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507 Warren Street

Williamston, NC 27892 · Martin County

$38,900

17 days on market · $32/sq ft

Was $40,000

  • 4 bd
  • 2 ba
  • 0.17 ac
  • built 1920
  • Price Reduced
  • Historic Built 1920

About This Home

This vacant 2unit duplex offers a strong opportunity for cash flow, with each 2bed, 1bath unit previously renting for $450 per month and plenty of room to add value through repairs or updates. Whether you renovate one unit at a time or tackle both together, the property gives you flexibility to improve income and build equity. Located in Williamston, NC, a small town known for its friendly community, affordable living, and easy access to Greenville and the Inner Banks region, this home sits near local shops, parks, and schools that make the area appealing for longterm tenants. It needs significant work, but for the buyer with tools and vision, it could become a reliable, cashflowing investment in a growing eastern North Carolina market.

Price History

  1. Original list price $40,000
  2. Current list price $38,900 Reduced by $1,100

Property Details

SubdivisionNot In Subdivision
TypeDuplex
Lot Size0.170 acres
Year Built1920
Waterfront No
Parcel0501683

Location

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Drive from this home

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

Interior & Exterior

HeatingOther
CoolingWall/Window Unit(s)
RoofMetal
ConstructionVinyl Siding, Wood Frame
ParkingOn Site

Interior Features

See Remarks

Schools

Elementary E. J. Hayes Elementary
Middle Williamston MS
High School Riverside High School

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

Tax & Assessment

Assessed Value$74,790
Annual Tax$928 (2025)
Monthly Tax Est.$77/mo

Monthly Costs

$300/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
$212
Tax bill per MLS (2025)
$77
Homeowners insurance (estimate)
$11
Estimated monthly
$300

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# 100612403 · HIVE MLS via SourceRE · Last updated: November 6, 2026 at 5:11 PM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.

Listing Details