT APT (5+ UNITS) • 0.46 Acres
    Value Estimation by Request
    305 Church St, Elizabeth City, NC 27909-4849
    View details
    Walker Ave

    Walker Ave

    GARDEN APT, COURT APT (5+ UNITS) • 3.44 Acres
    Value Estimation
    $5,675,000
    Walker Ave, Elizabeth City, NC 27909
    View details
    Walker St

    Walker St

    GARDEN APT, COURT APT (5+ UNITS) • 6.56 Acres
    Value Estimation by Request
    Walker St, Elizabeth City, NC 27909
    View details
    110 Mcmorrine St

    110 Mcmorrine St

    HIGH-RISE APARTMENTS • 0.44 Acres
    Value Estimation
    $3,285,000
    110 Mcmorrine St, Elizabeth City, NC 27909-4436
    View details
    1221 Riverside Ave

    1221 Riverside Ave

    GARDEN APT, COURT APT (5+ UNITS) • 2.35 Acres
    Value Estimation
    $2,110,000
    1221 Riverside Ave, Elizabeth City, NC 27909
    View details
    1206 Parkview Dr

    1206 Parkview Dr

    GARDEN APT, COURT APT (5+ UNITS) • 1.73 Acres
    Value Estimation
    $685,000
    1206 Parkview Dr, Elizabeth City, NC 27909-6068
    View details
    Russell Ln

    Russell Ln

    GARDEN APT, COURT APT (5+ UNITS) • 9.75 Acres
    Value Estimation
    $1,400,000
    Russell Ln, Elizabeth City, NC 27909
    View details
    1499 Hoffler St

    1499 Hoffler St

    GARDEN APT, COURT APT (5+ UNITS) • 1.20 Acres
    Value Estimation by Request
    1499 Hoffler St, Elizabeth City, NC 27909-4932
    View details
    280 Carver St

    280 Carver St

    GARDEN APT, COURT APT (5+ UNITS) • 0.74 Acres
    Value Estimation by Request
    280 Carver St, Elizabeth City, NC 27909
    View details
    111 Cameron Dr

    111 Cameron Dr

    GARDEN APT, COURT APT (5+ UNITS) • 4.99 Acres
    Value Estimation
    $1,275,000
    111 Cameron Dr, Elizabeth City, NC 27909-8912
    View details
    Mcmorrine St

    Mcmorrine St

    GARDEN APT, COURT APT (5+ UNITS) • 0.12 Acres
    Value Estimation by Request
    Mcmorrine St, Elizabeth City, NC 27909
    View details
    1108 Weeks St

    1108 Weeks St

    GARDEN APT, COURT APT (5+ UNITS) • 0.26 Acres
    Value Estimation by Request
    1108 Weeks St, Elizabeth City, NC 27909-4671
    View details
    110 Water St Sta, Unit A

    110 Water St Sta, Unit A

    GARDEN APT, COURT APT (5+ UNITS) • 0.03 Acres
    Value Estimation by Request
    110 Water St Sta, Elizabeth City, NC 27909-4483
    View details
    5 Raleigh St

    5 Raleigh St

    HIGH-RISE APARTMENTS • 1.42 Acres
    Value Estimation by Request
    5 Raleigh St, Elizabeth City, NC 27909
    View details
    1110 Park St

    1110 Park St

    HIGH-RISE APARTMENTS • 0.89 Acres
    Value Estimation by Request
    1110 Park St, Elizabeth City, NC 27909-6148
    View details
    413 Massachusetts Ave

    413 Massachusetts Ave

    GARDEN APT, COURT APT (5+ UNITS) • 3,680 SF
    Value Estimation by Request
    413 Massachusetts Ave, Elizabeth City, NC 27909-5987
    View details
    Walker Ave

    Walker Ave

    GARDEN APT, COURT APT (5+ UNITS) • 10.00 Acres
    Value Estimation by Request
    Walker Ave, Elizabeth City, NC 27909
    View details

    Elizabeth City, NC Apartment Buildings Investment Opportunities Market Analysis

    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 Strategic Investment

    Identify Elizabeth City submarkets with the highest inventory density on the market and evaluate the median 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 sq ft
    Average Loan-to-Value 65.0%

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