Rental Income

723 & 725 Market Street, Washington

$399,000

Bedroom 5 bedrooms

  • Listing ID #: 100569655
  • Status: Active
  • Address: 723 & 725 Market Street, Washington, NC 27889
  • Date Listed: 4/25/2026
  • Days on Market: 144
  • Acres: 0.13
  • Stipulations: Standard
  • Subdivision: Not In Subdivision

Location Location

Agent Comments Agent Comments
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.

Amenities Amenities
  • Vented Exhaust Fan
  • Electric Oven
  • Dishwasher
  • Tankless Water Heater

Additional Features Additional Features
  • Association Amenities: None
  • County: Beaufort
  • Days on Market: 144
  • Pool: Yes
  • Pool Features: None
  • Property Sub Type: Duplex
  • Tax Number: 44160
  • Waterfront Features: None
  • Water/Sewer: Natural Gas Connected, Sewer Connected, Water Connected
  • Year Built: 1930
  • Property Type: Rental Income
  • Tax Year: 2025
  • Tax Amount: $1,175.52

Financial Financial
  • Short Sale: Standard

Interior Features Interior Features
  • Cool System: Central Air, Heat Pump, Multi Units
  • Floors: LVT/LVP
  • Heat System: Heat Pump, Natural Gas
  • Interior: Wash/Dry Connect, Kitchen Island, Walk-in Shower, Blinds/Shades, Eat-in Kitchen
  • Room Type: Dining Area
  • Levels: Two
  • Heating Fuel: Natural Gas
  • Association Amenities: None
  • Furnished: Unfurnished
  • Laundry: Dryer Hookup,Washer Hookup
  • Water Heater: Natural Gas,Tankless
  • Basement Description: None

Exterior Features Exterior Features
  • Fuel Tanks: None
  • Parking: Off Street, On Site, Unpaved
  • Pool: None
  • Roof: Metal
  • Siding: Fiber Cement
  • Waterfront Feature: None
  • Is New Construction: No
  • Construction: Fiber Cement,Wood Frame
  • Foundation: Brick/Mortar,Block,Crawl Space
  • Water Source: Public
  • Septic or Sewer: Municipal Sewer,City of Washington
  • Water Provider: City of Washington
  • Utilities: Natural Gas Connected,Sewer Connected,Water Connected
  • Garage Spaces: 0
  • Parking Spaces: 0
  • Fencing: None
  • Exterior: Fiber Cement
  • Patio/Deck Description: Covered,Porch,Screened,Rear Porch
  • Zoning: R
  • Building Total Area (Sq.Ft): 2219
  • Road Description: City Street,State Road,Paved
  • Road Improvements: See Remarks
  • View Description: None

Location Location
  • Directions: From US 17 turn right on 5th street then left on market street home is on the right.
  • Street Number: 723 & 725
  • County: Beaufort
  • Latitude: 35.549112
  • Longitude: -77.050111
  • Subdivision: Not In Subdivision
  • Marketing City: Washington

Listed by: Milton Ross Gould from Keller Williams Crystal Coast.