400 Beasley Road

Wilmington, NC 28409

$2,800,000

$2,151 per Sq.Ft.

Active
3 beds
2 baths
1302 Sq. Ft.
Residential
Built in 2002
MLS #100513158

3 beds

2 baths

1302 Sq. Ft.

Residential

Built in 2002

MLS #100513158

Turnkey 9-unit residential portfolio offered with roughly two additional contiguous acres of adjacent land in a prime infill location - total acreage of site is 4.36 ac. Fully leased and well-maintained, this stabilized income-producing asset presents both immediate cash flow and long-term upside. The property features a mix of unit types, some with garages, and sits within a strong rental submarket. The additional acreage offers excellent development potential for expansion, subdivision, or future redevelopment. A rare opportunity to acquire both rental income and infill land in a single package. Seller's are listing brokers and licensed NC Real Estate Brokers.

Interior Features

Total bedrooms

3 bedrooms

Full bathrooms

2 full bathrooms

Half bathrooms

0 half bathrooms

Kitchen appliances

Interior features

None

Flooring

Cooling

Central air

Heating

Forced air

Exterior Features

Lot size

4.36 acres

Water front

Fencing

Partial

Exterior features

Brick, vinyl siding

Roof

Shingle

HOA Information

HOA

Utilities

Sewer connected, water connected

Schools

Elementary school

Holly Tree

Middle school

Roland Grise

High school

Hoggard

Other Information

Tax assessed value

$437,200.00

Tax year

2025

Zoning

R-15

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Listing provided courtesy of: Cadence Realty Corporation. All information is deemed reliable but not guaranteed and should be independently verified. Moment Realty shall not be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon this data.

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About Wilmington

Located on the Southeastern tip of North Carolina and home to more than 100,000 residents, Wilmington is located between the Atlantic Ocean and the Cape Fear River. Wilmington is a charming and contemporary small city with abundant lifestyle options and a thriving business climate.

Market trends

There were 376 new listings in Wilmington last month. The average time on market was 41 days and the average price of new new listings was $652,227. Over the last three months, the average sale price to list price ratio was 96.70%.

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400 Beasley Road