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723 & 725 N Market Street

Washington, NC 27889 · Beaufort County

$385,000

197 days on market · $174/sq ft

Was $450,000

  • 5 bd
  • 4 ba
  • 0.13 ac
  • built 1930
  • Price Reduced
  • Historic Built 1930

About This Home

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.

Price History

  1. Original list price$450,000
  2. Current list price$385,000Reduced by $65,000

Property Details

SubdivisionNot In Subdivision
TypeDuplex
Lot Size0.130 acres
Year Built1930
WaterfrontNo
Parcel44160

Location

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Drive from this home

Destinations verified Nov 1, 2026. Directions open in your maps app.

Coastal county Building, additions and shoreline work here can need a CAMA permit and setbacks. Check the flood zone, an elevation certificate and an insurance quote before you make an offer. CAMA permits, from the NC Division of Coastal Management →

Interior & Exterior

FlooringLVT/LVP
HeatingHeat Pump, Natural Gas
CoolingCentral Air, Heat Pump, Multi Units
RoofMetal
ConstructionFiber Cement, Wood Frame
AppliancesVented Exhaust Fan, Electric Oven, Dishwasher, Tankless Water Heater
ParkingOff Street, On Site, Unpaved

Interior Features

Wash/Dry ConnectKitchen IslandWalk-in ShowerBlinds/ShadesEat-in Kitchen

Schools

ElementarySt. Helena
MiddleBeaufort
High SchoolBeaufort

Assignments as entered by the listing agent; confirm with the school district. Each school's results: NC School Report Cards.

Tax & Assessment

Assessed Value$126,399
Annual Tax$1,176 (2025)
Monthly Tax Est.$98/mo

Monthly Costs

$2,309/mo estimated

Includes principal and interest, property tax and homeowners insurance, with 20% down at 7.24% for 30 years.

Adjust the numbers
Principal and interest
$2,099
Tax bill per MLS (2025)
$98
Homeowners insurance (estimate)
$112
Estimated monthly
$2,309

Tax is the bill the listing agent entered on the MLS; a sale can change the assessment. Flood insurance is not included; get a quote for this address. An estimate, not a loan offer.

Starts at 7.24%, the Freddie Mac PMMS 30-year fixed average for the week of Oct 29, 2026. An example, not a quote: enter your lender's rate.

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MLS# 100569655 · HIVE MLS via SourceRE · Last updated: November 2, 2026 at 8:24 PM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.

Listing Details