212 Clay St Wilmington, NC 28405
Old East Wilmington NeighborhoodEstimated payment $2,578/month
Total Views
537
7
Beds
4
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Very Popular Property
- No HOA
- Tile Flooring
- 0.3 Acre Lot
- Covered Patio or Porch
- Heating System Uses Natural Gas
About This Home
Investor Opportunity - Fully Leased Triplex212 Clay Street presents an excellent opportunity for investors seeking a property with strong rental income potential. This well-maintained triplex features three units: Units A and B each offer 2 bedrooms and 1 bathroom, while Unit C provides a spacious 3-bedroom, 2-bathroom layout. All units include comfortable living areas designed for tenant appeal.Recent improvements, including a new roof installed in 2024, enhance the property's value and reduce future maintenance needs, ensuring a solid addition to any portfolio.All three units are currently occupied by long-term tenants, providing immediate, consistent rental income. Conveniently located near local amenities, schools, and public transportation, this property benefits from steady rental demand.Bonus Investment Potential: The adjacent duplex at 206 Clay Street (MLS ID 100524348) is also available and can be purchased as a package to increase income and maximize investment returns.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,270
Year Built
- Built in 1999
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 25x89x103x95x150
Home Design
- Triplex
- Slab Foundation
- Wood Frame Construction
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 4 Bathrooms
- 1-Story Property
- Blinds
- Attic Access Panel
- Washer and Dryer Hookup
Flooring
- Carpet
- Tile
- Luxury Vinyl Plank Tile
Parking
- 6 Parking Spaces
- Off-Street Parking
Outdoor Features
- Covered Patio or Porch
Schools
- Freeman Elementary School
- Virgo Middle School
- New Hanover High School
Utilities
- Heating System Uses Natural Gas
- Heat Pump System
- Propane
- Natural Gas Connected
- Electric Water Heater
- Fuel Tank
Community Details
- No Home Owners Association
- Ridgecrest Subdivision
Listing and Financial Details
- Tax Lot 19-21
- Assessor Parcel Number R04913-014-022-000
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 | $1,925 | $295,000 | $32,900 | $262,100 |
| 2023 | $1,925 | $295,000 | $32,900 | $262,100 |
| 2022 | $2,508 | $295,000 | $32,900 | $262,100 |
| 2021 | $631 | $295,000 | $32,900 | $262,100 |
| 2020 | $1,306 | $124,000 | $31,100 | $92,900 |
| 2019 | $1,306 | $124,000 | $31,100 | $92,900 |
| 2018 | $1,306 | $124,000 | $31,100 | $92,900 |
| 2017 | $1,306 | $124,000 | $31,100 | $92,900 |
| 2016 | $1,693 | $152,800 | $51,000 | $101,800 |
| 2015 | $1,618 | $152,800 | $51,000 | $101,800 |
| 2014 | $1,549 | $152,800 | $51,000 | $101,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | For Sale | $450,000 | -- | -- |
Source: Hive MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $25,000 | -- | |
| Deed | -- | -- | |
| Deed | $33,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $207,400 | Unknown |
Source: Public Records
Similar Home in Wilmington, NC
Source: Hive MLS
MLS Number: 100524356
APN: R04913-014-022-000
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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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