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8-Duplex Multifamily Portfolio
For Sale
$725,000

1308 Corbett St Unit A & B, Wilmington, NC 28401

Recently built duplex residences feature private driveways, fenced backyards, and individual rear storage units.

Property Size3,096 SF
Price / SF$234.17
Days on Market266

Property Features for 1308 Corbett St Unit 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

Amenities

fenced backyard
storage unit

Building Details

Year Built 2023
Buildings 8
Listing Agency: Keller Williams Innovate-Wilmington
Listed By: The Domenico Grillo Real Estate Team · License #263277
Source: Coastalrealtyassociates
Added: Dec 7, 2025 Changed: Aug 30 Last Checked: Aug 30 at 3:58AM

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 includes 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 measuring 1,548 square feet each, for 24,768 square feet overall. Floor plans provide one bedroom on the first level and three upstairs. Each residence includes a private driveway, fenced backyard, and rear storage unit, along with granite countertops, stainless steel appliances, and waterproof flooring.

The property is located in downtown Wilmington at 1308 Corbett St Unit A & B, adjacent to a new home development in Love Grove. The duplexes are currently fully occupied, and leases are backed through the Sec8 program. The properties may be acquired together or divided into smaller groupings, subject to the offering structure.

Key Highlights

  • Eight side‑by‑side duplexes completed in 2023
  • 16 four‑bedroom, two‑bath units; 1,548 Sqft per unit
  • 24,768 sqft total across the portfolio

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Spa & Massage Center Bakery (Bike/Boat/Book/etc) 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.

Lease Details

16
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

135
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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Recently built duplex residences feature private driveways, fenced backyards, and individual rear storage units.
Where is this duplex located?
The property is located at 1308 Corbett St Unit 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 side‑by‑side duplexes completed in 2023; 16 four‑bedroom, two‑bath units; 1,548 Sqft per unit; 24,768 sqft total across the portfolio
More about this property
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