NOT LISTED FOR SALE

Estimated Value: $962,000 - $1,059,000

6 Beds
6 Baths
3,896 Sq Ft
$261/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2025

Last sale price $1,050,000 $270 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,903 / mo

99 Days on Market

Highlights

  • 0.28 Acre Lot
  • Wood Flooring
  • Furnished
  • Deck
  • High Ceiling
  • No HOA

About This Home

As of May 2025

Calling all investors, don't miss out on this incredible 4-unit Quadplex located in the heart of historic downtown Wilmington! This property offers a unique blend of charm and modern updates, presenting a lucrative opportunity for savvy investors and boasting over 3,800 sq. ft. between the two levels. This property features two One bedroom units on the first floor, with Unit B featuring new updates in the kitchen and newly remodeled bathroom. The Second floor also features two units. Another One bedroom unit with fresh paint throughout and an updated bathroom. The Second floor also features a spacious 3 Bed-3 Bath unit. Some features include new paint throughout, newly remodeled kitchen, and remodeled bathroom. This quadplex epitomizes a prime investment with a diverse range of upgrades and reliable income streams. Seize this opportunity to own a remarkable piece of Wilmington's real estate heritage.

Last Agent to Sell the Property

Jennifer Bullock Team

RE/MAX Executive Listed on: 02/14/2025

Last Buyer's Agent

Andrea Arth

Arth Real Estate Group LLC License #273169

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,528

Year Built

  • Built in 1870

Lot Details

  • 12,240 Sq Ft Lot
  • Lot Dimensions are 60x201x62x201
  • Property fronts a state road

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Crawl Space
  • Security Lights
  • Electric Oven

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Attic

  • Walk-In Attic
  • Permanent Attic Stairs

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Snipes Elementary School
  • Williston Middle School
  • New Hanover High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Connected
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 4 Units
  • Historic District Subdivision
  • Park Manager: No

Listing and Financial Details

  • Assessor Parcel Number R05405-020-003-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,528

Year Built

Built in 1870

Lot Details

0.28 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1870
  • Property Sub Type: Quadruplex
  • Appliances: Electric Oven, Washer, Refrigerator, Dryer
  • Original List Price: 1100000.00
  • Unit Levels: Two
  • Is New Construction?: No
  • Island Or Mainland: Mainland
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 282.34
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Interior Amenities: High Ceilings, Ceiling Fan(s), Furnished, Walk-in Shower, Blinds/Shades
  • Stories: 2
  • Furnished: Furnished
  • Total Bedrooms: 6
  • Bathrooms Total Source: MLS
  • Bathrooms Total Notational: 6.00
  • Attic Features: Permanent Stairs, Walk-In

Exterior Features

  • Exterior Features: Balcony
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Roof: Composition, Membrane
  • Road Frontage Type: City Street, State Road, Paved
  • Road Surface Type: Paved
  • Waterfront?: No
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Covered, Deck, Porch, Balcony

Garage/Parking

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

Utilities

  • Utilities: Natural Gas Connected, Sewer Available, Water Available
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Water Source: Public
  • Security Features: Security Lights
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer, Cape Fear Public Utility Authority
  • Electric Provider: Duke Energy
  • Natural Gas Provider: Piedmont Natural Gas Co.
  • Water Provider: Cape Fear Public Utility Authority

Condo/Co-op/Association

  • Has H O A?: No

Fee Information

  • Park Manager Name: No

Schools

  • Elementary School: Snipes
  • High School: New Hanover
  • Middle Or Junior School: Williston

Lot Info

  • Deed Book: 6602
  • Deed Page: 56.00
  • Zoning: HD-R
  • Lot Size Acres: 0.28
  • Lot Size: 60x201x62x201
  • Lot Size Sq Ft: 12240.00
  • Purchase Contract Date: 2025-02-14
  • Parcel#: R05405-020-003-000
  • Cobra Zone Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2024
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Map Number: R05405-020-003-000
  • Tax Other Assessment Amount Frequency: N/A
  • Tax Amount: 4528.36

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

Closed on
Feb 9, 2026
Sold by
Bought by
Current Estimated Value
$1,016,546

Purchase Details

Listed on
Feb 14, 2025
Closed on
Apr 24, 2025
Sold by
Bought by
Seller's Agent
Jennifer Bullock Team
RE/MAX Executive
Buyer's Agent
Andrea Arth
Arth Real Estate Group LLC
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.98%
Original Mortgage
$787,500
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 29, 2022
Closed on
Oct 20, 2022
Sold by
Bought by
Seller's Agent
Lauren Mintz
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Jennifer Bullock Team
RE/MAX Executive
List Price
$799,000
Sold Price
$735,000
Premium/Discount to List
-$64,000
-8.01%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.89%

Purchase Details

Listed on
Feb 7, 2017
Closed on
Apr 22, 2017
Sold by
Bought by
Seller's Agent
Peter Sweyer
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Lauren Mintz
Intracoastal Realty Corporation
List Price
$450,000
Sold Price
$428,700
Premium/Discount to List
-$21,300
-4.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$433,116
Interest Rate
4.21%
Mortgage Type
VA

Purchase Details

Closed on
Sep 25, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2002
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 2001
Sold by
Bought by

Purchase Details

Closed on
May 29, 1998
Sold by
Bought by

Purchase Details

Closed on
Jan 12, 1994
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 1990
Sold by
Bought by

Purchase Details

Closed on
Mar 23, 1989
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Listed On Document
$1,050,000 None Listed On Document
$1,050,000 None Listed On Document
-- --
$429,000 None Available
$550,000 None Available
$262,000 --
-- --
-- --
$249,000 --
$154,000 --
-- --
$98,500 --
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
Previous Owner $787,500
Previous Owner $433,116
Previous Owner $412,500
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
05/15/2025 05/15/25 Sold $1,050,000 -4.5% $270 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
02/14/2025 02/14/25 For Sale $1,100,000 0.0% $282 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
02/05/2025 02/05/25 Off Market $1,100,000 -- --
01/14/2025 01/14/25 For Sale $1,100,000 0.0% $282 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
12/30/2024 12/30/24 Price Changed $1,100,000 -7.6% $282 / Sq Ft
11/07/2024 11/07/24 For Sale $1,190,000 +61.9% $305 / Sq Ft
10/20/2022 10/20/22 Sold $735,000 -8.0% $201 / Sq Ft View Prior Sale
09/21/2022 09/21/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $799,000 0.0% $218 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
08/18/2022 08/18/22 Price Changed $799,000 -2.0% $218 / Sq Ft
07/29/2022 07/29/22 For Sale $815,000 +90.1% $223 / Sq Ft
04/24/2017 04/24/17 Sold $428,700 -4.7% $117 / Sq Ft View Prior Sale
02/28/2017 02/28/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $450,000 -- $123 / 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 $4,750 $807,100 $182,900 $624,200
2024 $4,528 $520,500 $91,900 $428,600
2023 $4,424 $520,500 $91,900 $428,600
2022 $4,424 $520,500 $91,900 $428,600
2021 $4,454 $520,500 $91,900 $428,600
2020 $3,847 $365,200 $127,400 $237,800
2019 $3,847 $365,200 $127,400 $237,800
2018 $3,847 $365,200 $127,400 $237,800
2017 $3,847 $365,200 $127,400 $237,800
2016 $4,199 $379,000 $153,600 $225,400
2015 $4,014 $379,000 $153,600 $225,400
2014 $3,843 $379,000 $153,600 $225,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100474752

Hive MLS

APN: R05405-020-003-000

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