$2,490,000

Estimated payment $13,891/month

Total Views 1,489
24 Beds
18 Baths
9,792 Sq Ft
$254 Price per Sq Ft

Highlights

  • Attic
  • Thermal Windows
  • Accessible Entrance
  • No HOA
  • Porch
  • Luxury Vinyl Plank Tile Flooring

About This Home

Rare opportunity to acquire a portfolio of three newer duplexes (6 total units) in one of Wilmington's strongest rental corridors near UNCW, Wrightsville Beach, shopping, dining, and Wilmington International Airport. The portfolio consists of six 4-bedroom, 3-bathroom units with strong rental history and professional management systems already in place. Current gross income is approximately $169,200 annually with upside potential through future lease renewals and rent adjustments. Tenants pay utilities. Properties feature modern floor plans designed for shared occupancy and have benefited from numerous capital improvements and updates. Sale includes an additional parcel offering potential future development opportunities, subject to buyer due diligence and municipal approvals. Excellent opportunity for investors seeking immediate cash flow, strong occupancy history, and long-term appreciation potential in a highly desirable Wilmington location. Portfolio sale includes 271 S Kerr Ave, 4507 Greenway Ave, and 4515 Greenway Ave. Rent rolls, income statements, surveys, floor plans, and additional due diligence materials available upon request. Seller is a North Carolina Licensed Realtor.

Listing Agent

Mark Reiser

Coastal Properties License #268791 Listed on: 06/23/2026

Coastal Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2022

Lot Details

  • 36,590 Sq Ft Lot
  • Property fronts a state road

Parking

  • On-Site Parking

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 24 Bedrooms
  • 2-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Luxury Vinyl Plank Tile Flooring
  • Washer and Dryer Hookup
  • Attic

Schools

  • College Park Elementary School
  • Williston Middle School
  • New Hanover High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Accessible Entrance
  • Porch

Community Details

  • No Home Owners Association
  • 4 Units
  • College Park Subdivision
  • Park Manager: No

Listing and Financial Details

  • Assessor Parcel Number R04919-008-002-000

Property Details

Home Type

Multi-Family

Year Built

Built in 2022

Lot Details

0.84 Acres

Listing Details

  • Property Type: Residential Income
  • Secondary Subdivision: N/A
  • Year Built: 2022
  • Property Sub Type: Duplex
  • View: See Remarks
  • Original List Price: 2490000.00
  • Accessibility Features: Accessible Entrance
  • 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: 254.29
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: LVT/LVP
  • Interior Amenities: Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • Furnished: Unfurnished
  • Laundry Features: Dryer Hookup, Washer Hookup
  • Total Bedrooms: 24
  • Stories: 2
  • Window Features: Thermal Windows
  • Bathrooms Total Source: MLS
  • Bathrooms Total Notational: 18.00
  • Attic Features: Access Only

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: Other
  • Roof: Shingle
  • Road Frontage Type: See Remarks
  • Road Frontage Type: City Street, State Road, Paved
  • Road Surface Type: Paved
  • Waterfront?: No
  • Foundation Details: Slab
  • Patio And Porch Features: Porch

Garage/Parking

  • Has Attached Garage?: No
  • Has Attached Garage?: No
  • Parking Features: Asphalt, On Site

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Water Source: Public
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Fuel Tank Details: None
  • Sewer Provider: Municipal Sewer

Condo/Co-op/Association

  • Association Amenities: See Remarks
  • Has H O A?: No

Fee Information

  • Park Manager Name: No

Schools

  • Elementary School: College Park
  • High School: New Hanover
  • Middle Or Junior School: Williston

Lot Info

  • Deed Book: 6558
  • Deed Page: 1561.00
  • Zoning: R-5
  • Lot Size Acres: 0.84
  • Lot Size: Irregular
  • Lot Size Sq Ft: 36590.00
  • Parcel#: R04919-008-002-000
  • Cobra Zone Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2025
  • Tax Block: 1561
  • Tax Book Number: 6558
  • Tax Map Number: R04919-008-002-000
  • Tax Other Assessment Amount Frequency: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,875 $658,400 $133,600 $524,800
2024 $4,548 $522,800 $55,900 $466,900
2023 $466 $55,100 $55,100 $0
2022 $468 $55,100 $55,100 $0
2021 $472 $55,100 $55,100 $0
2020 $327 $31,000 $31,000 $0
2019 $327 $31,000 $31,000 $0
2018 $327 $31,000 $31,000 $0
2017 $327 $31,000 $31,000 $0
2016 $417 $37,600 $37,600 $0
2015 $398 $37,600 $37,600 $0
2014 $381 $37,600 $37,600 $0
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
06/23/2026 06/23/26 For Sale $2,490,000 -- $254 / Sq Ft
Source: Hive MLS

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 Type Sale Price Title Company
Warranty Deed $216,000 None Listed On Document
Deed -- --
Deed -- --
Deed -- --
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 Loan Amount Loan Type
Open $801,750 Credit Line Revolving
Closed $1,500,000 New Conventional
Source: Public Records

Source: Hive MLS

MLS Number: 100583829

Hive MLS

APN: R04919-008-002-000

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