Residential Income

Elizabeth City, NC Residential Income Properties for Sale

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Found 7 residential income properties for sale in Elizabeth City, NC, averaging $163/sq ft. Use valuation data to compare deals faster.
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Downtown Mixed-Use Property
Updated: Jun 1
Downtown Mixed-Use Property

104 W Main Street, Elizabeth City, NC 27909

$599,000
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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Mixed-Use Property with Apartments
Updated: Feb 16
Mixed-Use Property with Apartments

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

$735,000
3,393 sqft 0.06 AC lot
Three 1‑bedroom, 1‑bathroom apartments measuring 612 sf, 692 sf, and 742 sf
1,213‑sf ground‑floor commercial suite with open retail area, small office, and restroom
Three‑year commercial lease expires June 30, 2029
Recorded condominium structure allows units to be sold individually
CB zoning
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Multifamily Conversion Opportunity
Multifamily Conversion Opportunity

305 S Road Street, Elizabeth City, NC 27909

$850,000
0.29 AC lot

Partially completed residential conversion with one- and two-bedroom layouts, private entrances, and designated parking.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Well-Maintained Apartment Complex
Well-Maintained Apartment Complex

1005 Raleigh St, Elizabeth City, NC 27909

$2,695,827
21,500 sqft

Twenty-four-unit multifamily portfolio with updated building systems, varied apartment layouts, and strong current occupancy.

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Multifamily Apartment Complex
Multifamily Apartment Complex

1005 Raleigh Street, Elizabeth City, NC 27909

$2,695,827
21,500 sqft 2.86 AC lot

Well-maintained apartment portfolio with updated building systems, varied floor plans, and strong occupancy.

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Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

104 W Main St, Elizabeth City, NC 27909

$599,000
3,466 sqft

Main-level restaurant space is paired with residential accommodations and a third-floor area for additional use.

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Mixed-Use Commercial Building
Mixed-Use Commercial Building

305 S Road St, Elizabeth City, NC 27909

$850,000

Commercial building with CB zoning and a 1960 construction date.

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Based on your search, we've compiled 56 Potential Opportunities for your consideration. Besides 7 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.

12-Unit Apartment Complex
12-Unit Apartment Complex

123 Brayhall Road, Edenton, NC 27932

$1,950,000
9,000 sqft 1.82 AC lot

Three residential buildings offer a mix of one- and two-bedroom apartments with individual electric meters.

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

101 Benbury Drive, Edenton, NC 27932

$2,875,000
5,081 sqft 6.88 AC lot

Single family properties · 5,081 SF

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LOTS/LAND, Poplar Branch, NC
LOTS/LAND, Poplar Branch, NC

160 Macedonia Church Road, Poplar Branch, NC 27947

$199,900
7.27 AC lot

Residential land & home lots · 7.27 Acres

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Land, Poplar Branch, NC
Land, Poplar Branch, NC

160 Macedonia Church Road, Poplar Branch, NC 27965

$199,900

Residential land & home lots

View details

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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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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Residential Lot in Elizabeth City
Residential Lot in Elizabeth City

Brookridge Drive, Elizabeth City, NC 27909

Contact for pricing
0.26 AC lot

Corner lot ready for building in established neighborhood.

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Wooded Lot with River View
Wooded Lot with River View

Dogwood Trail lot: 17, Elizabeth City, NC 27909

$70,000
0.92 AC lot

0.92 acre wooded lot with Pasquotank River view.

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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

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

Roanoke Ave, Elizabeth City, NC 27909

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

1202 Carolina Ave, Elizabeth City, NC 27909-5419

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

305 Church St, Elizabeth City, NC 27909-4849

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

1129 Horseshoe Rd, Elizabeth City, NC 27909-8507

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

Walker Ave, Elizabeth City, NC 27909

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

Walker St, Elizabeth City, NC 27909

Estimated value: by Request
6.56 AC lot
View details
110 Mcmorrine St
HIGH-RISE APARTMENTS

110 Mcmorrine St, Elizabeth City, NC 27909-4436

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

311 Church St, Elizabeth City, NC 27909-4719

Estimated value:
$555,000
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

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

1206 Parkview Dr, Elizabeth City, NC 27909-6068

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

Russell Ln, Elizabeth City, NC 27909

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

108 Fearing St, Elizabeth City, NC 27909-4814

Estimated value:
$295,000
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

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

280 Carver St, Elizabeth City, NC 27909

Estimated value:
$260,000
0.74 AC lot
View details
111 Cameron Dr
GARDEN APT, COURT APT (5+ UNITS)

111 Cameron Dr, Elizabeth City, NC 27909-8912

Estimated value:
$1,275,000
4.99 AC lot
View details
Mcmorrine St
GARDEN APT, COURT APT (5+ UNITS)

Mcmorrine St, Elizabeth City, NC 27909

Estimated value:
$420,000
0.12 AC lot
View details

Elizabeth City, NC Residential Income Properties Market Trends and Statistics

Explore 48 residential income properties for sale in Elizabeth City, NC, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 53,325 square feet of properties for sale, with an estimated market value of $9,024,654.

Sale prices for residential income properties in Elizabeth City, NC start at $599,000, averaging $1,289,236, 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 7
Apartment buildings 2
Quadplexes 2
Short term rental properties 2
Duplexes 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 $1.2M

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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