$675,000
OPEN SAT 12PM - 2PM

Estimated payment $3,879/month

Total Views 249
6 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Formal Dining Room
  • Wood Flooring
  • Covered Patio or Porch
  • Fenced Yard

About This Home

Discover a rare opportunity to own a beautifully renovated, income-generating duplex in the heart of Wilmington's beloved Historic District. Nestled on a quiet, tree-lined street, this property offers both front and rear access from charming Princess Street--perfect for convenience and privacy.Step inside to find rich character throughout, featuring gleaming hardwood floors, soaring ceilings, and oversized windows that flood each unit with natural light. Both spacious 3-bedroom, 2-bath units have been tastefully updated, including modern kitchens, refreshed baths, and new HVAC systems installed in 2021. In spring 2025, the crawlspace was professionally encapsulated for added efficiency and peace of mind.Each residence has its own unique charm:Front Unit: Covered front porch, private fenced yard, and rear storage shed.Rear Unit: Private paved driveway, fenced yard, and generous living space.With a strong rental history, this property is ideal for investors seeking reliable returns--or for an owner-occupant looking to live in one unit while renting the other. The front unit is currently leased through October 2025, while the rear unit is vacant and ready for immediate occupancy or new tenants.Whether you're looking to grow your portfolio or secure a home that pays for itself, this duplex delivers unmatched versatility and location in one of Wilmington's most sought-after neighborhoods.

Listing Agent

Brian Bursell

BlueCoast Realty Corporation License #319990 Listed on: 08/14/2025

BlueCoast Realty Corporation

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,412

Year Built

  • Built in 1915

Lot Details

  • 6,708 Sq Ft Lot
  • Lot Dimensions are 55x122
  • Fenced Yard
  • Wood Fence

Home Design

  • Duplex
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 4 Bathrooms
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Snipes Elementary School
  • Virgo Middle School
  • New Hanover High School

Utilities

  • Humidifier
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R04818-014-011-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,412

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1915
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: None
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Blinds/Shades, None, Ceiling Fan(s)
  • List Price per Sq Ft: 305.29
  • Total Bathrooms: 4.00
  • Number Bedrooms Total: 6

Exterior Features

  • Exterior Finish: Wood Siding
  • Fencing: Back Yard, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Garage And Parking Other See Remarks: Rear unit 2 spaces
  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Washer, Humidifier/Dehumidifier, Refrigerator, Range, Dryer, Electric Cooktop
  • Cooling System: Central Air
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Sewer Connected, Water Connected
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • Property Mgmt Company: No

Lot Info

  • Deed Page: 1261.00
  • Lot Acres: 0.15
  • Lot Dimensions: 55X122
  • Lot Sq Ft: 6708.00
  • Plat Book: 000
  • Plat Page: 000
  • Zoning: R-5

Tax Info

  • Tax Identifier: R04818-014-011-000
  • Tax Year: 2024

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: Snipes
  • High School: New Hanover
  • Middle School: Virgo

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

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
2023 $2,412 $277,200 $51,600 $225,600
2022 $2,356 $277,200 $51,600 $225,600
2021 $0 $245,700 $51,600 $194,100
2020 $1,490 $141,400 $47,300 $94,100
2019 $1,490 $172,800 $47,300 $125,500
2018 $1,820 $172,800 $47,300 $125,500
2017 $1,820 $172,800 $47,300 $125,500
2016 $1,918 $173,100 $51,900 $121,200
2015 $1,833 $173,100 $51,900 $121,200
2014 $1,755 $173,100 $51,900 $121,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 For Sale $675,000 +110.9% --
08/05/2021 08/05/21 Sold $320,000 -11.1% $145 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $360,000 +108.9% $163 / Sq Ft
08/28/2019 08/28/19 Sold $172,300 -1.5% $74 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $175,000 -- $75 / Sq Ft
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $320,000 None Available
Warranty Deed $173,000 None Available
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $224,000 New Conventional
Previous Owner $169,178 FHA
Previous Owner $155,000 Stand Alone Second
Source: Public Records

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Source: Hive MLS

MLS Number: 100525423

Hive MLS

APN: R04818-014-011-000