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1011 W Main Street

Williamston, NC 27892 · Martin County

$220,000

181 days on market · $88/sq ft

  • 5 bd
  • 4 ba
  • 0.44 ac
  • built 1954
  • 1 Fireplace

About This Home

Investor special with built-in upside in the heart of Williamston! Unique multi-unit opportunity at 1011 W. Main St featuring a main home configured into 4 separate units, plus an additional detached cottage known as the ''Playhouse.'' Whether you're an investor seeking cash flow or a buyer wanting to live on-site while generating rental income, this property offers flexibility and future potential.

Currently 3 units are occupied, providing immediate income, with additional upside through vacant units needing repairs. Main house improvements in the past two years include updated vinyl siding, roof, and some replacement windows.

Current Layout Includes:

Unit A (Owner Occupied):

2BR / 1BA downstairs unit with spacious living room, open kitchen, laundry area, storage room, and screened porch. Estimated rent potential: $800/mo

Unit B (Vacant):

1BR / 1BA upstairs unit with kitchen and living area. Needs repairs/improvements. Estimated rent potential after repairs: $750/mo

Unit C:

2BR / 2BA layout (one bath currently unusable), rented at $650/mo

Unit D:

1BR / 1BA rented at $625/mo

Detached Bonus Cottage (''Playhouse''):

Studio-style 1BR / 1BA with screened porch. Needs repairs but offers excellent additional upside. Estimated rent potential after repairs: $1,000/mo

Separate electric meters and mailboxes for main units. Centrally located near downtown amenities, shopping, and commuter routes. Bring your vision and unlock the possibilities!

Buy One, Get One Opportunity - main multi-unit home plus detached bonus dwelling! Being sold AS IS

Property Details

SubdivisionNot In Subdivision
TypeQuadruplex
Lot Size0.440 acres
Year Built1954
Fireplaces1
Waterfront No
Parcel0501859

Location

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Drive from this home

Destinations verified Nov 1, 2026. Directions open in your maps app.

Interior & Exterior

HeatingBaseboard, Electric
CoolingWall/Window Unit(s)
RoofShingle, Flat
ConstructionVinyl Siding, Wood Frame
ParkingCarport, Off Street, On Site

Schools

Elementary Williamston Primary School
Middle Riverside
High School Martin County HS

Assignments as entered by the listing agent; confirm with the school district. Each school's results: NC School Report Cards.

Tax & Assessment

Assessed Value$217,200
Annual Tax$2,344 (2025)
Monthly Tax Est.$195/mo

Monthly Costs

$1,458/mo estimated

Includes principal and interest, property tax and homeowners insurance, with 20% down at 7.24% for 30 years.

Adjust the numbers
Principal and interest
$1,199
Tax bill per MLS (2025)
$195
Homeowners insurance (estimate)
$64
Estimated monthly
$1,458

Tax is the bill the listing agent entered on the MLS; a sale can change the assessment. Flood insurance is not included; get a quote for this address. An estimate, not a loan offer.

Starts at 7.24%, the Freddie Mac PMMS 30-year fixed average for the week of Oct 29, 2026. An example, not a quote: enter your lender's rate.

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MLS# 100573569 · HIVE MLS via SourceRE · Last updated: September 30, 2026 at 12:02 AM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.

Listing Details