1421 -1425 Wellington Avenue
Wilmington, NC 28401
9
Bed
4
Bath
0.30Acre(Lot)
Turnkey 4-unit investment opportunity featuring two duplexes on adjacent lots (sold together). Rare ''quad'' setup ideal for investors seeking immediate cash flow and portfolio expansion. Unit mix includes: one 3BR/2BA, one 2BR/2BA, one 2BR/1BA, and one 3BR/3BA. Property offers off-street parking and garage. Located on a corner lot with O&I zoning, providing flexibility for continued residential use or potential conversion to other permitted uses (buyer to verify). Currently fully income-producing. Conveniently situated near hospital, shopping, businesses, and beaches--strong rental demand area. Great opportunity for investors looking for stable income with upside potential.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 9Bathroom Information
Total Baths: 4Room Information
Basement: None -
Flooring Information
Vinyl -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Electric Water Heater Laundry Features: Washer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1974 Building Area Total: 3542 Construction Materials: Brick Veneer, Vinyl Siding, Frame Patio And Porch Features: None Private Pool: No View: See Remarks
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Lot Information
Lot Dimensions: Irregular Main Square Feet: 0.3 Acres Lot Size Acres: 0.3 Lot Size Square Feet: 13199Property Information
Subdivision: Halcyon Source Property Type: Residential Income Property SubType: Quadruplex Levels: One Property Age: 52
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Listing Price Information
Listing Price: $1065000 Cash, Conventional
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Tax Information
Parcel Number: R06015-001-001-000 Tax Block: 0 Tax Year: 2025 Annual Tax: $3101.99
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Parking Information
Parking Total: 1 Gravel, Off StreetGarage Information
Has Attached Garage: Yes Garage Space: 1
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School Information
Elementary School: SunsetJunior High School: WillistonSenior High School: New Hanover -
Utility Information
Electricity Connected, Sewer Connected, Water Connected -
Location Information
Direction: Traveling south on Carolina Beach Rd. turn left onto Wellington Ave. duplexes are on the left
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 301 S 13th Street, Wilmington, NC, 28401 | $300,000 | 3 | 2 | -- | |
| 817 S 11th Street, Wilmington, NC, 28401 | $299,000 | 3 | 3 | -- | |
| 1501 Stanley Street #AB, Wilmington, NC, 28401 | $649,900 | 8 | 4 | -- | |
| 1415 Corbett Street #AB, Wilmington, NC, 28401 | $649,900 | 8 | 4 | -- | |
| 1411 Corbett Street #AB, Wilmington, NC, 28401 | $649,900 | 8 | 4 | -- | |
| 1409 Corbett Street #AB, Wilmington, NC, 28401 | $649,900 | 8 | 4 | -- | |
| 1308 Corbett Street #AB, Wilmington, NC, 28401 | $725,000 | 8 | 4 | -- | |
| 107 S 10th Street, Wilmington, NC, 28401 | $374,900 | 4 | 3 | -- | |
| 710-714 Cronely Alley, Wilmington, NC, 28401 | $895,000 | 4 | 4 | -- | |
| 623 S 6th Street, Wilmington, NC, 28401 | $399,000 | 4 | 2 | -- |
Similar Multifamily To 1421 -1425 Wellington Avenue
Nearby For Sale
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ByOwner last updated this listing 06/24/2026 @ 02:27
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