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Sold for $197,000
  • Zestimate®
    $197,000

    505 E Elizabeth St, Selma, NC 27576

    4beds
    1,736sqft
    Duplex
    Built in 1981
    -- sqft lot
    $197,000 Zestimate®
    $113/sqft
    $1,370 Estimated rent

    Home value

    $197,000

    $187,000 - $207,000

    $1,370/mo

    Zestimate® history
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    $1,370/mo

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    What's special

    Continuous lvp flooring throughoutAttached storage roomCarpet and laminate flooringSeparate entrance and driveway
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Meredith Hilbert 919-418-6507,

    Howard Hanna Allen Tate Wake Forest/Rolesville

    Bought with:

    Tammy Register, 210961

    eXp Realty, LLC - C

    Source: Doorify MLS,MLS#: 10195124MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Electric Range, Electric Water Heater, Refrigerator
    • Laundry: Laundry Closet, In Kitchen, Main Level
    Features
    • Flooring: Carpet, Laminate, Luxury Vinyl
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,736
    • Total interior livable area: 1,736 sqft
    • Finished area above ground: 1,736
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway
    • Uncovered spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    Lot
    • Size: 0.25 Acres
    • Features: Back Yard, Front Yard
    Details
    • Parcel number: 14015036
    • Zoning: RES
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Brick Veneer, Vinyl Siding
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Selma

    Financial & listing details

    • Price per square foot: $113/sqft
    • Tax assessed value: $176,100
    • Annual tax amount: $1,954
    • Date on market: 9/26/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Lease term: 12 Months
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/30/2026Sold$197,000-10.4%$113/sqft
    Source: Doorify MLS #10195124 Report a problem
    10/2/2026Pending sale$219,900$127/sqft
    Source: Doorify MLS #10195124 Report a problem
    9/26/2026Listed for sale$219,900+49.1%$127/sqft
    Source: Doorify MLS #10195124 Report a problem
    1/22/2021Sold$147,500-1.6%$85/sqft
    Source: Doorify MLS #2344694 Report a problem
    1/14/2021Pending sale$149,900$86/sqft
    Source: Keller Williams #2344694 Report a problem
    1/5/2021Contingent$149,900$86/sqft
    Source: Doorify MLS #2344694 Report a problem
    11/25/2020Pending sale$149,900$86/sqft
    Source: KW Realty Platinum #2344694 Report a problem
    11/23/2020Listed for sale$149,900$86/sqft
    Source: KW Realty Platinum #2344694 Report a problem
    10/1/2020Pending sale$149,900$86/sqft
    Source: KW Realty Platinum #2344694 Report a problem
    9/24/2020Listed for sale$149,900$86/sqft
    Source: Keller Williams Realty Platinum #2344694 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 27576

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $197,000

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $197,000