Just Listed
Address
505 E Elizabeth Street, Selma, NC
Price
$ 219,900
Property Attributes
- MLS#10195124
- TypeMulti-Family
- Listing Status Active
- CountyJohnston
- CitySelma
- NeighborhoodNot in a Subdivision
- Zip27576
- StyleRanch
- Year Built1981
- Price$ 219,900
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1736
- Lot Size0.25 Acres
Data Source:
Triangle MLS (TMLS)
Property Description
Investor Opportunity in Selma, NC! This income-producing duplex offers an attractive opportunity for an investor looking to add a tenant-occupied property to their portfolio. Both 2-bedroom, 1-bath units are currently leased, providing an established rental history from day one, and the existing property management company is already in place should the new owner choose to continue with the current arrangement for a seamless transition. Each unit has its own separate entrance and driveway, providing privacy and convenience for tenants. Unit A features a combination of carpet and laminate flooring, while Unit B offers continuous LVP flooring throughout. Both units also enjoy access to a rear patio, attached storage room and a wooded buffer that provides additional privacy. Conveniently located near downtown Selma, shopping, dining, major highways and the Selma-Smithfield Amtrak station, this property offers both an established tenant base and a convenient location for renters. A solid opportunity for investors seeking an income-producing duplex with tenants and property management already in place.
| Price History | |
|---|---|
| 9/26/2026 | Listed $219,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric,Heat Pump |
| Cooling | Central Air,Heat Pump |
| Roof | Shingle |
| Appliances | Electric Range,Electric Water Heater,Refrigerator |
| Zoning | RES |
| Patio/Porch Features | Patio |
| Architectural Style | Ranch |
| Construction Materials | Brick Veneer,Vinyl Siding |
| Year Built | 1981 |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Duplex |
| County | Johnston |
| New Construction | false |
| Property Type | Residential Income |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Not in a Subdivision |
| Full Baths | 2 |
| Status | Active |
| City | Selma |
| Open Parking Spaces | 4 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 10890 |
| Tax Annual Amount | 1954.71 |
| Ok to Lease | 12 Months |
| Structure Type | Duplex |
| Standard Status | Active |
Interior Features
| Flooring | Carpet,Laminate,Luxury Vinyl |
|---|---|
| Common Walls | 1 Common Wall |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Above Grade Finished Area | 1736 |
| Laundry Features | In Kitchen,Laundry Closet,Main Level |
| Total Bedrooms | 4 |
| Above Grade Finished Area Source | Assessor |
| Total Baths | 2 |
Exterior Features
| Parking Features | Driveway |
|---|---|
| Lot Features | Back Yard,Front Yard |
| Water Source | Public |
| Lot Size Area | 0.25 |
| Foundation Details | Slab |
| Building Area Total | 1736 |
| Lot Size Acres | 0.25 |
| Road Surface Type | Paved |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 27576
Price
Year Built
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214 N Guthrie Avenue A B C
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- Size
- 3,975 SqFt
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Just Listed
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$ 514,000
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- Multi-Family
- Size
- 3,005 SqFt
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- 8 Beds + 5 Baths
Durham
$ 550,000
311 Lyric Street
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- Type
- Multi-Family
- Size
- 2,510 SqFt
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Wendell
$ 595,000
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Durham
$ 415,000
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- 2,200 SqFt
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Chapel Hill
$ 395,000
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- 1,800 SqFt
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Durham
$ 525,000
1000 Broad Street
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- 2,449 SqFt
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Durham
$ 564,900
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- Type
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- 2,098 SqFt
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Selma
$ 319,900
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- Type
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- Size
- 1,658 SqFt
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Clayton
$ 1,300,000
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- Type
- Multi-Family
- Size
- 1,400 SqFt
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Angier
$ 240,000
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- Type
- Multi-Family
- Size
- 660 SqFt
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- 2 Beds + 1 Baths
