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    Elizabeth City, NC Residential Income Properties for Sale

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    Camden, NC Shawboro, NC Hertford, NC
    6 results
    Elizabeth City Multifamily Investment Opportunity
    $2,695,827
    21,500 SF

    Elizabeth City Multifamily Investment Opportunity

    1005 Raleigh Street, Elizabeth City, NC 27909

    Well-maintained apartment complex with 24 units and high occupancy.

    • High 9% Cap Rate: Provides a strong return on investment.
    • Significant Capital Improvements: Recent roof replacements, encapsulation, HVAC upgrades, and interior renovations minimize immediate maintenance concerns.
    • High Occupancy Rate: Currently 95.8% occupied, indicating strong tenant demand and consistent income.
    • Strong Income Potential: Generates approximately $309,600 in gross annual income, with projected gross income of $324,600 at full occupancy.
    • Multi‑Family Portfolio: Includes 24 units across three properties, offering diversification and scale.
    Updated: Feb 3
    View details
    Elizabeth City Multifamily Investment Opportunity
    $275,000
    2,458 SF

    Elizabeth City Multifamily Investment Opportunity

    305 Speed Street, Elizabeth City, NC 27909

    Exceptional rental property with growth potential in Elizabeth City, NC.

    • Investment opportunity with growth potential.
    • 303 Speed Street is also available for purchase at the same price, offering double the investment opportunity.
    • Built in 2003.
    • Features a porch.
    • Includes essential appliances: Refrigerator and Range.
    Updated: Sep 9, 2025
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    Elizabeth City Multifamily Investment
    $275,000
    2,458 SF

    Elizabeth City Multifamily Investment

    Exceptional rental property with growth potential in Elizabeth City, NC.

    303 Speed Street, Elizabeth City, NC 27909
    View details
    Waterfront Condos with Deeded Boat Slips
    $949,000
    3,618 SF

    Waterfront Condos with Deeded Boat Slips

    Unique waterfront condos with deeded boat slips and rooftop decks.

    301/302 S Water Street, Elizabeth City, NC 27909
    View details
    Renovated Mixed-Use Property For Sale
    $735,000
    3,414 SF

    Renovated Mixed-Use Property For Sale

    Downtown Elizabeth City commercial and residential units, fully renovated in 2022.

    606 E Fearing St, Elizabeth City, NC 27909
    View details
    Multi-Family Apartment Complex Portfolio
    $2,695,827
    21,500 SF

    Multi-Family Apartment Complex Portfolio

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

    1005 Raleigh St, Elizabeth City, NC 27909
    View details
    Based on your search, we've compiled 55 Potential Opportunities for your consideration. Besides 6 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.

    RV Lot with Water Views
    $195,000

    RV Lot with Water Views

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

    3665 Sandpiper Road, Virginia Beach, VA 23456
    View details
    Updated Condo with Two Suites
    $320,000
    1,870 SF

    Updated Condo with Two Suites

    Updated condo featuring two primary suites and modern amenities.

    745 Lacy Oak Drive, Chesapeake, VA 23320
    View details
    Luxury Multifamily Community in Chesapeake
    Contact for pricing

    Luxury Multifamily Community in Chesapeake

    Luxury multifamily community in Chesapeake's Edinburgh neighborhood, offering immediate scale.

    236 Red Knot Way, Chesapeake, VA 23322
    View details
    North Bay Shore Campground
    $4,800,000

    North Bay Shore Campground

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

    3257 Colechester Rd, Virginia Beach, VA 23456
    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.

    Elizabeth City Land For Sale
    $38,900
    0.81 Acres

    Elizabeth City Land For Sale

    0.81 acre lot near downtown Elizabeth City and ECSU.

    Lavenstein Street, Elizabeth City, NC 27909
    View details
    Riverside Vacant Lot in Elizabeth
    $110,000
    0.34 Acres

    Riverside Vacant Lot in Elizabeth

    Vacant lot in desirable waterfront community near downtown Elizabeth.

    1009 Rivershore Road lot: Parcel 2, Elizabeth City, NC 27909
    View details
    Land Near ECSU and USCG
    $75,000
    0.71 Acres

    Land Near ECSU and USCG

    Commercial land available near ECSU and USCG Base.

    Halstead Boulevard, Elizabeth City, NC 27909
    View details
    Land Near ECSU and USCG
    $75,000
    0.64 Acres

    Land Near ECSU and USCG

    Residential land near ECSU and USCG Base in Elizabeth City.

    Halstead Boulevard, Elizabeth City, NC 27909
    View details

    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

    3 Walker Ave

    GARDEN APT, COURT APT (5+ UNITS) • 11.90 Acres
    Value Estimation
    $15,500,000
    3 Walker Ave, Elizabeth City, NC 27909
    View details
    Roanoke Ave

    Roanoke Ave

    GARDEN APT, COURT APT (5+ UNITS) • 3.56 Acres
    Value Estimation
    $15,500,000
    Roanoke Ave, Elizabeth City, NC 27909
    View details
    1202 Carolina Ave

    1202 Carolina Ave

    GARDEN APT, COURT APT (5+ UNITS) • 0.25 Acres
    Value Estimation by Request
    1202 Carolina Ave, Elizabeth City, NC 27909-5419
    View details
    305 Church St

    305 Church St

    GARDEN APT, COURT APT (5+ UNITS) • 0.46 Acres
    Value Estimation by Request
    305 Church St, Elizabeth City, NC 27909-4849
    View details
    1129 Horseshoe Rd

    1129 Horseshoe Rd

    BOARDING/ROOMING HOUSE • 1.03 Acres
    Value Estimation
    $515,000
    1129 Horseshoe Rd, Elizabeth City, NC 27909-8507
    View details
    Walker Ave

    Walker Ave

    GARDEN APT, COURT APT (5+ UNITS) • 3.44 Acres
    Value Estimation
    $5,675,000
    Walker Ave, Elizabeth City, NC 27909
    View details
    Walker St

    Walker St

    GARDEN APT, COURT APT (5+ UNITS) • 6.56 Acres
    Value Estimation by Request
    Walker St, Elizabeth City, NC 27909
    View details
    110 Mcmorrine St

    110 Mcmorrine St

    HIGH-RISE APARTMENTS • 0.44 Acres
    Value Estimation
    $3,285,000
    110 Mcmorrine St, Elizabeth City, NC 27909-4436
    View details
    311 Church St

    311 Church St

    BOARDING/ROOMING HOUSE • 4,504 SF
    Value Estimation
    $510,000
    311 Church St, Elizabeth City, NC 27909-4719
    View details
    1221 Riverside Ave

    1221 Riverside Ave

    GARDEN APT, COURT APT (5+ UNITS) • 2.35 Acres
    Value Estimation
    $2,110,000
    1221 Riverside Ave, Elizabeth City, NC 27909
    View details
    1206 Parkview Dr

    1206 Parkview Dr

    GARDEN APT, COURT APT (5+ UNITS) • 1.73 Acres
    Value Estimation
    $685,000
    1206 Parkview Dr, Elizabeth City, NC 27909-6068
    View details
    Russell Ln

    Russell Ln

    GARDEN APT, COURT APT (5+ UNITS) • 9.75 Acres
    Value Estimation
    $1,400,000
    Russell Ln, Elizabeth City, NC 27909
    View details
    108 Fearing St

    108 Fearing St

    BOARDING/ROOMING HOUSE • 2,537 SF
    Value Estimation by Request
    108 Fearing St, Elizabeth City, NC 27909-4814
    View details
    1499 Hoffler St

    1499 Hoffler St

    GARDEN APT, COURT APT (5+ UNITS) • 1.20 Acres
    Value Estimation by Request
    1499 Hoffler St, Elizabeth City, NC 27909-4932
    View details
    280 Carver St

    280 Carver St

    GARDEN APT, COURT APT (5+ UNITS) • 0.74 Acres
    Value Estimation by Request
    280 Carver St, Elizabeth City, NC 27909
    View details
    111 Cameron Dr

    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
    View details
    Mcmorrine St

    Mcmorrine St

    GARDEN APT, COURT APT (5+ UNITS) • 0.12 Acres
    Value Estimation by Request
    Mcmorrine St, Elizabeth City, NC 27909
    View details
    1108 Weeks St

    1108 Weeks St

    GARDEN APT, COURT APT (5+ UNITS) • 0.26 Acres
    Value Estimation by Request
    1108 Weeks St, Elizabeth City, NC 27909-4671
    View details

    Elizabeth City, NC Residential Income Properties Investment Opportunities Market Analysis

    Explore 47 residential income properties for sale in Elizabeth City, NC, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 54,948 square feet of properties for sale, with an estimated market value of $7,625,654.

    Sale prices for residential income properties in Elizabeth City, NC start at $275,000, averaging $1,270,942, 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.

    List
    Map

    Top Commercial Asset Segments

    Multifamily properties 6
    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 $1.3M

    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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