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Duplex with Separate Electric Meters
For Sale
$399,000

623 S 6th St, Wilmington, NC 28401

Two-unit residential property with off-street parking, shared laundry, and a renovation opportunity in Wilmington’s Castle Street district.

Property Size2,193 SF
Price / SF$181.94
Days on Market116

Property Features for 623 S 6th St

General Information

Standard status Active
Size 2,193 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence require significant updating and TLC

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1930
Buildings 1
Listing Agency: Intracoastal Realty Corporation
Listed By: The Rising Tide Team · License #327646
Source: Coastalrealtyassociates
Added: May 21 Changed: Sep 9 Last Checked: Sep 13 at 12:09PM

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 Intracoastal Realty Corporation

Investment Insights

Based on property information with market context.

Built in 1930, this 2,193-square-foot duplex contains two residential units, each with 2 bedrooms and 1 full bath. The lower unit includes a kitchen, living room with two decorative fireplaces, and access to a front porch. The upper unit adds an office, living room, kitchen, and interior-stair access to the shared laundry room. Separate electric meters serve the units, while the property also includes off-street parking and a crawl space.

The property is located at 623 South 6th Street in Wilmington’s Castle Street Arts & Antiques District, near downtown, restaurants, shopping, galleries, and entertainment. The brick street and established historic setting contribute to the property’s existing character. R-3 zoning is in place. Significant updating is needed, and the property is offered as-is.

Key Highlights

  • 2,193‑square‑foot duplex built in 1930
  • Two units, each with 2 bedrooms and 1 full bath
  • Separate electric meters for the two units

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Nursing Home Florist Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

1,054
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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-unit residential property with off-street parking, shared laundry, and a renovation opportunity in Wilmington’s Castle Street district.
Where is this duplex located?
The property is located at 623 S 6th St Wilmington, NC.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2,193‑square‑foot duplex built in 1930; Two units, each with 2 bedrooms and 1 full bath; Separate electric meters for the two units
More about this property
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