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$349,900
4 Beds 2 Baths 100599384 MLS
Welcome to an outstanding multi-family investment opportunity at 2550/2560 Chestnut Street, situated in the heart of Wilmington, NC. Perfect for savvy investors or owner-occupants seeking supplemental rental income, this property offers exceptional versatility with its multi-unit setup. Inside, bright and functional floor plans feature comfortable living spaces with modern flooring throughout, creating an inviting environment for tenants or extended family. Outside, the property boasts a generous yard area complete with a covered porch ideal for outdoor relaxation. Centrally located near downtown Wilmington, popular dining, shopping, major thoroughfares, and local coastal attractions, this property offers incredible long-term potential.

2550/2560 Chestnut St, Wilmington

Listing courtesy of Listing Agent: Angie & Cedric Robinson () from Listing Office: RE/MAX Executive.

Listing courtesy of Listing Agent: Angie & Cedric Robinson () from Listing Office: RE/MAX Executive.

$210,000
2 Beds 2 Baths 100591586 MLS
Exceptional Investment Opportunity - Two Income-Producing Homes on 1 Acre! Don't miss this rare opportunity to own two charming homes on approximately one acre, offering immediate rental income and long-term investment potential. The primary home features 640 square feet with 1 bedroom, 1 bathroom, and a welcoming 30-square-foot front patio. The second home is a 520-square-foot efficiency-style cottage with an open-concept layout and its own 25-square-foot front patio, making it an attractive option for tenants seeking comfortable, low-maintenance living. Both homes were built in 2024 and are currently tenant-occupied. One is leased through March 2027 providing a steady income stream from day one. The other is leased until September 2026. This makes the property an excellent opportunity for investors looking for an established rental property with reliable occupancy already in place. Situated on approximately one acre, the property offers ample outdoor space and potential for future possibilities, subject to local zoning and regulations. Wallace NC is a small town on I-40 that is convenient to Raleigh, NC and Wilmington, NC. Whether you're expanding your investment portfolio or seeking a unique property with built-in rental income, this versatile offering is one you won't want to miss. Schedule your private showing today!

231 & 233 Hc Powers Rd, Wallace

Listing courtesy of Listing Agent: Janiel L Blackman () from Listing Office: J Blackman Real Estate.

Listing courtesy of Listing Agent: Janiel L Blackman () from Listing Office: J Blackman Real Estate.

$490,000
4 Beds 2 Baths 100586073 MLS
Opportunity meets coastal living at this income-producing duplex on beautiful Oak Island! Whether you're looking to expand your investment portfolio or secure a property in one of Brunswick County's most sought-after beach communities, this is the one you have been waiting for. Each tenant-occupied unit features 2 bedrooms, 1 full bath, approximately 850 heated square feet, updated kitchens with modern cabinetry, stylish countertops, stainless steel appliances, luxury vinyl plank flooring, central heating and air, and washer/dryer hookups (washer and dryer do not convey). Designed with both function and style in mind, the bright, open living spaces create a welcoming atmosphere. Situated in a location just minutes from Oak Island's beaches, public boat access, dining, and shopping add to the property's long-term appeal. Whether you're adding to your portfolio or looking for a property that offers immediate income in one of coastal North Carolina's most desirable beach communities, opportunities like this don't come along often. Tenant leases end 1/31/27, Unit A pays $1,325 per month and Unit B pays $1,300 per month.

413 Keziah St Unit A & B, Oak Island

Listing courtesy of Listing Agent: Uncharted Realty Group () from Listing Office: Keller Williams Innovate-Wilmington.

Listing courtesy of Listing Agent: Uncharted Realty Group () from Listing Office: Keller Williams Innovate-Wilmington.

$399,000
4 Beds 2 Baths 100580618 MLS
Exceptional opportunity in Wilmington's sought-after Castle Street Arts & Antiques District! This duplex offers endless potential for investors, renovators, or owner-occupants looking to live in one unit while generating rental income from the other. The lower-level unit features 2 bedrooms, 1 full bath, a kitchen, and two decorative fireplaces in the living room that add character and charm. The upper-level unit offers 2 bedrooms, 1 full bath, office, living room, kitchen, and private access to the shared laundry area via an interior staircase. Both units have separate electric meters, providing flexibility for future use and management. This is a value add opportunity. The off-street parking adds convenience. And the street is brick so super charming! This home has income producing potential and located just minutes from downtown Wilmington, restaurants, shopping, galleries, and entertainment, This property is ready for its next chapter. The home does require significant updating and TLC, making it an ideal project for those looking to restore, renovate, or reimagine a property in one of Wilmington's most vibrant and historic districts. Being sold as-is.

623 S 6th St, Wilmington

Listing courtesy of Listing Agent: The Rising Tide Team () from Listing Office: Intracoastal Realty Corporation.

Listing courtesy of Listing Agent: The Rising Tide Team () from Listing Office: Intracoastal Realty Corporation.

$399,000
5 Beds 4 Baths 100569655 MLS
Fully renovated, historic 1930 duplex in the heart of Washington, NC--a turnkey opportunity for investors or owner-occupants just a pleasant 15-minute walk from the scenic downtown waterfront and Main Street. Taken down to the studs and thoughtfully restored, both units feature open-concept living, kitchen, and dining spaces, durable LVP flooring, screened rear porches, tile walk-in showers, dedicated tankless water heaters, a new metal roof, and brand-new HVAC systems. One side offers three bedrooms (all upstairs), two full baths, and an upstairs laundry nook; the other is a single-level plan with two bedrooms on the primary level, two full baths (one with the laundry area), and easy access to outdoor space. Move-in ready and designed to perform--limited modern hotel options in Washington make short-term rentals attractive; with typical Airbnb rates around $160-$200/night, each unit could generate conservatively $30,000 annually at 50% occupancy, providing strong income potential or the chance for an owner-occupant to live in one unit while the other covers expenses. BnB projections and comps available. Additional benefits include a detached shed and off-street parking. Situated near Washington's vibrant riverside scene with galleries, seasonal festivals, marinas, shops, and everyday conveniences--plus local legend Bill's Hot Dogs--this updated duplex blends smart renovation, reliable systems, and solid market appeal; schedule a showing before it's gone.

723 & 725 N Market St, Washington

Listing courtesy of Listing Agent: Milton Ross Gould () from Listing Office: Keller Williams Crystal Coast.

Listing courtesy of Listing Agent: Milton Ross Gould () from Listing Office: Keller Williams Crystal Coast.

$845,000
6 Beds 4 Baths 100564082 MLS
A rare opportunity to own a 2-unit building WALKIG DISTANCE to Live Oak amphitheater & all the best downtown attractions. The property next door at 810 N 5th just SOLD for $1,042,000....808 N 5th has same number of bedrooms & bathrooms. 808 N 5th also has much more off-street parking, big backyard & Unit # 1 is already fully furnished! Yet, we are priced significantly lower than the sale price for property next door! Great 1031 opportunity! Huge cash flow opportunities. Many options: Live in one unit & Airbnb one. Or rent both. Many beautiful renovations were just completed at 808 N 5th including: A completely NEW KITCHEN with HUGH QUARTZ ISLAND, new cabinets, backsplash, pendant lighting, new appliances, all freshly refinished hardwood floors, new bathrooms with new vanities, lighting, fixtures , floors, & many more renovations. Unit #1 is fully furnished! It's a ''TURKEY AIRBNB'' ready to go. It's nicely furnished & has everything you need. Easy to show... Come see all the new renovation... OUTSTANDING LOCATION in the Brooklyn Arts District, walking distance to all great downtown amenities: restaurants, concert venues, Riverwalk, Cape Fear Community College, parks marinas, breweries , the social district, etc... Built in the early 2000s these units have all the modern features that newer properties offer like open floor plans & suites w/ baths. Unlike many other downtown homes that are over 100 years old, & have many ''old house'' problems, this one was built in the 2000s to modern building codes & standards. VERY LOW MAINTENANCE 2-unit property. Each unit has 3 bedrooms & 2 baths. Some highlights include new kitchen, quartz countertops, new vanities, refinished hardwoods, new lighting, tons of off-street parking, a giant Charleston-Style Porch, suites w/ baths/ walk-in closets, tons of off-street parking, hardwood & LVP flooring, no carpet, full laundry room, an opportunity to build a detached garage, an amazing porch that looks down beautiful tree-lined 5th Ave & a big backyard! This property was designed & built as a modern 2-unit building. This is NOT like many other homes downtown that were single-family homes, an ''cut-up / converted'' into 2 awkward units. This was built as a 2-unit building. As mentioned, the home next door sold for $1,042,000. Many options are available with this 2-unit building. Unit #1 fully ready to go Airbnb! A similar, actively managed Airbnb single unit on the street grossed over $48,000 in a prior year! Just for one unit. Current owner had a medium-term rental in Unit #1 for $3500 per month before all the recent renovations. So, it has even more potential now! Unit #2 has active cash flow. It has a great tenant that can stay, or go after couple months. There is great options & flexibility here! Live in one unit & rent one; use one unit for Airbnb and rent Unit 2 long-term; or rent both for short / medium term. Rare opportunity to own a modern 2-unit building downtown in one of the best locations... Walking distance to everything.... This one won't last long...Come see today while we are keeping the furnished unit vacant for serval weeks for showings....Very easy to show....Call for more details & info.

808 N 5th Ave, Wilmington

Listing courtesy of Listing Agent: Mike Lardieri () from Listing Office: Homes For Sale in Wilmington.

Listing courtesy of Listing Agent: Mike Lardieri () from Listing Office: Homes For Sale in Wilmington.

$748,000
6 Beds 4 Baths 100555231 MLS
Seller financing available -- two homes, one address, three ways to make it work. This Carolina Beach duplex sits five blocks from beach access and Carolina Beach Lake, with each side offering 3 bedrooms, 2 full baths, and roughly 1,250 heated square feet. Every unit lives like a house: a downstairs primary suite with walk-in closet, open living and kitchen, in-unit laundry, and two more bedrooms with a full bath upstairs. Separately metered, with a 16-year rental history and short-term rentals permitted -- hold long-term tenants, pivot to nightly beach rates, or live on one side while the other helps carry the note. Equally suited to multi-generational living, where everyone gets their own front door. Built in 1999 with a 2018 roof, newer LVP flooring, fenced backyard, private decks, storage shed, and off-street parking for both units. Call for lease details and financing terms.

902 Fifth St S Unit A & B, Carolina Beach

Listing courtesy of Listing Agent: Benjamin T Eisenberg () from Listing Office: RE/MAX Essential.

Listing courtesy of Listing Agent: Benjamin T Eisenberg () from Listing Office: RE/MAX Essential.

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