Team Gale
Coldwell Banker Sea Coast Advantage
(910) 765-8761
195 Total Sales
1 in Old East Wilmington
$174,900 Price
206 Clay St Wilmington, NC 28405
Old East Wilmington NeighborhoodEstimated Value: $320,000 - $350,000
4
Beds
2
Baths
1,872
Sq Ft
$179/Sq Ft
Est. Value
Highlights
- Attic
- Covered Patio or Porch
- Central Air
- No HOA
- Tile Flooring
- Ceiling Fan
About This Home
As of October 2025Investor Opportunity - Fully Leased Duplex 206 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.
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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
- Property fronts a state road
Home Design
- Duplex
- Slab Foundation
- Wood Frame Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 4 Bedrooms
- 1-Story Property
- Ceiling Fan
- Blinds
- Dining Area
- Fire and Smoke Detector
- Washer and Dryer Hookup
- Attic
Flooring
- Tile
- Luxury Vinyl Plank Tile
Parking
- 4 Open Parking Spaces
- 4 Driveway Spaces
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Covered Patio or Porch
Schools
- Freeman Elementary School
- Virgo Middle School
- New Hanover High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- 2 Units
- Ridgecrest Subdivision
- Park Manager: No
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number R04913-014-001-000
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2025
Closed on
Sep 26, 2025
Sold by
Bought by
Seller's Agent
Brandon Edens
REAL Broker LLC
Buyer's Agent
Aimee Sposeep
Real Broker, LLC
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,594
Avg. Annual Appreciation
3.44%
Original Mortgage
$260,000
Outstanding Balance
$257,838
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$76,756
Purchase Details
Closed on
Jun 12, 2000
Sold by
Bought by
Purchase Details
Closed on
Feb 6, 2000
Sold by
Bought by
Purchase Details
Closed on
Feb 2, 1994
Sold by
Bought by
Purchase Details
Closed on
Aug 26, 1991
Sold by
Bought by
Purchase Details
Closed on
Sep 13, 1990
Sold by
Bought by
Purchase Details
Closed on
Jun 1, 1978
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Old East Wilmington, NC
-
Team Gale
-
Ed Coulbourn
Ed Coulbourn
eXp Realty
(910) 807-4736
80 Total Sales
1 in Old East Wilmington
$250,000 Price
-
Pinpoint Properties
Pinpoint Properties
Real Broker, LLC
(910) 698-8161
232 Total Sales
1 in Old East Wilmington
$220,500 Price
-
Gloria Green
Gloria Green
Gloria Green Realty
(910) 679-9694
74 Total Sales
2 in Old East Wilmington
$95K - $110K Price Range
-
Cisco Cardoso
Cisco Cardoso
Cardoso & Company
(910) 807-4576
122 Total Sales
3 in Old East Wilmington
$196K - $230K Price Range
-
Beatty Pittman Real Estate Team LLC
Beatty Pittman Real Estate Team LLC
Intracoastal Realty Corporation
(910) 839-7831
594 Total Sales
2 in Old East Wilmington
$400,000 Price Range
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $325,000 | None Listed On Document | ||
| $45,000 | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $260,000 |
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 |
|---|---|---|---|---|
| 10/15/2025 10/15/25 | Sold | $325,000 | -7.1% | $174 / Sq Ft |
| 08/23/2025 08/23/25 | Pending | -- | -- | -- |
| 08/11/2025 08/11/25 | For Sale | $350,000 | -- | $187 / Sq Ft |
Source: Hive MLS
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 | $1,819 | $309,100 | $72,500 | $236,600 |
| 2024 | $1,514 | $232,100 | $29,600 | $202,500 |
| 2023 | $1,471 | $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
Agents Affiliated with this Home
-
Brandon Edens
Seller's Agent in 2025
Brandon Edens
REAL Broker LLC
(910) 583-4445
1 in this area
30 Total Sales
-
Aimee Sposeep
Buyer's Agent in 2025
Aimee Sposeep
Real Broker, LLC
(704) 965-8333
3 in this area
586 Total Sales
Map
Source: Hive MLS
MLS Number: 100524348
APN: R04913-014-001-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. ©2026 Hive MLS LLC
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