1409 Corbett Street Wilmington, NC 28401
MULTI_FAMILY - Wilmington, NC
Property Features for 1409 Corbett Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 5, Bedroom 8, Bedroom 6, Bathroom 1, Bedroom 3
- Parking features
- Off Street
- Patio and Porch features
- Porch, Patio
- Interior features
- High Ceilings, Kitchen Island, Ceiling Fan(s), Pantry, Walk-in Shower
- Appliances
- Electric Oven, Electric Cooktop, Built-In Microwave, Refrigerator, Disposal, Dishwasher
- Standard status
- Active
- APN
- R04806-006-172-000
- Size
- 3,096 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot 5 Blk 10 Love Grove Child Of Split From R04806-006-012-000
- Tax Annual Amount
- 3137
Utilities
- Heating system
- Electric (Heating), Heat Pump (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Lvt/lvp
- Building materials
- Vinyl Siding, Wood Frame
- Roof type
- Shingle
Listing agent The Domenico Grillo Real Estate Team (910) 508-7387
Listing office Keller Williams Innovate-Wilmington 1001 Military Cutoff Suite 101, Wilmington, NC (910) 777-2200
Listing date May 31, 2026
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.
The property is located in downtown Wilmington, next to a new home development in Love Grove. Zoning is listed as R-3, and each duplex can be acquired separately or as one combined portfolio of eight duplexes (16 units total), depending on buyer preference. The listing also notes that some units are currently vacant while others are occupied.
For tenants, the offering includes government-backed lease support through the Sec8 program for applicable units, and the listing states that tenant requirements included no previous evictions and no felonies, along with strong landlord references. The listing further indicates that tenants may opt not to use Sec8. Reported total monthly rental income is $5,300 per duplex, or $43,200 per month for all eight duplexes combined. Condition is described as nearly new in the remarks, and floor plans and specifications are available through the MLS or upon request.
Key Highlights
- Portfolio of eight side‑by‑side duplexes in downtown Wilmington, each on its own parcel
- Built in 2023; each duplex contains 2 units with 4 bedrooms and 2 full bathrooms per unit
- Approximately 1,548 SF per unit; total for all eight duplexes is 24,768 SF, 64 bedrooms, and 32 bathrooms
