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    818 Hanover St Wilmington, NC 28401

    For Sale
    $340,000

    MULTI_FAMILY - Wilmington, NC

    Property size:
    1,520 SF
    Lot size:
    0.06 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 818 Hanover 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 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2
    Bedrooms
    4
    Bathrooms
    2
    APN
    R04813-020-025-000
    Parking features
    On Street
    Patio and Porch features
    Porch
    Appliances
    Refrigerator, Range
    Size
    1,520 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Floors in Building
    1
    Number of units
    2
    Building materials
    Wood Siding
    Roof type
    Metal

    Coldwell Banker Sea Coast Advantage (910) 799-3435 [email protected]

    Listing agent Chris Baynes & Assoc Team (910) 799-3435

    Listing date Nov 19, 2025

    MLS# 100538840 Listing URL

    Copyright © 2025 Hive MLS / Topsail Island Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Duplex in Downtown Wilmington

    This updated duplex in downtown Wilmington offers a total of 4 bedrooms and 2 full baths. Each unit features 2 bedrooms and 1 bath. The roof was replaced in January 2025. Both units have been updated with luxury vinyl flooring. Unit 1 is currently tenant-occupied, providing immediate rental income, while Unit 2 has been freshly painted. A shared rocking chair front porch enhances the property, offering a space for relaxation. Situated minutes from Wilmington's Riverwalk, restaurants, and shopping, this duplex is suitable for investors or buyers seeking an income-producing property. The property size is 1520 square feet and the lot size is 0.06 acres. The zoning is R-3. It is located in New Hanover County. The property is being sold as is.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Clothing Store 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
    -77.939274
    Latitude
    34.243729

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    FAQs

    What type of property is this?
    Duplex - Charming duplex near Wilmington's Riverwalk, ideal for investors.
    Where is this duplex located?
    The property is located at 818 Hanover St Wilmington, NC.
    What is the asking price?
    The asking price for this property is $340,000.
    What are key features of this property?
    This property features: - Prime downtown Wilmington location, minutes from Riverwalk, restaurants, and shopping.; - Income-producing duplex with one unit currently tenant-occupied.; - Updated with **luxury vinyl flooring** for easy maintenance and modern appeal.
    (910) 799-3435
    Request Owner's contact information
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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.

    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
    818 Hanover St Wilmington, NC 28401
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