Rare opportunity to purchase a move-in-ready duplex with immediate rental income and owner-occupant potential in a convenient Wilmington location. Each unit features 3 bedrooms, 2 bathrooms, an attached one-car garage, luxury vinyl plank flooring throughout unit 421, carpet and LVP in 423, low-maintenance vinyl siding, and a private fenced courtyard. The left unit is vacant and move-in ready, making it an excellent opportunity for an owner-occupant looking to offset their mortgage with rental income. The right unit is currently leased at $1,750 per month to solid long term tenants, providing immediate cash flow from day one. Lease renewed until 4/30/27. Situated on a corner lot with easy access to shopping, dining, downtown Wilmington, and Carolina Beach, this property offers broad appeal for homeowners, investors, and those looking to house hack. A solid option for building equity while generating income or adding a low-maintenance property to your investment portfolio.
| MLS # | 100588250 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 2004 |
| Days On Site | 60 |
| Listing Provided By | BlueCoast Realty Corporation | Stephanie N Manke |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,196 |
| Garage | 2 |
| Story(s) | 1 |
| Units | 2 |
| Zoning | r15 |
| Acreage | 0.57 |
| Property View | See Remarks |
| Interior Features | Ceiling Fan(s) |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Laundry Features | In Garage |
| Roof | Shingle |
|---|---|
| Foundation Details | Slab |
| Lot Features | Corner Lot |
| View | See Remarks |
| Construction Materials | Vinyl Siding, Wood Frame |
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | Garage Faces Front, Attached, Concrete, Off Street, On Site, Garage |
| Tax Assessed Value | 396900 |
|---|---|
| Tax Book Number | na |
| Tax Legal Description | Lot 4 Frances O Taylor Division |
| Tax Year | 2025 |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28412 |
| Community Name | Silva Terra |
| Elementary School | Williams |
| High School | Ashley |
| Listing VS Median (in Silva Terra) | |
Price: $579,000 low | high Med: $449,000 sqft: 2,196 low | high Med: 2,006 $ / sqft: $264 low | high Med: $220 On site: 60 low | high Med: 69 | |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28412 |
| Community Name | Silva Terra |
| Elementary School | Williams |
| High School | Ashley |
| Listing VS Median (in Silva Terra) | |
Price: $579,000 low | high Med: $449,000 sqft: 2,196 low | high Med: 2,006 $ / sqft: $264 low | high Med: $220 On site: 60 low | high Med: 69 | |