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Duplex with Porches
New
For Sale
$353,000

406-408 E 2nd St, Washington, NC 27889

Each residence has two bedrooms, two bathrooms, a fireplace, and laundry equipment.

Property Size2,200 SF
Price / SF$160.45
Days on Market4

Property Features for 406-408 E 2nd St

General Information

Standard status Active
Size 2,200 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/2BA
Multifamily Units 2

Building Details

Year Built 1940
Buildings 1
Listing Agency: RE/MAX Ocean Properties
Listed By: Emily McAllister
Source: Emilysellsgreenvillenc
Added: Oct 1 Changed: Oct 3 Last Checked: Oct 2 at 8:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Ocean Properties

Investment Insights

Based on property information with market context.

This 1940 duplex contains 2,200 square feet across two mirrored residences. Each unit has two bedrooms and two bathrooms, a fireplace, washer and dryer, hardwood flooring, and storage. Covered front porches serve both units, with screened porch and deck space looking toward the backyard. One residence is vacant; the other is occupied and requires notice for viewing.

The property is in Washington’s Historic Harbor District, near shops, galleries, restaurants, coffee shops, and breweries. The district’s walkable setting also includes dining and rooftop venues with views toward the Pamlico River.

Key Highlights

  • 2,200‑square‑foot duplex built in 1940
  • Two mirrored units, each with 2 bedrooms and 2 bathrooms
  • Both residences include a fireplace, washer and dryer, and hardwood flooring

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Carpet & Flooring Store Computer & Electronic Repair Plumbing Service (Bike/Boat/Book/etc) Store HVAC Service Veterinary Clinic

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

817
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
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?
Duplex - Each residence has two bedrooms, two bathrooms, a fireplace, and laundry equipment.
Where is this duplex located?
The property is located at 406-408 E 2nd St Washington, NC.
What is the asking price?
The asking price for this property is $353,000.
What are key features of this property?
This property features: 2,200‑square‑foot duplex built in 1940; Two mirrored units, each with 2 bedrooms and 2 bathrooms; Both residences include a fireplace, washer and dryer, and hardwood flooring
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