Wilmington Duplex: Investment
1308 Corbett Street, Wilmington, NC 28401
MULTI_FAMILY - Wilmington, NC
Property size:
3,096 SFLot size:
0.12 AcresPrice / SF:
$234/SF- Added:
- Dec 16, 2025
- Days on Market:
- 156
- Last Refresh:
- May 21 at 8:06 pm
Property Features for 1308 Corbett Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 5, Bedroom 1, Bedroom 8, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 7, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 2
- Parking features
- Off Street
- Patio and Porch features
- Patio, Porch
- 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
- Standard status
- Active
- APN
- R04806-002-005-000
- Size
- 3,096 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Legal
- Tax Annual Amount
- 3137
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
Listing agent The Domenico Grillo Real Estate Team (910) 508-7387
Listing office Keller Williams Innovate-Wilmington 1001 Military Cutoff Suite 101, Wilmington, NC (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.
HighLights
- Portfolio of 8 side‑by‑side duplexes (16 units) available as a package or individually.
- High cash flow potential with current total rental income of approximately $40,000 per month.
- Guaranteed rental income through Section 8 program.
- Each unit features 4 bedrooms, 2 bathrooms, and 1,548 sqft of living space.
- Modern amenities including granite countertops, stainless steel appliances, waterproof flooring, individual driveways, fenced backyards, and storage units.
- Located in a rapidly growing area of downtown Wilmington, next to a new home development.
Overview
This is a rare opportunity to acquire a duplex in downtown Wilmington, situated next to a new home development in Love Grove. The property features two units, each with 4 bedrooms and 2 bathrooms, totaling 3,096 square feet. Each unit offers 1,548 square feet of living space. The duplex is located on its own parcel, with each unit having its own driveway and fenced backyard, as well as a storage unit in the back. Interior features include granite countertops, stainless steel appliances, and waterproof flooring. The floor plan includes one bedroom downstairs and three bedrooms upstairs. The property is currently fully occupied, with tenants selected based on criteria including no previous evictions, no felonies, and strong references from past landlords. The current total rental income is approximately $40,000 per month, or $480,000 per year. This property is located in a rapidly growing city and offers a strong return on investment. The property is easy to manage and in like-new condition. The zoning is R-3.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.932116
- Latitude
- 34.25182
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Rare opportunity to own a fully occupied duplex.
Where is this duplex located?
The property is located at 1308 Corbett Street 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 side‑by‑side duplexes (16 units) available as a package or individually.; High cash flow potential with current total rental income of approximately $40,000 per month.; Guaranteed rental income through Section 8 program.
