Duplex with an EXCELLENT rental history! 100% occupancy and solid tenants! Located on a gorgeous corner lot, it makes dividing the usage much easier. The cap rate on this property is just over 7%, leaving plenty of meat on the bone for any investor!
**Seller is participating in a 1031 Exchange, at no cost to Buyer. Please include this language in your offer, and have Sellers name listed with ''&/or Assigns''.
Buyer is aware that seller intends to perform an IRS Section 1031 tax-deferred exchange . Seller requests buyers cooperation in such an exchange and agrees to hold Buyer harmless from any and all costs, claims, liabilities or delays in time resulting from such an exchange. Buyer agrees to an assignment of this contract to TowneBank, a qualified Intermediary of the Seller.
Sold for $137,000
$137,000
113 E Cypress Street, Elizabeth City, NC 27909
4beds
2baths
1,974sqft
Duplex
Built in 1930
-- sqft lot
$187,900 Zestimate®
$69/sqft
$1,182 Estimated rent
Home value
$187,900
$154,000 - $222,000
$1,182/mo
Zestimate® history
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$1,182/mo
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$866/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Lisa Brown 757-619-8064,
Inner Banks Real Estate Group, Inc.
Bought with:
Jennifer Berry, 292424
Taylor Mueller Realty, Inc.
Source: Hive MLS,MLS#: 100468385
Originating MLS: Albemarle Area Association of REALTORS
Originating MLS: Albemarle Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Oven, Refrigerator
- Laundry: Dryer Hookup, Washer Hookup, Hookup - Dryer
Features
- None
- Flooring: Vinyl, Wood
- Basement: None
- Attic: Access Only
- Has fireplace: No
Interior area
- Total structure area: 1,974
- Total interior livable area: 1,974 sqft
Property
Parking
- Parking features: Shared Driveway, Unpaved
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Exterior features: None
- Fencing: None
- Waterfront features: None
Lot
- Size: 4,792 Square Feet
- Dimensions: 40' x 128' x 39' x 173'
- Features: Corner Lot
Details
- Parcel number: 891420816571
- Zoning: R-6
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl Siding, Wood Frame
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: County Sewer
- Water: County Water
- Utilities for property: Sewer Connected, Water Connected
Green energy
- Green verification: None
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Elizabeth City
Financial & listing details
- Price per square foot: $69/sqft
- Tax assessed value: $116,700
- Annual tax amount: $1,403
- Date on market: 1/2/2025
- Cumulative days on market: 183 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2025 | Sold | $137,000-8.6%$69/sqft |
Source:  Hive MLS #100468385 Report a problem | ||
| 3/28/2025 | Pending sale | $149,900$76/sqft |
Source: Hive MLS #100468385 Report a problem | ||
| 1/2/2025 | Listed for sale | $149,900-9.2%$76/sqft |
Source: Hive MLS #100468385 Report a problem | ||
| 9/30/2024 | Listing removed | $165,000$84/sqft |
Source: Hive MLS #100468385 Report a problem | ||
| 9/27/2024 | Listed for sale | $165,000+617.4%$84/sqft |
Source: Hive MLS #100468385 Report a problem | ||
| 12/4/2018 | Sold | $23,000-7.6%$12/sqft |
Source: Hive MLS #892844 Report a problem | ||
| 11/2/2018 | Pending sale | $24,900$13/sqft |
Source: Howard Hanna - Elizabeth City #92844 Report a problem | ||
| 10/29/2018 | Listed for sale | $24,900-84.9%$13/sqft |
Source: Howard Hanna William E. Wood/Eliz City #92844 Report a problem | ||
| 12/22/2010 | Sold | $165,000$84/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $116,700 |
| 2023 | $1,736 | $116,700 |
| 2022 | $1,736 +23.7% | $116,700 +63.2% |
| 2021 | $1,404 | $71,500 |
| 2020 | -- | $71,500 |
| 2019 | -- | $71,500 |
| 2018 | -- | $71,500 |
| 2017 | -- | $71,500 |
| 2016 | -- | $71,500 |
| 2014 | -- | $71,500 -38.7% |
| 2013 | -- | $116,700 |
| 2012 | -- | $116,700 |
| 2010 | -- | $116,700 |
Find assessor info on the county website
Neighborhood: 27909
Nearby homes
- $151,7003 bd2 ba1.5k sqft111 E Cypress St, Elizabeth City, NC 27909Off Market
- $115,7004 bd1 ba2.1k sqft201 E Cypress St, Elizabeth City, NC 27909Off Market
- $129,3003 bd1 ba1.5k sqft109 E Cypress St, Elizabeth City, NC 27909Off Market
- $142,0004 bd2 ba1.7k sqft107 E Cypress St, Elizabeth City, NC 27909Off Market
- $186,9002 bd1 ba1.6k sqft108 E Cypress St, Elizabeth City, NC 27909Off Market
- $47,3003 bd2 ba1.5k sqft203 E Cypress St, Elizabeth City, NC 27909Off Market
- $129,3003 bd1 ba1k sqft200 E Cypress St, Elizabeth City, NC 27909Off Market
- $350,0005 bd2 ba2.6k sqft106 E Burgess St, Elizabeth City, NC 27909Sold
Nearby schools
GreatSchools rating
- 3/10Sheep-Harney ElementaryGrades: PK-5Distance: 0.2 mi
- 7/10Elizabeth City MiddleGrades: 6-8Distance: 5.2 mi
- 3/10Pasquotank County HighGrades: 9-12Distance: 5.1 mi
Schools provided by the listing agent
- Elementary: Sheep-Harney Elementary
- Middle: Elizabeth City Middle School
- High: Pasquotank High School
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$187,900
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$191,658
- North Carolina
- Pasquotank County
- Elizabeth City
- 27909
- 113 E Cypress Street
Nearby cities
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