Corner Lot Quadplex
1421 -1425 Wellington Avenue Wilmington, NC 28401
For Sale
$1,065,000
MULTI_FAMILY - Wilmington, NC
Property Size3,542 SF
Lot Size0.30 Acres
Price / SF$300.68
Days on Market117
Property Features for 1421 -1425 Wellington Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
O&I
Bedrooms
9
Bathrooms
4
Rooms
Bathroom 3, Bedroom 9, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2, Bathroom 4, Bathroom 5, Bedroom 3, Bedroom 7, Bathroom 6, Bedroom 4, Bedroom 8
Parking
1
Parking features
Off Street
Standard status
Active
APN
R06015-001-001-000
Size
3,542 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
South Wellington Heights and Blk 11 S Wilm Place
Tax Annual Amount
3102
Utilities
Heating system
Electric (Heating), Forced Air
Cooling system
Central Air
Building Details
Year built
1974
Floors in Building
1
Number of units
4
Flooring type
Vinyl
Building materials
Brick Veneer, Vinyl Siding, Wood Frame
Roof type
Shingle
Listing Agency:
Intracoastal Realty Corporation
(910) 256-4503
Listed By:
Jeffrey G Hovis · License #234605
(910) 512-2205
Added: Apr 4
Changed: Jul 18
Last Checked: Jul 29 at 4:06PM
MLS# 100564998
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 turnkey quadplex features two duplexes sold together on adjacent lots. The unit mix includes one 3BR/2BA, one 2BR/2BA, one 2BR/1BA, and one 3BR/3BA. The property provides off-street parking and a garage.
Set on a corner lot and zoned O&I, the property supports continued residential use, with potential for other permitted uses (buyer to verify). It is located near a hospital, shopping, businesses, and beaches, a setup that can support strong local rental demand.
Offered as a fully income-producing investment, the configuration combines four separate units within a single ownership structure, with parking and garage amenities already in place.
Set on a corner lot and zoned O&I, the property supports continued residential use, with potential for other permitted uses (buyer to verify). It is located near a hospital, shopping, businesses, and beaches, a setup that can support strong local rental demand.
Offered as a fully income-producing investment, the configuration combines four separate units within a single ownership structure, with parking and garage amenities already in place.
Key Highlights
- Turnkey 4‑unit setup: two duplexes on adjacent lots sold together
- Unit mix: one 3BR/2BA, one 2BR/2BA, one 2BR/1BA, and one 3BR/3BA
- Currently fully income‑producing
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Turnkey four-unit property with off-street parking and garages on adjacent lots, fully income-producing.
Where is this quadplex located?
The property is located at 1421 -1425 Wellington Avenue Wilmington, NC.
What is the asking price?
The asking price for this property is $1,065,000.
What are key features of this property?
This property features: Turnkey 4‑unit setup: two duplexes on adjacent lots sold together; Unit mix: one 3BR/2BA, one 2BR/2BA, one 2BR/1BA, and one 3BR/3BA; Currently fully income‑producing
