Wilmington, NC Multifamily Properties for Sale

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Found 78 multifamily properties for sale in Wilmington, NC, averaging $312/sq ft. Use valuation data to compare deals faster.

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Updated: Jun 30

Newly Built Four-Unit Quadplex

2852 Worth Drive, Wilmington, NC 28412

$1,415,000

6,004 sqft 0.33 AC lot

Four condominium units arranged in two duplex‑style buildings
Built in 2022 with 6,004 square feet of total property size
Each unit offers 1,501 square feet, three bedrooms, and a 473‑square‑foot two‑car garage
Tenants currently in place across the four units
R‑5 zoning on a 0.33‑acre site in Wilmington

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Updated: Jun 23

6-Unit Duplex Portfolio

4515 Greenway Avenue, Wilmington, NC 28403

$2,249,000

9,792 sqft 0.84 AC lot

Three newer duplexes totaling 6 units
Six 4‑bedroom, 3‑bathroom units with shared‑occupancy floor plans
9,792 square feet built in 2022
Additional 0.84‑acre parcel included, subject to due diligence and municipal approvals
R‑5 zoning with public water and water available

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Detached Two-Home Duplex

4408 Mcclelland Drive, Wilmington, NC 28405

$750,000

2,638 sqft 0.34 AC lot

R-10-zoned property with two separate residences, flexible occupancy options, and no HOA.

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Duplex Rental Portfolio

4515 Greenway Ave, Wilmington, NC 28403

$2,249,000

9,792 sqft

Three updated duplexes offer shared-occupancy layouts, tenant-paid utilities, and established management systems.

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Multifamily Property With Three Living Spaces

1988 W Lake Shore Drive, Wilmington, NC 28401

$949,900

2,374 sqft 0.93 AC lot

Three distinct residences support owner occupancy alongside established short-term rental use.

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Duplex With Accessory Dwelling Unit

1107 Pine Grove Drive, Wilmington, NC 28409

$524,999

2,262 sqft 0.57 AC lot

Flexible residential configuration with a separate one-bedroom living space, garages, and no HOA restrictions.

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Duplex Property with Private Yards

1411 Corbett Street, Wilmington, NC 28401

$649,900

3,096 sqft 0.12 AC lot

Two-unit residential property with separate driveways, fenced outdoor areas, and contemporary interior finishes.

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8-Duplex Multifamily Portfolio

1308 Corbett Street A&b, Wilmington, NC 28401

$725,000

3,096 sqft

Recently built, fully occupied residences with private driveways, fenced yards, and individual storage units.

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Newer Duplex with Private Yards

1501 Stanley Street, Wilmington, NC 28401

$649,900

3,096 sqft 0.12 AC lot

Two separately accessed residences offer updated finishes, individual parking, and outdoor space within an R-3 zoning designation.

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Tenant-Occupied Triplex

1920 Pender Avenue, Wilmington, NC 28403

$525,000

1,137 sqft 0.08 AC lot

Three residential units occupy a corner-lot property with a main residence and separate duplex/ADU.

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Newer Duplex with Fenced Yards

1501 Stanley Street A&b, Wilmington, NC 28401

$649,900

3,096 sqft

Two four-bedroom residences offer private driveways, separate outdoor space, and contemporary interior finishes.

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Newer Four-Bedroom Duplex

1409 Corbett Street, Wilmington, NC 28401

$649,900

3,096 sqft 0.12 AC lot

Two-unit property with private outdoor areas, separate driveways, and modern finishes in Wilmington.

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Two-Duplex Quadplex

1421 -1425 Wellington Avenue, Wilmington, NC 28401

$1,065,000

3,542 sqft 0.30 AC lot

Fully income-producing residential property with off-street parking, a garage, and varied bedroom-bathroom configurations.

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Short-Term Rental Property with Three Spaces

1988 W Lake Shore Dr, Wilmington, NC 28401

$949,900

2,374 sqft

Three distinct living spaces support owner occupancy, short-term rentals, and flexible residential use.

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Four-Bedroom Duplex

1415 Corbett Street, Wilmington, NC 28401

$649,900

3,096 sqft 0.12 AC lot

Recently built income property with private driveways, fenced outdoor areas, and R-3 zoning.

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Duplex with Private Decks

608 Orange Street, Wilmington, NC 28401

$599,000

2,379 sqft 0.14 AC lot

Two two-bedroom, one-bath units include backyard access and updated kitchens and bathrooms.

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Duplex with Fenced Yards

1411 Corbett Street A&b, Wilmington, NC 28401

$649,900

3,096 sqft

Built in 2023, the property offers two four-bedroom units with private driveways and separate outdoor space.

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Two-Unit Furnished Short-Term Rental Property

102 S 2nd Street, Wilmington, NC 28401

$948,000

754 sqft

Two updated furnished units support short-term rental use with open layouts and access to shared common amenities.

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Furnished Short-Term Rental Package

102 S 2nd Street Unit 215 & Unit 218, Wilmington, NC 28401

$948,000

754 sqft

Two updated, fully furnished condominium units support immediate short-term rental operations in downtown Wilmington.

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Historic Triplex with Two-Car Garage

317 S 3rd Street, Wilmington, NC 28401

$1,019,999

3,000 sqft 0.10 AC lot

Furnished three-unit property with updated interiors, off-street parking, and a separate first-floor laundry room.

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Four-Bedroom Duplex with Private Yards

1409 Corbett Street A&b, Wilmington, NC 28401

$649,900

3,096 sqft

Built in 2023, the property offers two residential units with individual driveways, fenced outdoor space, and private storage.

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Historic Downtown Triplex

308 Church Street, Wilmington, NC 28401

$1,075,000

3,125 sqft 0.07 AC lot

Queen Anne character, updated interiors, private outdoor areas, and off-street parking support flexible rental use.

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Four-Unit Quadplex Property

2852 Worth Dr, Wilmington, NC 28412

$1,415,000

6,004 sqft

Two duplex-style buildings offer updated two-story residences with garages, appliances, and current rental occupancy.

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Two-Unit Duplex with Separate Meters

623 S 6th Street, Wilmington, NC 28401

$399,000

2,193 sqft 0.05 AC lot

Two residential units offer distinct layouts, shared laundry access, and a residential setting near Wilmington’s downtown district.

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Wilmington, NC Multifamily Properties Market Trends and Statistics

Explore 78 multifamily properties for sale in Wilmington, NC, showcased through 78 active listings on our real estate platform. These investment opportunities span a total of 378,384 square feet of properties for sale, with an estimated market value of $79,487,097.

Sale prices for multifamily properties in Wilmington, NC start at $339,900, averaging $1,370,467, and reaching up to $10,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 212K

Population Growth (5Y) +1.5%

Median Household Income $74,239

College Educated 30.2%

High-Yield Neighborhoods for Investment

Identify Wilmington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
28412	$1.1M
28401	$1.2M
28409	$1.2M
28405	$1.3M
28403	$2.4M

Taxes & Financing

Tax Rate (average for all types) 0.75%

Property Tax per SF $8.51 per SF

Tax Rate vs County Average 0.07 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in New Hanover County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Wilmington fall within the 25,000 to 50,000 square foot range.

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