175 Michael Street, Jarvisburg, NC is a cash-flow-positive investment property offering immediate income with long-term flexibility. Permitted as a 2-bedroom, 2-bath home, the property is currently configured as a high-performing rental asset, ideal for investors seeking reliable returns.
The upper level is leased month-to-month at $1,300/month, providing instant cash flow. The lower-level studio (see floor plan) is currently vacant and was previously rented for $1,100/month, offering the opportunity to place a tenant immediately, adjust rental strategy, or reconfigure the space. There is potential tenant interest, allowing for a smooth transition if desired.
This efficiently designed home was built by one of the area's most reputable builders, Reliant Construction. With no wasted space, the layout offers an open, spacious feel on both the upper and lower levels, maximizing functionality and long-term rental appeal. Both levels are heated and cooled by efficient mini-split systems, helping keep operating costs low. The shared washer and dryer are located on the lower level, along with a water softener that services the entire home.
Centrally located between the Outer Banks and Elizabeth City, this property presents an excellent opportunity for employee or workforce housing, which is increasingly difficult to find in the area. Ideal for service industry professionals, healthcare workers, and OBX employees commuting to and from the beach.
Well suited for investors seeking immediate positive cash flow, local business owners needing workforce housing, or owners desiring flexibility with month-to-month tenancy and future repositioning.
Sold for $289,900
$289,900
175 Michael Street, Jarvisburg, NC 27947
2beds
952sqft
Single Family Residence
Built in 2024
3,484.8 Square Feet Lot
$290,300 Zestimate®
$305/sqft
$1,922 Estimated rent
Home value
$290,300
$276,000 - $305,000
$1,922/mo
Zestimate® history
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$1,922/mo
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$1,639/mo
Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: March 02, 2026 at 12:04pm
Listed by:
Brook Sparks 252-619-1177,
Coldwell Banker Seaside/EC
Bought with:
A Non Member
A Non Member
Source: Hive MLS,MLS#: 100550439
Originating MLS: Albemarle Area Association of REALTORS
Originating MLS: Albemarle Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Description: Bedroom
- Level: Upper
- Dimensions: 11.42 x 7.08
Bathroom 1
- Description: Ground level bathroom
- Level: Ground
- Dimensions: 5.29 x 9.04
Bathroom 2
- Description: Bathroom
- Level: Upper
- Dimensions: 5.29 x 4.88
Living room
- Description: Family room
- Level: Upper
- Dimensions: 11.42 x 12.33
Living room
- Description: Family room
- Level: Ground
- Dimensions: 12.46 x 9.38
Utility room
- Description: Water softner/washer
- Level: Ground
- Dimensions: 11.71 x 5.96
Heating
- Other
Cooling
- Multi Units
Appliances
- Included: Electric Oven, Water Softener, Refrigerator, Range, Dryer, Dishwasher, Cooktop, Electric Range
- Laundry: Dryer Hookup, Washer Hookup, Laundry Room
Features
- 2nd Kitchen
- Flooring: LVT/LVP
- Basement: None
- Attic: None
Interior area
- Total structure area: 952
- Total interior livable area: 952 sqft
Property
Parking
- Parking features: See Remarks
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: None
- Exterior features: None
- Fencing: None
- Has view: Yes
- View description: See Remarks
- Waterfront features: None
- Frontage type: See Remarks
Lot
- Size: 3,484 sqft
- Dimensions: 42 x 95
- Features: Level
Details
- Parcel number: 110c01200190000
- Zoning: Sfm: Single-Family Reside
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Other, Pilings
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 2024
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, Water Connected
Green energy
- Green verification: None
Community & neighborhood
Location
- Region: Jarvisburg
- Subdivision: Albemarle Sound Beach
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2026 | Sold | $289,900$305/sqft |
Source:  Hive MLS #100550439 Report a problem | ||
| 2/6/2026 | Pending sale | $289,900$305/sqft |
Source: Hive MLS #100550439 Report a problem | ||
| 1/21/2026 | Listed for sale | $289,900-12.1%$305/sqft |
Source: Hive MLS #100550439 Report a problem | ||
| 9/30/2022 | Listing removed | -- |
Source:  OBAR #118179 Report a problem | ||
| 3/27/2022 | Listed for sale | $329,900+16395%$347/sqft |
Source: OBAR #118179 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11 -98.2% | $1,800 -98.4% |
| 2023 | $634 +7562.8% | $113,300 +6194.4% |
| 2022 | $8 | $1,800 |
Find assessor info on the county website
Neighborhood: 27947
Nearby schools
GreatSchools rating
- 7/10Jarvisburg ElementaryGrades: K-5Distance: 1.5 mi
- 4/10Currituck County MiddleGrades: 6-8Distance: 14.4 mi
- 3/10Currituck County HighGrades: 9-12Distance: 14.4 mi
Schools provided by the listing agent
- Elementary: Jarvisburg Elementary
- Middle: Currituck County Middle
- High: Currituck County High
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$290,300
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+$5,806
With Zillow Showcase(estimated)
$296,106
- North Carolina
- Currituck County
- Jarvisburg
- 27947
- 175 Michael Street