Elizabeth City, NC
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    Elizabeth City, NC Quadplexes for Sale

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    Camden, NC Shawboro, NC Hertford, NC
    Multi-Family Apartment Complex Portfolio
    $2,695,827
    21,500 SF

    Multi-Family Apartment Complex Portfolio

    1005 Raleigh St, Elizabeth City, NC 27909

    Well-maintained 24-unit apartment complex with high occupancy rate.

    • High Cap Rate: Enjoy a 9% cap rate based on NOI at full occupancy.
    • Strong Income Potential: Net Operating Income (NOI) of $243,704.40 at full occupancy. Gross annual income of approximately $303,000 at current occupancy.
    • High Occupancy Rate: Currently 95.8% occupied with only one vacant unit.
    • Portfolio of 24 Units: Includes a mix of unit types across three properties.
    • Recent Capital Improvements: Significant upgrades completed since 2017.
    Updated: Feb 4
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Waterfront Quad Multifamily Investment Opportunity
    $1,600,000
    3,810 SF

    Waterfront Quad Multifamily Investment Opportunity

    Unique waterfront quad with dock, ideal for investors/owner-occupants.

    765 48th Street, Norfolk, VA 23508
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    Turnkey Quad Investment Opportunity
    $600,000
    3,068 SF

    Turnkey Quad Investment Opportunity

    Fully occupied quadplex in Norfolk, VA, ready for investment.

    711 Easy Street, Norfolk, VA 23505
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    Rocky Mount Multifamily Investment Package
    $260,000
    2,280 SF

    Rocky Mount Multifamily Investment Package

    Two adjacent duplexes offered as a single investment package.

    642 Cleveland Street, Rocky Mount, NC 27803
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    Rocky Mount Multifamily Investment Opportunity
    $195,000
    1,224 SF

    Rocky Mount Multifamily Investment Opportunity

    Four units across two duplexes, immediate income and value-add potential.

    401 Dexter Street, Rocky Mount, NC 27803
    View details

    Elizabeth City, NC Quadplexes Investment Opportunities Market Analysis

    Explore 1 quadplexes for sale in Elizabeth City, NC on our real estate platform. These investment opportunities span a total of 21,500 square feet of properties for sale, with an estimated market value of $2,695,827.

    Sale prices for four-unit buildings in Elizabeth City, NC start at $2,695,827, averaging $2,695,827, and reaching up to $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

    Apartment buildings 4
    Duplexes 3
    Quadplexes 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

    Identify Elizabeth City submarkets with the highest inventory density on the market and evaluate the median 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 sq ft
    Average Loan-to-Value 65.0%

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