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Downtown Duplex with Studio
For Sale
$365,000
Pending

107 S 10th St, Wilmington, NC 28401

Two-level duplex with an occupied lower residence and separate upstairs studio near Wilmington’s downtown districts.

Property Size1,372 SF
Days on Market12

Property Features for 107 S 10th St

General Information

Standard status Pending
Size 1,372 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/2BA, 1 x Studio
Multifamily Units 2

Building Details

Year Built 1956
Listing Agency: Cardoso & Company
Listed By: Cisco Cardoso · License #213615
Source: Augustaaikenhomefinder
Added: Sep 13 Changed: Sep 20 Last Checked: Sep 24 at 10:29AM

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 Cardoso & Company

Investment Insights

Based on property information with market context.

This duplex contains a lower unit with three bedrooms and two bathrooms, along with a studio residence on the upper level. The lower unit is currently rented, while the separate layout offers flexibility for an owner occupant or continued rental use. Built in 1956, the property encompasses 1,372 square feet.

The property is in Historic Downtown Wilmington, with Castle Street and the Container and Soda Pop districts within a short walk. Its location places residential units near established downtown destinations while maintaining a two-unit configuration suitable for personal occupancy, rental use, or portfolio ownership.

Key Highlights

  • Lower unit includes 3 bedrooms and 2 bathrooms
  • Separate studio located on the upper level
  • Lower unit is currently rented

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Home Appliance Store Tanning Salon Florist Supermarket

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

1,565
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-level duplex with an occupied lower residence and separate upstairs studio near Wilmington’s downtown districts.
Where is this duplex located?
The property is located at 107 S 10th St Wilmington, NC.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Lower unit includes 3 bedrooms and 2 bathrooms; Separate studio located on the upper level; Lower unit is currently rented
More about this property
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