Search
Historic Downtown Wilmington Triplex Investment
For Sale
$1,075,000

308 Church Street, Wilmington, NC 28401

MULTI_FAMILY - Wilmington, NC

Property Size3,125 SF
Lot Size0.07 Acres
Price / SF$344
Days on Market92

Property Features for 308 Church Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning HD-R
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
Parking features Off Street
Patio and Porch features Porch, Deck
Interior features High Ceilings, Ceiling Fan(s), Blinds/Shades
Appliances Electric Oven, Electric Cooktop, Washer, Refrigerator, Range, Dryer, Dishwasher
Subdivision Historic District
Elementary school Snipes
Middle school Williston
High school New Hanover
Directions From S. 3rd Street heading south, turn left onto Church Street. The property will be on the left.
Standard status Active
APN R05405-034-005-000
Size 3,125 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description M 1 WILMINGTON BLK 89
Tax Annual Amount 3883
Legal Description M 1 WILMINGTON BLK 89

Utilities

Utilities Water Available
Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Central Air

Building Details

Year built 1889
Floors in Building 3
Number of units 3
Flooring type Wood, Tile, Lvt/lvp
Building materials Wood Siding, Wood Frame
Roof type Shingle
Listing Agency: Salt and Stone Property Group
Listed By: Jesse A Canady · License #291485
Added: May 1 Changed: Jul 18 Last Checked: Jul 31 at 12:06AM
MLS# 100570893

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 three-unit investment property is located in historic downtown Wilmington. Known as the Cumming-Taylor House, this Queen Anne residence was built in the late 1800's and is situated on a brick-lined street in the heart of the historic district. The home features a wraparound front porch leading into a formal foyer, soaring ceilings, hardwood floors, and intricate trim work. The property is configured into three separate units. The first and second floors each offer two-bedroom, one-bath apartments, while the third floor features a one-bedroom, one-bath unit. Each unit has access to private outdoor spaces, including porches or decks, along with a generously sized fenced backyard. Off-street parking is available. The property is located blocks from the riverwalk, restaurants, shops, and local attractions. The property is suitable for either short term or long term rentals with an established rental history and strong guest reviews. The lot size is 0.07 acres. The property size is 3125 square feet. The zoning is HD-R.

Key Highlights

  • Three‑unit investment property in Wilmington with a Queen Anne‑style home built in 1889
  • Unit layout: two 2‑bedroom, 1‑bath apartments on the 1st and 2nd floors, plus a 1‑bedroom, 1‑bath unit on the 3rd floor
  • Historic downtown home with high ceilings, hardwood flooring, and intricate trim work

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic Butcher Garden Center Florist

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

3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,705
Businesses Nearby

Demographics for 28401, NC

22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property in historic downtown Wilmington with income potential.
Where is this triplex located?
The property is located at 308 Church Street Wilmington, NC.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Three‑unit investment property in Wilmington with a Queen Anne‑style home built in 1889; Unit layout: two 2‑bedroom, 1‑bath apartments on the 1st and 2nd floors, plus a 1‑bedroom, 1‑bath unit on the 3rd floor; Historic downtown home with high ceilings, hardwood flooring, and intricate trim work
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