Four-Unit Duplex
For Sale
Contact for pricing
1421 Wellington Avenue Wilmington NC, Wilmington, NC 28401
Two duplex buildings on adjacent lots with off-street parking, a garage, and income-producing residential units.
Property Size3,542 SF
Price / SF$300.68
Days on Market146
Property Features for 1421 Wellington Avenue Wilmington NC
General Information
Standard status
Active
Size
3,542 SF
Property subtype
Multifamily
Zoning
O&I
Occupancy
100%
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/2BA, 1 x 2BR/1BA, 1 x 3BR/3BA
Multifamily Units
4
Building Details
Year Built
1974
Buildings
2
Units
4
Listing Agency:
Intracoastal Realty Corp
(910) 512-2205
Listed By:
Jeff Hovis · License #234605
Source:
Crexi
Added: Apr 7
Changed: Aug 29
Last Checked: Aug 29 at 6:04PM
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 Intracoastal Realty Corp
Investment Insights
Based on property information with market context.
This multifamily property comprises two duplex buildings sold together on adjacent lots, totaling 3,542 square feet. The four-unit configuration includes one 3BR/2BA unit, one 2BR/2BA unit, one 2BR/1BA unit, and one 3BR/3BA unit. Improvements date to 1974, and the property includes off-street parking and a garage.
The parcels occupy a corner lot and carry O&I zoning. Existing residential use is supported by the current unit configuration, while any conversion to other permitted uses remains subject to buyer verification. All four units are currently income-producing. The property is near a hospital, shopping, businesses, and beaches in Wilmington, North Carolina.
The parcels occupy a corner lot and carry O&I zoning. Existing residential use is supported by the current unit configuration, while any conversion to other permitted uses remains subject to buyer verification. All four units are currently income-producing. The property is near a hospital, shopping, businesses, and beaches in Wilmington, North Carolina.
Key Highlights
- Four residential units totaling 3,542 square feet
- Unit mix includes 3BR/2BA, 2BR/2BA, 2BR/1BA, and 3BR/3BA layouts
- Two duplex buildings are sold together on adjacent lots
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,132
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 - Two duplex buildings on adjacent lots with off-street parking, a garage, and income-producing residential units.
Where is this duplex located?
The property is located at 1421 Wellington Avenue Wilmington NC 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: Four residential units totaling 3,542 square feet; Unit mix includes 3BR/2BA, 2BR/2BA, 2BR/1BA, and 3BR/3BA layouts; Two duplex buildings are sold together on adjacent lots
