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Newly Built Four-Unit Quadplex
For Sale
$1,415,000

2852 Worth Drive, Wilmington, NC 28412

Residential Income, Wilmington, NC

Property Size6,004 SF
Lot Size0.33 Acres
Price / SF$235.68
Days on Market97

Property Features for 2852 Worth Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-5
Bedrooms 12
Bathrooms 8
Full bathrooms 8
Half bathrooms 4
Rooms Bathroom 6, Bathroom 11, Bedroom 4, Bedroom 6, Bathroom 5, Bathroom 9, Bathroom 7, Bathroom 8, Bedroom 11, Bedroom 3, Bathroom 3, Bedroom 8, Bathroom 10, Bathroom 1, Bathroom 12, Bathroom 4, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 7, Bedroom 9, Bedroom 10, Bedroom 12, Bedroom 5
Parking 4
Parking features Garage
Patio and Porch features Porch
Interior features Wash/Dry Connect, Pantry, Blinds/Shades
Appliances Vented Exhaust Fan, Electric Oven, Built-In Microwave, Washer, Dryer, Dishwasher
Subdivision Belmont
Lot features Level
Elementary school Sunset
Middle school Williston
High school New Hanover
Directions Starting in Downtown Wilmington, head south on S 3rd Street and make a left onto Carolina Beach Road. Continue to Shipyard Boulevard and take a right. From Shipyard Boulevard, turn left onto Worth Drive. The property will be on your left-hand side.
Standard status Active
APN R06505-012-040-000
Size 6,004 SF
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LIBERTY LANDING AT MIDTOWN CONDOMINIUMS
Tax Annual Amount 9240
Legal Description LIBERTY LANDING AT MIDTOWN CONDOMINIUMS

Utilities

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

Building Details

Year built 2022
Floors in Building 2
Number of units 4
Flooring type Lvt/lvp
Building materials Vinyl Siding, Wood Frame
Roof type Shingle, Metal
Listing Agency: Cotton Property Management
Listed By: Trevor Berry · License #335515
Added: Jun 30 Changed: Sep 12 Last Checked: Oct 4 at 11:06PM
MLS# 100585367

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.

Completed in 2022, this quadplex comprises two duplex-style buildings with four condominium units totaling 6,004 square feet. Each two-story residence provides 1,501 square feet of living area, a 473-square-foot two-car garage, three bedrooms, and multiple bathrooms. Interior features include open living, dining, and kitchen areas, wood cabinetry, granite countertops, LVT/LVP flooring, full-size laundry areas, storage, and included appliances. Covered porches or patios extend the living space outdoors.

The property occupies 0.33 acres in Wilmington, near the river, downtown, beaches, entertainment venues, museums, art districts, restaurants, and shopping. Tenants are currently in place, and the property is zoned R-5. Public water serves the development, while heating and cooling are provided by electric heat pumps and central air.

Key Highlights

  • Four condominium units arranged in two duplex‑style buildings
  • Built in 2022 with 6,004 square feet of total property size
  • Each unit offers 1,501 square feet, three bedrooms, and a 473‑square‑foot two‑car garage

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Skin Care Clinic

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby

Demographics for 28412, NC

42,758
Population
20,704
Households
2.1
Avg Household Size
43
Median Age
41%
College-Educated
93%
High-School Grad
22.3 sq mi
ZIP Area
1,917
Density / Sq Mi
$67,396
Median Household Income
$40,351
Median Earnings
$1,326
Median Rent
$342,600
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?
Quadplex - Four occupied condominium residences feature modern finishes, private garages, and two-story layouts.
Where is this quadplex located?
The property is located at 2852 Worth Drive Wilmington, NC.
What is the asking price?
The asking price for this property is $1,415,000.
What are key features of this property?
This property features: Four condominium units arranged in two duplex‑style buildings; Built in 2022 with 6,004 square feet of total property size; Each unit offers 1,501 square feet, three bedrooms, and a 473‑square‑foot two‑car garage
More about this property
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