Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    719 Princess St Wilmington, NC 28401

    New
    For Sale
    $1,465,000

    MULTI_FAMILY - Wilmington, NC

    Property size:
    4,848 SF
    Lot size:
    0.08 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 719 Princess St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    UMX
    APN
    R04817-022-009-000
    Parking features
    On Street
    Size
    4,848 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air, Electric (Heating)
    Cooling system
    Central Air, Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1900
    Flooring type
    Tile, Lvt/lvp, Carpet, Wood
    Building materials
    Wood Siding
    Roof type
    Shingle

    Intracoastal Realty Corp (800) 533-1840

    Listing agent Jeffrey G Hovis (910) 256-4503 License #234605

    Listing date Dec 4, 2025

    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

    Wilmington Mixed-Use Investment Opportunity

    This mixed-use property, constructed in 1900 and extensively renovated between 2021 and 2022, is located near Wilmington's Historic District, Downtown, and the Soda Pop District. The property is zoned UMX and features a configuration of 1 retail space, 4 one-bedroom units, 2 studio units, and 1 two-bedroom unit. Full interior improvements were completed during the renovations, with each residential unit uniquely finished. The property offers a turnkey investment opportunity in a high-demand urban location. The property's size is 4848 square feet and it occupies a 0.08-acre lot. The property generates an approximate annual rental income of $124,000 and has a strong rental history.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -77.939715
    Latitude
    34.237374

    Nearby Similar for Sale

    • New
      $890,000
      5,467 SF

      Historic Mansion in Downtown Wilmington

      Unique historic mansion with development potential in Wilmington's Historic District.
      708 Market St, Wilmington, NC 28401
      View Details
    • $1,795,000
      4,761 SF

      Historic Downtown Wilmington Residence

      Historic 4,761 sq ft residence in downtown Wilmington.
      118 S 4Th St, Wilmington, NC 28401
      View Details
    • New
      $719,000
      2,015 SF

      Wilmington Income-Generating Multifamily Property

      Income property near Downtown, Burnt Mill Creek, and Soda Pop District.
      2020 Princess Place Dr, Wilmington, NC 28405
      View Details
    • $888,000
      3,104 SF

      Wilmington Duplex: Short-Term Rental Income

      Fully furnished duplex in Wilmington, NC, generating substantial rental income.
      312 Church St, Wilmington, NC 28401
      View Details
    • New
      $1,050,000
      3,548 SF

      Historic Wilmington Duplex Opportunity

      Historic duplex in Wilmington's Historic District, flexible living options.
      223 S 5Th Ave, Wilmington, NC 28401
      View Details
    • New
      $992,750
      3,396 SF

      Renovated Duplex in Historic Downtown

      Versatile duplex in Wilmington's Historic Downtown, suitable for residential or commercial.
      8 S 7Th St, Wilmington, NC 28401
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - 8-unit mixed-use property near historic district with strong rental history.
    Where is this mixed-use property located?
    The property is located at 719 Princess St Wilmington, NC.
    What is the asking price?
    The asking price for this property is $1,465,000.
    What are key features of this property?
    This property features: - High annual rental income (approx. $124,000) and strong rental history; - Turnkey investment opportunity in a high-demand urban location; - Extensive renovations completed 2021-2022 with full interior improvements
    (910) 256-4503
    Request Owner's contact information
    719 Princess St Wilmington, NC 28401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    719 Princess St
    Wilmington, NC 28401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    719 Princess St Wilmington, NC 28401
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.