Wilmington Homes with Multi Family Property Subtype

Wilmington Homes with Multi Family Property Subtype

Welcome to Wilmington, North Carolina, a hidden gem nestled along the stunning coastline of the Atlantic Ocean. Known for its rich history, vibrant culture, and picturesque landscapes, Wilmington is a city that effortlessly blends southern charm with modern living. With a thriving arts scene, delightful dining options, and beautiful beaches just a stone's throw away, Wilmington is a place where residents can truly enjoy the best of both worlds.

In the heart of New Hanover County, Wilmington offers an array of residential options, including the increasingly popular multi-family properties. These homes provide a fantastic opportunity for investors and families alike, as they come with the potential for rental income while accommodating multiple households. Imagine living in a beautifully designed duplex or triplex, where you can enjoy the benefits of community living while still maintaining your privacy.

Wilmington’s multi-family properties are strategically located near essential amenities, such as schools, parks, and shopping centers, making them ideal for families looking to settle down or investors seeking lucrative rental opportunities. The city's growth and development have made it a hotspot for real estate, with demand for multi-family homes on the rise.

Whether you’re drawn to the historic charm of downtown Wilmington, the scenic beauty of Wrightsville Beach, or the vibrant atmosphere of the Riverwalk, there’s a multi-family property waiting for you. Explore the possibilities of owning a piece of Wilmington, where community, comfort, and coastal living come together beautifully.

Newest Wilmington Homes with Multi Family Property Subtype

118 S 4th St, Wilmington
$1,795,000
100601789 MLS
The property features six private ensuite guest bedrooms distributed across three floors, providing an attractive layout for guest privacy and separation between owner and visitors. A fully separate one-bedroom accessory unit offers additional flexibility for an owner's quarters, manager's residence, guest accommodations, or additional income-producing use. Currently operating as a Bed & Breakfast, the property has a B&B permit for up to four rooms, offering an opportunity for a new owner to continue the existing hospitality operation while exploring additional revenue opportunities, subject to applicable approvals. The business and property are being offered fully furnished and turnkey, allowing a new owner to step into an established hospitality setting without the need to furnish or create the guest experience from scratch. The property showcases unique interior design, hardwood floors, large windows providing abundant natural light, spacious entertainment areas, mature landscaping, private gardens, and a wrought-iron fenced outdoor setting. A garage provides valuable additional functionality rarely found with downtown hospitality properties. Located on a charming tree-lined brick street within Historic Downtown Wilmington, the property is ideally positioned near the city's renowned restaurants, shops, entertainment, waterfront, cultural attractions, and nightlife. Wilmington's beaches are also just a short drive away. This is a compelling opportunity for an entrepreneur, hospitality operator, investor, or buyer seeking a unique combination of established B&B business, prime downtown location, historic property, and multiple future-use possibilities.

118 S 4th St, Wilmington

Listing courtesy of Listing Agent: Jeffrey G Hovis () from Listing Office: Intracoastal Realty Corporation.

Listing courtesy of Listing Agent: Jeffrey G Hovis () from Listing Office: Intracoastal Realty Corporation.
2831 Worth Dr, Wilmington
$1,294,000
100581011 MLS
Exceptional Development Opportunity | Rezoning Approvals Nearly in Hand This newly combined parcel presents a rare and exciting development opportunity in one of Wilmington's fastest-growing residential infill corridors. The site includes approximately 2.56 acres with approximately 100 feet of road frontage along Worth Drive, providing valuable access for utilities and vehicles to the rear acreage. Rezoning approvals are nearly in hand, positioning this property for a planned residential development and significantly advancing the project beyond the typical early-stage planning process. The site is well suited for a thoughtfully designed townhome or cottage court community with the potential for up to 20 units, subject to final approvals and development requirements. The surrounding area continues to experience substantial residential growth, with numerous new construction projects, including duplex and triplex communities, reinforcing the area's transition toward higher-density residential development. An existing 2-bedroom, 1-bath home on the property is currently leased for $1,800 per month on a 12-month term, providing immediate income while final development plans move forward. This is a unique opportunity to acquire a strategically located, development-ready parcel in a proven growth corridor with rezoning progress already substantially underway. Ideal for builders, developers, and investors seeking a residential infill project in the Wilmington market.

2831 Worth Dr, Wilmington

Listing courtesy of Listing Agent: Daniel J Boyle () from Listing Office: Town & Country Real Estate.

Listing courtesy of Listing Agent: Daniel J Boyle () from Listing Office: Town & Country Real Estate.
1405 Corbett St Unit A, Wilmington
$5,199,900
100544737 MLS
Rare opportunity! 8 Duplexes in downtown Wilmington next to a new home development in Love Grove. You can really see the time and effort the developer/builder/owner put into making and creating this perfect portfolio compound of major cash flow! 8 Duplexes which breaks down to be 16, 4 bedroom 2 bath units with 1,548 Sqft per unit for a total of 24,768 sqft, 64 bedrooms, 32 bathrooms. All 8 duplexes are side by side and all in a row on the same street. Each duplex is on its own parcel. Every unit has their own driveway and fenced in backyard. There is also a storage unit in the back of every unit. Granite counter tops, stainless steel appliances water proof flooring and so many great features. Floor plans reads 1 bedroom down stairs and 3 upstairs. Floor plans and specs are attached to the mls or can be provided upon request. Each tenant has been handpicked by the owner with long history and track records. Every lease is government backed and guaranteed though Sec8 program. Each tenant had to meet criteria of no previous evictions, no felonies, strong reference from past landlords and wanted to stay at the property for many years after initial lease period. They do not have to be sec8 if not wanted. Currently total rental income a month is about 40k a month or 480k a year! This opportunity gives you the chance to own 8 almost new multifamily properties in a fantastic area in one of the fastest growing cities in the country with a even better return. Easy to manage, fully occupied and like new! Reach out for a private tour or for more information.

1405 Corbett St Unit A, Wilmington

Listing courtesy of Listing Agent: The Domenico Grillo Real Estate Team () from Listing Office: Keller Williams Innovate-Wilmington.

Listing courtesy of Listing Agent: The Domenico Grillo Real Estate Team () from Listing Office: Keller Williams Innovate-Wilmington.
719 Princess St, Wilmington
$1,270,000
100543390 MLS
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.

719 Princess St, Wilmington

Listing courtesy of Listing Agent: Jeffrey G Hovis () from Listing Office: Intracoastal Realty Corporation.

Listing courtesy of Listing Agent: Jeffrey G Hovis () from Listing Office: Intracoastal Realty Corporation.
5018 Oleander Dr, Wilmington
$979,000
100516272 MLS
Unique Opportunity in Midtown Wilmington. Discover a rare commercial mixed-use property located in the heart of Midtown Wilmington. This offering includes two buildings totaling approximately 3,900 square feet(3579 SF Heated and 347 SF enclosed), ideally situated on nearly half an acre along the high-visibility Oleander Drive corridor. There is a store front, design studio and a one-bedroom apartment. Positioned within the RO (Residential Office) zoning district, the property allows for a wide range of both residential and commercial uses—making it perfect for entrepreneurs, investors, or those seeking a live/work environment. The buildings have recently undergone a comprehensive renovation, featuring a flexible floor plan that can easily adapt to various business or residential needs. The layout and improvements provide excellent potential for office space, a small professional practice, creative studio, or a combination of uses. Currently owner-occupied, this property offers a unique opportunity for owner-users or as a turnkey investment in one of Wilmington's most central and accessible locations.

5018 Oleander Dr, Wilmington

Listing courtesy of Listing Agent: Lisa W Wayne () from Listing Office: Intracoastal Realty Corporation.

Listing courtesy of Listing Agent: Lisa W Wayne () from Listing Office: Intracoastal Realty Corporation.
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