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2827 Penn Street

Wilmington, NC 28412
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$259,900 $1,095/Mo
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Bed 4

Bed

Bath 2

Bath

Acres0.24

Acre(Lot)

Attention investors and house-hackers! Welcome to 2825 & 2827 Penn Street, a highly desirable side-by-side duplex located in the heart of Wilmington, NC. This rare, low-maintenance income property features two distinct units, making it the perfect addition to any real estate portfolio or an ideal opportunity to live in one side and rent out the other. Each unit boasts a functional layout with classic hardwood flooring, separate utility meters, and a spacious shared yard. Situated in a quiet, established neighborhood with no HOA restrictions, this property offers incredible ease of management and maximum rental flexibility. Enjoy a stellar location just minutes from Downtown Wilmington's historic Riverfront, local dining, shopping, and major transit routes. With a strong historical rental market in the area and immediate cash-flow potential, this duplex is a true ''set-it-and-forget-it'' investment. Opportunities like this on Penn Street don't last long--schedule your tour today and start building equity!

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Detail Ic Property Details

Property Type : Residential Income

Price : $259,900

AD Id : 80080925

MLS Id : 100578989

Beds : 4

Lot Size : 0.24 Acre

Year Built : 1942

County : New Hanover

Subdivision: None Available

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2

    Room Information

    Basement: None, Crawl Space

  • Flooring Information

    Vinyl, Hardwood

  • Roofing Information

    Shingle

  • Interior Features

    Roof: Shingle Appliances: Dryer, Electric Water Heater Laundry Features: None

  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace, Natural Gas Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1942 Building Area Total: 1392 Construction Materials: Vinyl Siding, Frame Patio And Porch Features: Screened, Front Porch, Rear Porch Pool Features: None Private Pool: No View: See Remarks

  • Lot Information

    Lot Dimensions: 82x130x80x134 Main Square Feet: 0.24 Acres Lot Size Acres: 0.24 Lot Size Square Feet: 10672 Lot Description: Corner Lot

    Property Information

    Subdivision: Belmont Source Property Type: Residential Income Property SubType: Duplex Levels: One Property Age: 84

  • Listing Price Information

    Listing Price: $259900 Original Price: $259000 Cash, Conventional

  • Tax Information

    Parcel Number: R06506-012-006-000 Tax Block: 73 Tax Year: 2025 Annual Tax: $1268.23

  • Parking Information

    Gravel, Unpaved

  • School Information

    Elementary School: Sunset
    Junior High School: Williston
    Senior High School: New Hanover

  • Utility Information

    Natural Gas Available, Natural Gas Connected, Sewer Available, Water Available, Electricity Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

  • Location Information

    Direction: Eastwood, left on Military, left on College, and left on Shipyard, then immediately right onto Williamson, then left on Rutledge, then left on to Penn house at the end of the street on the left. WaterSource: Public
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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 06/21/2026 @ 02:11

MLS: 100578989 LISTED BY: The Rising Tide Team, Intracoastal Realty Corporation SOURCE: Hive MLS (North Carolina Regional)

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