Search
Duplex with Covered Porch
New
For Sale
$709,900

305 Macmillan Ave N, Wilmington, NC 28403

Two three-bedroom units offer an option for rental occupancy or an owner-occupant arrangement.

Property Size2,781 SF
Price / SF$255.27
Days on Market3

Property Features for 305 Macmillan Ave N

General Information

Standard status Active
Size 2,781 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/3BA
Multifamily Units 2

Additional Details

Cap Rate 6.9%

Amenities

covered porch
patio
fenced rear yard

Building Details

Year Built 1917
Buildings 1
Listing Agency: Cindy Twiddy Realty, Inc
Listed By: Kelli Salter
Source: Carolinarealestatecentral
Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 8:37AM

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 Cindy Twiddy Realty, Inc

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1917, this duplex contains two 3-bedroom, 3-bathroom units. The property includes a covered porch, patio, fenced rear yard, and gravel parking. A metal roof was installed in 2019, and tenants are in place.

The property is within four blocks of the UNCW campus in Wilmington. An appointment is required for access.

Key Highlights

  • Two units, each configured with 3 bedrooms and 3 bathrooms
  • Metal roof installed in 2019
  • Gravel parking, a fenced rear yard, covered porch, and patio

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Locksmith Bakery Nursing Home Restaurant (Bike/Boat/Book/etc) Store Fish Market

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,356
Businesses Nearby

Demographics for 28403, NC

38,134
Population
20,424
Households
1.9
Avg Household Size
30
Median Age
48%
College-Educated
94%
High-School Grad
14.0 sq mi
ZIP Area
2,724
Density / Sq Mi
$50,988
Median Household Income
$30,991
Median Earnings
$1,293
Median Rent
$337,600
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

Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units offer an option for rental occupancy or an owner-occupant arrangement.
Where is this duplex located?
The property is located at 305 Macmillan Ave N Wilmington, NC.
What is the asking price?
The asking price for this property is $709,900.
What are key features of this property?
This property features: Two units, each configured with 3 bedrooms and 3 bathrooms; Metal roof installed in 2019; Gravel parking, a fenced rear yard, covered porch, and patio
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again