$399,000

462 Racine Dr Unit 3 Units Wilmington, NC 28403

College Acres-Hillsdale Neighborhood

Estimated payment $2,863/month

Total Views 7,295
6 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • End Unit
  • Covered Patio or Porch
  • Forced Air Heating System
  • Community Pool
  • Tile Flooring
  • Coin Laundry

About This Home

Great Opportunity to purchase a portfolio of Campus Edge Units. 3 separate units with 2 bedrooms and 2 bathrooms each in different buildings A, B & C, all located near the community Pool, front office and coin laundry facility. A short distance to UNCW, College Road Shopping Dining and easy access to Downtown or Wrightsville Beach! Please note traditional financing is unlikely an option with investor ratio. Only one person allowed per bedroom and leases are 6 months minimum, no Short Term Rentals.

Listing Agent

Keith Beatty

Intracoastal Realty Corp License #C37146 Listed on: 08/18/2025

Intracoastal Realty Corp

Co-Listing Agent

Drew Pittman

Intracoastal Realty Corp License #207815

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

HOA Fees

  • $357 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Triplex
  • Slab Foundation
  • Stucco

Interior Spaces

  • 6 Bathrooms
  • 3-Story Property

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Home Security

  • Pest Guard System
  • Termite Clearance

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • End Unit
  • Interior Unit

Listing and Financial Details

  • Assessor Parcel Number R05508-002-015-131

Community Details

Overview

  • Master Insurance
  • Campus Edge Condominiums Association, Phone Number (910) 395-6001
  • Campus Edge Subdivision
  • Maintained Community

Amenities

  • Coin Laundry

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

HOA Fees

$357 per month

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Triplex
  • Cobra Zone: No
  • Construction: Block
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 1st Floor, Interior, End Unit, 2nd Floor
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: LVT/LVP, Tile
  • Interior Amenities: None
  • List Price per Sq Ft: 190.00
  • Total Bathrooms: 6.00
  • Number Bedrooms Total: 6

Exterior Features

  • Exterior Finish: Stucco
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Patio
  • Roof: See Remarks
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Parking Lot

Utilities

  • Appliances Equipment: Electric Oven, Refrigerator
  • Cooling System: Central Air, Heat Pump
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Utilities: Sewer Connected, Water Connected
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric
  • Sewer: County Sewer
  • Water Source: County Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Coin Laundry, Sewer, Water, Trash, Termite Bond, Street Lights, Pest Control, Roof Maintenance, Maint - Grounds, Master Insure, Maintenance Structure, Community Pool
  • Property Mgmt Company: Yes
  • HOAAssociationFee1Year: 4282.12
  • HOAAssociationName: Campus Edge Condominiums
  • HOAAssociationPhone: 9103956001

Lot Info

  • Deed Page: 2811.00
  • Lot Dimensions: Condominium
  • Special Assessments: none Known
  • Zoning: MF-H

Tax Info

  • Tax Identifier: R05508-002-015-131
  • Tax Year: 2025

MLS Schools

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

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2025 08/18/25 For Sale $399,000 -- --
Source: Hive MLS

Source: Hive MLS

MLS Number: 100525669

Hive MLS
North Carolina New Hanover County Wilmington 28403 College Acres-Hillsdale

462 Racine Dr Unit 3 Units, Wilmington, NC

For Sale

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Hive MLS 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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Keith Beatty
Listing Agent
Keith Beatty
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Intracoastal Realty Corp
(472) 218-0020