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Updated Furnished Triplex
New
For Sale
$1,019,999

317 S 3rd Street, Wilmington, NC 28401

Historic three-unit property with furnished accommodations, period details, a detached two-car garage, and off-street parking.

Property Size3,000 SF
Price / SF$339
Days on Market3

Property Features for 317 S 3rd Street

General Information

Standard status Active
Size 3,000 SF
Total Parking Spaces 2
Property subtype Multi-Family
Zoning HD-R

Units

Unit Mix 1 x 2BR, 1 x 1BR with balcony, 1 x 1BR
Multifamily Units 3

Additional Details

Furnished Yes

Taxes and HOA fees

Annual Taxes $4,344

Amenities

laundry room
Tile,Wood
Dining Room
No
Yes
4
Electric,Natural Gas
Furnished
2
Laundry Room
3
Master Downstairs,High Ceilings,Bookcases,2nd Kitchen,Apt/Suite,Ceiling Fan(s),Furnished,Pantry,Blinds/Shades
Public
See Remarks
0.1
2.0
28x165
Wood Siding
Shared Driveway,Detached,Off Street,On Site,Unpaved
Paved
None,Balcony
Brick/Mortar,Raised,Basement
City Street,State Road,Paved
3000.0

Building Details

Year Built 1901
Stories 2
Listing Agency: Realty ONE Group East
Listed By: Morgan Sheffield · License #436233
Source: Baystreetrealtygroup
Added: Sep 1 Changed: Sep 2 Last Checked: Sep 2 at 1:30PM

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 Realty ONE Group East

Investment Insights

Based on property information with market context.

Built in 1901, this 3,000-square-foot triplex combines updated amenities with preserved historic detailing, including original heart pine floors, fireplace mantels, crown moldings, solid wood doors, high ceilings, and bookcases. The property includes three furnished units: a two-bedroom residence, a one-bedroom unit with balcony, and a second one-bedroom unit. A first-floor laundry room supports turnover, while a detached two-car garage and off-street parking add practical utility. HD-R zoning is in place.

The property is within Wilmington's Historic District and offers walkable access to the riverwalk, restaurants, and shops. Reported 2025 occupancy was 93% for Unit A, 92% for Unit B, and 81% for Unit C. More than 300 days were booked for the remainder of 2026 as of July 2.

Key Highlights

  • 3,000 SF triplex built in 1901
  • Unit mix includes two‑bedroom and two one‑bedroom furnished units
  • 2025 occupancy: 93% for Unit A, 92% for Unit B, and 81% for Unit C

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

2,423
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
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Frequently Asked Questions

What type of property is this?
Triplex - Historic three-unit property with furnished accommodations, period details, a detached two-car garage, and off-street parking.
Where is this triplex located?
The property is located at 317 S 3rd Street Wilmington, NC.
What is the asking price?
The asking price for this property is $1,019,999.
What are key features of this property?
This property features: 3,000 SF triplex built in 1901; Unit mix includes two‑bedroom and two one‑bedroom furnished units; 2025 occupancy: 93% for Unit A, 92% for Unit B, and 81% for Unit C
More about this property
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