Wilmington NC Multi-Family Real Estate, Homes for Sale

Rare opportunity in the desirable Carolina Place neighborhood! 1920 Pender Ave offers something you don't find often- three income producing units all on one property. Situated on a corner lot, the property features a main residence along with a separate duplex/ADU, with all three units currently tenant occupied and generating rental income. For investors, this is a great opportunity to add multiple rental units to your portfolio with one purchase. It could also be a great fit for an owner-occupant looking to live in the main home while continuing to generate rental income from the additional units. Located just minutes from Downtown Wilmington, the property offers convenient access to some of the area's best dining, shopping, entertainment, and local favorites. With an established rental history, multiple income-producing units, and a location that's hard to beat, 1920 Pender Ave offers a level of versatility that is becoming increasingly difficult to find in Wilmington. Whether you're looking for your next investment or a home with additional income potential, this one is definitely worth a look!

1920 Pender Ave, Wilmington

$420,000

4 Beds ⋅ 2 Baths ⋅ 100593391 MLS

Entered for the comp purposes only. Rare opportunities like this don't come around often. This charming duplex features two one-bedroom, one-bathroom units, making it an excellent investment opportunity or owner-occupant property. Both units share a convenient laundry space and enjoy access to a quaint backyard that's perfect for relaxing or entertaining.

214 S 8th St, Wilmington

$250,000

100592941 MLS

Investor and builder opportunity! Situated on a 0.21-acre R-3 zoned lot, this property offers outstanding redevelopment potential with the possibility for higher-density residential development. Buyer to independently verify all zoning, permitted uses, density, setbacks, and development potential.

815 S 5th Ave, Wilmington

$579,000

6 Beds ⋅ 4 Baths ⋅ 100588250 MLS

SELLER FINANCE OPPORTUNITY- Rare opportunity to purchase a move-in-ready duplex with immediate rental income and owner-occupant potential in a convenient Wilmington location. Each unit features 3 bedrooms, 2 bathrooms, an attached one-car garage, luxury vinyl plank flooring throughout unit 421, carpet and LVP in 423, low-maintenance vinyl siding, and a private fenced courtyard. The left unit is vacant and move-in ready, making it an excellent opportunity for an owner-occupant looking to offset their mortgage with rental income. The right unit is currently leased at $1,750 per month to solid long term tenants, providing immediate cash flow from day one. Lease renewed until 4/30/27. Situated on a corner lot with easy access to shopping, dining, downtown Wilmington, and Carolina Beach, this property offers broad appeal for homeowners, investors, and those looking to house hack. Seller financing may be available with a substantial down payment, offering additional flexibility for qualified buyers. A solid option for building equity while generating income or adding a low-maintenance property to your investment portfolio.

421 Horn Rd, Wilmington

$539,999

4 Beds ⋅ 4 Baths ⋅ 100587984 MLS

Discover a rare opportunity to own a versatile property on an approximately half-acre lot with no HOA, offering the perfect blend of comfortable living, flexible space, and outstanding income potential. The main residence features 3 bedrooms, a dedicated office, 2 full bathrooms, and an attached 1-car garage. Recent updates include a new roof (2024) and a tankless water heater. The spacious primary suite is complemented by a stunning addition featuring soaring wood-lined ceilings, a private shower, and its own half bath, creating the perfect retreat. The expansive kitchen offers abundant counter space, custom cabinetry, and an oversized walk-in pantry, while the dining area flows seamlessly into the living room beneath impressive vaulted ceilings. Step outside to enjoy the fenced patio complete with a fire pit--an ideal setting for entertaining family and friends. Adding even more value is the fully equipped 1-bedroom, 1-bath accessory dwelling unit (ADU) with its own attached 1-car garage. Whether you're looking for an in-law suite, private guest accommodations, a home office, or a rental opportunity, this separate living space provides exceptional flexibility and the potential for supplemental income. The property also includes a large detached wooden workshop that's perfect as a man cave, she shed, hobby space, or studio, along with an additional storage shed for even more functionality. Ideally located on Pine Grove Drive, you'll enjoy quick access to some of Wilmington's most popular destinations, including Long Leaf Park, The Veggie Wagon, Wrightsville Beach, and the new Target, all just minutes away. Shopping, dining, recreation, and everyday conveniences are right at your fingertips. With its spacious homesite, no HOA, detached ADU, and highly desirable central location, this one-of-a-kind property offers a rare combination of lifestyle, flexibility, and investment potential.

1107 Pine Grove Dr, Wilmington

$425,000

100586862 MLS

Opportunities for centrally located infill development in Wilmington continue to become increasingly limited, particularly in areas surrounding Downtown and Midtown where demand for housing, rental product, and commercial growth remains strong. 1110 N 4th Street and 1112 N 4th Street offer approximately 0.22 acres of flexible development potential in locations that continue to attract both investors and end users seeking long-term value in one of coastal North Carolina's fastest-growing markets. Architectural plans have been completed for a mixed-use development featuring 21 total units, including 20 residential units and 1 commercial space.

1110 N 4th St, Wilmington

$600,000

100586857 MLS

This fully entitled development site presents a rare opportunity to move directly into construction. Plans have been completed for a mixed-use building consisting of 10 residential units and 1 commercial space, allowing for a well-balanced income stream. The property has already undergone significant pre-development work, including completed site clearing and grading, installed utilities, and paid tree mitigation fees. With an active building permit in place, this offering significantly reduces timeline risk and carrying costs, positioning it as a highly efficient and shovel-ready investment.

818 S 5th Ave, Wilmington

$1,415,000

12 Beds ⋅ 8 Baths ⋅ 100585367 MLS

Multi-family investment opportunity available in Wilmington's Midtown area. Built in 2022, this property consists of two duplex-style buildings, totaling four condominium units, with renters currently in place. Each two-story unit offers 1,501 square feet of thoughtfully designed living space, along with a 473 square foot two-car garage. Every unit features three bedrooms, including a spacious primary suite with vaulted ceilings and a spa-inspired bathroom. The additional bedrooms provide comfortable living space, abundant natural light, stylish finishes, and generously sized closets. The second floor includes a full-size laundry area and ample storage throughout. The main living level features an open-concept design, with natural light flowing through the large living room into the dining area and modern kitchen. Each unit also offers access to a covered front porch or patio, providing additional outdoor living space. Each home includes all appliances and features custom design selections with upgraded finishes throughout, including wood cabinetry and granite countertops. Conveniently located near the river, downtown Wilmington, area beaches, entertainment venues, museums, art districts, restaurants, shopping, and more, this property presents an excellent investment opportunity. With renters already in place and continued demand for housing, this development offers strong potential for steady rental income and long-term investment value.

2852 Worth Dr, Wilmington

$215,000

100584906 MLS

Rare opportunity on this triplex corner lot in sunset park! This lot offers the possibility to build-to-rent and create your own very attractive cap rate. Previous house has been torn down, and based on the lot sq footage the lot may qualify for a duplex, triplex, or Home with an ADU (buyer to verify city zoning). Existing 4 inch sewer tap and existing water line are capped at the street and can be re used for duplex or a house with ADU. Triplex may require the utility taps to be upsized (Buyer to verify with CFPUA). This lot is conveniently located on the corner of Adams and Bell St, and offers versatility with potential for side entrance for parking making it perfect for your ideal triplex or Home with Garage apartment layout.

2425 Adams St, Wilmington

$599,000

4 Beds ⋅ 2 Baths ⋅ 100583909 MLS

Do not miss this beautiful duplex in the heart of Wilmington's stunning historic district. This lovely home has been divided into two two bedroom, one bath units, each with their own private back deck and access to the spacious backyard, but it could easily be converted back into a stately single home. With metal roof, high ceilings, large windows, great light, updated kitchens and bathrooms, it is easy walking distance to all that downtown has to offer, yet tucked away on a quiet sleepy street among the other historic beauties. Here is your chance to grab it up before someone else does. The upstairs unit is currently rented for $1650/month and the downstairs unit was rented until recently. This can also be a smart investment property, good for solid long term rentals or quicker turn around.

608 Orange St, Wilmington

$2,249,000

24 Beds ⋅ 18 Baths ⋅ 100583829 MLS

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.

4515 Greenway Ave, Wilmington

$399,000

4 Beds ⋅ 2 Baths ⋅ 100580618 MLS

Exceptional opportunity in Wilmington's sought-after Castle Street Arts & Antiques District! This duplex offers endless potential for investors, renovators, or owner-occupants looking to live in one unit while generating rental income from the other. The lower-level unit features 2 bedrooms, 1 full bath, a kitchen, and two decorative fireplaces in the living room that add character and charm. The upper-level unit offers 2 bedrooms, 1 full bath, office, living room, kitchen, and private access to the shared laundry area via an interior staircase. Both units have separate electric meters, providing flexibility for future use and management. This is a value add opportunity. The off-street parking adds convenience. And the street is brick so super charming! This home has income producing potential and located just minutes from downtown Wilmington, restaurants, shopping, galleries, and entertainment, This property is ready for its next chapter. The home does require significant updating and TLC, making it an ideal project for those looking to restore, renovate, or reimagine a property in one of Wilmington's most vibrant and historic districts. Being sold as-is.

623 S 6th St, Wilmington

$100,000

100434802 MLS

Northside lot available. Walking distance to Live Oak Pavilion, restaurants, downtown, marina. Can build a duplex or single family home.

N 6th St, Wilmington

$130,000

100443559 MLS

418 & 416 N 13th Street - two parcel development opportunity. Bank owned - two parcels being sold together to maximize development opportunity. Total acreage for 418 & 416 is 0.27, with potential to build duplex/quadplex if combined. Zoned R-5.

418 N 13th St, Wilmington

$650,000

100579979 MLS

Three land parcels(803,805 and 807 Castle Street)consisting of approximately 11,979 square feet located on Castle Street. Property is zoned UMX and is right in the middle of a number of development projects. The property is central to the Castle Arts District, close to downtown, Soda Pop and Cargo Districted The UMX zoning opens up the mixed use opportunity for this high visible corner lot assembly.

805 Castle St, Wilmington

$275,000

4 Beds ⋅ 2 Baths ⋅ 100578989 MLS

Attention investors and house-hackers! Welcome to 2825 & 2827 Penn Street, a highly desirable side-by-side duplex located in the heart of Wilmington, NC. This rare, low-maintenance income property features two distinct units, making it the perfect addition to any real estate portfolio or an ideal opportunity to live in one side and rent out the other. Each unit boasts a functional layout with classic hardwood flooring, separate utility meters, and a spacious shared yard. Situated in a quiet, established neighborhood with no HOA restrictions, this property offers incredible ease of management and maximum rental flexibility. Enjoy a stellar location just minutes from Downtown Wilmington's historic Riverfront, local dining, shopping, and major transit routes. With a strong historical rental market in the area and immediate cash-flow potential, this duplex is a true ''set-it-and-forget-it'' investment. Opportunities like this on Penn Street don't last long--schedule your tour today and start building equity!

2827 Penn St, Wilmington

$649,900

8 Beds ⋅ 4 Baths ⋅ 100578967 MLS

Rare opportunity! This is 1 of 8 Duplexes in downtown Wilmington next to a new home development in Love Grove for sale. The 8 unit duplex package can be broken up or sold in smaller or one big package. Each Duplex is listed for 650k with the ability to buy individually or all together. You can really see the time and effort the developer/builder/owner put into making and creating this perfect portfolio compound of major cash flow! If buying only 1 duplex you will have 2 units that each side has 4 bedrooms 2 full bathrooms, fenced in backyard on each side and private driveway on each side. If you get all 8 Duplexes which breaks down to be 16, 4 bedroom 2 bath units with 1,548 Sqft per unit for a total of 24,768 sqft, 64 bedrooms, 32 bathrooms. All 8 duplexes are side by side and all in a row on the same street. Each duplex is on its own parcel. Every unit has their own driveway and fenced in backyard. There is also a storage unit in the back of every unit. Granite counter tops, stainless steel appliances water proof flooring and so many great features. Floor plans reads 1 bedroom down stairs and 3 upstairs. Floor plans and specs are attached to the mls or can be provided upon request. We have left some vacant and some occupied to help give a variety to all types of buyers/investors. They can be rented easily. Every lease is government backed and guaranteed through Sec8 program. Each tenant had to meet criteria of no previous evictions, no felonies, strong reference from past landlords and wanted to stay at the property for many years after initial lease period. They do not have to be sec8 if not wanted. Currently total rental income a month PER DUPLEX is 5300 a month for one duplex or 43,200 for all 8 duplexes per MONTH. This opportunity gives you the chance to own 1-8 almost new multifamily properties in a fantastic area in one of the fastest growing cities in the country with an even better return. Easy to manage, fully occupied if wanted and like new! Reach out for a private tour or for more information

1411 Corbett St Unit A&B, Wilmington

$649,900

8 Beds ⋅ 4 Baths ⋅ 100577979 MLS

Rare opportunity! This is 1 of 8 Duplexes in downtown Wilmington next to a new home development in Love Grove for sale. The 8 individual duplex package can be broken up or sold individually or one big package. Each Duplex is listed for 649,900k with the ability to buy individually or all together. You can really see the time and effort the developer/builder/owner put into making and creating this perfect portfolio compound of major cash flow! If buying only 1 duplex you will have 2 units that each side has 4 bedrooms 2 full bathrooms, fenced in backyard on each side and private driveway on each side. If you get all 8 Duplexes which breaks down to be 16, 4 bedroom 2 bath units with 1,548 Sqft per unit for a total of 24,768 sqft, 64 bedrooms, 32 bathrooms. All 8 duplexes are side by side and all in a row on the same street. Each duplex is on its own parcel. Every unit has their own driveway and fenced in backyard. There is also a storage unit in the back of every unit. Granite counter tops, stainless steel appliances water proof flooring and so many great features. Floor plans reads 1 bedroom down stairs and 3 upstairs. Floor plans and specs are attached to the mls or can be provided upon request. We have left some vacant and some occupied to help give a variety to all types of buyers/investors. They can be rented easily. Every lease is government backed and guaranteed through Sec8 program. Each tenant had to meet criteria of no previous evictions, no felonies, strong reference from past landlords and wanted to stay at the property for many years after initial lease period. They do not have to be sec8 if not wanted. Currently total rental income a month PER DUPLEX is 5300 a month for one duplex or 43,200 for all 8 duplexes per MONTH. This opportunity gives you the chance to own 1-8 almost new multifamily properties in a fantastic area in one of the fastest growing cities in the country with an even better return. Easy to manage, fully occupied if wanted and like new! Reach out for a private tour or for more information

1415 Corbett St Unit A&B, Wilmington

$649,900

8 Beds ⋅ 4 Baths ⋅ 100577978 MLS

Rare opportunity! This is 1 of 8 Duplexes in downtown Wilmington next to a new home development in Love Grove for sale. The 8 individual duplex package can be broken up or sold individually or one big package. Each Duplex is listed for 649,900k with the ability to buy individually or all together. You can really see the time and effort the developer/builder/owner put into making and creating this perfect portfolio compound of major cash flow! If buying only 1 duplex you will have 2 units that each side has 4 bedrooms 2 full bathrooms, fenced in backyard on each side and private driveway on each side. If you get all 8 Duplexes which breaks down to be 16, 4 bedroom 2 bath units with 1,548 Sqft per unit for a total of 24,768 sqft, 64 bedrooms, 32 bathrooms. All 8 duplexes are side by side and all in a row on the same street. Each duplex is on its own parcel. Every unit has their own driveway and fenced in backyard. There is also a storage unit in the back of every unit. Granite counter tops, stainless steel appliances water proof flooring and so many great features. Floor plans reads 1 bedroom down stairs and 3 upstairs. Floor plans and specs are attached to the mls or can be provided upon request. We have left some vacant and some occupied to help give a variety to all types of buyers/investors. They can be rented easily. Every lease is government backed and guaranteed through Sec8 program. Each tenant had to meet criteria of no previous evictions, no felonies, strong reference from past landlords and wanted to stay at the property for many years after initial lease period. They do not have to be sec8 if not wanted. Currently total rental income a month PER DUPLEX is 5300 a month for one duplex or 43,200 for all 8 duplexes per MONTH. This opportunity gives you the chance to own 1-8 almost new multifamily properties in a fantastic area in one of the fastest growing cities in the country with an even better return. Easy to manage, fully occupied if wanted and like new! Reach out for a private tour or for more information

1501 Stanley St Unit A&B, Wilmington

$649,900

8 Beds ⋅ 4 Baths ⋅ 100577977 MLS

Rare opportunity! This is 1 of 8 Duplexes in downtown Wilmington next to a new home development in Love Grove for sale. The 8 individual duplex package can be broken up or sold individually or one big package. Each Duplex is listed for 649,900k with the ability to buy individually or all together. You can really see the time and effort the developer/builder/owner put into making and creating this perfect portfolio compound of major cash flow! If buying only 1 duplex you will have 2 units that each side has 4 bedrooms 2 full bathrooms, fenced in backyard on each side and private driveway on each side. If you get all 8 Duplexes which breaks down to be 16, 4 bedroom 2 bath units with 1,548 Sqft per unit for a total of 24,768 sqft, 64 bedrooms, 32 bathrooms. All 8 duplexes are side by side and all in a row on the same street. Each duplex is on its own parcel. Every unit has their own driveway and fenced in backyard. There is also a storage unit in the back of every unit. Granite counter tops, stainless steel appliances water proof flooring and so many great features. Floor plans reads 1 bedroom down stairs and 3 upstairs. Floor plans and specs are attached to the mls or can be provided upon request. We have left some vacant and some occupied to help give a variety to all types of buyers/investors. They can be rented easily. Every lease is government backed and guaranteed through Sec8 program. Each tenant had to meet criteria of no previous evictions, no felonies, strong reference from past landlords and wanted to stay at the property for many years after initial lease period. They do not have to be sec8 if not wanted. Currently total rental income a month PER DUPLEX is 5300 a month for one duplex or 43,200 for all 8 duplexes per MONTH. This opportunity gives you the chance to own 1-8 almost new multifamily properties in a fantastic area in one of the fastest growing cities in the country with an even better return. Easy to manage, fully occupied if wanted and like new! Reach out for a private tour or for more information

1409 Corbett St Unit A&B, Wilmington

$1,175,000

6 Beds ⋅ 4 Baths ⋅ 100577580 MLS

Look no further for a fabulous place to call home, generate income with an investment property, or both! Located in the heart of the Historic District, this architectural gem has been thoughtfully renovated to preserve its original charm. Each unit in this beautifully restored duplex boasts three spacious bedrooms with decorative fireplaces and two new amazing bathrooms with fully tiled walk-in showers. The stunning kitchens, complete with ceramic tiled backsplashes, are sure to please with all new stainless steel appliances. Every room in this stunning duplex has been freshly painted and new LVP flooring installed throughout (ProFloor by ProSelect Design.) No detail has been overlooked! Make this home yours and soon you'll be sitting on the spectacular front porch watching the horse-drawn carriages pass by. Just steps from Wilmington's vibrant Riverwalk, restaurants, and shops, this home is perfectly situated for those who want to immerse themselves and their guests in the best of downtown living.

403 Dock St, Wilmington

$699,000

5 Beds ⋅ 4 Baths ⋅ 100577493 MLS

**Buyer incentive available! When using the preferred lender, qualified buyers may receive a lender-paid 1-0 temporary interest rate buydown, subject to loan approval, program eligibility, and lender terms.** Welcome to 322 Lance Drive where space, flexibility, and location come together in a way that's hard to find. This 5-bedroom, 3.5-bath, three-story home is tucked into a quiet, wooded setting just minutes from Mayfaire and neighboring the highly sought-after Landfall area, offering a rare blend of privacy and convenience. The location continues to impress with its proximity to the future Avenue development, Wilmington's first true live-work-play destination. As this transformative project takes shape, it's expected to elevate the surrounding area and enhance long-term value. With plans for nearby improvements, including the eventual removal of the Westwood trailers, the setting is only becoming more attractive over time. Adding to its appeal, the home is offered with a home warranty and an option for an assumable VA loan at an incredible 2.25% interest rate. Inside, the home is filled with natural light and thoughtful details throughout; hardwood floors, plantation shutters, and custom millwork create a warm, elevated feel. The kitchen is designed to function as the heart of the home, featuring granite countertops, stainless steel appliances, a breakfast bar, walk-in pantry, and built-in seating, ideal for both everyday living and entertaining. A full reverse osmosis system provides clean, purified water throughout. The main living area is anchored by a fireplace with a striking mantel, while a tucked-away office just off the living room offers a quiet, private workspace when needed. The primary suite is conveniently located on the main level, complete with a spacious walk-in closet and dual vanity bath. Upstairs, you'll find three additional bedrooms and a well-appointed full bath with double vanities. One bedroom features a charming bonus ''kid cave'' play nook, while another is currently set up as a craft room but easily functions as a traditional bedroom. Ample storage continues with two walk-in attic spaces, adding practicality without sacrificing charm. The lower level offers incredible versatility, complete with its own kitchen, private entrance, laundry room, bedroom, full bath and separate living space; ideal for guests, extended family, or potential income-producing use. Outdoor living is just as inviting, with a generous 22x16 covered porch perfect for relaxing or entertaining. An attached garage plus a detached two-car garage provide plenty of room for vehicles, storage, and hobbies alike. This is a home that adapts to the way you live--today and into the future--while positioning you in one of Wilmington's most exciting and evolving areas.

322 Lance Dr, Wilmington

$359,900

3 Beds ⋅ 3 Baths ⋅ 100574400 MLS

Rare Wilmington property featuring a charming cottage-style main house plus detached ADU tucked away on a private wooded lot in central Wilmington. The main home blends classic character with thoughtful updates including updated flooring, paint, fixtures, kitchen improvements, and exterior enhancements while maintaining its original cottage charm. The detached ADU offers excellent flexibility for rental income, guest space, multi-generational living, home office use, or house-hack potential. The main house was recently rented for $2,000/month and the detached ADU was recently rented for $1,000/month. Enjoy the peaceful setting complete with mature trees, covered front porch, wooded privacy, and a unique retreat-like feel just minutes from UNCW, Mayfaire, Wrightsville Beach, shopping, dining, and downtown Wilmington. A rare opportunity to own a versatile income-producing property with character, flexibility, and strong rental potential in a highly convenient Wilmington location. Owner is a licensed North Carolina real estate agent.

109 Pine Clay Rd, Wilmington

$479,000

4 Beds ⋅ 2 Baths ⋅ 100573651 MLS

Located in the heart of downtown Wilmington, this beautifully refreshed upstairs/downstairs duplex blends historic character with thoughtful modern improvements and unbeatable convenience. Full of charm and original detail, the property has been carefully updated while preserving the craftsmanship that makes this downtown Wilmington home so special. Recent improvements include refinished heart pine floors, restored original woodwork and trim, fresh interior paint, crawlspace and attic insulation upgrades, exterior restoration work, porch refinishing, and landscaping improvements. Thoughtfully restored with attention to detail, the home showcases the timeless character and quality rarely found today. Located just minutes from the vibrant Soda Pop District, local coffee shops, breweries, restaurants, and downtown shopping, this property offers incredible walkability and convenience. Whether you are looking to expand your investment portfolio or own a piece of one of Wilmington's most desirable and growing downtown areas, this duplex presents a rare opportunity with timeless charm and strong long-term appeal.

108 N 8th St, Wilmington

$1,075,000

5 Beds ⋅ 3 Baths ⋅ 100570893 MLS

Unique opportunity to own a three unit investment property in historic downtown Wilmington. Timeless charm meets modern updates in the Cumming-Taylor House, a stunning Queen Anne residence built in the late 1800's and ideally situated on a quiet brick-lined street in the heart of the historic district. Rich in character and thoughtfully updated, the home welcomes you with a wraparound front porch leading into a formal foyer. Inside, you'll immediately notice soaring ceilings, hardwood floors, and intricate trim work that reflect the craftsmanship of the era. The property is configured into three separate units: the first and second floors each offer spacious two bedroom, one bath apartments, while the third floor features a charming one bedroom, one bath unit. An ideal set up for maximizing rental income and cash flow. Each unit enjoys access to private outdoor spaces, including porches or decks, along with a generously sized fenced backyard. Off-street parking, a rare find in downtown, adds to the property's rental appeal for both short-term and vacation guests. Located just blocks from the riverwalk, restaurants, shops, and local attractions, this property presents an excellent opportunity as an high-income producing asset for either short term or long term rentals with an established rental history and strong guest reviews.

308 Church St, Wilmington

$1,019,999

4 Beds ⋅ 4 Baths ⋅ 100569336 MLS

Fabulous INVESTMENT property! Off-street parking! Top 10-percent Airbnb Rated property generating over $110k in 2025! Amazing 2025 Occupancy Rates: Unit A (2 bedroom) 93%, Unit B (1 Bedroom with balcony) 92%, Unit C (1 bedroom) 81%. This turnkey Triplex beautifully updated with modern amenities while keeping its historic charm. Original heart pine floors, fireplace mantels, crown moldings and solid wood doors take you back in time. Separate Laundry room located on the 1st floor for the Cleaning Service. Each unit comes fully furnished and accessorized to accommodate future bookings already in place (as of July 2nd: over 300 days booked for the remainder of 2026!). Added benefit: 2 car garage plus off-street parking! Located in Wilmington's Historic District and in walking distance riverwalk, restaurants and shops. Don't miss out on this spectacular opportunity!

317 S 3rd St, Wilmington

$335,000

4 Beds ⋅ 2 Baths ⋅ 100568677 MLS

This well-maintained duplex offers a perfect blend of immediate rental income and owner-occupant potential. Featuring two mirrored layouts and significant recent upgrades, this property is a standout addition to any portfolio. Each of the two units features a functional, space-efficient floor plan. Each unit features 2 bedrooms, 1 bathroom with a kitchen and living room. One unit is currently rented out to a very long term 20+year tenant. The other unit is rent ready and features new stainless steel appliances, butcher block countertops, new kitchen cabinets, and new flooring. The roof was replaced in mid 2022. This property is ideal for an investor looking for 2 units for cashflow or ''house hackers'' who want to occupy one side and use the other unit for rental income. Don't miss out on this versatile multi-family gem--schedule your showing today!

2803 Chappell Ave, Wilmington

$470,000

2 Beds ⋅ 2 Baths ⋅ 100567987 MLS

LOCATION, LOCATION, LOCATION. Within the Wrightsville Beach bubble Dogwood Drive is a bike ride to the beach and Mayfaire. The duplex has one bed, one bath on each side with potential income of $2800 per month. One side is currently rented through 7.31.26 for $1250 per month. The second side is vacant and will remain vacant for the new owner. The lot is 130X192 with plenty of room for an executive style new home with a separate garage apartment if you want to maintain rental income or guest accommodation.

145 Dogwood Dr, Wilmington

$556,000

6 Beds ⋅ 4 Baths ⋅ 100567003 MLS

$7,500 USE-AS-YOU-CHOOSE... and yes, you can live here AND have income coming in. If you've been waiting for a home that actually makes sense, this is it. 327 Pinecliff Drive gives you a 4-bedroom main home with hardwood floors, plantation shutters, a wood-burning fireplace, and a layout that just feels right. The kitchen is updated with granite counters and white cabinets. There's formal dining, a cozy breakfast nook, and a sunroom perfect for winding down. Hurricane shutters and a whole-house generator are already in place. Now here's the part most homes don't have... Two separate 1-bedroom apartments, each with a private entrance and full kitchen. Both are already rented, so you have income from day one. Live in the main home and let the extra units help cover your expenses. This property may also qualify for FHA and VA financing, making it easier to get into something like this. No HOA and a mid-town location close to shopping, dining, UNCW, ILM, downtown, and the beaches. If you want a primary home with built-in income or a smart addition to your portfolio, this one stands out. Message me for details or a showing before it's gone.

327 Pinecliff Dr, Wilmington

$1,065,000

8 Beds ⋅ 6 Baths ⋅ 100566904 MLS

Exceptional multi-unit investment opportunity just 1.3 miles from UNCW and only 3 miles to Wrightsville Beach. This is a premier offering in one of Wilmington's most proven, high-demand rental corridors, an opportunity that is increasingly hard to find at this price point. Positioned on the corner of Wrightsville Ave and Andover Road, the property offers direct access to the Cross City Trail and easy bike or walking distance to UNCW, an ideal location that consistently attracts tenants and supports strong occupancy. Situated on a generous 0.69-acre parcel, the property features four units across two thoughtfully designed duplex-style cottages. Each building includes a 3 bed/2 bath residence in the front and a private 1 bed/1 bath unit in the rear, an efficient layout designed to maximize rental income while appealing to a wide tenant base. The 3-bedroom units offer high ceilings, an open-concept design, and a split-bedroom floor plan that provides both functionality and privacy, perfect for shared living arrangements. The 1-bedroom units are well-appointed with private entry porches, ample storage, and one includes a fully fenced backyard, adding even more tenant appeal. All units are equipped with washer and dryer, stainless steel appliances, and granite countertops, delivering a clean, modern finish that supports strong rental rates. Built in 2018 by SD Construction Group, the property was designed for long-term durability and ease of ownership, featuring vinyl siding, vinyl plank flooring throughout, and paved parking. A dedicated parking space for every bedroom is a major advantage, making the property highly functional and desirable for tenants. This is a true turnkey, income-producing asset, fully leased with a proven track record of little to no vacancy since entering the rental market. The combination of location, layout, and low-maintenance construction creates a reliable, high-performing investment. Whether you are a UNCW parent looking to offset ownership costs or an investor seeking a stable, cash-flowing 4-unit property in a prime Wilmington location, this opportunity checks all the boxes.

5727&5731 Wrightsville Avenue, Wilmington

$322,000

5 Beds ⋅ 2 Baths ⋅ 100565058 MLS

This prime real estate opportunity in Downtown Wilmington, NC features a duplex with 3 bedrooms and 1.5 bathrooms in one unit and 2 Bedroom and 1 bath in the other. . Located in a high-demand area, this property is ideal for investors seeking robust rental yields or owner-occupants looking to live in one unit while generating income from the other.

509 Walnut St, Wilmington

$1,065,000

9 Beds ⋅ 4 Baths ⋅ 100564998 MLS

Turnkey 4-unit investment opportunity featuring two duplexes on adjacent lots (sold together). Rare ''quad'' setup ideal for investors seeking immediate cash flow and portfolio expansion. Unit mix includes: one 3BR/2BA, one 2BR/2BA, one 2BR/1BA, and one 3BR/3BA. Property offers off-street parking and garage. Located on a corner lot with O&I zoning, providing flexibility for continued residential use or potential conversion to other permitted uses (buyer to verify). Currently fully income-producing. Conveniently situated near hospital, shopping, businesses, and beaches--strong rental demand area. Great opportunity for investors looking for stable income with upside potential.

1425 Wellington Ave, Wilmington

$859,000

6 Beds ⋅ 4 Baths ⋅ 100564082 MLS

A rare opportunity to own a 2-unit building WALKIG DISTANCE to Live Oak amphitheater & all the best downtown attractions. The property next door at 810 N 5th just SOLD for $1,042,000....808 N 5th has same number of bedrooms & bathrooms. 808 N 5th also has much more off-street parking, big backyard & Unit # 1 is already fully furnished! Yet, we are priced significantly lower than the sale price for property next door! Great 1031 opportunity! Huge cash flow opportunities. Many options: Live in one unit & Airbnb one. Or rent both. Many beautiful renovations were just completed at 808 N 5th including: A completely NEW KITCHEN with HUGH QUARTZ ISLAND, new cabinets, backsplash, pendant lighting, new appliances, all freshly refinished hardwood floors, new bathrooms with new vanities, lighting, fixtures , floors, & many more renovations. Unit #1 is fully furnished! It's a ''TURKEY AIRBNB'' ready to go. It's nicely furnished & has everything you need. Easy to show... Come see all the new renovation... OUTSTANDING LOCATION in the Brooklyn Arts District, walking distance to all great downtown amenities: restaurants, concert venues, Riverwalk, Cape Fear Community College, parks marinas, breweries , the social district, etc... Built in the early 2000s these units have all the modern features that newer properties offer like open floor plans & suites w/ baths. Unlike many other downtown homes that are over 100 years old, & have many ''old house'' problems, this one was built in the 2000s to modern building codes & standards. VERY LOW MAINTENANCE 2-unit property. Each unit has 3 bedrooms & 2 baths. Some highlights include new kitchen, quartz countertops, new vanities, refinished hardwoods, new lighting, tons of off-street parking, a giant Charleston-Style Porch, suites w/ baths/ walk-in closets, tons of off-street parking, hardwood & LVP flooring, no carpet, full laundry room, an opportunity to build a detached garage, an amazing porch that looks down beautiful tree-lined 5th Ave & a big backyard! This property was designed & built as a modern 2-unit building. This is NOT like many other homes downtown that were single-family homes, an ''cut-up / converted'' into 2 awkward units. This was built as a 2-unit building. As mentioned, the home next door sold for $1,042,000. Many options are available with this 2-unit building. Unit #1 fully ready to go Airbnb! A similar, actively managed Airbnb single unit on the street grossed over $48,000 in a prior year! Just for one unit. Current owner had a medium-term rental in Unit #1 for $3500 per month before all the recent renovations. So, it has even more potential now! Unit #2 has active cash flow. It has a great tenant that can stay, or go after couple months. There is great options & flexibility here! Live in one unit & rent one; use one unit for Airbnb and rent Unit 2 long-term; or rent both for short / medium term. Rare opportunity to own a modern 2-unit building downtown in one of the best locations... Walking distance to everything.... This one won't last long...Come see today while we are keeping the furnished unit vacant for serval weeks for showings....Very easy to show....Call for more details & info.

808 N 5th Ave, Wilmington

$548,000

5 Beds ⋅ 2 Baths ⋅ 100563621 MLS

Historic duplex in downtown Wilmington. Sale entered for comparable purposes only.

313 Mcrae St, Wilmington

$695,000

6 Beds ⋅ 4 Baths ⋅ 100563459 MLS

This four-unit income-producing property is ideally located in the Historic Mixed-Use District of downtown Wilmington, just blocks from the Riverwalk and within close proximity to shopping, dining, entertainment, and local businesses. The fully leased building features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, providing steady rental income. With strong occupancy already in place, this property presents an excellent investment opportunity. There is significant upside potential for increased returns through strategic upgrades and improvements, making it an ideal option for investors looking to add value in a prime downtown location.

407 Red Cross St, Wilmington

$557,000

3 Beds ⋅ 2 Baths ⋅ 100561193 MLS

Turn-Key Duplex in Wilmington's Historic District Rare opportunity to own a turn-key duplex on a quiet cobblestone street in the heart of Wilmington's Historic District. Both units have been successfully rented--one as a steady long-term furnished rental, the other as a profitable short-term rental for travel nurses. Each unit includes its own private kitchen (granite or quartz countertops), original hardwood floors, updated appliances, and in-unit washer/dryer. Enjoy the charm of a large covered porch while being just steps from local boutiques, top restaurants, and the Riverwalk. With off-street parking for up to four vehicles plus alley access, this property offers both convenience and historic appeal. Whether you're an investor seeking proven rental income or a buyer looking to live in one unit and rent the other, this home is a rare find in one of Wilmington's most desirable neighborhoods. Please refer to floor plan and see how easy it would be to convert the downstairs into a 2 bedroom.

418 S 4th St, Wilmington

$745,000

100559272 MLS

Potential Residential Development Approximately ±2.5 acres of raw land is now available at 7401 Starlight Road, fronting Carolina Beach Road in southern New Hanover County. Positioned in a rapidly growing area with strong residential and commercial momentum, this property offers a rare opportunity to secure land in a high-demand corridor. Whether you're looking to develop now or hold for future appreciation, this versatile parcel delivers location and potential. Prime location near Carolina Beach Road. Easy access to major routes, shopping, and dining. Strong growth corridor with surrounding development. Ideal for residential, multi-family, or light commercial use (subject to zoning, currently R-15). Excellent opportunity for investors, builders, or developers. **Boundary lines are approximate.** #townhome#multifamily#development

7401-7429 Starlight Ln, Wilmington

$374,900

4 Beds ⋅ 3 Baths ⋅ 100558071 MLS

Seller Financed Duplex 3/2 Lower Unit, and Studio upstairs in the heart of Historic Downtown Wilmington. Short walk to Castle Street, Container & Soda Pop district. live in 1 unit, rent the other or add to your portfolio. Call for more information.

107 S 10th St, Wilmington

$748,000

4 Beds ⋅ 2 Baths ⋅ 100555713 MLS

Stunning 120+ year old home in Historic downtown Wilmington being sold fully furnished! This home is currently split into 2 separate units however potential to be converted back to a single family home by opening up the entry hallway between them if desired. The old post previously used to tie up horses out front welcomes you to walk up to the covered rocking chair front porch where you can sit & watch the horse drawn carriage meander by. The inside of this well cared for home is filled with character and has been carefully maintained to keep the integrity of the historic charm. New roof was put on in 2024, most of the home has been re-wired, & the whole exterior has recently been painted. The upstairs unit has been updated with an on demand water heater. All appliances seen remain including the fridges, washers, & dryers. With natural gas hookups, both kitchens have gas stoves. Additional details throughout include hardwood flooring, high ceilings, & finished trim work. Spacious backyard with an extended paver patio, new decking, a newly installed privacy fence that has a tucked away treasure behind it - off street parking in back via alley access. Crawl space has been encapsulated & a dehumidifier installed, professionally done by ServPro. This home is conveniently nestled downtown within walking distance to many wonderful restaurants, coffee spots, & the historic USO building for community theatre shows. With all furnishings included, it's ready to go to generate air b&B or vrbo income.

419 S Front St, Wilmington

$510,000

4 Beds ⋅ 2 Baths ⋅ 100549514 MLS

Historic Charm Meets Modern Opportunity! Located in the heart of Wilmington's Historic District, 117 S 7th Street sits on one of the most charming blocks in the city. This 1903 duplex is freshly painted and 100% move-in ready, offering the ultimate flexibility for homeowners and investors alike. Brimming with historic soul, high ceilings, and original hardwood floors, this property features two distinct 2BR/1BA units. This is a truly turn-key opportunity as all appliances are included, featuring two refrigerators and two sets of stackable washers and dryers. The potential is limitless: DIY Airbnb: A stylish, fully equipped canvas in a high-demand travel zone. Long-Term Rental: Ready for immediate occupancy; separately metered for water/electric. In-Law Suite: Perfect for multi-generational living with total privacy and independent laundry. Unbeatable Location: You are steps away from everything world-class. Enjoy a 5-minute stroll to the Castle Street Arts District or walk 6 blocks to the Award-Winning Riverwalk and sunset dining. You are perfectly positioned between quiet residential charm and the vibrant energy of downtown's theaters and restaurants.

117 S 7th St, Wilmington

$725,000

8 Beds ⋅ 4 Baths ⋅ 100545578 MLS

Rare opportunity! This is 1 of 8 Duplexes in downtown Wilmington next to a new home development in Love Grove for sale. The 8 unit duplex package can be broken up or sold in smaller or one big package. You can really see the time and effort the developer/builder/owner put into making and creating this perfect portfolio compound of major cash flow! 8 Duplexes which breaks down to be 16, 4 bedroom 2 bath units with 1,548 Sqft per unit for a total of 24,768 sqft, 64 bedrooms, 32 bathrooms. All 8 duplexes are side by side and all in a row on the same street. Each duplex is on its own parcel. Every unit has their own driveway and fenced in backyard. There is also a storage unit in the back of every unit. Granite counter tops, stainless steel appliances water proof flooring and so many great features. Floor plans reads 1 bedroom down stairs and 3 upstairs. Floor plans and specs are attached to the mls or can be provided upon request. Each tenant has been handpicked by the owner with long history and track records. Every lease is government backed and guaranteed though Sec8 program. Each tenant had to meet criteria of no previous evictions, no felonies, strong reference from past landlords and wanted to stay at the property for many years after initial lease period. They do not have to be sec8 if not wanted. Currently total rental income a month is about 40k a month or 480k a year! This opportunity gives you the chance to own 8 almost new multifamily properties in a fantastic area in one of the fastest growing cities in the country with a even better return. Easy to manage, fully occupied and like new! Reach out for a private tour or for more information

1308 Corbett St Unit A&B, Wilmington

$310,000

4 Beds ⋅ 2 Baths ⋅ 100545424 MLS

Discover exceptional convenience and versatility with this well-maintained two-unit duplex perfectly situated in the heart of Downtown Wilmington. Each unit features 2 bedrooms and 1 bathroom, offering comfortable layouts ideal for long-term tenants or an owner-occupant looking to offset living costs. Step outside and enjoy walking-distance access to the best of Wilmingtonâ€”fitness centers, scenic parks, vibrant museums, award-winning restaurants, lively bars, and more. Whether it's weekend strolls along the riverfront or evenings out in the city, this location puts it all within easy reach. Perfect for investors or buyers seeking a smart ''live in one, lease the other'' setup, this property offers outstanding rental potential. Rent out both units for steady cash flow or customize one as your own urban retreat.

107 S 9th St, Wilmington

$1,285,000

12 Beds ⋅ 12 Baths ⋅ 100462190 MLS

Quad building fully rented. Comp entry

2856 Worth Dr, Wilmington

$390,000

6 Beds ⋅ 2 Baths ⋅ 100544261 MLS

Prime downtown Wilmington corner duplex Excellent investment or owner-occupant opportunity. Each floor includes three solid bedrooms and one full bath, with separate utilities for hassle-free renting. The corner lot delivers great natural light, strong curb appeal, and easy walking access to downtown shops, dining, and the riverfront. Solid structure, plenty of potential. Whether you flip it, rent both units, or live in one while leasing the other.

129 S 8th St, Wilmington

$400,000

4 Beds ⋅ 2 Baths ⋅ 100404143 MLS

Newly renovated duplex with two bedrooms and one bath each side. Ample parking and separate private fenced yards make these units ideal for long or short term rental in the heart of the Castle Street district and in easy distance to fine dining as well as yoga, Luna Cafe for coffee, shops and a wine shop. Just a few blocks in the other direction will have you in the Cargo District, with all of the popular businesses there! This easy care duplex with all new appliances, updated bathrooms and ample bedrooms will be very popular for anyone wanting to experience the fun of downtown Wilmington! Fall through due to buyer financing (for multiple parcels). No inspections or appraisals have been done.

815 Van Ambridge Aly, Wilmington

$542,700

6 Beds ⋅ 5 Baths ⋅ 100435372 MLS

RARE FIND ''2'' HOMES ON 1 LOT! VERY UNIQUE INVESTORS IMMEDIATE INCOME! NO HOA If Investing or to Owner Occupy one and rent out the other, you will not go wrong with this purchase. 2 family's could live on same property but in different homes and close distance 4318 Front 1 story home was remodeled in 2019. 3 bedroom 2 full baths has new roof, water heater, appliances, LVP flooring, faucets, lights, exterior doors, gutters & more, termite bond, attached storage room 4320 Back 2 story home-3 bedrooms 3 full baths, garages. Updates: new roof- 2019, new appliances 2021, HVAC & water heater-2017, gutters 2020 Only 1 tax bill for two houses.

4320 Mcclelland Dr, Wilmington

$487,500

6 Beds ⋅ 2 Baths ⋅ 100474328 MLS

Attention Investors! Excellent Investment Opportunity in Historic Downtown Wilmington! Prime Location on peaceful oak lined street yet short walk to all Downtown Wilmington has to offer-restaurants, entertainment, Riverwalk, banks, businesses, churches, etc. There are two separate rental units in this property, both offering 3 bed/1 bath, living room full kitchen, & dining room. Great rental history. The adjoining three properties, (401, 405, & 41 Dock St) are for sale as well and can be purchased as a portfolio with 403 Dock. Each unit is individually metered for h2o/sewer & electricity.

403 Dock St, Wilmington

$580,000

4 Beds ⋅ 2 Baths ⋅ 100428052 MLS

Wonderful Opportunity to Own A Duplex In The Heart of The Brooklyn Arts District! You are Just Steps Away From All of What Historic Downtown Has to Offer Including Live Oak Park Amphitheater, The River Walk, Coffee Shops, Breweries, Restaurants and Shops. This Unit is Currently Occupied by Long Term Tenants and Has Been a Successful Airbnb in The Past. You Could Also Live in One Unit and Rent out the Other. Schedule Your Showing Today!

414 Walnut St, Wilmington

$420,000

3 Beds ⋅ 2 Baths ⋅ 100390010 MLS

ATTENTION INVESTORS: 2 unit opportunity. MOTIVATED SELLERS A one-of-a-kind home in one of the most desirable neighborhoods in Wilmington! 4109 Peachtree is a beautifully updated ranch-style home just minutes from Downtown or Wrightsville Beach. The main home has three spacious bedrooms and one bathroom. The kitchen has been outfitted with new shaker-style cabinets, granite countertops, and concrete-style tile floors. The bathroom shower has modern pebble tile floors and classic subway tile walls. What's more, the home has an attached studio apartment with its own private entrance that could be used as an income-producing rental, a mother-in-law suite, or just an extra space for guests! The backyard is spacious and shaded by mature landscaping. The yard is also fully fenced in. Don't miss out on this gem in Midtown! Seller providing credit to replace all operable windows.

4109 Peachtree Ave, Wilmington

$525,000

3 Beds ⋅ 2 Baths ⋅ 100431556 MLS

Location, location, location. 19 S 6th is one block off Market St just 4 blocks from the heart of Wilmington's historic district, an easy walk to restaurants, coffee shops, bars, the river walk & shopping. Welcome to the charming Agostini House built in 1855 for Francis Agostini, a Corsican immigrant to Wilmington who earned his living as a confectioner and whose family name is connected to 3 homes in the historic residential district. In the 1890s, Agostini's home was moved to its current location & expanded for a larger footprint. Records indicate his home may have stayed in the family until 2009. Although possibly changed numerous times over its 170 year history, the home is currently configured as a duplex with a driveway providing off street parking. Side A is a 2BR/1 BA apartment with a huge living room, large eat in kitchen and a flex room - think dining room, secondary living area or office. The closet for 1 bedroom is in a hall. Side B is a 1BR/1BA shotgun style apartment with a rear deck. Both sides are ready for tenants, both units are furnished and both are unoccupied & ready to rent. The Agostini House features recently buffed thick pine floors, ornamental fireplaces, a new roof, new gutters, new HVAC in side B, new hot water heaters, new rear door in side B, new front porch decking and many other structural and cosmetic improvements plus the Agostini House was freshly painted inside and out, all in 2023. Separate meters for electric.

19 S 6th St, Wilmington

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