Under Contract

4201 Peachtree Avenue

Wilmington, NC 28403
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Bed 3

Bed

Bath 1

Bath

SqFt1,530

Sqft

Acres0.23

Acre(Lot)

Exceptional investment opportunity! Located in burgeoning Midtown Wilmington, this income producing property features 2 move-in ready units in the friendly, quiet neighborhood. Desirable corner lot with and proven short-term rental income: The ''Peachtree Compound'' includes a professionally renovated 3 bedroom bungalow along with a fully detached 2 bedroom ADU built in 2023. flexibility for investors, student accommodations or multi-generational living. The main residence offers 1,030 sq ft, 3 bedrooms, 1 bath, and a fully fenced backyard blending timeless charm with modern updates. The detached ADU features 500 sq ft with 1 king bedroom, 1 bath, additional room with twin bed and built in sleeping loft. Additional private fenced yard, custom bathroom and expertly designed finishes. Designed for maximum indoor-outdoor living, both homes include inviting porches, dedicated private parking, separate utility meters, and natural gas stoves and tankless water heaters. Professionally managed as successful Airbnb/short-term rentals, these guest-favorite properties have hosted film production crews, UNCW visitors, vacationers, and extended-stay guests seeking convenient access to downtown and the beaches. Located just one block from the Cross City Trail, 5 minute drive to UNCW, approximately one mile to Whole Foods, Trader Joe's and only a 12-minute drive to Wilmington's Riverwalk and Wrightsville Beach. Ideal for investors seeking immediate income-producing property, owner-occupants looking to offset expenses, or buyers needing flexible dual-living arrangements. Rare opportunity to own a turnkey dual-property compound in one of Wilmington's most sought-after locations.

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Detail Ic Property Details

Property Type : Residential

Price : $579,500

AD Id : 79664226

MLS Id : 100577809

Beds : 3

Lot Size : 0.23 Acre

Living Area Size : 1,530

Year Built : 1942

County : New Hanover

Subdivision: Bluewater Lakes

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Rooms Total: 5 Basement: Crawl Space
  • Flooring Information

    Tile, Wood
  • Roofing Information

    Metal, Shingle
  • Interior Features

    Master Downstairs, Walk-In Closet(s), Kitchen Island, Ceiling Fan(s), Eat-in Kitchen Roof: Metal, Shingle Appliances: Gas Oven, Washer, Refrigerator, Dryer, Disposal, Dishwasher, Tankless Water Heater, Gas Range, Microwave, Gas Water Heater Laundry Features: In Kitchen, Laundry Closet Window Features: Window Coverings
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Forced Air, Heat Pump, Natural Gas Has Cooling: Yes Cooling: Central Air, Ceiling Fan(s)

  • Building Information

    Year Built: 1942 Building Area Total: 1030 Construction Materials: Fiber Cement, Frame Patio And Porch Features: Covered, Patio, Porch, Side Porch Private Pool: No View: See Remarks

  • Lot Information

    Lot Dimensions: 60x165 Main Square Feet: 0.23 Acres Lot Size Acres: 0.23 Lot Size Square Feet: 9583 Lot Description: Corner Lot

    Property Information

    Subdivision: Winter Park Gardens Source Property Type: Residential Property SubType: Single Family Residence Levels: One Property Age: 84

  • Listing Price Information

    Listing Price: $579500 Cash, Conventional

  • Tax Information

    Parcel Number: R05518-019-002-000 Tax Year: 2025 Annual Tax: $2445.81

  • Parking Information

    Additional Parking, Gravel, Off Street
    Homeowners Association Information
    Association Amenities: None

  • School Information

    Elementary School: Winter Park
    Junior High School: Roland Grise
    Senior High School: Hoggard
  • Utility Information

    Sewer Available, Water Available
  • Location Information

    Direction: Oleander dr or Wrightsville ave to 42nd st. House on the corner of 42nd and Peachtree ave. WaterSource: Public Security Features: Security Lights, Smoke Detector(s)
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Nearby Home Value

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136 Stones Throw Lane, Wilmington, NC, 28403 $1,790,000 5 5 3,914 3,914 SqFt
7200 Airlie Place, Wilmington, NC, 28403 $1,875,000 3 4 2,425 2,425 SqFt
1805 Trey Court, Wilmington, NC, 28403 $1,999,000 4 4 3,284 3,284 SqFt
1802 Barkley Avenue, Wilmington, NC, 28403 $1,299,000 4 4 2,280 2,280 SqFt
605 Bradley Creek Point.., Wilmington, NC, 28403 $2,599,000 4 4 5,233 5,233 SqFt
2003 Sea Canyon Lane, Wilmington, NC, 28403 $2,000,000 4 4 2,929 2,929 SqFt
521 Airlie Road #VALAND.., Wilmington, NC, 28403 $4,331,973 4 6 5,950 5,950 SqFt
521 Airlie Road #LONGLE.., Wilmington, NC, 28403 $2,696,534 3 3 3,234 3,234 SqFt
521 Airlie Road #RIVERR.., Wilmington, NC, 28403 $2,848,236 3 4 3,573 3,573 SqFt
521 Airlie Road #PINE R.., Wilmington, NC, 28403 $6,067,162 4 6 7,119 7,119 SqFt

The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright ©2026 Hive MLS LLC. All Rights Reserved.

ByOwner last updated this listing 06/16/2026 @ 02:34

MLS: 100577809 LISTED BY: Ben Szafran Real Estate Team, Keller Williams Innovate-Wilmington SOURCE: Hive MLS (North Carolina Regional)

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