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Single Family Residence at 525 E 2nd Street, Washington, NC 27889
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$289,000

525 E 2nd Street, Washington, NC 27889
Washington, NC 27889
Listed by Amanda Fulford · eXp Realty
Bedrooms
4
Bathrooms
3
Living area
2,092 sqft
Year built
1947

About this home

**Income Producing Opportunity!! New Roof August 2026** Welcome to a rare income-producing opportunity in historic downtown Washington, offering immediate cash-flow potential and multi-generational flexibility just blocks from the waterfront, local dining, and boutique shops. This single-level cottage-style property features two functional living units across a generous footprint on a large corner lot. The main residence offers a spacious three-bedroom, two-bathroom layout highlighted by original hardwood floors, a large main living area, a full kitchen, a covered carport, and private porch access, making it ideal for an owner-occupant or a full-sized rental. The secondary unit serves as a self-contained one-bedroom, one-bathroom suite complete with its own dedicated full kitchen, a cozy living room, and a bright sunroom, creating the perfect setup for a long-term tenant, short-term rental, or guest space. Whether you choose to live in the primary unit and let the secondary side offset your mortgage, or rent both sides to maximize your return in a growing coastal market, this versatile home combines classic charm, public utilities, and exceptional utility storage in an unbeatable location.

Property details

MLS
Hive MLS
MLS #
100598197
Property type
Single Family Residence
Subdivision
Not In Subdivision
Status
Active
Days on market
19
On market date
October 14, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.27 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Eastern Elementary
0.8 mi away · Grades -1-1
Nearest school -- attendance-zone data not available here
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
460
Student:teacher ratio
12.1:1
District
Beaufort County Schools
Middle
Chocowinity Middle
3.73 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
360
Student:teacher ratio
14.4:1
District
Beaufort County Schools
High
Washington High
2.25 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
826
Student:teacher ratio
15.0:1
District
Beaufort County Schools

Walkability

Blended score for Washington's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

56
Somewhat walkable
out of 100
EPA National Walkability Index
11.2 / 20 -- Above average walkable

Market position

How this listing compares to current activity in Washington, from live MLS data.

On the market 19 days -- 163 fewer days than Washington's current average of 182 days.
For reference, the median list price across 189 active listings in Washington right now is $289,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,890/mo
$57,800 down
$231,200 loan
Principal & interest$1,500
Property tax (est.)$241
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 8 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.