400 Beasley Rd Wilmington, NC 28409
Hewlett’s Creek NeighborhoodEstimated payment $14,928/month
Highlights
- Combination Dining and Living Room
- Holly Tree Elementary School Rated A-
- 1-Story Property
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
Year Built
- Built in 2002
Lot Details
- Property is zoned R-15
Parking
- 6
Home Design
- Brick Exterior Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Combination Dining and Living Room
- Partial Basement
Schools
- Holly Tree Elementary School
- Hoggard High School
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 | $2,573 | $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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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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