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Furnished Quadplex With Covered Parking
For Sale
$895,000

710-714 Cronely Alley, Wilmington, NC 28401

Residential Income, Wilmington, NC

Property Size1,680 SF
Lot Size0.12 Acres
Price / SF$532.74
Days on Market548

Property Features for 710-714 Cronely Alley

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R-3 and R-3
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3
Parking features Covered, Carport
Security features Security Lighting
Interior features Ceiling Fan(s), Furnished, Walk-in Shower
Exterior features Balcony, Cluster Mailboxes
Appliances Electric Oven, Washer, Refrigerator, Dryer
Subdivision Downtown
Elementary school Snipes
Middle school Williston
High school Hoggard
Directions From Wilmington Wine's Creative Tasting, cross the street going along 7th St, in 50 feet turn left on Cronely Alley. Buildings located at the end of the street.
Standard status Active
APN R05409-010-034-000
Size 1,680 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PT LOTS 2-4 BLK 79 WILM
Legal Description PT LOTS 2-4 BLK 79 WILM

Utilities

Utilities Water Available
Heating system Electric (Heating)
Cooling system Window Unit(s), Wall/Window Unit(s)

Amenities

storage area
covered front porches
shared laundry room
picnic/grill area
outdoor storage

Building Details

Year built 1969
Floors in Building 1
Number of units 4
Flooring type Lvt/lvp
Building materials Fiber Cement, Wood Frame
Roof type Metal
Listing Agency: Coastal Knot Realty Group & Business Brokerage
Listed By: Celeste Salzberg · License #197830
Added: Feb 21, 2025 Changed: Aug 20 Last Checked: Aug 23 at 10:06PM
MLS# 100490306

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1969 quadplex contains four one-bedroom units, each with a bathroom, covered parking, private storage, and a covered front porch. The units are furnished and include electric ovens, refrigerators, washers, and dryers. Building features include fiber cement and wood-frame construction, LVT/LVP flooring, metal roofing, window or wall/window cooling units, and electric heat. The property measures 1,680 square feet on 0.124 acres and is zoned R-3 and R-3.

A shared laundry room serves each pair of units, while the property also provides a picnic and grill area, outdoor storage, balconies, and cluster mailboxes. The quadplex is located in Wilmington’s Castle Street District, two to four blocks from restaurants, shops, a wine shop, a coffee house, and a yoga studio. Water is available, and covered carport parking is provided for the units.

Key Highlights

  • Four furnished one‑bedroom units, each with a bathroom and covered parking
  • 1,680 square feet on 0.124 acres
  • Built in 1969; zoned R‑3 and R‑3

Property Analytics

Current Use

Quadplexes

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,297
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four furnished one-bedroom units offer covered parking, private storage, and shared laundry facilities in Wilmington’s Castle Street District.
Where is this quadplex located?
The property is located at 710-714 Cronely Alley Wilmington, NC.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Four furnished one‑bedroom units, each with a bathroom and covered parking; 1,680 square feet on 0.124 acres; Built in 1969; zoned R‑3 and R‑3
More about this property
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