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    Wilmington Mixed-Use Investment Opportunity Title is generated by Realmo AI

    719 Princess Street, Wilmington, NC 28401

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    Claim this Listing
    For Sale
    $1,349,000

    MULTI_FAMILY - Wilmington, NC

    Property size:
    4,848 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $278/SF
    Added:
    Nov 29, 2025
    Days on Market:
    193
    Last Refresh:
    Jun 10 at 12:06 am

    Property Features for 719 Princess Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    UMX
    Parking features
    On Street
    Standard status
    Active
    APN
    R04817-022-009-000
    Size
    4,848 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Pt Lot 55 Blk 184 Wilm
    Tax Annual Amount
    8954

    Utilities

    Heating system
    Forced Air, Electric (Heating), Natural Gas
    Cooling system
    Central Air, Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1900
    Flooring type
    Carpet, Tile, Lvt/lvp, Wood
    Building materials
    Wood Siding, Wood Frame
    Roof type
    Shingle

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    Listing Contact
    Jeffrey G Hovis
    Jeffrey G Hovis

    Listing agent Jeffrey G Hovis License #234605

    Listing office Intracoastal Realty Corporation 1900 Eastwood Road, Suite 38, Wilmington, NC

    Listing date Nov 29, 2025

    MLS# 100543390

    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.

    HighLights

    • High annual rental income (approx. $124,000) and strong rental history.
    • Turnkey investment opportunity in a high‑demand urban location near Wilmington's Historic District, Downtown, and the Soda Pop District.
    • Extensive renovations completed 2021‑2022, including full interior improvements with uniquely finished residential units.
    • Mixed‑use property with diverse unit configuration: 1 retail space, 4 one‑bedroom units, 2 studio units, and 1 two‑bedroom unit.
    • Located in the UMX zoning district.
    • Property built in 1900 with wood frame and wood siding.

    Overview

    This mixed-use property, constructed in 1900 and extensively renovated between 2021 and 2022, is located near Wilmington's Historic District, Downtown, and the Soda Pop District. The property, situated on a 0.08-acre lot, features UMX zoning. The building has a total area of 4848 square feet. It comprises one retail space, four one-bedroom units, two studio units, and one two-bedroom unit. Each residential unit has been uniquely finished with full interior improvements. The property generates an approximate annual rental income of $124,000. This turnkey investment opportunity benefits from a strong rental history and a high-demand urban location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.939715
    Latitude
    34.237374

    FAQs

    What type of property is this?
    Mixed-use property - Turnkey 8-unit property near Historic District and Downtown.
    Where is this mixed-use property located?
    The property is located at 719 Princess Street Wilmington, NC.
    What is the asking price?
    The asking price for this property is $1,349,000.
    What are key features of this property?
    This property features: High annual rental income (approx. $124,000) and strong rental history.; **Turnkey investment opportunity** in a high‑demand urban location near Wilmington's Historic District, Downtown, and the Soda Pop District.; Extensive renovations completed 2021‑2022, including full interior improvements with uniquely finished residential units.
    More about this property
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