4515 Greenway Avenue,Wilmington, NC 28403
Wilmington, NC 28403
Description
Rare opportunity to acquire a portfolio of three newer duplexes (6 total units) in one of Wilmington's strongest rental corridors near UNCW, Wrightsville Beach, shopping, dining, and Wilmington International Airport. The portfolio consists of six 4-bedroom, 3-bathroom units with strong rental history and professional management systems already in place. Current gross income is approximately $169,200 annually with upside potential through future lease renewals and rent adjustments. Tenants pay utilities. Properties feature modern floor plans designed for shared occupancy and have benefited from numerous capital improvements and updates. Sale includes an additional parcel offering potential future development opportunities, subject to buyer due diligence and municipal approvals. Excellent opportunity for investors seeking immediate cash flow, strong occupancy history, and long-term appreciation potential in a highly desirable Wilmington location. Portfolio sale includes 271 S Kerr Ave, 4507 Greenway Ave, and 4515 Greenway Ave. Rent rolls, income statements, surveys, floor plans, and additional due diligence materials available upon request. Seller is a North Carolina Licensed Realtor.
Details
| MLS # | 100583829 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Pending With Showings |
| Year | 2022 |
| Days On Site | 132 |
| Listing Provided By | Coastal Properties | Mark C Reiser |
Features
| Bed(s) | 24 |
|---|---|
| Bath(s) | 18 |
| SQ Feet | 9,792 |
| Story(s) | 2 |
| Units | 4 |
| Zoning | R-5 |
| Acreage | 0.84 |
| Property View | None |
Interior
| Interior Features | Ceiling Fan(s) |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Laundry Features | Dryer Hookup, Washer Hookup |
| Furnished | Unfurnished |
Exterior
| Roof | Shingle |
|---|---|
| Foundation Details | Slab |
| View | None |
| Construction Materials | Vinyl Siding, Wood Frame |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Asphalt, On Site |
Utilities
| Utilities | Sewer Available, Water Available |
|---|
Taxes
| Tax Assessed Value | 1974000 |
|---|---|
| Tax Book Number | 6558 |
| Tax Legal Description | :04919-008-002-000 |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28403 |
| Community Name | College Park |
| Elementary School | College Park |
| High School | New Hanover |
| Listing VS Median (in College Park) | |
Price: $2,050,000 low | high Med: $250,000 sqft: 9,792 low | high Med: 2,150 $ / sqft: $209 low | high Med: $116 On site: 132 low | high Med: 174 | |
Market Activity 28403
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Learn More About This Property
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28403 |
| Community Name | College Park |
| Elementary School | College Park |
| High School | New Hanover |
| Listing VS Median (in College Park) | |
Price: $2,050,000 low | high Med: $250,000 sqft: 9,792 low | high Med: 2,150 $ / sqft: $209 low | high Med: $116 On site: 132 low | high Med: 174 | |
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