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    12 Nathan St Wrightsville Beach, NC 28480

    For Sale
    $2,060,000

    MULTI_FAMILY - Wrightsville Beach, NC

    Property size:
    3,682 SF
    Lot size:
    0.11 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 13 at 10:06 pm

    Property Features for 12 Nathan St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    R2
    Rooms
    Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 7, Bedroom 6, Bedroom 1, Bedroom 7, Bedroom 8, Bathroom 1, Bathroom 3, Bathroom 5, Bathroom 2, Bedroom 2, Bathroom 8, Bathroom 6, Bathroom 4
    Bedrooms
    8
    Bathrooms
    6
    APN
    R06319-004-010-000
    Patio and Porch features
    Deck, Porch
    Interior features
    Ceiling Fan(s)
    Size
    3,682 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Propane (Heating), Forced Air
    Cooling system
    Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1941
    Floors in Building
    2
    Number of units
    4
    Building materials
    Block, Asbestos
    Roof type
    Shingle

    Cadence Realty Corporation (910) 239-7697

    Listing agent Ross Tomaselli (910) 239-7697 License #318742

    Listing date Dec 3, 2025

    MLS# 100513730 Listing URL

    Copyright © 2025 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.

    Overview

    Wrightsville Beach Multifamily Investment Opportunity

    This multifamily property is located steps from the sand in Wrightsville Beach. The property features six rental units on a 50x90 lot zoned R2. The property includes four 1-bedroom units in the main house and two 2-bedroom units in a detached accessory dwelling unit (ADU). All six units are currently leased. The property offers the opportunity to renovate and reposition the property as a high-yield short-term rental portfolio, capitalizing on Wrightsville Beach's vacation market. Alternatively, developers can redevelop the lot into a luxury duplex with potential ocean views to the east over Crystal Pier and west-facing views of Banks Channel. The property is situated in one of North Carolina's most desirable beach communities. The property size is 3682 square feet and the lot size is 0.11 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Building Supply Gym & Fitness Hotel & Motel Storage Facility Bar & Pub Bed & Breakfast Dry Cleaner Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wrightsville Beach
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.806397
    Latitude
    34.194062

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    • $2,495,000
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      Wrightsville Beach Multifamily Investment Opportunity

      Six rental units steps from the sand in Wrightsville Beach.
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    FAQs

    What type of property is this?
    Apartment building - Six rental units steps from the sand in Wrightsville Beach.
    Where is this apartment building located?
    The property is located at 12 Nathan St Wrightsville Beach, NC.
    What is the asking price?
    The asking price for this property is $2,060,000.
    What are key features of this property?
    This property features: - Steps from the sand in Wrightsville Beach: Prime location offers immediate beach access.; - Six grandfathered rental units: Rare opportunity for immediate and consistent rental income.; - Valuable R2-zoned 50x90 lot: Development potential for a luxury duplex with ocean views.
    (910) 239-7697
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12 Nathan St Wrightsville Beach, NC 28480
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