Income-Generating Triplex
For Sale
Contact for pricing
Pending
2020 Princess Place Dr, Wilmington, NC 28405
Well-maintained triplex offers short-, mid-, and long-term rental income with off-street parking.
Property Size2,015 SF
Days on Market241
Property Features for 2020 Princess Place Dr
General Information
Standard status
Pending
Size
2,015 SF
Property subtype
MULTIFAMILY
Zoning
Community Business
Additional Details
Furnished
Yes
Building Details
Tenancy
Multi
Listing Agency:
Intracoastal Realty Corp
Listed By:
Sky Grainger · License #234605
(910) 833-2546
Source:
Moodyscre
Added: Dec 1, 2025
Changed: Jul 26
Last Checked: Jul 30 at 10:31AM
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 income-generating triplex is currently operating with a mix of short-, mid-, and long-term rental arrangements. The property consists of three units totaling 2,015 square feet and is described as well maintained, with the units nicely updated. All furnishings are included with the sale, and there is off-street parking available for residents.
The property is located close to Downtown, Burnt Mill Creek, and the Soda Pop District. It is identified as a Community Business zoned property, which the listing notes may allow for additional opportunities beyond continuing the current operations.
The property is located close to Downtown, Burnt Mill Creek, and the Soda Pop District. It is identified as a Community Business zoned property, which the listing notes may allow for additional opportunities beyond continuing the current operations.
Key Highlights
- Income‑generating triplex currently operating as short-, mid-, and long‑term rentals
- 3 units totaling 2,015 sq ft
- Community Business zoning offers additional potential uses while supporting ongoing rental operations
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
348
Businesses Nearby
Explore this area
Business Placement
Demographics for 28405, NC
31,775
Population
17,073
Households
1.9
Avg Household Size
41
Median Age
41%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,352
Density / Sq Mi
$67,809
Median Household Income
$41,265
Median Earnings
$1,405
Median Rent
$337,000
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?
Triplex - Well-maintained triplex offers short-, mid-, and long-term rental income with off-street parking.
Where is this triplex located?
The property is located at 2020 Princess Place Dr Wilmington, NC.
What is the asking price?
The asking price for this property is $719,000.
What are key features of this property?
This property features: Income‑generating triplex currently operating as short-, mid-, and long‑term rentals; 3 units totaling 2,015 sq ft; Community Business zoning offers additional potential uses while supporting ongoing rental operations
