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723 & 725 N Market Street, Washington, NC 27889

$425,000.00
  • 723 & 725 N Market Street, Washington, NC 27889 Main Photo

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Active Price Reduced by 25,000 on May 7th, 2026
BEDS5 BATHS SQUARE FEET2,219 MLS#100569655
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Fully renovated, historic 1930 duplex in the heart of Washington, NC--a turnkey opportunity for investors or owner-occupants just a pleasant 15-minute walk from the scenic downtown waterfront and Main Street. Taken down to the studs and thoughtfully restored, both units feature open-concept living, kitchen, and dining spaces, durable LVP flooring, screened rear porches, tile walk-in showers, dedicated tankless water heaters, a new metal roof, and brand-new HVAC systems. One side offers three bedrooms (all upstairs), two full baths, and an upstairs laundry nook; the other is a single-level plan with two bedrooms on the primary level, two full baths (one with the laundry area), and easy access to outdoor space. Move-in ready and designed to perform--limited modern hotel options in Washington make short-term rentals attractive; with typical Airbnb rates around $160-$200/night, each unit could generate conservatively $30,000 annually at 50% occupancy, providing strong income potential or the chance for an owner-occupant to live in one unit while the other covers expenses. BnB projections and comps available. Additional benefits include a detached shed and off-street parking. Situated near Washington's vibrant riverside scene with galleries, seasonal festivals, marinas, shops, and everyday conveniences--plus local legend Bill's Hot Dogs--this updated duplex blends smart renovation, reliable systems, and solid market appeal; schedule a showing before it's gone.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Heat Pump, Multi Units
Days on Market: 13
Heating: Heat Pump, Natural Gas
Lot Size: 0.13 Acres
Roof Type: Metal
Stories: 2.0
Year Built: 1930

Amenities

Wash/Dry Connect
Kitchen Island
Walk-in Shower
Blinds/Shades
Eat-in Kitchen

Feature Descriptions

Appliances: Vented Exhaust Fan, Electric Oven, Dishwasher, Tankless Water Heater
Exterior: Fiber Cement, Wood Frame
Flooring: LVT/LVP
Laundry: Dryer Hookup, Washer Hookup
Lot: Corner Lot
Lot Dimensions: Irregular
Parcel#: 44160
Parking: Off Street, On Site, Unpaved
Parking Notes: Off Street, On Site, Unpaved
Patio/Porch: Covered, Porch, Screened, Rear Porch
Security: Smoke Detector(s)
Sewer: Municipal Sewer, City of Washington
Special View Info: See Remarks
Units: 2
Utilities: Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Window: Storm Window(s)

Local Schools

High School: Washington
Middle School: P. S. Jones
Elementary School: Eastern Elementary School

Listed By / Shown By

Listed By

Agency Name: Keller Williams Crystal Coast

Shown By

Agency Title: First Wilson Properties
Agency Phone: 252.237.9900

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Estimated Payment

$ 1,907.82 per month $1,783.86 Principal & Interest $0.00 Property Tax (data not provided by mls) $123.96 Homeowner's Insurance

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