8-Duplex Multifamily
For Sale
$725,000
1308 Corbett Street A&b, Wilmington, NC 28401
Recently built, fully occupied residences with private driveways, fenced yards, and individual storage units.
Property Size3,096 SF
Price / SF$234.17
Days on Market8
Property Features for 1308 Corbett Street A&b
General Information
Standard status
Active
Size
3,096 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
16 x 4BR/2BA
Multifamily Units
16
Additional Details
Gross Income
$480,000
Building Details
Year Built
2023
Buildings
8
Tenancy
Multi
Listing Agency:
Keller Williams Innovate-Wilmington
(404) 668-6621
Listed By:
The Domenico Grillo Real Estate Team · License #263277
Source:
Bradberrygarnerrealestate
Added: Aug 23
Changed: Aug 28
Last Checked: Aug 29 at 11:50AM
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 Keller Williams Innovate-Wilmington
Investment Insights
Based on property information with market context.
This multifamily offering comprises eight side-by-side duplexes completed in 2023, with each building situated on its own parcel. The portfolio contains 16 four-bedroom, two-bath units totaling 24,768 square feet, with 1,548 square feet per residence. Floor plans provide one bedroom on the main level and three upstairs. Each home includes a private driveway, fenced backyard, and rear storage unit, along with granite countertops, stainless steel appliances, and waterproof flooring.
The properties are located at 1308 Corbett Street in Wilmington, North Carolina, in the downtown area and beside a new home development in Love Grove. All units are currently occupied. Lease arrangements are supported through the Section 8 program, while the property information also indicates that tenants are not required to remain in that program. The eight duplexes may be offered together or in smaller groupings.
The properties are located at 1308 Corbett Street in Wilmington, North Carolina, in the downtown area and beside a new home development in Love Grove. All units are currently occupied. Lease arrangements are supported through the Section 8 program, while the property information also indicates that tenants are not required to remain in that program. The eight duplexes may be offered together or in smaller groupings.
Key Highlights
- Eight duplexes on separate parcels, arranged side by side on the same street
- 16 four‑bedroom, two‑bath units totaling 24,768 square feet
- Each unit contains 1,548 square feet with one bedroom downstairs and three upstairs
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
135
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Recently built, fully occupied residences with private driveways, fenced yards, and individual storage units.
Where is this duplex located?
The property is located at 1308 Corbett Street A&b Wilmington, NC.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Eight duplexes on separate parcels, arranged side by side on the same street; 16 four‑bedroom, two‑bath units totaling 24,768 square feet; Each unit contains 1,548 square feet with one bedroom downstairs and three upstairs
