Quadplex

Elizabeth City, NC Quadplexes for Sale

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Multifamily Apartment Complex
Updated: Feb 3
Multifamily Apartment Complex

1005 Raleigh Street, Elizabeth City, NC 27909

$2,695,827
21,500 sqft 2.86 AC lot
24‑unit apartment portfolio across three properties
Approximately 21,500 square feet on 2.86 acres
95.8% occupied with a 9% cap rate
Three roofs replaced within the past 3–4 years with 30‑year architectural shingles
14 HVAC units replaced, including 7 since 2017
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Well-Maintained Apartment Complex
Updated: Jul 21
Well-Maintained Apartment Complex

1005 Raleigh St, Elizabeth City, NC 27909

$2,695,827
21,500 sqft
24‑unit portfolio totaling approximately 21,500 square feet
95.8% occupied with one vacant unit
Three properties at 1005 Raleigh St., 1110 Park St., and 0000 Park St.
Three roofs replaced within the past 3‑4 years with 30‑year architectural shingles
14 HVAC units replaced, including 7 since 2017
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Elizabeth City, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Renovated 4-Unit Quadplex
Renovated 4-Unit Quadplex

1601 Elm Avenue, Portsmouth, VA 23704

$599,999
3,800 sqft

All four residences are occupied, with tenants responsible for their utility costs.

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Individually Metered Quadplex
Individually Metered Quadplex

410 W 28th Street, Norfolk, VA 23508

$675,000
3,700 sqft

The four residences are configured in an over-under layout.

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Waterfront Quadplex with Docks
Waterfront Quadplex with Docks

765 48th Street, Norfolk, VA 23508

$1,600,000
3,810 sqft

Creek access, dock improvements, and a finished basement expand the property's functional features.

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Rehabilitated Quadplex
Rehabilitated Quadplex

1601 Elm Ave, Portsmouth, VA 23704

$599,999
3,800 sqft

Fully leased four-unit property with tenant-paid utilities and updated interior finishes.

View details

Elizabeth City, NC Quadplexes Market Trends and Statistics

Explore 2 quadplexes for sale in Elizabeth City, NC on our real estate platform. These investment opportunities span a total of 43,000 square feet of properties for sale, with an estimated market value of $5,391,654.

Sale prices for four-unit buildings in Elizabeth City, NC average $2,695,827 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2
Quadplexes 2
Short term rental properties 2
Duplexes 1
Triplexes 1

Demographics Overview

Population 41K
Population Growth (5Y) +3.5%
Median Household Income $64,039
College Educated 12.0%

High-Yield Neighborhoods for Investment

Identify Elizabeth City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
27909 $2.7M

Taxes & Financing

Tax Rate (average for all types) 4.71%
Property Tax per SF $17.52 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Pasquotank County

New Delisted

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