723 & 725 N Market Street Washington, NC $ 450,000
723 & 725 N Market Street
$ 450,000
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723 & 725 N Market Street

Washington, NC, 27889
$ 450,000
Bedrooms5 Baths4.0 Sq 2,219

Monthly Estimate*

$ 2,771

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Multi-Family Home for sale in Washington, NC

for $450,000 with 5 bedrooms and 4 full baths. This 2,219 square foot home was built in 1930 on a lot size of 0.13.

Fully renovated, historic 1930 duplex in the heart of Washington, NC--a turnkey opportunity for investors or owner-occupants just a pleasant 15-minute walk from the scenic downtown waterfront and Main Street. Taken down to the studs and thoughtfully restored, both units feature open-concept living, kitchen, and dining spaces, durable LVP flooring, screened rear porches, tile walk-in showers, dedicated tankless water heaters, a new metal roof, and brand-new HVAC systems. One side offers three bedrooms (all upstairs), two full baths, and an upstairs laundry nook; the other is a single-level plan with two bedrooms on the primary level, two full baths (one with the laundry area), and easy access to outdoor space. Move-in ready and designed to perform--limited modern hotel options in Washington make short-term rentals attractive; with typical Airbnb rates around $160-$200/night, each unit could generate conservatively $30,000 annually at 50% occupancy, providing strong income potential or the chance for an owner-occupant to live in one unit while the other covers expenses. BnB projections and comps available. Additional benefits include a detached shed and off-street parking. Situated near Washington's vibrant riverside scene with galleries, seasonal festivals, marinas, shops, and everyday conveniences--plus local legend Bill's Hot Dogs--this updated duplex blends smart renovation, reliable systems, and solid market appeal; schedule a showing before it's gone.

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Multi-Family Active

Price

$ 450,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,175

Style

Duplex

Lot Size

0.13

Year Built

1930

Town/City

Washington

County/Region

Beaufort

MLS | Web ID

100569655

Features
Interior
Interior Amenities Wash/Dry Connect Kitchen Island Walk-in Shower Blinds/Shades Eat-in Kitchen
Basement None
Flooring LVT/LVP
Furnished Y/N Unfurnished
Water Heater Natural Gas Tankless
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Storm Window(s)
Fireplace Y/N N
Laundry Features Dryer Hookup Washer Hookup
Total Bedrooms 5
Room Type Dining Area
Total Baths 4
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General
Heating Heat Pump Natural Gas
Cooling Central Air Heat Pump Multi Units
Utilities Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow At Closing
Roof Metal
Appliances Vented Exhaust Fan Electric Oven Dishwasher Tankless Water Heater
Zoning R
Patio/Porch Features Covered Porch Screened Rear Porch
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Fiber Cement Wood Frame
Year Built 1930
View See Remarks
Levels Two
Property Subtype Duplex
Tax Year 2025
Taxes 1175.52
Parcel Number 44160
Waterfront Features None
Accessibility None
County Beaufort
Operating Expense 0.0
New Construction N
Property Type Residential Income
In City Limits? (Y/N) Y
Association Amenities None
HOA N
Attached Garage N
Subdivision Name Not In Subdivision
Garage Y/N N
Status Active
Directions From US 17 turn right on 5th street then left on market street home is on the right.
High School Washington
City Washington
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 5663.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Eastern Elementary School
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School P. S. Jones
Lease Considered Y/N N
Virtual Tour https://www.zillow.com/view-imx/38a0e6c9-538a-4273-ad6c-d36650500c77?wl=true&setAttribution=mls&initialViewType=pano
Structure Type Wood Frame
Standard Status Active
Tax Assessed Value 126399
Legal Description 1 LOT 725 N MARKET STREET
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Exterior
Exterior Finish Fiber Cement
Fencing None
Parking Features Off Street On Site Unpaved
Lot Features Corner Lot
Water Source Public
Total Parking 0.0
Lot Size Area 0.13
Foundation Details Brick/Mortar Block Crawl Space
Spa N
Building Area Total 2219
Lot Dimensions Irregular
Lot Size Acres 0.13
Road Surface Type Paved
Frontage Type See Remarks
Waterfront Y/N N
Road Frontage Type City Street State Road Paved
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 723725
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* Excluded Features
List By
Milton Ross Gould

Listing Agent

Keller Williams Crystal Coast

Broker

rossgould@kw.com

Email

Affordability Calculator

$2,869
Per Month
97%
3%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$98
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4735962 Elementary School
4736246 Middle School
Washington High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2026$450,000 Listed Price

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723 & 725 N Market Street, Washington, NC, 27889 is a Multi-Family Home for sale at $450,000 with 2,219 sqft and a lot size of 0.13. 723 & 725 N Market Street has 5 bedrooms, 4.0 baths, and was built in 1930. The property's zip code is 27889 which is in Washington, NC