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4-Unit Quadplex Property
For Sale
$1,415,000

Wilmington, NC 28412, Wilmington, NC 28412

Residential Income, Wilmington, NC

Property Size6,004 SF
Lot Size0.33 Acres
Price / SF$235.68
Days on Market102

Property Features

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-5
Bedrooms 12
Bathrooms 8
Full bathrooms 8
Half bathrooms 4
Rooms Bathroom 5, Bedroom 7, Bathroom 4, Bathroom 7, Bathroom 3, Bedroom 6, Bathroom 11, Bedroom 5, Bedroom 9, Bathroom 6, Bathroom 9, Bathroom 2, Bedroom 4, Bathroom 12, Bedroom 10, Bedroom 2, Bedroom 3, Bedroom 11, Bathroom 1, Bedroom 8, Bathroom 8, Bedroom 12, Bathroom 10, Bedroom 1
Parking 4
Parking features Garage
Patio and Porch features Porch
Interior features Wash/Dry Connect, Pantry, Blinds/Shades
Appliances Vented Exhaust Fan, Electric Oven, Built-In Microwave, Washer, Dryer, Dishwasher
Lot features Level
Elementary school Sunset
Middle school Williston
High school New Hanover
Subdivision Belmont
Standard status Active
Size 6,004 SF
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9240

Utilities

Heating system Heat Pump (Heating), Forced Air, Electric (Heating)
Cooling system Central Air, Heat Pump
Water source Public

Building Details

Year built 2022
Floors in Building 2
Number of units 4
Flooring type Lvt/lvp
Building materials Vinyl Siding, Wood Frame
Roof type Metal, Shingle
Listing Agency: Cotton Property Management
Listed By: Trevor Berry · License #335515
Added: Jun 30 Changed: Oct 8 Last Checked: Oct 9 at 9:06AM
MLS# 100585367

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.

Built in 2022, this residential income property comprises two duplex-style buildings with four condominium units. Each two-story residence offers 1,501 square feet, three bedrooms, and a 473-square-foot, two-car garage. The combined residential area is 6,004 square feet. Interior features include open living, dining, and kitchen areas, a second-floor laundry area, and storage. Covered porches or patios extend the living space outdoors. Units include appliances, wood cabinetry, and granite countertops.

The 0.33-acre property is in Wilmington, North Carolina, and is zoned R-5. Renters are currently in place. Public water serves the property.

Key Highlights

  • Four condominium units across two duplex‑style buildings
  • Built in 2022; 6,004 square feet of combined residential area
  • Each two‑story unit has 1,501 square feet and three bedrooms

Property Analytics

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Current Use

Quadplexes

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

89
Businesses Nearby

Demographics for 28412, NC

42,758
Population
20,704
Households
2.1
Avg Household Size
43
Median Age
41%
College-Educated
93%
High-School Grad
22.3 sq mi
ZIP Area
1,917
Density / Sq Mi
$67,396
Median Household Income
$40,351
Median Earnings
$1,326
Median Rent
$342,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Two two-story duplex-style buildings contain three-bedroom homes with garages and covered outdoor areas.
Where is this quadplex located?
The property is located at Wilmington, NC.
What is the asking price?
The asking price for this property is $1,415,000.
What are key features of this property?
This property features: Four condominium units across two duplex‑style buildings; Built in 2022; 6,004 square feet of combined residential area; Each two‑story unit has 1,501 square feet and three bedrooms
More about this property
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