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1308 Corbett Street unit A&B Wilmington, NC 28401

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For Sale
$725,000

MULTI_FAMILY - Wilmington, NC

Property size:
3,096 SF
Lot size:
0.12 Acres
Added:
Dec 16, 2025
Days on Market:
105
Last Refresh:
Mar 31 at 7:06 pm

Property Features for 1308 Corbett Street unit A&B

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Bedrooms
8
Bathrooms
4
Rooms
Bedroom 6, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 5, Bedroom 8, Bathroom 3, Bedroom 2, Bedroom 7
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
Standard status
Active
APN
R04806-002-005-000
Size
3,096 SF
Lot size
0.12 Acres

Taxes and HOA fees

TaxYear
2025
TaxDescription
Legal
TaxAnnualAmount
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

We can help!

Listing Contact
The Domenico Grillo Real Estate Team

Listing agent The Domenico Grillo Real Estate Team

Listing office Keller Williams Innovate-Wilmington 1001 Military Cutoff Suite 101, Wilmington, NC

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. 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

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

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 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 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.
More about this property
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