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Historic Triplex with Garage
For Sale
$999,999

317 S 3rd Street, Wilmington, NC 28401

Residential Income, Wilmington, NC

Property Size3,000 SF
Lot Size0.10 Acres
Price / SF$333.33
Days on Market190

Property Features for 317 S 3rd Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning HD-R
Bedrooms 4
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 4, Bedroom 1
Parking 2
Parking features Driveway, Paved or Surfaced, Off Street
Patio and Porch features Porch
Interior features Master Downstairs, High Ceilings, Bookcases, 2nd Kitchen, Apt/Suite, Ceiling Fan(s), Furnished, Pantry, Blinds/Shades
Exterior features Balcony
Fireplace 1
Appliances Gas Oven, Electric Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher
Subdivision Historic District
Elementary school Snipes
Middle school Williston
High school New Hanover
Directions South on Market Street towards downtown. Make a left on the S. 3rd Street. House is on the left located between Ann and Nun Streets.
Standard status Active
APN R05405-020-004-000
Size 3,000 SF
Lot size 0.10 Acres

Additional Details

Currently Operating Yes

Taxes and HOA fees

Tax Year 2025
Tax Description Pt Lt 5 Blk 115 Wilm
Tax Annual Amount 4345
Legal Description Pt Lt 5 Blk 115 Wilm

Utilities

Heating system Electric (Heating), Natural Gas, Heat Pump (Heating)
Cooling system Window Unit(s), Central Air, Wall/Window Unit(s)
Water source Public

Building Details

Year built 1901
Floors in Building 2
Number of units 3
Flooring type Tile, Wood
Building materials Wood Siding, Wood Frame
Roof type Shingle
Listing Agency: Intracoastal Realty Corporation
Listed By: The Rieker Team
Added: Apr 24 Changed: Oct 29 Last Checked: Oct 30 at 3:06AM
MLS# 100569336

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1901, this 3,000-square-foot triplex contains three furnished apartments: one with two bedrooms and two with one bedroom each. Interior details include wood flooring, fireplace mantels, crown molding, high ceilings, and a separate first-floor laundry room. The property also has a balcony, a two-car garage, and off-street parking on a 0.1-acre lot. Zoning is HD-R.

The property is in Wilmington’s Historic District, within walking distance of the Riverwalk, restaurants, and shops. Reported 2025 occupancy was 93% for the two-bedroom apartment, 92% for one one-bedroom apartment, and 81% for the other.

Key Highlights

  • Three apartments: one two‑bedroom unit and two one‑bedroom units
  • 3,000 square feet on a 0.1‑acre lot
  • 2025 occupancy: 93%, 92%, and 81% across the three units

Property Analytics

Who owns this building? See the owner, sales and loan history
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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - Three furnished apartments include two one-bedroom residences and a two-bedroom residence.
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 $999,999.
What are key features of this property?
This property features: Three apartments: one two‑bedroom unit and two one‑bedroom units; 3,000 square feet on a 0.1‑acre lot; 2025 occupancy: 93%, 92%, and 81% across the three units
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