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Three-Building Apartment Complex
For Sale
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Pending

605 Nixon St, Wilmington, NC 28401

Twelve-unit complex across three buildings, offering fully renovated 3-bedroom units with updated kitchens and in-unit laundry.

Days on Market111

Property Features for 605 Nixon St

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 12

Building Details

Tenancy Multi
Listing Agency: Keller Williams Realty
Listed By: Domenico Grillo · License #283530
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Jul 30 at 3:05PM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

This 12-unit apartment complex is arranged across three separate buildings, each with four spacious, fully renovated 3-bedroom, 1-bath units. Each unit features fully updated kitchens with appliances, including washer and dryers, along with sizable closets and double-pane energy-efficient windows. Residents also benefit from patios and decks. The property has seen major recent updates, including replacement roofs and newly replaced HVAC systems, and it includes ample parking.

The complex is conveniently located near transportation, a bus station, and provides easy access to downtown.

All units are currently leased, and utilities are separately metered with utilities in each tenant’s name.

Key Highlights

  • 12‑unit apartment complex across three buildings, each with four renovated 3 bed/1 bath units
  • Fully updated kitchens in every unit, including appliances plus in‑unit washer and dryer
  • Double‑pane, energy‑efficient windows and spacious closets in each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Garden Center Catering Service 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

12
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

574
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?
Apartment building - Twelve-unit complex across three buildings, offering fully renovated 3-bedroom units with updated kitchens and in-unit laundry.
Where is this apartment building located?
The property is located at 605 Nixon St Wilmington, NC.
What are key features of this property?
This property features: 12‑unit apartment complex across three buildings, each with four renovated 3 bed/1 bath units; Fully updated kitchens in every unit, including appliances plus in‑unit washer and dryer; Double‑pane, energy‑efficient windows and spacious closets in each unit
More about this property
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