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Newer Duplex with Fenced Yards
For Sale
$649,900

1501 Stanley Street A&b, Wilmington, NC 28401

Two four-bedroom residences offer private driveways, separate outdoor space, and contemporary interior finishes.

Property Size3,096 SF
Price / SF$209.92
Days on Market18

Property Features for 1501 Stanley Street A&b

General Information

Standard status Active
Size 3,096 SF
Property subtype Multi-Family

Financials

Gross Income $518,400
Average Monthly Rent $2,700

Units

Unit Mix 16 x 4BR/2BA
Multifamily Units 16

Amenities

fenced in backyard
storage unit
granite counter tops
stainless steel appliances
water proof flooring

Building Details

Year Built 2023
Buildings 8
Listing Agency: Keller Williams Innovate-Wilmington
Listed By: The Domenico Grillo Real Estate Team · License #no data
Source: Pinpointnc
Added: Aug 13 Changed: Aug 28 Last Checked: Aug 29 at 12:30PM

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.

Built in 2023, this duplex contains two residences, each with four bedrooms and two full bathrooms. The floor plan places one bedroom on the first level and three upstairs. Each side includes a private driveway, a fenced backyard, and a rear storage unit. Interior features include granite countertops, stainless steel appliances, and waterproof flooring.

The property is located on Stanley Street in Wilmington, with each duplex situated on its own parcel. The offering may be acquired individually or as part of a larger group of eight side-by-side duplexes. Across the full group, the configuration totals 16 residences, with 1,548 square feet per unit and 24,768 square feet overall. Some units are occupied while others are vacant, and existing leases are supported through the Section 8 program.

Key Highlights

  • 2023 construction with 3,096 square feet across the duplex
  • Two units with 4 bedrooms and 2 full bathrooms each
  • 1,548 square feet per unit; 24,768 square feet across 8 duplexes

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Pharmacy Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

139
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two four-bedroom residences offer private driveways, separate outdoor space, and contemporary interior finishes.
Where is this duplex located?
The property is located at 1501 Stanley Street A&b Wilmington, NC.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 2023 construction with 3,096 square feet across the duplex; Two units with 4 bedrooms and 2 full bathrooms each; 1,548 square feet per unit; 24,768 square feet across 8 duplexes
More about this property
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