Active

619 S 11th Street

Wilmington, NC 28401

$295,000 $1,243/Mo

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Overview

Bed

Bath

1,154

Sqft

0.12

Acre(Lot)

Description

Part of 5-property income portfolio in downtown Wilmington -- offered as a single transaction. or as a stand alone. All homes leased and currently producing $96,000 in annual gross rent. Seller has completed significant system upgrades across the portfolio in recent years: new roofs (4 of 5), new HVAC, new windows, new flooring. Concentrated in Wilmington's most active rental corridor -- walking distance to the Cargo District, Castle Street, and the Riverfront. Combined ~5,000 sq ft / 14 BR / 9 BA across five separate parcels. Est. cap rate ~6.9% at asking on current rents. Sold as-is.

Property Details

Property Type : Residential

Price : $295,000

AD Id : 81686686

MLS Id : 100579945

Beds : 3

Lot Size : 0.12 Acre

Living Area Size : 1,154

Year Built : 1938

County : New Hanover

Subdivision: Yacht Club

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Rooms Total: 6 Basement: None, Crawl Space
Roofing Information

Shingle
Interior Features

Master Downstairs, Ceiling Fan(s) Roof: Shingle
Heating & Cooling

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

Building Information

Year Built: 1938 Building Area Total: 1154 Construction Materials: Vinyl Siding, Frame Patio And Porch Features: Covered, Deck, Porch Private Pool: No View: See Remarks

Lot Information

Lot Dimensions: 33x165 Main Square Feet: 0.12 Acres Lot Size Acres: 0.12 Lot Size Square Feet: 5227

Property Information

Subdivision: Not In Subdivision Source Property Type: Residential Property SubType: Single Family Residence Levels: One Property Age: 88

Listing Price Information

Listing Price: $295000 Cash, Conventional

Tax Information

Parcel Number: R05410-007-004-000

Parking Information

Shared Driveway, On Street, Concrete, Off Street

School Information

Elementary School: Forest Hills

Junior High School: Williston

Senior High School: Hoggard
Utility Information

Sewer Available, Water Available
Location Information

Direction: US-17 BUS S/Market St Follow S 16th St and Castle St to S 11th St. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
345 Preservation Point .., Wilmington, NC, 28401	$875,000	4	4	2,749	2,749 SqFt
229 Bermuda Drive, Wilmington, NC, 28401	$330,000	3	2	1,125	1,125 SqFt
1501 Parmele Drive, Wilmington, NC, 28401	$345,000	3	2	1,450	1,450 SqFt
307 S 17th Street, Wilmington, NC, 28401	$460,000	3	2	1,223	1,223 SqFt
806 S 16th Street, Wilmington, NC, 28401	$279,000	2	2	1,028	1,028 SqFt
1518 Castle Street, Wilmington, NC, 28401	$407,500	2	1	965	965 SqFt
1516 Castle Street, Wilmington, NC, 28401	$415,000	1	2	994	994 SqFt
2109 E Lake Shore Drive, Wilmington, NC, 28401	$299,000	3	2	1,912	1,912 SqFt
804 S 15th Street, Wilmington, NC, 28401	$369,000	4	2	1,625	1,625 SqFt
1610 Dock Street, Wilmington, NC, 28401	$469,000	3	2	1,106	1,106 SqFt

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ByOwner last updated this listing 06/16/2026 @ 12:51

MLS: 100579945 LISTED BY: Benjamin Eisenberg, RE/MAX Essential SOURCE: Hive MLS (North Carolina Regional)