8-Duplex Multifamily
For Sale
$5,199,900
1405 Corbett Street, Wilmington, NC 28401
Commercial Sale, Wilmington, NC
Property Size24,768 SF
Lot Size0.96 Acres
Price / SF$209.94
Days on Market257
Property Features for 1405 Corbett Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-3
Subdivision
Love Grove
Directions
From Hwy 17 N to Wilmington. Take the exit toward Ilm Int'l Airport from US-74 E/Martin Luther King Jr Pkwy. Follow One Tree Hill Way and Love Grove Memorial Bridge to Creekfront Dr
Standard status
Active
APN
R04806-006-174-000
Size
24,768 SF
Lot size
0.96 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 2 Blk 10 Love Grove
Tax Annual Amount
3137
Legal Description
Lot 2 Blk 10 Love Grove
Utilities
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
granite counter tops
stainless steel appliances
waterproof flooring
driveway
fenced backyard
storage unit
Building Details
Year built
2023
Number of units
16
Roof type
Shingle
Listing Agency:
Keller Williams Innovate-Wilmington · Keller Williams Realty
(910) 777-2200
Listed By:
The Domenico Grillo Real Estate Team · License #47250
(910) 508-7387
Added: Dec 9, 2025
Changed: Aug 19
Last Checked: Aug 23 at 6:06PM
MLS# 100544737
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily offering comprises 8 side-by-side duplex buildings on separate parcels, totaling 16 four-bedroom, two-bath units and 24,768 square feet. Each 1,548-square-foot residence includes one bedroom on the main level and three upstairs, along with a private driveway, fenced backyard, and rear storage unit. Interior features include granite countertops, stainless steel appliances, and waterproof flooring. The buildings were completed in 2023 and are served by electric heat, central air, and public water.
The property occupies 0.96 acres in Wilmington, with the duplexes arranged consecutively along the same street. R-3 zoning supports the existing multifamily configuration. The portfolio contains 64 bedrooms and 32 bathrooms across the 16 residences, with each building held on its own parcel.
The property occupies 0.96 acres in Wilmington, with the duplexes arranged consecutively along the same street. R-3 zoning supports the existing multifamily configuration. The portfolio contains 64 bedrooms and 32 bathrooms across the 16 residences, with each building held on its own parcel.
Key Highlights
- 8 duplexes comprising 16 four‑bedroom, two‑bath units
- 24,768 square feet across 0.96 acres
- Each unit measures 1,548 square feet
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
100%
Occupancy
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 - Recently built residential income property with private outdoor space and individual driveways for every unit.
Where is this duplex located?
The property is located at 1405 Corbett Street 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 comprising 16 four‑bedroom, two‑bath units; 24,768 square feet across 0.96 acres; Each unit measures 1,548 square feet
