Property profile

118 4TH ST Wilmington, NC 28401

OFF-MARKET
Bed & Breakfast
Property ID
US53-5559464
4,761 SF 0.24 ac lot Built 1890
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Property summary

AI-generated overview

A historic residence in Downtown Wilmington’s Historic District, originally constructed in 1890. The property contains approximately 4,761 square feet of three-level living space on a 0.24-acre lot and was renovated, maintaining notable original architectural elements such as lofty ceilings, intricate crown molding, and large-scale windows. The main level includes a foyer, formal living and dining rooms, a fully equipped kitchen, and a primary master suite. The second level has three ensuite bedrooms. The third level provides two additional private ensuites. An accessory unit with separate access is included to support additional accommodations. The property also includes a four-room Bed & Breakfast permit and features custom-designed closets throughout and landscaped gardens.

Property profile

Verified
Property type Bed & Breakfast
Year built 1890
Total area 4,761 SF
Lot 0.24 ac (10,542 SF)
APN R05405-003-004-000
UPID US53-5559464

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bed & Breakfast Restaurant

Location

118 4TH ST Wilmington, NC 28401
Wilmington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$1.6M
2 recorded transactions
2025
$1.6M
2018
$775,000
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