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$219,900
19 Days On Site

505 E Elizabeth Street
Selma, NC 27576

Duplex|Pending
4
Beds
2
Total Baths
2
Full Baths
1,736
SqFt
$127
/SqFt
1981
Built
Subdivision:
Not in a Subdivision
County:
Johnston
Call Now: 919-404-SHOW
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919-404-SHOW
505 E Elizabeth Street505 E Elizabeth Street505 E Elizabeth Street505 E Elizabeth Street
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Investor Opportunity in Selma, NC! This income-producing duplex offers an attractive opportunity for an investor looking to add a tenant-occupied property to their portfolio. Both 2-bedroom, 1-bath units are currently leased, providing an established rental history from day one, and the existing property management company is already in place should the new owner choose to continue with the current arrangement for a seamless transition. Each unit has its own separate entrance and driveway, providing privacy and convenience for tenants. Unit A features a combination of carpet and laminate flooring, while Unit B offers continuous LVP flooring throughout. Both units also enjoy access to a rear patio, attached storage room and a wooded buffer that provides additional privacy. Conveniently located near downtown Selma, shopping, dining, major highways and the Selma-Smithfield Amtrak station, this property offers both an established tenant base and a convenient location for renters. A solid opportunity for investors seeking an income-producing duplex with tenants and property management already in place.

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Listing Snapshot
Price 
$219,900
Days On Site 
19 Days
Bedrooms 
4
Inside Area (SqFt) 
1,736 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.25 Acres
Year Built 
1981
MLS® Number 
10195124
Status 
Pending
Property Tax 
$1,954.71
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Pending
3 weeks agoListing first seen on site
General Features
Acres 
0.25
Foundation 
Slab
Lease Term 
12 Months
Levels 
One
Parking 
Driveway
Parking Spaces 
4
Property Sub Type 
Duplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
1736
SqFt Total 
1736
Water Source 
Public
Zoning 
RES
Interior Features
Appliances 
Electric RangeElectric Water HeaterRefrigerator
Cooling 
Central AirHeat Pump
Flooring 
CarpetLaminateVinyl
Furnished? 
None
Heating 
ElectricHeat Pump
Laundry Features 
Laundry ClosetIn KitchenMain Level
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Exterior Features
Construction Details 
Brick VeneerVinyl Siding
Lot Features 
Back YardFront Yard
Patio And Porch 
Patio
Roof 
Shingle
Community Features
Financing Terms Available 
1031 ExchangeCashConventional
Roads 
Paved
Listing courtesy of Meredith Hilbert of Howard Hanna Allen Tate Wake Forest/Rolesville



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2026-10-16 06:54 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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