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619 S Kerr Ave, Wilmington, NC 28403

For-sale apartment building on S Kerr Ave, providing residential income housing.

Property SizeContact for details
Days on Market47

Property Features for 619 S Kerr Ave

General Information

Standard status Active
Property subtype MULTIFAMILY

Building Details

Year Built 2017
Listing Agency: Maus, Warwick, Matthews & Co.
Listed By: Luke Tippett
Source: Mullarkeycreg
Added: Jun 30 Changed: Aug 11 Last Checked: Aug 15 at 3:34AM

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 Maus, Warwick, Matthews & Co.

Investment Insights

Based on property information with market context.

This apartment building is offered for sale as a residential income property. While specific unit mix, building size, and on-site features were not provided, the offering is structured around a multifamily apartment building configuration suitable for long-term rental use.

The property is located at 619 S Kerr Ave in Wilmington, NC 28403. Prospective buyers should review the site and building details directly to confirm building systems, overall condition, access, and any improvements that may affect use and operating performance.

For investors and owner-operators, this asset may fit a portfolio strategy focused on apartment building ownership. It can also be considered by buyers seeking an entry point into residential income real estate, provided they complete due diligence on current and historical rent and expense figures, tenant status, lease terms, and any property-level capital needs. As with any multifamily acquisition, confirming occupancy, compliance, and operational requirements will be important to establish underwriting assumptions and determine fit with the buyer’s business plan.

Key Highlights

  • Apartment building built in 2017
  • For‑sale multifamily building on S Kerr Ave
  • Residential income housing

Property Analytics

Current Use

Seahawk Cove Student Housing Center

Suggested Use

Top Pick Florist Locksmith Catering Service Fish Market Nursing Home Wine and Liquor Store

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

Location Intelligence

Trade Area within ½ mile

1,499
Businesses Nearby

Demographics for 28403, NC

38,134
Population
20,424
Households
1.9
Avg Household Size
30
Median Age
48%
College-Educated
94%
High-School Grad
14.0 sq mi
ZIP Area
2,724
Density / Sq Mi
$50,988
Median Household Income
$30,991
Median Earnings
$1,293
Median Rent
$337,600
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?
Apartment building - For-sale apartment building on S Kerr Ave, providing residential income housing.
Where is this apartment building located?
The property is located at 619 S Kerr Ave Wilmington, NC.
What are key features of this property?
This property features: Apartment building built in 2017; For‑sale multifamily building on S Kerr Ave; Residential income housing
More about this property
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