$325,000

703 1st St Elizabeth City, NC 27909

$3,859
Closing credit¹
5 beds
3 baths
2,672 sqft
0.2 acres
$122 / sqft
Multi-Family

Property details

About 703 1st St

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.

Highlights

Home typeTriplex
HeatingForced Air
StatusAccepting Backup Offers
(Pending with Showings)
CoolingCentral Air, Wall/Window Unit(s)
Size2,672 sqft
Lot size0.17 Acres
Year built1900
ParkingDetached,Street Only,On Site
MLS #100500455
Garage1 space

Summary

  • Interior: Apt/Suite
  • Fireplace: None
  • Total Bedroom Count: 5
  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached,Street Only,On Site
  • Heating: Forced Air
  • Cooling: Central Air, Wall/Window Unit(s)
  • List Price: $325,000
  • Price/SqFt: $121
  • Annual Tax Amount: $15,410
  • Tax Year: 2023
  • Directions: Fom E Elizabeth St, turn right on N Poindexter St, turn left on to E Cypress St, turn right onto 1st, house will be on left. Sign in yard.
  • Year Built: 1900
  • Stories: 2
  • Living Area: 2,672 SqFt
  • Lot Size: 0.17 Acres
  • MLS Number: 100500455
  • Office Name: Water Street Real Estate Group

IDX Copyright 2025 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with covered porch and a front lawn

$325,000

703 1st St

$3,859

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 26, 2021
Home Sold
$80,000

Tax history

YearAssessmentProperty Tax
2023$88,700$15,410
2022$88,700$15,410
2021$60,100$1,375
2020$60,100$-
2019$60,100$-
2018$60,100$-
2017$60,100$-

History based on county public records data.

Nearby schools

8

Sheep-Harney Elementary School

Public District PK-5

0.3 mi

200 W Elizabeth St

4

J C Sawyer Elementary School

Public District KG-5

1.1 mi

1007 Park St

5

P W Moore Elementary School

Public District KG-5

1.2 mi

606 Roanoke Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,352. The majority of Elizabeth City, NC residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

37%
<35k
58%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

43%
Single, No Kids
19%
Single, with Kids
22%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
7%
12-17 yrs old
32%
18-34 yrs old
36%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

This home is located at 703 1st St in Elizabeth City, NC and zip code 27909 in the Northside neighborhood. This 2,672 square foot home, which was built in 1900, sits on a 0.17 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $325,000.

While more than 8 listings in Elizabeth City, NC in April 2025 were sold above asking price, there were more than 19 listings sold at asking price, and more than 16 were sold below. In April 2025 in Elizabeth City, NC there were 19.4% more homes for sale than in March. Listings spent 50 days on the market in April 2025, and had a median list price of $304,250 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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