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Newer Duplex with Private Yards
For Sale
$649,900

1501 Stanley Street, Wilmington, NC 28401

Residential Income, Wilmington, NC

Property Size3,096 SF
Lot Size0.12 Acres
Price / SF$209.92
Days on Market95

Property Features for 1501 Stanley Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-3
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 8, Bedroom 3, Bedroom 4, Bathroom 4, Bedroom 7, Bathroom 2
Parking features Off Street
Patio and Porch features Patio, Porch
Interior features High Ceilings, Wash/Dry Connect, Kitchen Island, Ceiling Fan(s), Pantry, Walk-in Shower
Appliances Electric Oven, Electric Cooktop, Built-In Microwave, Refrigerator, Disposal, Dishwasher
Subdivision Love Grove
Elementary school Snipes
Middle school Williston
High school New Hanover
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 R04806-006-024-000
Size 3,096 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 8 Love Grove Blk 18
Tax Annual Amount 3137
Legal Description Lot 8 Love Grove Blk 18

Utilities

Heating system Heat Pump (Heating), Electric (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 Agency: Keller Williams Innovate-Wilmington · Keller Williams Realty
Listed By: The Domenico Grillo Real Estate Team · License #47250
Added: May 31 Changed: Aug 20 Last Checked: Sep 2 at 2:06AM
MLS# 100577978

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.

Built in 2023, this duplex contains two residences, each arranged with four bedrooms and two full bathrooms. The units feature 1,548 square feet apiece, separate driveways, fenced rear yards, and a storage unit behind each residence. Interior improvements include granite countertops, stainless steel appliances, waterproof LVT/LVP flooring, kitchen islands, pantries, walk-in showers, and washer-dryer connections. Central air and electric heat-pump systems support year-round comfort, while vinyl siding and a shingle roof complete the exterior.

The property occupies a 0.115-acre parcel at 1501 Stanley Street in Wilmington, North Carolina, with public water service and off-street parking. R-3 zoning is in place. Each unit includes one bedroom downstairs and three bedrooms upstairs, providing a clearly separated living arrangement within the duplex.

Key Highlights

  • Two‑unit duplex built in 2023
  • Each unit offers 1,548 square feet, 4 bedrooms, and 2 full bathrooms
  • Each residence has a private driveway and fenced backyard

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separately accessed residences offer updated finishes, individual parking, and outdoor space within an R-3 zoning designation.
Where is this duplex located?
The property is located at 1501 Stanley Street 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: Two‑unit duplex built in 2023; Each unit offers 1,548 square feet, 4 bedrooms, and 2 full bathrooms; Each residence has a private driveway and fenced backyard
More about this property
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