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Duplex with Covered Porch
For Sale
$585,000
Pending

418 S 4th St, Wilmington, NC 28401

Two separately equipped units feature private kitchens, hardwood flooring, updated appliances, and in-unit laundry.

Property SizeContact for details
Days on Market146

Property Features for 418 S 4th St

General Information

Standard status Pending
Total Parking Spaces 4
Property subtype Residential Income

Additional Details

Road Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,917

Amenities

granite/quartz countertops
original hardwood floors
updated appliances
in-unit washer/dryer
covered porch

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Corcoran HM Properties
Listed By: Donna Waller · License #295463
Source: Exprealty
Added: Mar 19 Changed: Aug 10 Last Checked: Aug 10 at 8:16AM

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 Corcoran HM Properties

Investment Insights

Based on property information with market context.

This duplex in Wilmington’s Historic District includes two distinct residential units, each with a private kitchen, original hardwood floors, updated appliances, and an in-unit washer and dryer. Kitchen finishes include granite or quartz countertops, and a large covered porch adds shared outdoor space. The property also offers alley access and off-street parking for up to four vehicles.

The two units have been rented in different formats: one as a furnished long-term rental and the other as a short-term rental serving travel nurses. The property is on S 4th St, near local boutiques, restaurants, and the Riverwalk. A floor plan indicates that the downstairs layout could be converted into a two-bedroom unit.

Key Highlights

  • Two‑unit duplex in Wilmington’s Historic District
  • Separate private kitchens with granite or quartz countertops
  • Original hardwood floors and updated appliances in both units

Property Analytics

Current Use

Duplexes

Suggested Use

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

2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,582
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two separately equipped units feature private kitchens, hardwood flooring, updated appliances, and in-unit laundry.
Where is this duplex located?
The property is located at 418 S 4th St Wilmington, NC.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Two‑unit duplex in Wilmington’s Historic District; Separate private kitchens with granite or quartz countertops; Original hardwood floors and updated appliances in both units
More about this property
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