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Renovated Historic Duplex
For Sale
$399,000

723 & 725 N Market Street, Washington, NC 27889

Residential Income, Washington, NC

Property Size2,219 SF
Lot Size0.13 Acres
Price / SF$179.81
Days on Market128

Property Features for 723 & 725 N Market Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 2, Bathroom 1, Bathroom 4, Bedroom 1
Parking features Paved or Surfaced, Off Street
Window features Storm Window(s)
Patio and Porch features Porch
Interior features Wash/Dry Connect, Kitchen Island, Walk-in Shower, Blinds/Shades, Eat-in Kitchen
Appliances Vented Exhaust Fan, Electric Oven, Dishwasher, Tankless Water Heater
Subdivision Not In Subdivision
Lot features Corner Lot
Elementary school Eastern Elementary School
Middle school P. S. Jones
High school Washington
Directions From US 17 turn right on 5th street then left on market street home is on the right.
Standard status Active
APN 44160
Size 2,219 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 1 LOT 725 N MARKET STREET
Tax Annual Amount 1176
Legal Description 1 LOT 725 N MARKET STREET

Utilities

Heating system Heat Pump (Heating), Natural Gas
Cooling system Multi Units, Central Air, Heat Pump
Water source Public

Amenities

screened rear porches
detached shed

Building Details

Year built 1930
Floors in Building 2
Number of units 2
Flooring type Lvt/lvp
Building materials Fiber Cement, Wood Frame
Roof type Metal
Listing Agency: Keller Williams Crystal Coast · Keller Williams Realty
Listed By: Milton Ross Gould · License #297367
Added: Apr 25 Changed: Aug 29 Last Checked: Aug 30 at 6:06AM
MLS# 100569655

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Built in 1930 and extensively rebuilt, this 2,219-square-foot duplex contains two separately configured residences with open living, kitchen, and dining areas. Improvements include LVP flooring, tile walk-in showers, tankless water heaters, a metal roof, and new HVAC systems. Both units have screened rear porches, while the property also provides a detached shed and paved off-street parking. One residence has three upstairs bedrooms, two full bathrooms, and an upstairs laundry nook. The second offers two bedrooms on the main level, two full bathrooms, and laundry incorporated into one bathroom. The property is served by public water and carries R zoning.

Located at 723 & 725 N Market Street in Washington, the duplex is described as a 15-minute walk from the downtown waterfront and Main Street. Nearby context includes galleries, seasonal festivals, marinas, shops, and everyday conveniences. The 0.13-acre site combines residential layout flexibility with proximity to Washington’s riverside activity.

Key Highlights

  • 2,219‑square‑foot duplex on a 0.13‑acre site
  • Originally built in 1930 and extensively renovated
  • One unit has 3 bedrooms; the other has 2 bedrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Carpet & Flooring Store Catering Service Kitchen & Bath Showroom Plumbing Service Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

935
Businesses Nearby

Demographics for 27889, NC

26,054
Population
12,956
Households
2
Avg Household Size
45
Median Age
21%
College-Educated
87%
High-School Grad
176.1 sq mi
ZIP Area
148
Density / Sq Mi
$52,694
Median Household Income
$36,058
Median Earnings
$847
Median Rent
$184,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two distinct residences offer updated systems, private outdoor areas, and off-street parking near Washington’s waterfront district.
Where is this duplex located?
The property is located at 723 & 725 N Market Street Washington, NC.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2,219‑square‑foot duplex on a 0.13‑acre site; Originally built in 1930 and extensively renovated; One unit has 3 bedrooms; the other has 2 bedrooms
More about this property
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