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Under contract
  • $289,000

    525 E 2nd Street #A&B, Washington, NC 27889

    4beds
    2,092sqft
    : 
    $1,851/mo
    Get pre-qualified
    Townhouse
    Built in 1947
    0.27 Acres Lot
    $283,200 Zestimate®
    $138/sqft
    $-- HOA

    What's special

    Original hardwood floorsExceptional utility storageLarge corner lotSelf-contained one-bedroom one-bathroom suiteCovered carportSpacious three-bedroom two-bathroom layoutPrivate porch access
    **Income Producing Opportunity!! New Roof August 2026** Welcome to a rare income-producing opportunity in historic downtown Washington, offering immediate cash-flow potential and multi-generational flexibility just blocks from the waterfront, local dining, and boutique shops. This single-level cottage-style property features two functional living units across a generous footprint on a large corner lot. The main residence offers a spacious three-bedroom, two-bathroom layout highlighted by original hardwood floors, a large main living area, a full kitchen, a covered carport, and private porch access, making it ideal for an owner-occupant or a full-sized rental. The secondary unit serves as a self-contained one-bedroom, one-bathroom suite complete with its own dedicated full kitchen, a cozy living room, and a bright sunroom, creating the perfect setup for a long-term tenant, short-term rental, or guest space. Whether you choose to live in the primary unit and let the secondary side offset your mortgage, or rent both sides to maximize your return in a growing coastal market, this versatile home combines classic charm, public utilities, and exceptional utility storage in an unbeatable location.
    31 days
    47
    0

    Zillow last checked:

    Listing updated:

    Listed by:

    Amanda Fulford 336-512-1389,

    eXp Realty

    Source: Hive MLS,MLS#: 100598197MLS LogoOriginating MLS: Coastal Plains Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Master Bedroom, Bedroom 1, Bedroom 2, Bedroom 3, Living Room, Dining Room
      Heating
      • Electric, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Gas Oven, Gas Cooktop, Refrigerator, Dishwasher
      Features
      • Master Downstairs
      • Flooring: Wood
      • Has fireplace: No
      Interior area
      • Total structure area: 2,092
      • Total interior livable area: 2,092 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Gravel, On Site, Attached Carport
      • Carport spaces: 2
      Features
      • Levels: One
      • Patio & porch: Porch, Screened
      • Fencing: None
      • Has view: Yes
      • View description: See Remarks
      • Frontage type: See Remarks
      Lot
      • Size: 0.27 Acres
      • Dimensions: 105 x 110 x 105 x 110
      Details
      • Parcel number: 42203
      • Zoning: R6
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Townhouse
      Materials
      • Asbestos, Wood Frame
      • Foundation: Crawl Space
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1947

      Utilities & green energy

      • Water: Public
      • Utilities for property: Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Not In Subdivision
      HOA
      • Has HOA: No
      • Amenities included: None
      Location
      • Region: Washington

      Financial & listing details

      • Price per square foot: $138/sqft
      • Tax assessed value: $272,573
      • Annual tax amount: $2,534
      • Date on market: 8/22/2026
      • Cumulative days on market: 31 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $283,200

        $269,000 - $297,000

        $2,276/mo

        Price history

        DateEventPrice
        9/4/2026Contingent$289,000$138/sqft
        Source: Hive MLS #100598197 Report a problem
        8/22/2026Listed for sale$289,000-6.8%$138/sqft
        Source: Hive MLS #100598197 Report a problem
        7/1/2025Listing removed$310,000$148/sqft
        Source: Hive MLS #100498488 Report a problem
        6/9/2025Price change$310,000-6%$148/sqft
        Source: Hive MLS #100498488 Report a problem
        5/20/2025Price change$329,900-8.1%$158/sqft
        Source: Hive MLS #100498488 Report a problem
        4/30/2025Price change$359,000-0.3%$172/sqft
        Source: Hive MLS #100498488 Report a problem
        4/21/2025Listed for sale$359,900$172/sqft
        Source: Hive MLS #100498488 Report a problem
        4/14/2025Pending sale$359,900$172/sqft
        Source: Hive MLS #100498488 Report a problem
        4/2/2025Listed for sale$359,900-34.6%$172/sqft
        Source: Hive MLS #100498488 Report a problem
        10/1/2022Listing removed--
        Source: Hive MLS #100319966 Report a problem
        5/26/2022Price change$550,000+57.2%$263/sqft
        Source: Hive MLS #100319966 Report a problem
        5/7/2022Price change$349,900-10.3%$167/sqft
        Source: Hive MLS #100319966 Report a problem
        5/5/2022Price change$389,900-8.2%$186/sqft
        Source: Hive MLS #100319966 Report a problem
        4/21/2022Price change$424,900-5.6%$203/sqft
        Source: Hive MLS #100319966 Report a problem
        4/8/2022Price change$450,000-18.2%$215/sqft
        Source: Hive MLS #100319966 Report a problem
        4/1/2022Listed for sale$550,000$263/sqft
        Source: Hive MLS #100319966 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,535 +116.3%$272,573 +180.2%
        2024$1,172 $97,269
        2023$1,172 +92.8%$97,269
        2022$608 $97,269
        2021-- $97,269
        2020$774 +1.3%$97,269
        2019$764 $97,269
        2018-- $97,269 -8.8%
        2017-- $106,599
        2016-- $106,599
        2015-- --
        2014$724 --
        2013$724 $106,599
        2011-- --
        2010-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 27889

        Getting around

        52 / 100
        Somewhat Walkable
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Eastern Elementary School
        • Middle: P. S. Jones
        • High: Washington 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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