Single Family Residence at 401 N Market Street, Washington, NC 27889
Single Family Residence at 401 N Market Street, Washington, NC 27889, photo 2 of 4
Single Family Residence at 401 N Market Street, Washington, NC 27889, photo 3 of 4
Single Family Residence at 401 N Market Street, Washington, NC 27889, photo 4 of 4
4 photos

$549,000

401 N Market Street, Washington, NC 27889
Washington, NC 27889
Listed by Laura Mucci Gerard · The Rich Company
Bedrooms
4
Bathrooms
3
Living area
3,774 sqft
Year built
1900

About this home

Rare opportunity in Washington's Historic Business District! Full of historic character and offering incredible flexibility, 401 N Market Street is well suited for a primary residence, short-term rental, investment property, or potential commercial use. Previously operated as a successful Airbnb, this 4 bedroom, 3 bath property offers generous, flexible spaces that could easily transition from residential living to professional offices, boutique retail, studio or other permitted commercial uses. Original hardwood floors in the foyer and formal sitting rooms showcase more than 125 years of craftsmanship, while thoughtful updates provide modern convenience without taking away from the home's historic charm. The wraparound front porch adds to the property's classic downtown presence, while the large gravel parking area out back provides valuable off-street parking--a rare find in the Historic District. Updates include downstairs HVAC, upgraded electrical, gas tankless water heater, custom walk-in shower in the upstairs primary suite, outdoor shower, newer appliances, fencing improvements and extensive rebuilding of the front porch with a metal roof. A termite prevention contract has been maintained since 2017. Located just blocks from Washington's waterfront, restaurants, breweries, shops and downtown events, this is a unique opportunity to live, work or invest in the heart of downtown Washington.

Highlights

Fireplace

Property details

MLS
Hive MLS
MLS #
100587357
Property type
Single Family Residence
Subdivision
Historic District
Status
Active
Days on market
101
On market date
July 8, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.14 acres
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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
0.99 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
2.34 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 101 days -- 81 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
$3,456/mo
$109,800 down
$439,200 loan
Principal & interest$2,849
Property tax (est.)$458
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated September 19, 2026.

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.