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Duplex with Covered Porch
For Sale
$349,900

2550/2560 Chestnut Street, Wilmington, NC 28405

Residential Income, Wilmington, NC

Property Size1,744 SF
Lot Size0.28 Acres
Price / SF$200.63
Days on Market19

Property Features for 2550/2560 Chestnut Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-10
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 2
Parking features Off Street
Patio and Porch features Porch, Deck
Interior features Master Downstairs
Exterior features Storm Doors
Appliances Electric Oven, Refrigerator
Subdivision Not In Subdivision
Elementary school Freeman
Middle school Holly Shelter
High school New Hanover
Directions Market street towards downtown. Turn right on 26th street. Turn left on Chestnut. Home will be on the left.
Standard status Active
APN R04816-015-004-0001, R04816-015-004-0002
Size 1,744 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 26 & PT LOT 25 BLK C WILLIAMS DEV
Tax Annual Amount 2822
Legal Description LOT 26 & PT LOT 25 BLK C WILLIAMS DEV

Utilities

Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

covered porch

Building Details

Year built 1984
Floors in Building 1
Number of units 2
Flooring type Laminate, Carpet
Building materials Wood Siding, Wood Frame
Roof type Shingle
Listing Agency: RE/MAX Executive
Listed By: Angie & Cedric Robinson · License #267062
Added: Aug 27 Changed: Sep 11 Last Checked: Sep 14 at 8:06AM
MLS# 100599384

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.

This Wilmington duplex contains 1,744 square feet on a 0.277-acre lot and was built in 1984. The property includes four bedrooms and two bathrooms, with laminate and carpet flooring, electric heat pump heating, central air, and public water service. Electric ovens and refrigerators are included, while wood siding, wood-frame construction, and a shingle roof define the exterior.

Outdoor features include a covered porch, deck, storm doors, and off-street parking. Located at 2550/2560 Chestnut Street, the property is near downtown Wilmington, dining, shopping, major thoroughfares, and local coastal attractions. R-10 zoning and the duplex configuration support its residential income use.

Key Highlights

  • Duplex configuration at 2550/2560 Chestnut Street
  • 1,744 square feet on 0.277 acres
  • Four bedrooms and two bathrooms

Property Analytics

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Current Use

Duplexes

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

350
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with functional interiors, off-street parking, and a yard for outdoor use.
Where is this duplex located?
The property is located at 2550/2560 Chestnut Street 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: Duplex configuration at 2550/2560 Chestnut Street; 1,744 square feet on 0.277 acres; Four bedrooms and two bathrooms
More about this property
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