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For sale
  • Price cut: $7.1K (7/27)
    $242,900

    603 E Colonial Avenue #1, Elizabeth City, NC 27909

    2beds
    1,039sqft
    : 
    $1,711/mo
    Get pre-qualified
    Condominium
    Built in 1920
    -- sqft lot
    $239,200 Zestimate®
    $234/sqft
    $213/mo HOA

    What's special

    Downtown living or income producing Air BNB property! This historical corner building now houses a beautiful designed 2 bedroom / 1 bath condo known as 1920 Condominiums. Experience urban living at its finest in this beautifully restored property featuring originial wood floors, exposed brick walls, abundant natural light from large windows throughout. In 2020 the bath was renovated and kitchen subway tiles were installed. Just one block from the waterfront, enjoy the convenience of shopping, dining, and a vibrant social scene right outside your door. Covered parking space is included. Currently income-producing with a strong rental history and high cap rate. HVAC 2017, Water Heater 2018, Dishwasher and Refrigerator 2020. HOA installed a new roof approx 2013. Property may be purchased fully furnished or continue as an AirBNB, either way it's a turn key opportunity! . No flood insurance required.
    115 days
    |
    531
    |
    31
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    The Morrisette Group 252-339-2166,

    Berkshire Hathaway HomeServices RW Towne Realty/Moyock

    Source: Hive MLS,MLS#: 100565787MLS LogoOriginating MLS: Albemarle Area Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Bedroom 1, Bedroom 2, Living Room, Bathroom 1, Dining Room, Office
      Bedroom 1
      • Level: Second
      Bedroom 2
      • Level: Second
      Bathroom 1
      • Level: Second
      Dining room
      • Level: Second
      Kitchen
      • Description: Kitchen-Dining-LR
      • Level: Second
      Living room
      • Level: Second
      Office
      • Level: Second
      Heating
      • Heat Pump, Electric
      Cooling
      • Ceiling Fan(s), Heat Pump
      Appliances
      • Included: Electric Oven, Electric Cooktop, Washer, Refrigerator, Range, Dryer
      • Laundry: Dryer Hookup, Washer Hookup
      Features
      • Vaulted Ceiling(s), High Ceilings, Ceiling Fan(s), Blinds/Shades
      • Flooring: Tile, Wood, Hardwood
      • Windows: Thermal Windows
      • Basement: None
      • Attic: None
      Interior area
      • Total structure area: 1,039
      • Total interior livable area: 1,039 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached, Garage
      • Garage spaces: 1
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Patio & porch: None
      • Fencing: None
      • Has view: Yes
      • View description: See Remarks
      • Waterfront features: None
      • Frontage type: See Remarks
      Lot
      • Features: Corner Lot
      Details
      • Parcel number: 891308992671
      • Zoning: City CB
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Brick, Wood Frame
      • Foundation: Slab
      • Roof: Membrane
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: N/A
      HOA
      • Has HOA: Yes
      • Amenities included: Management, Pest Control, Termite Bond
      • HOA fee: $2,557 annually
      • HOA name: 1920's Condominiums
      Location
      • Region: Elizabeth City

      Financial & listing details

      • Price per square foot: $234/sqft
      • Tax assessed value: $154,500
      • Date on market: 4/8/2026
      • Cumulative days on market: 115 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA
      • Road surface type: Paved

        Estimated market value

        $239,200

        $227,000 - $251,000

        $1,533/mo

        Price history

        DateEventPrice
        7/27/2026Price change$242,900-2.8%$234/sqft
        Source: Hive MLS #100565787 Report a problem
        4/8/2026Listed for sale$250,000+138.1%$241/sqft
        Source: Hive MLS #100565787 Report a problem
        8/4/2020Sold$105,000-2.8%$101/sqft
        Source: Hive MLS #898888 Report a problem
        5/22/2020Pending sale$108,000$104/sqft
        Source: Howard Hanna William E. Wood/Eliz City #98888 Report a problem
        3/18/2020Listed for sale$108,000$104/sqft
        Source: Howard Hanna William E. Wood/Eliz City #98888 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 27909

        Getting around

        79 / 100
        Very Walkable
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Sheep-Harney Elementary
        • Middle: River Road Middle School
        • High: Northeastern 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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