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4946 Wrightsville Avenue

Wilmington, NC 28403
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Bed 4

Bed

Bath 3

Bath

SqFt1,733

Sqft

Acres0.22

Acre(Lot)

A stabilized, income-producing portfolio rarely comes to market in Wilmington's most reliable rental submarket, and when it does, it looks like this. Six single-family homes (each on its own separate parcel) positioned on Wrightsville Avenue and Park Avenue in the 28403 zip code, approximately two minutes from UNCW. All six are 4 bedrooms, 3 bathrooms with open-concept living designed for shared occupancy. All six are homes are fully leased through July of 2026 with five out of the six leases at $3,800 per month and one at $3,600 per month producing $271,200 in gross annual rental income. Then, there are six new leases in place through July of 2027, all at $3,800 per month producing $273,600 in annual gross income. There is no lease-up period, no vacancy risk on the near horizon, and no learning curve. The portfolio is under professional management with online tenant portals and structured lease agreements already in place. Since ownership, gross rents have increased by approximately 12% and multiple capital improvements have been completed across the portfolio (including newer HVAC systems, water heaters, and appliance updates in several units). A full property-by-property improvement summary is available upon request. The location drives consistent tenant demand: approximately 2 minutes to UNCW, 5 minutes to Wrightsville Beach, 10 minutes to Wilmington International Airport, and 15 minutes to downtown Wilmington. This submarket has historically maintained high occupancy and strong lease renewal activity. For a qualified investor seeking immediate income, an experienced buyer completing a 1031 exchange, or an owner-operator looking to acquire a functioning management system alongside the assets themselves, this portfolio represents a rare opportunity to step into a stabilized position in one of coastal North Carolina's most durable rental corridors.

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Detail Ic Property Details

Property Type : Residential

Price : $3,495,000

AD Id : 76180214

MLS Id : 100560546

Beds : 4

Lot Size : 0.22 Acre

Living Area Size : 1,733

Year Built : 1998

County : New Hanover

Subdivision: Kyle Farm

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 7
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Heat Pump Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1998 Building Area Total: 1733 Construction Materials: Vinyl Siding Patio And Porch Features: Patio Private Pool: No View: See Remarks

  • Lot Information

    Lot Dimensions: Irregular Main Square Feet: 0.22 Acres Lot Size Acres: 0.22 Lot Size Square Feet: 9583

    Property Information

    Subdivision: Not In Subdivision Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 28

  • Listing Price Information

    Listing Price: $3495000 Cash, Conventional

  • Tax Information

    Parcel Number: R05520-011-014-000 Tax Year: 2025 Annual Tax: $2032.68

  • Parking Information

    Shared Driveway, Off Street, On Site

  • School Information

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

    Sewer Connected, Water Connected
  • Location Information

    Direction: College Rd South to Wrightsville Ave. Left on Wrightsville. Homes will be on the right.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
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 $2,350,000 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 #LONGLE.., Wilmington, NC, 28403 $2,696,534 3 3 3,234 3,234 SqFt
521 Airlie Road #VALAND.., Wilmington, NC, 28403 $4,331,973 4 6 5,950 5,950 SqFt
521 Airlie Road #RIVERR.., Wilmington, NC, 28403 $2,848,236 3 4 3,573 3,573 SqFt
521 Airlie Road #PARK S.., Wilmington, NC, 28403 $3,942,174 3 4 4,002 4,002 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 06/23/2026 @ 05:43

MLS: 100560546 LISTED BY: Gillespie Group, Carolina One Properties Inc. SOURCE: Hive MLS (North Carolina Regional)

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