Don't miss this rare opportunity to own a triplex in the heart of downtown Elizabeth City! This well-maintained property features three separate units: two 1-bedroom, 1-bath apartments on the first floor, and a spacious 3-bedroom, 1-bath apartment upstairs. With a long-standing rental history and thoughtful care over the years, this property is perfect for investors looking for an income-producing opportunity.
The home sits on a generous lot with a detached garage and a large, open yard — offering plenty of outdoor space for tenants or future possibilities. Apartment C is being sold fully furnished, adding immediate value for short-term or long-term rental potential.
Located just one block from the Pasquotank River, tenants will enjoy easy access to downtown dining, shopping, and waterfront activities. Recent updates include fresh flooring, paint, and bathroom renovations throughout the units.
Whether you're expanding your rental portfolio or looking to live in one unit and rent the others, this is a versatile investment in a charming, growing community.
Sold for $325,000 on 06/04/25
$325,000
703 1st Street, Elizabeth City, NC 27909
5beds
3baths
2,672sqft
Triplex
Built in 1900
-- sqft lot
$326,600 Zestimate®
$122/sqft
$1,610 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 05, 2025 at 07:04am
Listed by:
Heather And Company 252-435-7111,
Water Street Real Estate Group
Bought with:
Heather And Company, 292551
Water Street Real Estate Group
Source: Hive MLS,MLS#: 100500455
Originating MLS: Albemarle Area Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Laundry: In Hall, Laundry Closet
Features
- Apt/Suite
- Attic: Access Only,Attic Fan
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,672
- Total interior livable area: 2,672 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, On Site, On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Porch
- Fencing: Chain Link
Lot
- Size: 7,405 sqft
- Dimensions: 49 x 149 x 47 x 149
Details
- Parcel number: 891420915125
- Zoning: R-6
- Special conditions: In Foreclosure
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Vinyl Siding
- Foundation: Brick/Mortar, Crawl Space
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Sewer Available, Water Available
Community & neighborhood
Location
- Region: Elizabeth City
- Subdivision: None
Other
Other facts
- Listing agreement: Exclusive Right To Sell
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$326,600
2% more+$6,532
With Zillow Showcase(estimated)$333,132