Property Attributes
- MLS#100570339
- TypeSingle Family
- Listing Status Active
- CountyNEW HANOVER
- CityWilmington
- AreaDawson-Castle Street
- NeighborhoodWilmington
- Zip28401
- StyleSingle Family Residence
- Year Built1920
- Taxes$ 1150
- Price$ 1,250,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage882
- Lot Size0.08 Acres
Data Source:
Cape Fear REALTORS® - NCRMLS
Property Description
Five-property income portfolio in downtown Wilmington -- offered as a single transaction. All homes leased and currently producing $96,000 in annual gross rent. Seller has completed significant system upgrades across the portfolio in recent years: new roofs (4 of 5), new HVAC, new windows, new flooring. Concentrated in Wilmington's most active rental corridor -- walking distance to the Cargo District, Castle Street, and the Riverfront. Combined ~5,000 sq ft / 14 BR / 9 BA across five separate parcels. Est. cap rate ~6.9% at asking on current rents. Sold as-is.
| Elementary School | Middle School | High School |
|---|---|---|
| Forest Hills Elementary School | Williston Middle School | Hoggard High School |
| Price History | |
|---|---|
| 4/29/2026 | Listed $1,250,000 |
General Features
| Living Area | 882.0 |
|---|---|
| Heating | Other,Electric,Forced Air |
| Cooling | Central Air |
| Utilities | Water Connected |
| Possession | Close Of Escrow,At Closing |
| Roof | Shingle |
| Zoning | R-5 |
| Patio/Porch Features | Front Porch |
| Construction Materials | Wood Frame |
| Year Built | 1920 |
| View | See Remarks |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Taxes | 1150.53 |
| Parcel Number | R05410-015-027-000 |
| County | New Hanover |
| Operating Expense | 0.0 |
| New Construction | No |
| Property Type | Residential |
| In City Limits? (Y/N) | Yes |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Dawson-Castle Street |
| Garage Y/N | No |
| Total Rooms | 4 |
| Full Baths | 1 |
| Status | Active |
| Directions | Head towards Downtown Wilmington,take Oleander Drive to Wooster Street. Take a right on S 13th St. Take a left on Queen |
| High School | Hoggard |
| City | Wilmington |
| High School District | New Hanover |
| Lot Size Units | Acres |
| Lot Size Square Feet | 3311.0 |
| Carport Spaces | 0.0 |
| Carport Y/N | No |
| Elementary School | Forest Hills |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Home Warranty Y/N | No |
| Middle/Junior High School | Williston |
| Lease Considered Y/N | No |
| Structure Type | Wood Frame,Stick Built |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Assessed Value | 195500 |
| Legal Description | BLK 70 PT EM 1/2 Wilmington |
Interior Features
| Interior Amenities | See Remarks |
|---|---|
| Flooring | Laminate,Wood |
| Master Bed Level | Primary Living Area |
| Total Stories | 1 |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Total Bedrooms | 2 |
| Entry Level | 1 |
| Room Type | Master Bedroom,Bedroom 2,Dining Area,Living Room |
| Total Baths | 1 |
| Living Area Range | 800 - 999 |
| SmokingYN | No |
Exterior Features
| Exterior Finish | See Remarks |
|---|---|
| Fencing | Partial |
| Parking Features | On Street |
| Water Source | Public |
| Total Parking | 0.0 |
| Lot Size Area | 0.08 |
| Foundation Details | Crawl Space |
| Spa | No |
| Building Area Total | 882.0 |
| Lot Dimensions | 33 x 100 |
| Lot Size Acres | 0.08 |
| Frontage Type | See Remarks |
| Waterfront Y/N | No |
| Road Frontage Type | City Street,State Road |
| Crops Included Y/N | No |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 28401
In The Neighborhood
Wilmington
$ 489,000
- Type
- Single Family
- Size
- 2,490 SqFt
- Rooms
- 5 Beds + 3 Baths
Wilmington
$ 750,000
- Type
- Single Family
- Size
- 3,204 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Wilmington
$ 399,999
- Type
- Single Family
- Size
- 1,308 SqFt
- Rooms
- 2 Beds + 1.5 Baths
Wilmington
$ 335,000
- Type
- Single Family
- Size
- 1,202 SqFt
- Rooms
- 3 Beds + 2 Baths
Wilmington
$ 749,000
- Type
- Single Family
- Size
- 2,339 SqFt
- Rooms
- 4 Beds + 3 Baths
Wilmington
$ 350,000
- Type
- Single Family
- Size
- 1,299 SqFt
- Rooms
- 2 Beds + 2 Baths
Wilmington
$ 419,000
- Type
- Single Family
- Size
- 1,310 SqFt
- Rooms
- 3 Beds + 2 Baths
Wilmington
$ 498,500
- Type
- Single Family
- Size
- 2,500 SqFt
- Rooms
- 5 Beds + 2.5 Baths
Wilmington
$ 615,000
- Type
- Single Family
- Size
- 1,558 SqFt
- Rooms
- 4 Beds + 2 Baths
Wilmington
$ 365,000
- Type
- Single Family
- Size
- 1,287 SqFt
- Rooms
- 3 Beds + 2 Baths
Wilmington
$ 2,050,000
- Type
- Single Family
- Size
- 4,635 SqFt
- Rooms
- 4 Beds + 5.5 Baths
Wilmington
$ 619,470
- Type
- Single Family
- Size
- 2,580 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Wilmington
$ 574,900
- Type
- Single Family
- Size
- 2,224 SqFt
- Rooms
- 4 Beds + 3 Baths
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