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4515 Greenway Avenue

Wilmington, NC 28403
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Bed 24

Bed

Bath 18

Bath

Acres0.84

Acre(Lot)

Rare opportunity to acquire a portfolio of three newer duplexes (6 total units) in one of Wilmington's strongest rental corridors near UNCW, Wrightsville Beach, shopping, dining, and Wilmington International Airport. The portfolio consists of six 4-bedroom, 3-bathroom units with strong rental history and professional management systems already in place. Current gross income is approximately $169,200 annually with upside potential through future lease renewals and rent adjustments. Tenants pay utilities. Properties feature modern floor plans designed for shared occupancy and have benefited from numerous capital improvements and updates. Sale includes an additional parcel offering potential future development opportunities, subject to buyer due diligence and municipal approvals. Exc ellent opportunity for investors seeking immediate cash flow, strong occupancy history, and long-term appreciation potential in a highly desirable Wilmington location. Portfolio sale includes 271 S Kerr Ave, 4507 Greenway Ave, and 4515 Greenway Ave. Rent rolls, income statements, surveys, floor plans, and additional due diligence materials available upon request. Seller is a North Carolina Licensed Realtor.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,490,000

AD Id : 85795571

MLS Id : 100583829

Beds : 24

Lot Size : 0.84 Acre

Year Built : 2022

County : New Hanover

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Feature Features

  • Bedroom Information

    Total beds: 24

    Bathroom Information

    Total Baths: 18

    Room Information

    Basement: None
  • Roofing Information

    Shingle
  • Interior Features

    Ceiling Fan(s) Roof: Shingle Appliances: Electric Water Heater Laundry Features: Washer Hookup Window Features: Insulated Windows
  • Heating & Cooling

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

  • Building Information

    Year Built: 2022 Building Area Total: 9792 Construction Materials: Vinyl Siding, Frame Patio And Porch Features: Porch Private Pool: No View: See Remarks

  • Lot Information

    Lot Dimensions: Irregular Main Square Feet: 0.84 Acres Lot Size Acres: 0.84 Lot Size Square Feet: 36590

    Property Information

    Subdivision: College Park Source Property Type: Residential Income Property SubType: Duplex Levels: Two Property Age: 4

  • Listing Price Information

    Listing Price: $2490000

  • Tax Information

    Parcel Number: R04919-008-002-000 Tax Block: 1561 Tax Year: 2025

  • Parking Information

    Asphalt, On Site

  • School Information

    Elementary School: College Park
    Junior High School: Williston
    Senior High School: New Hanover
  • Utility Information

    Sewer Available, Water Available
  • Location Information

    Direction: south on Kerr Ave from Merket St left on Kerr WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
109 Pine Clay Road, Wilmington, NC, 28403 $375,000 3 3 --
5018 Oleander Drive, Wilmington, NC, 28403 $979,000 2 3 --

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 06/24/2026 @ 16:09

MLS: 100583829 LISTED BY: Mark Reiser, Coastal Properties SOURCE: Hive MLS (North Carolina Regional)

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