206 Clay St Wilmington, NC 28405
Old East Wilmington NeighborhoodEstimated payment $2,060/month
Total Views
491
4
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Very Popular Property
- Covered Patio or Porch
- Ceiling Fan
- No HOA
- Tile Flooring
- Heat Pump System
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
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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 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | For Sale | $350,000 | -- | -- |
Source: Hive MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $45,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Similar Home in Wilmington, NC
Source: Hive MLS
MLS Number: 100524348
APN: R04913-014-001-000
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