Price Reduced Listing
$1,195,000
( $269.51Per Sq Foot )
 $6,234 est/mo Sourced by Back At You

719 Princess Street,Wilmington, NC 28401

Wilmington, NC 28401

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Description

8-unit mixed-use property located near Wilmington's Historic District, Downtown, and the Soda Pop District. Built in 1900 with extensive renovations completed 2021-2024. Updates include full interior improvements with each residential unit uniquely finished. Property is in the UMX zoning district. Configuration includes 1 retail space, 4 one-bedroom units, 2 studio units, and 1 two-bedroom unit. Annual rental income approx. $124,000. Strong rental history and turnkey investment opportunity in a high-demand urban location.

Details

MLS #100543390
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1900
Days On Site349
Listing Provided ByIntracoastal Realty Corporation | Jeffrey G Hovis

Features

SQ Feet4,434
ZoningUMX
Acreage0.08

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air, Wall/Window Unit(s)

Exterior

RoofShingle
Foundation DetailsCrawl Space
Lot FeaturesCorner Lot
Waterfront FeaturesNone
Construction MaterialsWood Siding, Wood Frame

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesOn Street

Utilities

UtilitiesNatural Gas Connected, Electricity Connected

Taxes

Tax Assessed Value1521500
Tax Book Number0
Tax Legal DescriptionPt Lot 55 Blk 184 Wilm
Tax Year2025

Area Information

StateNC
CountyNew Hanover
CityWilmington
Zip Code28401
Listing VS Median (in 28401)
Price:
$1,195,000
low | high
Med:
$369,000
100% of Average
sqft:
4,434
low | high
Med:
2,193
100% of Average
$ / sqft:
$270
low | high
Med:
$168
87.56681109731% of Average
On site:
349
low | high
Med:
157
100% of Average
Sourced by Back At You

Market Activity 28401

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Learn More About This Property

StateNC
CountyNew Hanover
CityWilmington
Zip Code28401
Listing VS Median (in 28401)
Price:
$1,195,000
low | high
Med:
$369,000
100% of Average
sqft:
4,434
low | high
Med:
2,193
100% of Average
$ / sqft:
$270
low | high
Med:
$168
87.56681109731% of Average
On site:
349
low | high
Med:
157
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $896K - $1.493M
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
1202 Chestnut Street Property Photo 1
$1,450,000
1202 Chestnut Street
Wilmington, NC 28401
322 S 5th Avenue Property Photo 1
$1,139,000
322 S 5th Avenue
Wilmington, NC 28401
Listing Updated: November 13, 2026 at 4:16:06 PM PST