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About This Home
This 5-bedroom, 4-bathroom residential multi family at 723 & 725 N Market Street in Washington, NC is listed for $425,000 ($192 per sqft). Built in 1930, the home offers 2,219 sqft of living space on a 0.13 acres lot.
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.
Key Features
- Built in 1930
- 0.13 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$2,273/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
723 & 725 N Market Street
Washington, NC 27889
Not In Subdivision
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 4-bathroom residential multi family at 723 & 725 N Market Street is listed at $425,000 ($192/sqft). The estimated monthly payment is $1,842 based on 20% down at 6.5% interest.
Key features include: Built in 1930, 0.13 acre lot, 2 stories. Interior Features: Wash/Dry Connect, Kitchen Island, Walk-in Shower.
This property is listed by Milton Ross Gould and can be reached at 2525151188 or rossgould@kw.com.








