Residential Income
For Sale
Contact for pricing
509 Walnut St, Wilmington, NC 28401
Residential income property offered for sale at 509 Walnut St in Wilmington, NC.
Property SizeContact for details
Days on Market55
Property Features for 509 Walnut St
General Information
Standard status
Active
Property subtype
MULTIFAMILY
Building Details
Year Built
1920
Listing Agency:
Intracoastal Realty Corporation
(910) 512-2205
Listed By:
Jeffrey Hovis · License #234605
(910) 512-2205
Source:
Mullarkeycreg
Added: Jun 30
Changed: Aug 12
Last Checked: Aug 22 at 3:33AM
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 listing is categorized as an other multifamily and residential income property, presented for sale. The available information does not specify unit count, building layout, interior finishes, or current occupancy details, so due diligence will be required to confirm configuration and income status.
The property address is 509 Walnut St, Wilmington, NC 28401. Prospective buyers should verify access, site conditions, and any existing building or operational attributes on-site and through the offering materials provided by the seller or broker.
For tenants, the most relevant consideration will be confirming the number and size of units, lease terms, and current availability once documentation is reviewed. For investors and owner-operators, this property can be evaluated as part of a multifamily portfolio or as a stand-alone acquisition, subject to confirmation of the building’s condition, management needs, and underwriting inputs such as expenses and actual/assumed income. Because key deal and physical details are not included in the provided data, interested parties should request full offering information and schedule a walkthrough to understand the property fully before making a decision.
The property address is 509 Walnut St, Wilmington, NC 28401. Prospective buyers should verify access, site conditions, and any existing building or operational attributes on-site and through the offering materials provided by the seller or broker.
For tenants, the most relevant consideration will be confirming the number and size of units, lease terms, and current availability once documentation is reviewed. For investors and owner-operators, this property can be evaluated as part of a multifamily portfolio or as a stand-alone acquisition, subject to confirmation of the building’s condition, management needs, and underwriting inputs such as expenses and actual/assumed income. Because key deal and physical details are not included in the provided data, interested parties should request full offering information and schedule a walkthrough to understand the property fully before making a decision.
Key Highlights
- Residential income property for sale at 509 Walnut St, Wilmington, NC
- Built in 1920
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,392
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - Residential income property offered for sale at 509 Walnut St in Wilmington, NC.
Where is this multifamily property located?
The property is located at 509 Walnut St Wilmington, NC.
What are key features of this property?
This property features: Residential income property for sale at 509 Walnut St, Wilmington, NC; Built in 1920
