Duplex Portfolio with Private
1501 Stanley Street Wilmington, NC 28401
1501 Stanley Street, Wilmington, NC, 28401
$649,900
For Sale
$649,900
MULTI_FAMILY - Wilmington, NC
Property Size3,096 SF
Lot Size0.12 Acres
Price / SF$209.92
Days on Market48
Property Features for 1501 Stanley Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 7, Bedroom 8, Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 6
- Parking features
- Off Street
- Patio and Porch features
- Porch, Patio
- 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
- 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
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 Agency
Keller Williams Innovate-Wilmington
(910) 777-2200
1001 Military Cutoff Suite 101, Wilmington, NC
Listed by
The Domenico Grillo Real Estate Team
(910) 508-7387
Added: May 31 Checked: Jul 17 at 9:06 am
MLS# 100577978
Listing URL
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Investment Insights
Based on property information with market context.
This sale presents a portfolio of eight duplexes offered together or individually, with each duplex on its own parcel. Each duplex includes two units, and every unit is configured as four bedrooms and two full bathrooms with a floor plan that places one bedroom on the first level and three upstairs. The exterior features include a fenced-in backyard for each unit and a private driveway for each unit, plus a storage unit located in the back of every unit. Interior finishes referenced in the listing include granite countertops, stainless steel appliances, waterproof flooring, and attached floor plans and specifications available through the MLS or upon request.
The property is located at 1501 Stanley Street in Wilmington, NC 28401, described as being downtown next to a new home development in Love Grove. The eight duplexes are side by side in a row along the same street.
For tenant and operator fit, the current mix includes some vacant units and some occupied units. The listing states that existing leases are government-backed and guaranteed through the Sec8 program, with tenant screening requirements referenced in the remarks; tenants are also described as not required to be Sec8 if they do not want to participate. The seller notes government-backed rental income figures on a per-duplex basis and that the units are designed to be straightforward to rent and manage.
The property is located at 1501 Stanley Street in Wilmington, NC 28401, described as being downtown next to a new home development in Love Grove. The eight duplexes are side by side in a row along the same street.
For tenant and operator fit, the current mix includes some vacant units and some occupied units. The listing states that existing leases are government-backed and guaranteed through the Sec8 program, with tenant screening requirements referenced in the remarks; tenants are also described as not required to be Sec8 if they do not want to participate. The seller notes government-backed rental income figures on a per-duplex basis and that the units are designed to be straightforward to rent and manage.
Key Highlights
- Year built 2023 duplex package: 1 of 8 side‑by‑side duplexes in downtown Wilmington.
- Each duplex includes 2 units with 4 bedrooms and 2 full bathrooms per unit.
- Unit size: 1,548 SF per unit; all 8 duplexes total 16 units (64 bedrooms, 32 bathrooms).
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Eight side-by-side duplexes with private driveways, fenced yards, and storage units, with government-backed lease options available.
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: Year built 2023 duplex package: 1 of 8 side‑by‑side duplexes in downtown Wilmington.; Each duplex includes 2 units with 4 bedrooms and 2 full bathrooms per unit.; Unit size: 1,548 SF per unit; all 8 duplexes total 16 units (64 bedrooms, 32 bathrooms).
