12-Unit Residential Townhome
For Sale
$2,765,000
4302 Reed, Wilmington, NC 28405
Twelve fully leased condo/townhome units with a mix of 3- and 2-bedroom layouts for residential income buyers.
Days on Market290
Property Features for 4302 Reed
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
2000
Listing Agency:
COLDWELL BANKER SEA COAST ADVANTAGE-CB
Listed By:
AJAY SINGH
Source:
Corcoran
Added: Oct 14, 2025
Changed: Jul 10
Last Checked: Jul 30 at 8:02AM
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 COLDWELL BANKER SEA COAST ADVANTAGE-CB
Investment Insights
Based on property information with market context.
This offering is a 12-unit residential condo/townhome portfolio sale presented as turn-key and fully leased. The unit mix includes eleven 3-bedroom, 2-bath homes and one 2-bedroom, 2-bath home. Units are identified within the portfolio, including locations under Cape Cottages and Hunters Trail Crossing, along with other included addresses such as 4302 Reed Court and 5136 Lamppost Circle.
The portfolio is described as being in the heart of Wilmington with close proximity to UNCW. Included addresses span multiple individual buildings within the portfolio, reflecting a small, distributed setup rather than a single consolidated structure.
For buyers and brokers evaluating residential income options, the clear 3/2 and 2/2 layout mix provides straightforward tenant-level fit for common household needs. With the listing indicating the units are fully leased, the property is positioned for an investor seeking an income-oriented residential portfolio, with financial details available through the listing agent.
The portfolio is described as being in the heart of Wilmington with close proximity to UNCW. Included addresses span multiple individual buildings within the portfolio, reflecting a small, distributed setup rather than a single consolidated structure.
For buyers and brokers evaluating residential income options, the clear 3/2 and 2/2 layout mix provides straightforward tenant-level fit for common household needs. With the listing indicating the units are fully leased, the property is positioned for an investor seeking an income-oriented residential portfolio, with financial details available through the listing agent.
Key Highlights
- 12‑unit residential condo/townhome portfolio built in 2000
- Unit mix: 11 units are 3 bed/2 bath and 1 unit is 2 bed/2 bath
- All listed units are fully leased
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
718
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Twelve fully leased condo/townhome units with a mix of 3- and 2-bedroom layouts for residential income buyers.
Where is this apartment building located?
The property is located at 4302 Reed Wilmington, NC.
What is the asking price?
The asking price for this property is $2,765,000.
What are key features of this property?
This property features: 12‑unit residential condo/townhome portfolio built in 2000; Unit mix: 11 units are 3 bed/2 bath and 1 unit is 2 bed/2 bath; All listed units are fully leased
