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Multifamily Property With Detached ADU
For Sale
$524,999

1107 Pine Grove Dr, Wilmington, NC 28409

Main residence and separate one-bedroom living quarters provide flexible occupancy options on a no-HOA homesite.

Property Size2,262 SF
Lot Size0.50 Acres
Price / SF$232.10
Days on Market74

Property Features for 1107 Pine Grove Dr

General Information

Standard status Active
Size 2,262 SF
Lot size 0.50 Acres
Property subtype Multi-Family

Additional Details

Road Access Yes
Multifamily Units 2

Amenities

fenced patio
fire pit
workshop
storage shed

Building Details

Year Built 2001
Listing Agency: Intracoastal Realty Corporation
Listed By: Matt Cedrun · License #304262
Source: Yournorthcarolinahomesource
Added: Jun 21 Changed: Aug 31 Last Checked: Sep 1 at 7:39PM

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 Intracoastal Realty Corporation

Investment Insights

Based on property information with market context.

This multifamily property includes a 2,262-square-foot main residence with 3 bedrooms, a dedicated office, 2 full bathrooms, and an attached 1-car garage. Interior features include a large kitchen with custom cabinetry and walk-in pantry, vaulted ceilings, and a primary suite addition with a private shower and half bath. A new roof was installed in 2024, and the home has a tankless water heater.

The separate 1-bedroom, 1-bath ADU includes its own attached 1-car garage and can serve as guest, office, in-law, or rental space. Additional improvements include a detached wooden workshop, storage shed, and fenced patio with fire pit. The property occupies an approximately half-acre lot without an HOA at 1107 Pine Grove Dr in Wilmington, with Long Leaf Park, The Veggie Wagon, Wrightsville Beach, and Target nearby.

Key Highlights

  • 2,262‑square‑foot main residence with 3 bedrooms, office, and 2 full bathrooms
  • Separate 1‑bedroom, 1‑bath ADU with attached 1‑car garage
  • Approximately half‑acre lot with no HOA

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

137
Businesses Nearby

Demographics for 28409, NC

34,681
Population
14,821
Households
2.3
Avg Household Size
44
Median Age
51%
College-Educated
96%
High-School Grad
22.4 sq mi
ZIP Area
1,548
Density / Sq Mi
$108,241
Median Household Income
$54,254
Median Earnings
$1,445
Median Rent
$382,900
Median Home Value

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?
Multifamily property - Main residence and separate one-bedroom living quarters provide flexible occupancy options on a no-HOA homesite.
Where is this multifamily property located?
The property is located at 1107 Pine Grove Dr Wilmington, NC.
What is the asking price?
The asking price for this property is $524,999.
What are key features of this property?
This property features: 2,262‑square‑foot main residence with 3 bedrooms, office, and 2 full bathrooms; Separate 1‑bedroom, 1‑bath ADU with attached 1‑car garage; Approximately half‑acre lot with no HOA
More about this property
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