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Updated Historic Triplex
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220 Castle Street, Wilmington, NC 28401

Updated three-unit property includes two apartments and a studio.

Property SizeContact for details
Days on Market143

Property Features for 220 Castle Street

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Intracoastal Realty Corp
Listed By: Jeff Hovis · License #234605
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 2:53AM

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 historic triplex at 220 Castle Street contains three distinct residential units with updated interiors. Unit A measures 856 SF and offers two bedrooms, one bathroom, a spacious living room, and a combined kitchen and living area. Unit B provides 699 SF with one bedroom, one bathroom, a living room, and a kitchen-dining combination. Unit C is a 549 SF studio with a full bathroom and kitchen.

The property is within walking distance of downtown Wilmington and near the Castle Street Antique and Arts district. Arts venues, restaurants, businesses, and Wilmington’s historic downtown are also nearby. The three-unit layout supports flexible occupancy, including residence in one unit while renting the others, subject to applicable requirements.

Key Highlights

  • Three‑unit historic property with updated interiors
  • Unit A: 856 SF, two bedrooms, and one bathroom
  • Unit B: 699 SF, one bedroom, and one bathroom

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Garden Center Butcher Veterinary Clinic Florist

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

Location Intelligence

Trade Area within ½ mile

992
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?
Triplex - Updated three-unit property includes two apartments and a studio.
Where is this triplex located?
The property is located at 220 Castle Street Wilmington, NC.
What are key features of this property?
This property features: Three‑unit historic property with updated interiors; Unit A: 856 SF, two bedrooms, and one bathroom; Unit B: 699 SF, one bedroom, and one bathroom
(910) 512-2205 Call to check price and availability
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