Elizabeth City, NC Multifamily properties for sale

Meticulously Maintained Duplex with Garage

$399,900

2,028 SF

Meticulously Maintained Duplex with Garage

108 Hawthorne Dr, Elizabeth City, NC 27909

Duplex with separate utilities, new roof, and detached garage.

Expansive 28x42 detached garage with two vehicle bays, ample storage, and a second level that can be finished.
Immediate income potential from long‑term tenant in Unit B.
Separate utility metering for each unit.
Roof and gutters are less than five years old.
Convenient location with easy commute to Coast Guard Base and Virginia, and minutes from downtown.

Updated: Jan 29

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Elizabeth City Multifamily Investment Opportunity

$2,695,827

21,500 SF

Elizabeth City Multifamily Investment Opportunity

1005 Raleigh St, Elizabeth City, NC 27909

Well-maintained 24-unit apartment complex with high occupancy and income potential.

High 9% Cap Rate with $243,704.40 NOI at Full Occupancy
24 Units with a mix of one and two‑story apartments, including handicap accessible units
Significant capital improvements completed: roof replacements, encapsulation, and HVAC upgrades
Currently 95.8% Occupied with strong rental income ($303,000 Gross Annual Income)
Units ranging from 800‑900 sqft with 2 bedrooms and 1‑1.5 bathrooms

Updated: Feb 3

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$329,900

3,680 SF

Elizabeth City Multifamily Investment Opportunity

Four units, each with two beds and one bath.

413 Massachusetts Ave, Elizabeth City, NC 27909

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Pending

$180,000

1,728 SF

Elizabeth City Duplex Investment

Income-producing duplex near waterfront and downtown Elizabeth City.

314 Culpepper St, Elizabeth City, NC 27909

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$275,000

2,458 SF

Elizabeth City Multifamily Property

Multifamily property for sale in Elizabeth City, North Carolina.

305 Speed St, Elizabeth City, NC 27909

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$275,000

2,458 SF

Multifamily Property in Elizabeth City

Multifamily property for sale, all units currently occupied.

303 Speed St, Elizabeth City, NC 27909

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Waterfront Condos with Deeded Boat Slips

$949,000

3,618 SF

Waterfront Condos with Deeded Boat Slips

Unique waterfront condos with boat slips and rooftop decks.

301/302 S Water St, Elizabeth City, NC 27909

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Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$399,900

3,713 SF

Versatile Triplex in Historic Edenton

Triplex with income potential near Edenton's waterfront.

113 Mexico Rd, Edenton, NC 27932

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$545,000

2,700 SF

Renovated Triplex in Historic District

Turnkey triplex in Edenton's historic downtown with income potential.

207 S Oakum St, Edenton, NC 27932

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$200,000

Interior RV Lot with Water Views

Large RV lot with water views and resort-style amenities.

3665 Sandpiper Rd, Virginia Beach, VA 23456

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$200,000

Interior RV Lot with Amenities

Large RV lot with water views and resort-style amenities.

3665 Sandpiper Rd, Virginia Beach, VA 23456

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Land with Development Potential

$750,000

53.50 Acres

Waterfront Land with Development Potential

53.5-acre Elizabeth City waterfront property with development possibilities.

Driftwood Dr, Elizabeth City, NC 27909

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Explore Off-Market Properties in Elizabeth City, NC

Consider similar Off-Market properties in Elizabeth City, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Roanoke Ave

GARDEN APT, COURT APT (5+ UNITS) • 3.56 Acres

Value Estimation

$15,500,000

Roanoke Ave, Elizabeth City, NC 27909

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1213 Shiloh St

GARDEN APT, COURT APT (5+ UNITS) • 26.90 Acres

Value Estimation by Request

1213 Shiloh St, Elizabeth City, NC 27909-5825

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110 Water St Sta, Unit A

GARDEN APT, COURT APT (5+ UNITS) • 0.03 Acres

Value Estimation by Request

110 Water St Sta, Elizabeth City, NC 27909-4483

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5 Raleigh St

HIGH-RISE APARTMENTS • 1.42 Acres

Value Estimation by Request

5 Raleigh St, Elizabeth City, NC 27909

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1206 Parkview Dr

GARDEN APT, COURT APT (5+ UNITS) • 1.73 Acres

Value Estimation

$685,000

1206 Parkview Dr, Elizabeth City, NC 27909-6068

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Herrington Vlg

GARDEN APT, COURT APT (5+ UNITS) • 9.29 Acres

Value Estimation by Request

Herrington Vlg, Elizabeth City, NC 27909

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280 Carver St

GARDEN APT, COURT APT (5+ UNITS) • 0.74 Acres

Value Estimation by Request

280 Carver St, Elizabeth City, NC 27909

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Russell Ln

GARDEN APT, COURT APT (5+ UNITS) • 9.75 Acres

Value Estimation

$1,400,000

Russell Ln, Elizabeth City, NC 27909

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1937 Rd St

BOARDING/ROOMING HOUSE • 2,598 SF

Value Estimation by Request

1937 Rd St, Elizabeth City, NC 27909-9360

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110 Mcmorrine St

HIGH-RISE APARTMENTS • 0.44 Acres

Value Estimation

$3,285,000

110 Mcmorrine St, Elizabeth City, NC 27909-4436

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Walker St

GARDEN APT, COURT APT (5+ UNITS) • 6.56 Acres

Value Estimation by Request

Walker St, Elizabeth City, NC 27909

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111 Cameron Dr

GARDEN APT, COURT APT (5+ UNITS) • 4.99 Acres

Value Estimation

$1,275,000

111 Cameron Dr, Elizabeth City, NC 27909-8912

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413 Massachusetts Ave

GARDEN APT, COURT APT (5+ UNITS) • 3,680 SF

Value Estimation by Request

413 Massachusetts Ave, Elizabeth City, NC 27909-5987

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1499 Hoffler St

GARDEN APT, COURT APT (5+ UNITS) • 1.20 Acres

Value Estimation by Request

1499 Hoffler St, Elizabeth City, NC 27909-4932

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Halstead Blvd

HIGH-RISE APARTMENTS • 8.16 Acres

Value Estimation by Request

Halstead Blvd, Elizabeth City, NC 27909

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311 Church St

BOARDING/ROOMING HOUSE • 4,504 SF

Value Estimation

$510,000

311 Church St, Elizabeth City, NC 27909-4719

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305 Church St

GARDEN APT, COURT APT (5+ UNITS) • 0.46 Acres

Value Estimation by Request

305 Church St, Elizabeth City, NC 27909-4849

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Elizabeth City, NC Multifamily Properties Investment Opportunities Market Analysis

Explore 48 multifamily properties for sale in Elizabeth City, NC, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 1,697,750 square feet of properties for sale, with an estimated market value of $48,174,800.

Sale prices for multifamily properties in Elizabeth City, NC start at $105,000, averaging $1,926,992, and reaching up to $14,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Elizabeth City, NC Multifamily Properties for Sale

Meticulously Maintained Duplex with Garage

Duplex with separate utilities, new roof, and detached garage.

Elizabeth City Multifamily Investment Opportunity

Well-maintained 24-unit apartment complex with high occupancy and income potential.