400 Beasley Rd Wilmington, NC 28409
Beasley NeighborhoodEstimated payment $14,892/month
Highlights
- 4.36 Acre Lot
- No HOA
- Forced Air Heating System
- Holly Tree Elementary School Rated A-
- Porch
- Combination Dining and Living Room
About This Home
Turnkey 9-unit residential portfolio offered with roughly two additional contiguous acres of adjacent land in a prime infill location - total acreage of site is 4.36 ac. Fully leased and well-maintained, this stabilized income-producing asset presents both immediate cash flow and long-term upside. The property features a mix of unit types, some with garages, and sits within a strong rental submarket. The additional acreage offers excellent development potential for expansion, subdivision, or future redevelopment. A rare opportunity to acquire both rental income and infill land in a single package.Seller's are listing brokers and licensed NC Real Estate Brokers.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,831
Year Built
- Built in 2002
Lot Details
- 4.36 Acre Lot
- Property is zoned R-15
Home Design
- Brick Exterior Construction
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 1,302 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Basement
- Partial Basement
- Crawl Space
Parking
- 6 Garage Spaces | 2 Attached and 4 Detached
- Driveway
- Additional Parking
Schools
- Holly Tree Elementary School
- Roland Grise Middle School
- Hoggard High School
Additional Features
- Porch
- Forced Air Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R06120-007-018-000
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 |
|---|---|---|---|---|
| 2025 | $2,831 | $437,200 | $152,500 | $284,700 |
| 2024 | $2,831 | $325,400 | $112,900 | $212,500 |
| 2023 | $2,831 | $325,400 | $112,900 | $212,500 |
| 2022 | $2,766 | $325,400 | $112,900 | $212,500 |
| 2021 | $2,785 | $325,400 | $112,900 | $212,500 |
| 2020 | $2,476 | $235,000 | $75,000 | $160,000 |
| 2019 | $2,476 | $235,000 | $75,000 | $160,000 |
| 2018 | $2,476 | $235,000 | $75,000 | $160,000 |
| 2017 | $2,476 | $235,000 | $75,000 | $160,000 |
| 2016 | $2,200 | $198,600 | $75,000 | $123,600 |
| 2015 | $2,103 | $198,600 | $75,000 | $123,600 |
| 2014 | $2,014 | $198,600 | $75,000 | $123,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/12/2025 06/12/25 | For Sale | $2,800,000 | -- | $2,151 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Warranty Deed | $700,000 | None Available | |
| Deed | -- | None Available | |
| Deed | -- | -- | |
| Deed | $500,000 | -- | |
| Deed | $13,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $595,000 | Commercial |
Source: Hive MLS
MLS Number: 100513158
APN: R06120-007-018-000
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