For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

1421 -1425 Wellington Avenue Wilmington, NC 28401

View on Map
New
For Sale
$1,065,000

MULTI_FAMILY - Wilmington, NC

Property size:
3,542 SF
Lot size:
0.30 Acres
Added:
Apr 4, 2026
Days on Market:
2
Last Refresh:
Apr 5 at 2:06 pm

Property Features for 1421 -1425 Wellington Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
O&I
Bedrooms
9
Bathrooms
4
Rooms
Bedroom 1, Bedroom 7, Bedroom 3, Bedroom 6, Bedroom 9, Bedroom 8, Bathroom 2, Bathroom 5, Bathroom 6, Bathroom 1, Bedroom 2, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 4
Parking
1
Parking features
Off Street
Interior features
See Remarks61
Standard status
Active
APN
R06015-001-001-000
Size
3,542 SF
Lot size
0.30 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
South Wellington Heights and Blk 11 S Wilm Place
Tax Annual Amount
3102

Utilities

Heating system
Electric (Heating), Forced Air
Cooling system
Central Air

Building Details

Year built
1974
Floors in Building
1
Number of units
4
Flooring type
Vinyl
Building materials
Brick Veneer, Vinyl Siding, Wood Frame
Roof type
Shingle
Additional Structures
See Remarks

We can help!

Listing Contact
Jeffrey G Hovis
Jeffrey G Hovis

Listing agent Jeffrey G Hovis License #234605

Listing office Intracoastal Realty Corp 1900 Eastwood Road, Suite 38, Wilmington, NC

Listing date Apr 4, 2026

MLS# 100564998

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

Turnkey Wilmington Multifamily Investment Opportunity

This turnkey investment opportunity features two duplexes on adjacent lots, sold together as a rare 'quad' setup. The property is ideal for investors seeking immediate cash flow and portfolio expansion. The unit mix includes one 3-bedroom/2-bathroom unit, one 2-bedroom/2-bathroom unit, one 2-bedroom/1-bathroom unit, and one 3-bedroom/3-bathroom unit. The property provides off-street parking and a garage. Situated on a 0.3-acre corner lot, the property is zoned O&I, offering flexibility for continued residential use or potential conversion to other permitted uses. The property is currently fully income-producing. Conveniently located near a hospital, shopping, businesses, and beaches, the property is in a strong rental demand area. The property contains 3,542 square feet. It is a great opportunity for investors looking for stable income with upside potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office 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
-77.925246
Latitude
34.19818

FAQs

What type of property is this?
Quadplex - Four-unit property near hospital, shopping, and beaches. Fully income-producing.
Where is this quadplex located?
The property is located at 1421 -1425 Wellington Avenue Wilmington, NC.
What is the asking price?
The asking price for this property is $1,065,000.
What are key features of this property?
This property features: Turnkey, fully income‑producing 4‑unit property (two duplexes on adjacent lots).; Rare 'quad' setup ideal for immediate cash flow and portfolio expansion.; Desirable unit mix: one 3BR/2BA, one 2BR/2BA, one 2BR/1BA, and one 3BR/3BA.
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