Residential Income

Elizabeth City, NC Residential Income Properties for Sale

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9 properties
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Downtown Mixed-Use Property
Updated: Jun 1
Downtown Mixed-Use Property

104 W Main Street, Elizabeth City, NC 27909

$650,000
3,466 sqft 0.16 AC lot
3,466‑square‑foot mixed‑use property on 0.16 acres
Main‑level restaurant includes seating for 48 guests
Second floor currently operates as short‑term rental accommodation
Third floor offers additional living or development space
City CB zoning in downtown Elizabeth City
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24-Unit Apartment Complex
Updated: Feb 3
24-Unit Apartment Complex

1005 Raleigh Street, Elizabeth City, NC 27909

$2,695,827
21,500 sqft 2.86 AC lot
24 units across three properties totaling approximately 21,500 square feet
95.8% occupied, with one vacant unit
2.86 acres with four quadplexes, one duplex, and one six‑unit building
AD zoning may allow additional units subject to City site plan and planning approval
Three roofs replaced within the past 3‑4 years with 30‑year architectural shingles
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Renovated Mixed-Use Property
Renovated Mixed-Use Property

606 & 610 E Fearing Street, Elizabeth City, NC 27909

$735,000
3,393 sqft 0.06 AC lot

Combines three upstairs apartments with a ground-floor retail suite in downtown Elizabeth City.

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Multi-Family Apartment Complex Portfolio
Multi-Family Apartment Complex Portfolio

1005 Raleigh St, Elizabeth City, NC 27909

Contact for pricing
21,500 sqft

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

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Partially Renovated Multifamily Property
Partially Renovated Multifamily Property

305 S Road Street, Elizabeth City, NC 27909

$850,000
0.29 AC lot

Renovation is underway for private one- and two-bedroom living spaces with individual entrances and parking.

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Duplex Income Property
Duplex Income Property

305 Speed Street, Elizabeth City, NC 27909

$275,000
2,458 sqft 0.31 AC lot

For-sale duplex with 0.307 acres and approximately 2,458 square feet, zoned R-6 in Elizabeth City.

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Riverfront Residential Income Property
Riverfront Residential Income Property

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

$799,800
3,618 sqft

Top-floor residences include elevator access, rooftop decks, and deeded boat slips.

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Mixed-Use Commercial Building
Mixed-Use Commercial Building

305 S RD ST, Elizabeth City, NC 27909

Contact for pricing

Commercial building with CB zoning and a 1960 construction date.

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Duplex with Six Bedrooms
Duplex with Six Bedrooms

303 Speed Street, Elizabeth City, NC 27909

$275,000
2,458 sqft 0.31 AC lot

Two-unit residential property with four bathrooms, off-street parking, and public water service.

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Based on your search, we've compiled 58 Potential Opportunities for your consideration. Besides 9 Active listings in Elizabeth City, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 41 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Occupied Mobile Home Park
Occupied Mobile Home Park

213/215 E Albemarle Street, Edenton, NC 27932

$450,000
7,562 sqft 0.67 AC lot

Income-producing residential property with multiple dwellings, tenant parking, public water, and R5 zoning.

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Commercial Sale, Edenton, NC
Commercial Sale, Edenton, NC

101 Benbury Drive, Edenton, NC 27932

$3,225,000
5,081 sqft 6.88 AC lot

Single family properties · 5,081 SF

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Short-Term Rental Park Model RV
Short-Term Rental Park Model RV

3665 Sandpiper Road, Virginia Beach, VA 23454

$225,000

One-bedroom coastal accommodation with a covered deck and access to extensive resort recreation facilities.

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North Bay Shore Campground
North Bay Shore Campground

3257 Colechester Rd, Virginia Beach, VA 23456

Contact for pricing

Virginia Beach campground for sale at $40,000 per unit.

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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.

Riverside Vacant Lot in Elizabeth
Riverside Vacant Lot in Elizabeth

1009 Rivershore Road lot: Parcel 2, Elizabeth City, NC 27909

$110,000
0.34 AC lot

Vacant lot in desirable waterfront community near downtown Elizabeth.

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Land Near ECSU and USCG
Land Near ECSU and USCG

Halstead Boulevard, Elizabeth City, NC 27909

$75,000
0.71 AC lot

Commercial land available near ECSU and USCG Base.

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Land Near ECSU and USCG
Land Near ECSU and USCG

Halstead Boulevard, Elizabeth City, NC 27909

$75,000
0.64 AC lot

Residential land near ECSU and USCG Base in Elizabeth City.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

130 E Rich Boulevard lot: 39, Elizabeth City, NC 27909

$550,000
5.01 AC lot

Commercial tract with public water availability, off-site stormwater retention, and a Flood Zone X designation.

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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.

3 Walker Ave
GARDEN APT, COURT APT (5+ UNITS)

3 Walker Ave, Elizabeth City, NC 27909

$14,700,000
Estimated value
11.90 AC lot
View details
Roanoke Ave
GARDEN APT, COURT APT (5+ UNITS)

Roanoke Ave, Elizabeth City, NC 27909

$14,700,000
Estimated value
3.56 AC lot
View details
1202 Carolina Ave
GARDEN APT, COURT APT (5+ UNITS)

1202 Carolina Ave, Elizabeth City, NC 27909-5419

$370,000
Estimated value
0.25 AC lot
View details
305 Church St
GARDEN APT, COURT APT (5+ UNITS)

305 Church St, Elizabeth City, NC 27909-4849

$165,000
Estimated value
0.46 AC lot
View details
1129 Horseshoe Rd
BOARDING/ROOMING HOUSE

1129 Horseshoe Rd, Elizabeth City, NC 27909-8507

$485,000
Estimated value
1.03 AC lot
View details
Walker Ave
GARDEN APT, COURT APT (5+ UNITS)

Walker Ave, Elizabeth City, NC 27909

$5,675,000
Estimated value
3.44 AC lot
View details
Walker St
GARDEN APT, COURT APT (5+ UNITS)

Walker St, Elizabeth City, NC 27909

Value Estimation by Request
6.56 AC lot
View details
110 Mcmorrine St
HIGH-RISE APARTMENTS

110 Mcmorrine St, Elizabeth City, NC 27909-4436

$3,575,000
Estimated value
0.44 AC lot
View details
311 Church St
BOARDING/ROOMING HOUSE

311 Church St, Elizabeth City, NC 27909-4719

$555,000
Estimated value
4,504 sqft 0.58 AC lot
View details
1221 Riverside Ave
GARDEN APT, COURT APT (5+ UNITS)

1221 Riverside Ave, Elizabeth City, NC 27909

$2,110,000
Estimated value
2.35 AC lot
View details
1206 Parkview Dr
GARDEN APT, COURT APT (5+ UNITS)

1206 Parkview Dr, Elizabeth City, NC 27909-6068

$685,000
Estimated value
1.73 AC lot
View details
Russell Ln
GARDEN APT, COURT APT (5+ UNITS)

Russell Ln, Elizabeth City, NC 27909

$1,400,000
Estimated value
9.75 AC lot
View details
108 Fearing St
BOARDING/ROOMING HOUSE

108 Fearing St, Elizabeth City, NC 27909-4814

$295,000
Estimated value
2,537 sqft 0.18 AC lot
View details
1499 Hoffler St
GARDEN APT, COURT APT (5+ UNITS)

1499 Hoffler St, Elizabeth City, NC 27909-4932

$515,000
Estimated value
1.20 AC lot
View details
280 Carver St
GARDEN APT, COURT APT (5+ UNITS)

280 Carver St, Elizabeth City, NC 27909

$260,000
Estimated value
0.74 AC lot
View details

Elizabeth City, NC Residential Income Properties Market Trends and Statistics

Explore 50 residential income properties for sale in Elizabeth City, NC, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 58,393 square feet of properties for sale, with an estimated market value of $6,280,627.

Sale prices for residential income properties in Elizabeth City, NC start at $275,000, averaging $897,232, 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

Commercial property segments ranked by active listings on the market

Multifamily properties 8
Duplexes 3
Apartment buildings 2
Quadplexes 1
Short term rental properties 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 $969K

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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