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Multifamily Property with Covered Porch
For Sale
$349,900

2550/2560 Chestnut St, Wilmington, NC 28405

Multi-unit configuration with modern flooring, yard space, and a covered porch for outdoor use.

Property Size1,744 SF
Price / SF$200.63
Days on Market59

Property Features for 2550/2560 Chestnut St

General Information

Standard status Active
Size 1,744 SF
Property subtype Multi-Family

Building Details

Year Built 1984
Listing Agency: RE/MAX Executive
Listed By: Angie & Cedric Robinson · License #267062
Source: Coastalrealtyassociates
Added: Aug 12 Changed: Oct 1 Last Checked: Oct 7 at 12:35PM

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 RE/MAX Executive

Investment Insights

Based on property information with market context.

This 1,744-square-foot multifamily property was built in 1984 and includes a multi-unit configuration suited to rental occupancy or owner use. Interior features include bright living areas, functional floor plans, and modern flooring throughout. The exterior adds a generous yard and covered porch, providing additional shared or private outdoor space.

The property is located on Chestnut Street in Wilmington, near downtown, dining, shopping, major thoroughfares, and coastal attractions. Its central setting places everyday services and area destinations within the surrounding community.

Key Highlights

  • 1,744 SF multifamily property built in 1984
  • Multi‑unit configuration with functional floor plans
  • Modern flooring throughout the living spaces

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Nail Salon Hair Salon Real Estate Agency Bakery Building Supply

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

304
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - Multi-unit configuration with modern flooring, yard space, and a covered porch for outdoor use.
Where is this multifamily property located?
The property is located at 2550/2560 Chestnut St Wilmington, NC.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 1,744 SF multifamily property built in 1984; Multi‑unit configuration with functional floor plans; Modern flooring throughout the living spaces
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