Search
Three-Story Multifamily Residence
For Sale
$699,000

322 Lance Drive, Wilmington, NC 28405

MULTI_FAMILY - Wilmington, NC

Property Size3,354 SF
Lot Size0.54 Acres
Price / SF$208.41
Days on Market312

Property Features for 322 Lance Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-15
Bedrooms 5
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 3
Parking 3
Parking features Off Street
Patio and Porch features Deck
Interior features Master Downstairs, High Ceilings, Kitchen Island, Apt/Suite, Ceiling Fan(s), Furnished, Pantry, Blinds/Shades
Subdivision Westwood Heights
Elementary school Wrightsville Beach
Middle school Noble
High school New Hanover
Directions Military Cutoff - North towards Mayfaire. Through stop light at Station Road. Right onto E. Westwood Road. Left onto Lance Dr. Home is last one on your right.
Standard status Active
APN R05105-001-011-000
Size 3,354 SF
Lot size 0.54 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 12R Westwood Heights
Tax Annual Amount 3406
Legal Description Lot 12R Westwood Heights

Utilities

Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Central Air

Building Details

Year built 2007
Floors in Building 3
Number of units 2
Building materials Wood Siding, Wood Frame
Roof type Shingle
Listing Agency: Intracoastal Realty Corporation
Listed By: Caroline D Harrison · License #297047
Added: Sep 23, 2025 Changed: Jul 23 Last Checked: Jul 30 at 11:06PM
MLS# 100577493

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.

Welcome to 322 Lance Drive, a three-story multifamily residence with 5 bedrooms and 3.5 bathrooms, set in a quiet wooded setting. The main level includes a primary suite with a walk-in closet and dual vanity bath, plus additional bedrooms upstairs and a flexible layout that can suit changing needs. Hardwood floors, plantation shutters, and custom millwork are carried throughout the home. The kitchen features granite countertops, stainless steel appliances, a breakfast bar, walk-in pantry, and built-in seating, and the home includes a reverse osmosis water system.

The lower level is designed for versatility, with its own kitchen, private entrance, laundry room, bedroom, full bath, and separate living space. Outdoor living is highlighted by a covered porch (22x16). Parking and storage include an attached garage plus a detached two-car garage.

Located in Wilmington, the property is described as minutes from Mayfaire and adjacent to the Landfall area, with the future Avenue development noted nearby. The home is also offered with a home warranty and an assumable VA loan.

Key Highlights

  • 5‑bedroom, 3.5‑bath three‑story home with a versatile lower‑level suite
  • Lower level includes its own kitchen, private entrance, laundry room, bedroom, full bath, and separate living space
  • Kitchen features granite countertops, stainless steel appliances, breakfast bar, walk‑in pantry, and built‑in seating

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Bakery Food Market Barber Shop Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

407
Businesses Nearby

Demographics for 28405, NC

31,775
Population
17,073
Households
1.9
Avg Household Size
41
Median Age
41%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,352
Density / Sq Mi
$67,809
Median Household Income
$41,265
Median Earnings
$1,405
Median Rent
$337,000
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?
Duplex - Three-story home with 5 bedrooms and a lower level offering a private entrance, full bath, and separate living area.
Where is this duplex located?
The property is located at 322 Lance Drive Wilmington, NC.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 5‑bedroom, 3.5‑bath three‑story home with a versatile lower‑level suite; Lower level includes its own kitchen, private entrance, laundry room, bedroom, full bath, and separate living space; Kitchen features granite countertops, stainless steel appliances, breakfast bar, walk‑in pantry, and built‑in seating
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