206 Clay St Wilmington, NC 28405
Old East Wilmington NeighborhoodEstimated payment $2,015/month
Highlights
- No HOA
- Tile Flooring
- Heat Pump System
- Covered Patio or Porch
- Ceiling Fan
- 1-Story Property
About This Home
Investor Opportunity - Fully Leased Duplex206 Clay Street presents an excellent opportunity for investors seeking a property with immediate rental income. This well-maintained duplex features two units, each offering 2 bedrooms, 1 bathroom, and a spacious living area that provides comfortable layouts for tenants.Recent updates enhance the property's value, including LVP flooring installed in 2023 and a new roof installed August 2025, offering peace of mind for years to come.Both units are currently occupied by long-term tenants, making this an ideal addition to any investment portfolio. Conveniently located near local amenities, schools, and transportation, this property is well-positioned for continued rental demand.Bonus Investment Potential: The adjacent tri-plex at 212 Clay Street (MLS ID 100524356) is also available and can be purchased as a package for increased rental income and portfolio growth.Please allow 24 hours' notice for all showing requests.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,819
Year Built
- Built in 2002
Lot Details
- 9,496 Sq Ft Lot
- Lot Dimensions are 94.97x99.78x95.16x99.78
Home Design
- Duplex
- Slab Foundation
- Wood Frame Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2 Bathrooms
- 1-Story Property
- Ceiling Fan
- Blinds
- Attic Access Panel
- Washer and Dryer Hookup
Flooring
- Tile
- Luxury Vinyl Plank Tile
Parking
- 4 Parking Spaces
- Off-Street Parking
Outdoor Features
- Covered Patio or Porch
Schools
- Freeman Elementary School
- Virgo Middle School
- New Hanover High School
Utilities
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Ridgecrest Subdivision
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number R04913-014-001-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $1,514 | $232,100 | $29,600 | $202,500 |
| 2023 | $1,514 | $232,100 | $29,600 | $202,500 |
| 2022 | $1,973 | $232,100 | $29,600 | $202,500 |
| 2021 | $497 | $232,100 | $29,600 | $202,500 |
| 2020 | $1,094 | $103,900 | $27,000 | $76,900 |
| 2019 | $1,094 | $103,900 | $27,000 | $76,900 |
| 2018 | $1,094 | $103,900 | $27,000 | $76,900 |
| 2017 | $1,094 | $103,900 | $27,000 | $76,900 |
| 2016 | $1,265 | $114,200 | $39,400 | $74,800 |
| 2015 | $1,209 | $114,200 | $39,400 | $74,800 |
| 2014 | $1,158 | $114,200 | $39,400 | $74,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/23/2025 08/23/25 | Pending | -- | -- | -- |
| 08/11/2025 08/11/25 | For Sale | $350,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $45,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Hive MLS
MLS Number: 100524348
APN: R04913-014-001-000
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC
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