Search
Furnished Short-Term Rental Units
For Sale
$948,000

102 S 2nd Street #Unit 215 & Unit 218, Wilmington, NC 28401

Two updated condominium units offer furnished interiors, short-term rental setup, and access to downtown Wilmington attractions.

Property Size754 SF
Days on Market84

Property Features for 102 S 2nd Street #Unit 215 & Unit 218

General Information

Standard status Active
Size 754 SF
Elevators No
Property subtype Commercial
Zoning CBD

Units

Unit Mix 2 x 2BR/2BA
Multifamily Units 2

Additional Details

Furnished Yes

Amenities

shared outdoor common area
on-site laundry facilities
storage room

Building Details

Building Size 754 SF
Year Built 1988
Listing Agency: Miller and Hooks Realty LLC
Listed By: Megan L Miller · License #339660
Source: Thomasrealtysold
Added: May 30 Changed: Aug 18 Last Checked: Aug 20 at 2:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Miller and Hooks Realty LLC

Investment Insights

Based on property information with market context.

This offering includes two separate condominium units at Tarrymore Condominiums, each configured with two bedrooms and two bathrooms. Unit 215 contains 754 square feet, while Unit 218 contains 816 square feet. Both residences were updated with luxury LVP flooring, stainless steel appliances, modern lighting, ceiling fans, spa-inspired bathrooms, and open-concept living areas. The units are being conveyed fully furnished and stocked, with future bookings already in place. Access is by stairs to the second floor; the building does not have an elevator.

The property is zoned CBD and includes shared outdoor space, on-site laundry facilities, and an additional storage room with supplies supporting short-term rental operations. The downtown Wilmington setting places the units near the Riverwalk, coffee shops, restaurants, boutique retail, breweries, live music, and entertainment. Live Oak Bank Pavilion, the Cape Fear River, historic attractions, and Wrightsville Beach are also identified in the property information as nearby destinations or accessible by a short drive.

Key Highlights

  • Two separate units: Unit 215 is 754 square feet and Unit 218 is 816 square feet
  • Each unit offers 2 bedrooms and 2 bathrooms
  • Fully furnished and stocked with future bookings in place

Property Analytics

Current Use

Tarantelli's Restaurant Fit For Five Gym & Fitness Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Veterinary Clinic Garden Center Butcher Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,461
Businesses Nearby

Demographics for 28401, NC

22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Short term rental property - Two updated condominium units offer furnished interiors, short-term rental setup, and access to downtown Wilmington attractions.
Where is this short term rental property located?
The property is located at 102 S 2nd Street #Unit 215 & Unit 218 Wilmington, NC.
What is the asking price?
The asking price for this property is $948,000.
What are key features of this property?
This property features: Two separate units: Unit 215 is 754 square feet and Unit 218 is 816 square feet; Each unit offers 2 bedrooms and 2 bathrooms; Fully furnished and stocked with future bookings in place
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