505 Elizabeth Street
Selma, NC 27576Investor 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.
$219,900
4 bedrooms
2 full bathrooms
0.25 acres
1,736 square feet
$127 per square foot
- Exterior Features
- Interior Features
- Property Features
- Common Walls 1 Common Wall
- Construction Materials Brick Veneer, Vinyl Siding
- Lot Size Acres 0.25
- Parking Features Driveway
- Patio And Porch Features Patio
- Structure Type Duplex
- Above Grade Finished Area 1,736
- Appliances Electric Range, Electric Water Heater, Refrigerator
- Cooling Central Air, Heat Pump
- Cooling Y/N Yes
- Flooring Carpet, Laminate, Vinyl
- Heating Electric, Heat Pump
- Heating Y/N Yes
- Laundry Features In Kitchen, Laundry Closet, Main Level
- Lot Features Back Yard, Front Yard
- Tax Annual Amount 1954.71
- Water Source Public
- Year Built 1981
Additional Property Information
- TypeDuplex
- Built1981
- NeighborhoodNot in a Subdivision
- CountyJohnston
- AreaSelma
- Elementary School
- Middle School
- High School
Listing courtesy of Howard Hanna Allen Tate Wake Forest/Rolesville. © 2026 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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