$275,000

Estimated payment $1,651/month

Total Views 7,401
2 Beds
2 Baths
1,224 Sq Ft
$225 Price per Sq Ft

Highlights

  • No HOA
  • Covered Patio or Porch
  • Combination Dining and Living Room
  • Myrtle Grove Middle School Rated 9+
  • Forced Air Heating and Cooling System
  • Ceiling Fan

About This Home

Part of 5-property income portfolio in downtown Wilmington -- offered as a single transaction. or as a stand alone. All homes leased and currently producing $96,000 in annual gross rent. Seller has completed significant system upgrades across the portfolio in recent years: new roofs (4 of 5), new HVAC, new windows, new flooring. Concentrated in Wilmington's most active rental corridor -- walking distance to the Cargo District, Castle Street, and the Riverfront. Combined ~5,000 sq ft / 14 BR / 9 BA across five separate parcels. Est. cap rate ~6.9% at asking on current rents. Sold as-is.

Listing Agent

Benjamin Eisenberg

RE/MAX Essential License #271510 Listed on: 06/08/2026

RE/MAX Essential

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,610

Year Built

  • Built in 1925

Lot Details

  • 3,790 Sq Ft Lot
  • Lot Dimensions are 37 x 103
  • Property fronts a state road
  • Wood Fence
  • Property is zoned R-5

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Forest Hills Elementary School
  • Williston Middle School
  • Hoggard High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R05413-022-020-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,610

Year Built

Built in 1925

Lot Details

3,790 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 1925
  • Property Sub Type: Single Family Residence
  • View: None
  • Original List Price: 275000.00
  • Unit Levels: One
  • Living Area: 1224.00
  • Is New Construction?: No
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 224.67
  • Special Features: None

Interior Features

  • Dining Room Type: Combination
  • Interior Amenities: None, Ceiling Fan(s)
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Has Fireplace?: No
  • Total Bedrooms: 4
  • Room Types: Master Bedroom, Dining Area, Living Room, Bedroom 2
  • Stories: 1
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 2.00
  • Living Area Range: 1200 - 1399

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: Partial, Wood
  • Roof: Shingle
  • Road Frontage Type: See Remarks
  • Road Frontage Type: City Street, State Road
  • Waterfront?: No
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Has Attached Garage?: No
  • Has Attached Garage?: No
  • Parking Features: Off Street, Unpaved

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Water Source: Public
  • Cooling: Central Air, Heat Pump
  • Has Cooling?: Yes
  • Heating: Heat Pump, Electric, Forced Air
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer

Condo/Co-op/Association

  • Association Amenities: None
  • Has H O A?: No

Schools

  • Elementary School: Forest Hills
  • High School: Hoggard
  • Junior High Dist: New Hanover
  • Middle Or Junior School: Williston

Lot Info

  • Deed Book: 6068
  • Deed Page: 1696.00
  • Zoning: R-5
  • Lot Size Acres: 0.09
  • Lot Size: 37 x 103
  • Lot Size Sq Ft: 3790.00
  • Parcel#: R05413-022-020-000
  • Cobra Zone Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2025
  • Tax Book Number: 00
  • Tax Map Number: 00
  • Tax Other Assessment Amount Frequency: none
  • Tax Amount: 1609.56

Map

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $805 $273,500 $53,500 $220,000
2023 $487 $115,200 $39,700 $75,500
2022 $490 $115,200 $39,700 $75,500
2021 $493 $115,200 $39,700 $75,500
2020 $362 $68,700 $29,900 $38,800
2019 $362 $68,700 $29,900 $38,800
2018 $362 $68,700 $29,900 $38,800
2017 $362 $68,700 $29,900 $38,800
2016 $506 $91,300 $35,600 $55,700
2015 $483 $91,300 $35,600 $55,700
2014 $463 $91,300 $35,600 $55,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2026 06/08/26 For Sale $275,000 +957.7% $225 / Sq Ft
06/26/2017 06/26/17 Sold $26,000 -25.5% $23 / Sq Ft View Prior Sale
05/24/2017 05/24/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $34,900 -- $31 / Sq Ft
Source: Hive MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed $26,000 None Available
Trustee Deed $32,300 None Available
Deed -- --
Deed $7,500 --
Source: Public Records

Source: Hive MLS

MLS Number: 100579940

Hive MLS

APN: R05413-022-020-000

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