UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,624 sqft
Price per Sqft $303
Subdivision Green Acres
MLS Listing ID 100566904
Style Wood Frame
Bedrooms 8
HOA Y/N No
Year Built 2018
Lot Size 0.690 Acres
Acres 0.69
Lot Dimensions irregular
Property Sub-Type Quadruplex
Source Hive MLS
Property Description
Positioned on the corner of Wrightsville Ave and Andover Road, the property offers direct access to the Cross City Trail and easy bike or walking distance to UNCW, an ideal location that consistently attracts tenants and supports strong occupancy.
Situated on a generous 0.69-acre parcel, the property features four units across two thoughtfully designed duplex-style cottages. Each building includes a 3 bed/2 bath residence in the front and a private 1 bed/1 bath unit in the rear, an efficient layout designed to maximize rental income while appealing to a wide tenant base.
The 3-bedroom units offer high ceilings, an open-concept design, and a split-bedroom floor plan that provides both functionality and privacy, perfect for shared living arrangements. The 1-bedroom units are well-appointed with private entry porches, ample storage, and one includes a fully fenced backyard, adding even more tenant appeal.
All units are equipped with washer and dryer, stainless steel appliances, and granite countertops, delivering a clean, modern finish that supports strong rental rates.
Built in 2018 by SD Construction Group, the property was designed for long-term durability and ease of ownership, featuring vinyl siding, vinyl plank flooring throughout, and paved parking. A dedicated parking space for every bedroom is a major advantage, making the property highly functional and desirable for tenants.
This is a true turnkey, income-producing asset, fully leased with a proven track record of little to no vacancy since entering the rental market. The combination of location, layout, and low-maintenance construction creates a reliable, high-performing investment.
Whether you are a UNCW parent looking to offset ownership costs or an investor seeking a stable, cash-flowing 4-unit property in a prime Wilmington location, this opportunity checks all the boxes.
Location
State NC
County New Hanover
Community Green Acres
Zoning R-15
Direction Wrightsville Avenue to Andover Road. Property is on the corner of Wrightsville and Andover.
Rooms
Basement None
Interior
Interior Features High Ceilings, Ceiling Fan(s), Blinds/Shades
Heating Electric, Forced Air
Cooling Central Air
Flooring Vinyl
Furnishings Unfurnished
Appliance Refrigerator
Exterior
Exterior Feature None
Parking Features Shared Driveway, Off Street, On Site
Pool None
Utilities Available Sewer Connected, Water Connected
Waterfront Description None
View See Remarks
Roof Type Architectural Shingle
Accessibility None
Porch Patio
Building
Lot Description See Remarks, Corner Lot
Entry Level One
Foundation Slab
Water Public
Level or Stories 1
Structure Type None
New Construction No
Schools
Elementary Schools College Park
Middle Schools Williston
High Schools Hoggard
Others
Tax ID R05618-001-058-000
Special Listing Condition Standard
Nearby Locations
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Sherri Mayes
Broker In Charge | License ID: 214350
Broker In Charge License ID: 214350