$124,900
2 bd · 2 ba · 893 sq ft
616 Cardwell Street
Elizabeth City, NC, 27909
Listed 19 days ago
Listed by Iron Valley Real Estate Elizabeth City
About this home
Looking for an affordable home with income-producing potential? This charming 2-bedroom, 2-full-bathroom property offers a fantastic opportunity for both investors and first-time home buyers. Featuring a newer roof and HVAC, this home has already proven its income potential. It has previously been used as a full-time rental generating $1,485 per month, and has also been utilized as an Airbnb, bringing in approximately $200 per month. Home is being sold mostly furnished with items see in photos. Move in and rental ready to go! Great location, centrally located close to shopping and historic downtown waterfront. Whether you're looking to build your investment portfolio, generate rental income, or purchase your first home, this property offers flexibility and opportunity. With two bedrooms, two full bathrooms, and important major updates already in place, this one is definitely worth a look! Affordable, versatile, and income-producing -- don't miss this opportunity!
Facts
- Type
- Single Family Residence
- Year built
- 1958
- Lot
- 0.12 acres
- County
- Pasquotank
- MLS #
- 100601862
Features
Inside
- Furnished
- Electric Oven
- Washer
- Refrigerator
- Range
- Dryer
Parking
- Off Street
Heating & cooling
- Heat Pump
- Electric
Schools
- Elementary
- P.W. Moore Elementary
- Middle
- Elizabeth City Middle School
- High
- Pasquotank County High School
As listed in the MLS. School assignments can change — confirm with the district for this address.
Monthly payment estimate
$818/mo
- Principal & interest (30-yr fixed)$750
- Property taxes (2023 bill)$68
Estimate only. Rate is the national 30-year average (7.03% as of Sep 24, 2026, Freddie Mac); your rate depends on your lender. Homeowners and flood insurance aren't included — on the coast they vary a lot by house, so get a quote early.
Recent sales like this nearby
| Home | Sold | Bd / Ba | Sq ft | Price | $ / sq ft |
|---|---|---|---|---|---|
| 314 Burke Street, Elizabeth City | May 11, 2026 | 2 / 2 | 805 | $206,000 | $256 |
| 405 Lane Street, Elizabeth City | Jun 30, 2026 | 3 / 2 | 1,056 | $50,000 | $47 |
| 1119 W Colonial Avenue, Elizabeth City | Jul 16, 2026 | 2 / 2 | 898 | $225,000 | $251 |
| 104 Chadburn Avenue, Elizabeth City | May 21, 2026 | 2 / 1 | 925 | $204,000 | $221 |
Similar size and type, sold in the last 6 months. From Hive MLS records; deemed reliable, not guaranteed.
Buying in Elizabeth City? Local guides
- How Much Are Property Taxes in Wilmington and the NC Coast? (2026-27)County and town property tax rates for New Hanover, Brunswick, Pender, Onslow and Duplin, what they cost on a $400,000 home, the 2027 revaluations to plan for, and tax relief you may qualify for.
- One-Story and Primary-on-Main Homes on the Southeastern NC CoastWhere the one-level homes are from Wilmington to Calabash, what they cost town by town, and what to check before you buy — from current MLS listings.
About 616 Cardwell Street
616 Cardwell Street is a 2-bedroom, 2-bath home of about 893 square feet, built in 1958, Elizabeth City, Pasquotank County, NC 27909.
At $124,900, it's 42% below the median asking price ($215,000) of the 18 other 2-bedroom listings for sale in Elizabeth City today.
That's about $140 per square foot, compared with a Elizabeth City median of $188.
Across ZIP 27909, 79 2-bedroom homes sold in the past year at a median of $119,000.
It has been on the market for 19 days.
Buying 616 Cardwell Street
- See it in person. Pick a time and we'll call to confirm — often same day.
- Talk numbers. Tell us what you'd like to offer. It's non-binding — a licensed agent calls you before anything is written.
- Have a home to sell first? Our guaranteed sale lets you buy with a firm plan for your current home. How it works
Own a home near 616 Cardwell Street? See what it's worth — every online estimate side by side, next to real sales in Elizabeth City.
What's my home worth? →Questions about 616 Cardwell Street
How much is 616 Cardwell Street?
616 Cardwell Street is listed at $124,900 (about $140 per square foot) as of September 26, 2026. Status: for sale.
How many bedrooms and bathrooms does 616 Cardwell Street have?
2 bedrooms and 2 bathrooms, with about 893 square feet.
How long has 616 Cardwell Street been on the market?
19 days.
When was 616 Cardwell Street built?
1958.
Who is the listing broker for 616 Cardwell Street?
Iron Valley Real Estate Elizabeth City (MLS #100601862). The Buddy Blake Team can show it to you and answer questions.
Can I tour 616 Cardwell Street?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.