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12-Unit Apartment Complex
New
For Sale
$1,950,000

123 Brayhall Road, Edenton, NC 27932

Residential Income, Edenton, NC

Property Size9,000 SF
Lot Size1.82 Acres
Price / SF$216.67
Days on Market5

Property Features for 123 Brayhall Road

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning A1
Bedrooms 16
Bathrooms 12
Full bathrooms 12
Rooms Bedroom 10, Bathroom 3, Bedroom 1, Bedroom 9, Bathroom 11, Bedroom 12, Bedroom 6, Bathroom 1, Bathroom 9, Bedroom 16, Bedroom 14, Bathroom 6, Bedroom 5, Bathroom 4, Bathroom 2, Bedroom 7, Bathroom 12, Bathroom 8, Bathroom 10, Bathroom 5, Bedroom 3, Bedroom 11, Bedroom 13, Bedroom 2, Bedroom 4, Bedroom 8, Bathroom 7, Bedroom 15
Parking features Off Street
Patio and Porch features Deck, Patio
Interior features Ceiling Fan(s)
Exterior features Balcony, Cluster Mailboxes
Appliances Electric Oven, Washer, Refrigerator, Range, Dryer
Subdivision Small Tract
Lot features Open Lot
Elementary school White Oak/D F Walker
Middle school Chowan Middle School
High school John A. Holmes High
Directions Hwy 32N/Virginia Rd to Brayhall Rd
Standard status Active
APN 689600767766
Size 9,000 SF
Lot size 1.82 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Lot 2, I-Max Subd
Tax Annual Amount 4303
Legal Description Lot 2, I-Max Subd

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Forced Air
Cooling system Ceiling Fan(s), Window Unit(s), Wall/Window Unit(s)

Amenities

patio/balcony
cluster mailboxes
laundry closet

Building Details

Year built 1995
Floors in Building 2
Number of units 3
Building materials Vinyl Siding, Wood Frame
Roof type Metal
Listing Agency: Cindy Twiddy Realty, Inc.
Listed By: Cindy Twiddy · License #174255
Added: Sep 30 Changed: Oct 3 Last Checked: Oct 4 at 6:06PM
MLS# 100608107

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.

This 12-unit apartment property comprises three 3,000-square-foot buildings on 1.82 acres. One building contains four one-bedroom apartments; each of the other two has two one-bedroom and two two-bedroom apartments. Units include a kitchen, living room, full bathroom, laundry closet, and wall heating and air-conditioning unit. Eight apartments have a rear patio or balcony, and parking is provided at two spaces per unit.

Electricity is separately metered by apartment, while water and internet are shared. The property is less than five minutes from Historic Edenton, where shopping, dining, and a public waterfront park are available. Zoning is A1.

Key Highlights

  • 12 apartments across three 3,000‑square‑foot buildings
  • 1.82‑acre property with 9,000 square feet of building area
  • Unit mix includes eight one‑bedroom and four two‑bedroom apartments

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Big Box & Wholesale Store Spa & Massage Center Electronics & Wireless Store Car Rental Facility

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

12
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 27932, NC

11,930
Population
6,550
Households
1.8
Avg Household Size
49
Median Age
25%
College-Educated
87%
High-School Grad
130.4 sq mi
ZIP Area
91
Density / Sq Mi
$54,962
Median Household Income
$31,782
Median Earnings
$790
Median Rent
$206,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Three residential buildings offer a mix of one- and two-bedroom apartments with individual electric meters.
Where is this apartment building located?
The property is located at 123 Brayhall Road Edenton, NC.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 12 apartments across three 3,000‑square‑foot buildings; 1.82‑acre property with 9,000 square feet of building area; Unit mix includes eight one‑bedroom and four two‑bedroom apartments
More about this property
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