Multifamily Duplex Portfolio with Fenced
For Sale
$5,199,900
1405 Corbett Street A, Wilmington, NC 28401
The portfolio includes multilevel residences with private driveways, enclosed backyards, individual storage, and contemporary interior finishes.
Property Size24,768 SF
Price / SF$209.94
Days on Market23
Property Features for 1405 Corbett Street A
General Information
Standard status
Active
Size
24,768 SF
Occupancy
100%
Units
Unit Mix
16 x 4BR/2BA
Multifamily Units
16
Additional Details
Gross Income
$480,000
Amenities
storage unit
fenced in backyard
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:
Pinpointnc
Added: Aug 8
Changed: Aug 28
Last Checked: Aug 29 at 12:06PM
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 duplex buildings completed in 2023, totaling 16 residences and 24,768 square feet. Each unit contains four bedrooms and two bathrooms, with a layout placing one bedroom on the first floor and three upstairs. Interior features include granite countertops, stainless steel appliances, and waterproof flooring. Every residence also has a private driveway, fenced backyard, and separate storage unit.
The duplexes are positioned side by side along the same street, with each building situated on its own parcel. The property is located at 1405 Corbett Street A in downtown Wilmington, within the Love Grove area and next to a new home development. The residences are fully occupied, and the leases are backed through the Sec8 program.
The duplexes are positioned side by side along the same street, with each building situated on its own parcel. The property is located at 1405 Corbett Street A in downtown Wilmington, within the Love Grove area and next to a new home development. The residences are fully occupied, and the leases are backed through the Sec8 program.
Key Highlights
- 8 duplexes totaling 16 four‑bedroom, two‑bath units
- 24,768 square feet across the portfolio; 1,548 Sqft per unit
- Built in 2023 with 64 bedrooms and 32 bathrooms
Property Analytics
Current Use
Lease Details
16
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
124
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 - The portfolio includes multilevel residences with private driveways, enclosed backyards, individual storage, and contemporary interior finishes.
Where is this duplex located?
The property is located at 1405 Corbett Street A Wilmington, NC.
What is the asking price?
The asking price for this property is $5,199,900.
What are key features of this property?
This property features: 8 duplexes totaling 16 four‑bedroom, two‑bath units; 24,768 square feet across the portfolio; 1,548 Sqft per unit; Built in 2023 with 64 bedrooms and 32 bathrooms
