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    305 Speed St Elizabeth City, NC 27909

    New
    For Sale
    $275,000

    MULTI_FAMILY - Elizabeth City, NC

    Property size:
    2,458 SF
    Lot size:
    0.31 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 7 at 8:06 pm

    Property Features for 305 Speed St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    R-6
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 5
    Bedrooms
    6
    Bathrooms
    4
    APN
    891308777538
    Parking features
    Off Street
    Patio and Porch features
    Porch
    Interior features
    Kitchen Island, Ceiling Fan(s)
    Appliances
    Refrigerator, Range
    Size
    2,458 SF
    Lot size
    0.31 Acres

    Utilities

    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    2003
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Lvt/lvp
    Building materials
    Vinyl Siding
    Roof type
    Shingle

    IBX Realty LLC (252) 303-3006

    Listing agent Gene Tick (252) 202-7973 License #306646

    Listing date Dec 5, 2025

    MLS# 100529702 Listing URL

    Copyright © 2025 HIVE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elizabeth City Multifamily Property

    A multifamily property located in Elizabeth City, North Carolina, is available for sale. The property, situated on a 0.31-acre lot, encompasses a total area of 2,458 square feet. The zoning is R-6. All units are presently occupied with leases in place. Note that 303 Speed Street is also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth City
    County
    Pasquotank
    State
    North Carolina
    Longitude
    -76.224988
    Latitude
    36.294686

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    FAQs

    What type of property is this?
    Duplex - Multifamily property for sale in Elizabeth City, North Carolina.
    Where is this duplex located?
    The property is located at 305 Speed St Elizabeth City, NC.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Income-producing property with existing leases in place; - Includes essential appliances: Refrigerator and Range; - Features efficient heating and cooling with a Heat Pump
    (252) 202-7973
    Request Owner's contact information
    305 Speed St Elizabeth City, NC 27909
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    305 Speed St Elizabeth City, NC 27909
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