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Pending
$219,900 Est. $1,515/mo — Get pre-qualified
4beds 2baths 1,736sq ft 0.25acres

505 E Elizabeth Street · Selma, NC 27576

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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.

Features & Amenities

Living Area1,736 Sq.Ft.
Bedrooms4
Baths2
HeatingElectric, Heat Pump
CoolingCentral Air, Heat Pump
FlooringCarpet, Laminate, Luxury Vinyl
FireplaceNo
AppliancesElectric Range, Electric Water Heater, Refrigerator
LaundryIn Kitchen, Laundry Closet, Main Level
StyleRanch
Year Built1981
ConstructionBrick Veneer, Vinyl Siding
RoofShingle
FoundationSlab
ParkingDriveway
StatusPending
Lot Size0.25 Acres
Lot FeaturesBack Yard, Front Yard
SubdivisionNot in a Subdivision
CountyJohnston
Property TypeResidential Income
Property SubTypeDuplex
Last UpdatedOct 2, 2026
SewerPublic Sewer
Water SourcePublic
HOANo
ElementaryUnknown Elementary School
MiddleUnknown Middle School
HighUnknown High School
Presented By: Howard Hanna Allen Tate Wake Forest/Rolesville; Jeanine.Lind@allentate.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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