Renovated Two-Unit
New
For Sale
$709,900
305 Macmillan Avenue N, Wilmington, NC 28403
Residential Income, Wilmington, NC
Property Size2,781 SF
Lot Size0.41 Acres
Price / SF$255.27
Days on Market2
Property Features for 305 Macmillan Avenue N
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-10
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 6, Bathroom 6, Bathroom 1, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 5, Bedroom 3
Parking features
Off Street
Patio and Porch features
Patio, Porch
Interior features
High Ceilings, Wash/Dry Connect, Ceiling Fan(s)
Fencing
Fenced, Chain Link
Elementary school
College Park
Middle school
Williston
High school
Hoggard
Directions
Heading S on College Road, turn left onto Wrightsville Avenue. Turn Left at traffic light onto MacMillan, 305 located on your left.
Standard status
Active
APN
R05519-007-014-000
Size
2,781 SF
Lot size
0.41 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Blk 3 Pt Fm 53 Winter Pk
Tax Annual Amount
3384
Legal Description
Blk 3 Pt Fm 53 Winter Pk
Utilities
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Amenities
covered porch
patio
fenced rear yard
Building Details
Year built
1917
Floors in Building
1
Number of units
2
Building materials
Block, Vinyl Siding
Roof type
Metal
Listing Agency:
Coldwell Banker Sea Coast Advantage-Midtown · Coldwell Banker Real Estate
(910) 799-5531
Listed By:
Tammie Fuerstenberg · License #40150690
(612) 280-8010
Added: Oct 13
Last Checked: Oct 14 at 8:06AM
MLS# 100607026
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 2,781-square-foot duplex contains two three-bedroom, three-bathroom residences. The 0.41-acre property has a metal roof installed in 2019, off-street gravel parking, and a fenced rear yard. A porch and patio provide additional outdoor areas. Interior features include high ceilings, ceiling fans, and washer/dryer connections. Heating is electric forced air, with central air conditioning.
The property is in Wilmington, within four blocks of the UNCW campus. It is zoned R-10, and tenants are currently in place. The reported cap rate is 6.9%.
The property is in Wilmington, within four blocks of the UNCW campus. It is zoned R-10, and tenants are currently in place. The reported cap rate is 6.9%.
Key Highlights
- Two residences, each with 3 bedrooms and 3 bathrooms
- 2,781‑square‑foot duplex on 0.41 acres
- Reported 6.9% cap rate; tenants currently occupy both units
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,356
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms and three bathrooms, and both units are occupied by tenants.
Where is this duplex located?
The property is located at 305 Macmillan Avenue 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 residences, each with 3 bedrooms and 3 bathrooms; 2,781‑square‑foot duplex on 0.41 acres; Reported 6.9% cap rate; tenants currently occupy both units
