Search
Furnished Short-Term Rental Units
For Sale
$948,000

102 S 2nd Street, Wilmington, NC 28401

Commercial Sale, Wilmington, NC

Property Size754 SF
Price / SF$1,257
Days on Market85

Property Features for 102 S 2nd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning CBD
Parking features Driveway
Subdivision Not In Subdivision
Directions Market Street to downtown Wilmington, left on 3rd Street. Proceed to take right on Dock then left on 2nd Street. The Tarrymore is on your right.
Standard status Active
APN R05405-001-002-008
Size 754 SF

Taxes and HOA fees

Tax Year 2025
Tax Description Unit 215 Tarrymore Condominiums, Unit 218 Tarrymore Condominiums, both Child of Split from R0540-001-002-000
Tax Annual Amount 1091
HOA Fee $11,242 Annually
Legal Description Unit 215 Tarrymore Condominiums, Unit 218 Tarrymore Condominiums, both Child of Split from R0540-001-002-000

Utilities

Heating system Electric (Heating), Forced Air
Cooling system Central Air
Water source Public

Amenities

shared outdoor common area
on-site laundry facilities
storage room

Building Details

Year built 1988
Flooring type Lvt/lvp
Building materials Brick, Stone
Roof type Shingle
Listing Agency: Miller and Hooks Realty LLC
Listed By: Megan L Miller · License #339660
Added: May 30 Changed: Aug 19 Last Checked: Aug 22 at 7:06AM
MLS# 100577892

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering combines Units 215 and 218 at Tarrymore Condominiums as two separate, furnished short-term rental residences. Unit 215 contains 754 square feet, while Unit 218 contains 816 square feet; each is arranged with two bedrooms and two bathrooms. Interior improvements include luxury LVP flooring, stainless steel appliances, updated bathrooms, modern lighting, ceiling fans, and open-concept living areas. Both residences are being conveyed furnished and stocked. Access is by stairs to the second floor, and the building does not have an elevator.

The property is zoned CBD and located at 102 S 2nd Street in downtown Wilmington. The Riverwalk, restaurants, coffee shops, boutique retailers, breweries, live music, and entertainment venues are within the surrounding downtown area. Building amenities include a shared outdoor common area, on-site laundry, and a storage room with supplies for short-term rental operations. Public water serves the property, with central air and electric forced-air heating.

Key Highlights

  • Two separate units offered together: Unit 215 at 754 SF and Unit 218 at 816 SF
  • Each unit includes 2 bedrooms and 2 bathrooms
  • Fully furnished interiors with luxury LVP, stainless steel appliances, and updated bathrooms

Property Analytics

Current Use

Tarantelli's Restaurant Fit For Five Gym & Fitness Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Veterinary Clinic Garden Center Butcher Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,461
Businesses Nearby

Demographics for 28401, NC

22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Short term rental property - Two updated, fully furnished condominium units offer flexible short-term rental use with open layouts and shared building amenities.
Where is this short term rental property located?
The property is located at 102 S 2nd Street Wilmington, NC.
What is the asking price?
The asking price for this property is $948,000.
What are key features of this property?
This property features: Two separate units offered together: Unit 215 at 754 SF and Unit 218 at 816 SF; Each unit includes 2 bedrooms and 2 bathrooms; Fully furnished interiors with luxury LVP, stainless steel appliances, and updated bathrooms
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message