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Duplex Rental Portfolio
For Sale
$2,249,000

4515 Greenway Ave, Wilmington, NC 28403

Three updated duplexes offer shared-occupancy layouts, tenant-paid utilities, and established management systems.

Property Size9,792 SF
Price / SF$229.68
Days on Market17

Property Features for 4515 Greenway Ave

General Information

Standard status Active
Size 9,792 SF
Property subtype Multi-Family

Units

Unit Mix 6 x 4BR/3BA
Multifamily Units 6

Additional Details

Gross Income $169,200

Building Details

Year Built 2022
Buildings 3
Listing Agency: Coastal Properties
Listed By: Mark C Reiser · License #268791
Source: Bradberrygarnerrealestate
Added: Aug 14 Changed: Aug 29 Last Checked: Aug 25 at 4:10AM

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 Coastal Properties

Investment Insights

Based on property information with market context.

This offering combines three duplex properties with six total units and 9,792 SF of residential space. Built in 2022, the portfolio includes six four-bedroom, three-bathroom units with modern floor plans suited to shared occupancy. The properties have received capital improvements and updates, while professional management systems are already established. Tenants pay their own utilities, and the portfolio has an established rental history.

The properties are located at 271 S Kerr Ave, 4507 Greenway Ave, and 4515 Greenway Ave in Wilmington, near UNCW, Wrightsville Beach, shopping, dining, and Wilmington International Airport. The sale also includes an additional parcel; any future development is subject to buyer due diligence and municipal approvals. Rent rolls, income statements, surveys, floor plans, and other due diligence materials are available upon request.

Key Highlights

  • Three duplex properties totaling 6 units
  • Six 4‑bedroom, 3‑bathroom units
  • 9,792 SF of residential space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Clothing & Fashion Store Travel Agency Daycare Center Nursing Home

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

881
Businesses Nearby

Demographics for 28403, NC

38,134
Population
20,424
Households
1.9
Avg Household Size
30
Median Age
48%
College-Educated
94%
High-School Grad
14.0 sq mi
ZIP Area
2,724
Density / Sq Mi
$50,988
Median Household Income
$30,991
Median Earnings
$1,293
Median Rent
$337,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Three updated duplexes offer shared-occupancy layouts, tenant-paid utilities, and established management systems.
Where is this duplex located?
The property is located at 4515 Greenway Ave Wilmington, NC.
What is the asking price?
The asking price for this property is $2,249,000.
What are key features of this property?
This property features: Three duplex properties totaling 6 units; Six 4‑bedroom, 3‑bathroom units; 9,792 SF of residential space
More about this property
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