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$219,900 Just Listed

  • For Sale
  • Active
  • Duplex
  • 4 Beds
  • 2 Full Baths
  • 1,736 Sq. Ft.
  • 0.25 Acres
  • Updated 3 days ago
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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.

Full Property Details for 505 E Elizabeth St

General

  • Price: $219,900
  • Taxes: $1,954
  • Status: Active
  • Type: Duplex
  • Source: 2218
  • MLS ID: 10195124
  • Updated: 9/26/2026
  • Added to Site: 4 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months

Interior

  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Flooring: Carpet, Laminate, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: In Kitchen, Laundry Closet, Main Level

Exterior

  • Porch/Patio/Deck: Patio

Parking

  • Parking Features: Driveway

Location

  • County: Johnston
  • Subdivision: Not in a Subdivision
  • City Limits: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Heat Pump
  • Heating Type: Electric, Heat Pump

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Brick Veneer, Vinyl Siding
  • Roof: Shingle
  • Common Walls: 1 Common Wall
  • Stories/Levels: 1
  • Building Size: 1736
  • Square Feet: 1,736
  • Sq. Ft. Source: Assessor
  • Finished Above Grnd: 1,736 Sq. Ft.
  • Year Built: 1981

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Size (Sq. Ft.): 10,890
  • Street/Road Desc.: Paved
  • Lot Features: Back Yard, Front Yard
  • Zoning: RES

Financial Considerations

  • Tax Amount: $1,954.71

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 14015036
  • Lot Number: 11

Listed by Howard Hanna Allen Tate Wake Forest/Rolesville, Meredith Hilbert (919) 418-6507

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Listing agent

— 505 E Elizabeth St —

  • Meredith Hilbert

    Howard Hanna Allen Tate Wake Forest/Rolesville

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 505 E Elizabeth St

School District:Johnston County Schools
NameGradesDistance
Selma Elementary
311 West Richardson Street, Selma, NC 27576
PK-50.5 mi
Selma Middle School
1533 Hwy 301 N, Selma, NC 27576
6-81 mi
Smithfield-Selma High
700 M Durwood Stephenson Parkway, Smithfield, NC 27577
9-122.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 505 E Elizabeth St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/26/2026
Listed
$219,900
49.08%
MLS
12/21/2020
Sold
$147,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 505 E Elizabeth St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,955
-1%
$176,100
—
2025
$1,972
25%
$176,100
42%
2024
$1,573
-2%
$123,820
—
2023
$1,597
-3%
$123,820
—
2022
$1,647
2%
$123,820
—
2021
$1,622
-2%
$123,820
—
2020
$1,647
2%
$123,820
—
2019
$1,610
36%
$123,820
38%
2018
$1,184
2%
$89,730
—
2017
$1,158
—
$89,730
—
2016
$1,158
—
$89,730
—
2015
$1,158
—
$89,730
—
2014
$1,158
—
$89,730
—
2013
$1,158
—
$89,730
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Listed by Howard Hanna Allen Tate Wake Forest/Rolesville, Meredith Hilbert (919) 418-6507

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Recent Sales near 505 E Elizabeth St

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505 E Elizabeth Street, Selma, NC 27576 (MLS# 10195124) is a Duplex property with 4 bedrooms and 2 full bathrooms. 505 E Elizabeth Street is currently listed for $219,900 and was received on September 26, 2026. Want to learn more about 505 E Elizabeth Street? Do you have questions about finding other Duplex real estate for sale in Selma? You can browse all Selma real estate or contact a Coldwell Banker agent to request more information.

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