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    1308 Corbett St, Unit unit A&B Wilmington, NC 28401

    Sponsored
    For Sale
    $725,000

    MULTI_FAMILY - Wilmington, NC

    Property size:
    3,096 SF
    Lot size:
    0.12 Acres
    Days on Market:
    22
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 1308 Corbett St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    R-3
    Rooms
    Bedroom 2, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 8, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 7
    Bedrooms
    8
    Bathrooms
    4
    APN
    R04806-002-005-000
    Parking features
    Off Street
    Patio and Porch features
    Porch, Patio
    Interior features
    High Ceilings, Wash/Dry Connect, Kitchen Island, Ceiling Fan(s), Pantry, Walk-in Shower
    Appliances
    Electric Oven, Electric Cooktop, Built-In Microwave, Refrigerator, Disposal, Dishwasher
    Size
    3,096 SF
    Lot size
    0.12 Acres

    Utilities

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

    Building Details

    Year built
    2023
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Lvt/lvp
    Building materials
    Vinyl Siding
    Roof type
    Shingle

    Keller Williams Realty (910) 264-6506 [email protected]

    Listing agent The Domenico Grillo Real Estate Team (910) 777-2200

    Listing date Dec 16, 2025

    MLS# 100545578 Listing URL

    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.

    Overview

    Wilmington Duplex: Investment Opportunity

    This is a rare opportunity to acquire a duplex in downtown Wilmington, situated next to a new home development in Love Grove. It is part of a package of eight duplexes that can be sold individually, in smaller groups, or as a complete portfolio. The property features two units, each with four bedrooms and two bathrooms, totaling 1,548 square feet per unit. The entire duplex is 3,096 square feet and sits on a 0.12-acre lot. Each unit includes granite countertops, stainless steel appliances, and waterproof flooring, with a layout of one bedroom downstairs and three upstairs. Each unit has its own driveway and a fenced backyard, along with a storage unit. The property is currently fully occupied with tenants who have been carefully selected and have leases backed by the Section 8 program. The current total rental income is approximately $40,000 per month, or $480,000 annually. This property offers the chance to own a relatively new multifamily property in a rapidly growing city, providing a strong return on investment. It is easy to manage and fully occupied.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.932116
    Latitude
    34.25182

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    FAQs

    What type of property is this?
    Duplex - Rare opportunity to own a cash-flowing duplex in Wilmington, NC.
    Where is this duplex located?
    The property is located at 1308 Corbett St, Unit unit A&B Wilmington, NC.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Portfolio of 8 Duplexes (16 Units) in Downtown Wilmington: A rare opportunity.; - High Cash Flow Potential: Approximately $40,000 per month ($480,000 annually).; - Guaranteed Rental Income: Leases are government-backed through the Section 8 program (optional).
    (910) 777-2200
    Request Owner's contact information
    1308 Corbett St, Unit unit A&B Wilmington, NC 28401
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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.

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    Cap approach

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    Comparable approach

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

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    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
    1308 Corbett St, Unit unit A&B Wilmington, NC 28401
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