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Historic District Duplex
New
For Sale
$353,000

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

Residential Income, Washington, NC

Property Size2,200 SF
Lot Size0.13 Acres
Price / SF$160.45
Days on Market5

Property Features for 406-408 E 2nd Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 4, Bathroom 3
Parking features On Street
Window features Storm Window(s)
Patio and Porch features Deck, Porch
Interior features Ceiling Fan(s)
Exterior features Storm Doors
Appliances Built-In Electric Oven, Washer, Refrigerator, Dryer, Dishwasher
Subdivision Historic District
Lot features Interior Lot
Elementary school Washington
Middle school P.S. Jones Middle School
High school Washington High School
Directions 2nd St. going west. Duplex property on right.
Standard status Active
APN 45101
Size 2,200 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 1 Lot 406-408 East 2nd Street
Tax Annual Amount 2978
Legal Description 1 Lot 406-408 East 2nd Street

Utilities

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

Amenities

covered front porch
washer/dryer
fireplace
original hardwood floors
good storage
screened porch
deck

Building Details

Year built 1940
Floors in Building 2
Number of units 2
Flooring type Carpet, Tile, Wood
Building materials Wood Siding, Wood Frame
Roof type Metal
Listing Agency: Coldwell Banker Sea Coast Advantage - Washington
Listed By: Alexis Davis · License #277771
Added: Sep 30 Last Checked: Oct 4 at 9:06AM
MLS# 100607129

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 1940, this duplex contains 2,200 square feet across two mirrored units on a 0.13-acre parcel. Each residence has two bedrooms and two bathrooms, a fireplace, original hardwood floors, a washer and dryer, and storage. Covered front porches, screened porches, and decks provide additional outdoor space. Central air and heat pumps serve the property, which also features a metal roof and wood-frame construction with wood siding.

The property is in Washington’s Historic Harbor District, with shops, galleries, restaurants, coffee shops, breweries, and waterfront dining in the surrounding area. One unit is vacant; the other is occupied. Zoning is R.

Key Highlights

  • Duplex built in 1940 with 2,200 square feet on a 0.13‑acre parcel
  • Two mirrored units, each with 2 bedrooms, 2 bathrooms, a fireplace, and laundry appliances
  • Covered front porch, screened porch, and deck at each unit

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two mirrored residences offer covered entries, screened outdoor space, and separate rental or owner-occupant possibilities.
Where is this duplex located?
The property is located at 406-408 E 2nd Street 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: Duplex built in 1940 with 2,200 square feet on a 0.13‑acre parcel; Two mirrored units, each with 2 bedrooms, 2 bathrooms, a fireplace, and laundry appliances; Covered front porch, screened porch, and deck at each unit
More about this property
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