Multi-family investment opportunity available in Wilmington's Midtown area. Built in 2022, this property consists of two duplex-style buildings, totaling four condominium units, with renters currently in place. Each two-story unit offers 1,501 square feet of thoughtfully designed living space, along with a 473 square foot two-car garage. Every unit features three bedrooms, including a spacious primary suite with vaulted ceilings and a spa-inspired bathroom. The additional bedrooms provide comfortable living space, abundant natural light, stylish finishes, and generously sized closets. The second floor includes a full-size laundry area and ample storage throughout. The main living level features an open-concept design, with natural light flowing through the large living room into the dining area and modern kitchen. Each unit also offers access to a covered front porch or patio, providing additional outdoor living space. Each home includes all appliances and features custom design selections with upgraded finishes throughout, including wood cabinetry and granite countertops. Conveniently located near the river, downtown Wilmington, area beaches, entertainment venues, museums, art districts, restaurants, shopping, and more, this property presents an excellent investment opportunity. With renters already in place and continued demand for housing, this development offers strong potential for steady rental income and long-term investment value.
| MLS # | 100585367 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 2022 |
| Days On Site | 70 |
| Listing Provided By | Cotton Property Management | Trevor Berry |
| Bed(s) | 12 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 6,004 |
| Garage | 4 |
| Story(s) | 2 |
| Units | 4 |
| Zoning | R-5 |
| Acreage | 0.33 |
| Property View | None |
| Interior Features | Wash/Dry Connect, Pantry, Blinds/Shades |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air, Heat Pump |
| Laundry Features | Dryer Hookup, Washer Hookup |
| Furnished | Unfurnished |
| Exterior Features | None |
|---|---|
| Roof | Architectural Shingle, Metal |
| Foundation Details | Slab |
| Lot Features | Level |
| Waterfront Features | None |
| View | None |
| Construction Materials | Vinyl Siding, Wood Frame |
| Security Features | Smoke Detector(s) |
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | Additional Parking, Concrete, Garage |
| Utilities | None |
|---|---|
| Electric | 220 Volts |
| Tax Assessed Value | 1564000 |
|---|---|
| Tax Book Number | 19 |
| Tax Legal Description | LIBERTY LANDING AT MIDTOWN CONDOMINIUMS |
| Tax Year | 2025 |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28412 |
| Community Name | Belmont |
| Elementary School | Sunset |
| High School | New Hanover |
| Listing VS Median (in Belmont) | |
Price: $1,415,000 low | high Med: $434,900 sqft: 6,004 low | high Med: 2,001 $ / sqft: $236 low | high Med: $217 On site: 70 low | high Med: 122 | |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28412 |
| Community Name | Belmont |
| Elementary School | Sunset |
| High School | New Hanover |
| Listing VS Median (in Belmont) | |
Price: $1,415,000 low | high Med: $434,900 sqft: 6,004 low | high Med: 2,001 $ / sqft: $236 low | high Med: $217 On site: 70 low | high Med: 122 | |