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2821 Penn Street

Wilmington, NC 28412
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Bed 4

Bed

Bath 2

Bath

SqFt1,392

Sqft

Acres0.23

Acre(Lot)

Introducing 2821 & 2823 Penn Street, a beautifully updated duplex located in one of Wilmington's desirable Penn Street corridors. Thoughtfully improved with a brand-new roof, luxury vinyl plank flooring throughout, and a fully fenced backyard, this property combines timeless character with modern, low-maintenance living. Perfect for investors or owner-occupants, each unit features bright, functional living spaces, separate utilities, and durable finishes that make ownership simple and efficient. The private fenced backyard enhances the property's appeal for tenants, while the new roof offers added value and peace of mind for years to come. Situated in a quiet, established neighborhood with no HOA, this duplex offers excellent rental potential and easy management. Its prime location p laces you just minutes from Downtown Wilmington's Riverwalk, restaurants, shopping, entertainment, and major transportation routes, making it highly attractive to both tenants and homeowners alike. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, 2821 & 2823 Penn Street present an exceptional opportunity. Move-in ready, thoughtfully updated, and ideally located, this is a property that truly checks all the boxes. Schedule your private showing today and discover the potential this outstanding duplex has to offer.

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Detail Ic Property Details

Property Type : Residential

Price : $315,000

AD Id : 87905388

MLS Id : 100587875

Beds : 4

Lot Size : 0.23 Acre

Living Area Size : 1,392

Year Built : 1942

County : New Hanover

Subdivision: Wheeler Lake

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 10 Basement: Crawl Space
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
  • Heating & Cooling

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

  • Building Information

    Year Built: 1942 Building Area Total: 1392 Construction Materials: Vinyl Siding, Frame Patio And Porch Features: Porch Private Pool: No View: See Remarks

  • Lot Information

    Lot Dimensions: 70x142 Main Square Feet: 0.23 Acres Lot Size Acres: 0.23 Lot Size Square Feet: 9980

    Property Information

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

  • Listing Price Information

    Listing Price: $315000 Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: R06506012005000

  • Parking Information

    Off Street, Paved

  • School Information

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

    Cable Available, Sewer Connected, Water Connected
  • Location Information

    Direction: Carolina Beach Rd/US-421 S → Right on Marion Dr → Left on Rutledge Dr → Left on Penn St. Property is on the left. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
130 Storage Road, Wilmington, NC, 28412 $450,000 3 4 1,685 1,685 SqFt
128 Storage Road, Wilmington, NC, 28412 $425,000 4 4 1,685 1,685 SqFt
126 Storage Road, Wilmington, NC, 28412 $417,990 4 4 1,685 1,685 SqFt
124 Storage Road, Wilmington, NC, 28412 $423,990 3 4 1,685 1,685 SqFt
122 Storage Road, Wilmington, NC, 28412 $406,990 4 4 1,685 1,685 SqFt
120 Storage Road, Wilmington, NC, 28412 $408,990 4 4 1,685 1,685 SqFt
118 Storage Road, Wilmington, NC, 28412 $424,990 3 4 1,685 1,685 SqFt
116 Storage Road, Wilmington, NC, 28412 $429,990 3 4 1,685 1,685 SqFt
160 Hanger Road, Wilmington, NC, 28412 $405,000 3 3 1,685 1,685 SqFt
162 Hanger Road, Wilmington, NC, 28412 $408,990 4 4 1,685 1,685 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 07/12/2026 @ 21:39

MLS: 100587875 LISTED BY: Shelly Wagner, Wicker Properties of the Carolinas, Inc. SOURCE: Hive MLS (North Carolina Regional)

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