# 1405 Corbett Street unit: A, Wilmington, NC 28401

> **TL;DR:** residential multi family, $5,799,900 ($234/sqft), built 2023, 24,768 sqft.
> A/C. Est. $25,133/mo. Listed 122 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $5,799,900 |
| Price/sqft | $234 |
| Square Feet | 24,768 |
| Year Built | 2023 |
| Lot Size | 5,227 sqft (0.12 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 122 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $25,133 |
| **Total** | **$25,133** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2023
- 0.12 acre lot

## Description

### Agent Description
Rare opportunity! 8 Duplexes in downtown Wilmington next to a new home development in Love Grove. You can really see the time and effort the developer/builder/owner put into making and creating this perfect portfolio compound of major cash flow! 8 Duplexes which breaks down to be 16, 4 bedroom 2 bath units with 1,548 Sqft per unit for a total of 24,768 sqft, 64 bedrooms, 32 bathrooms. All 8 duplexes are side by side and all in a row on the same street. Each duplex is on its own parcel. Every unit has their own driveway and fenced in backyard. There is also a storage unit in the back of every unit. Granite counter tops, stainless steel appliances water proof flooring and so many great features. Floor plans reads 1 bedroom down stairs and 3 upstairs. Floor plans and specs are attached to the mls or can be provided upon request. Each tenant has been handpicked by the owner with long history and track records. Every lease is government backed and guaranteed though Sec8 program. Each tenant had to meet criteria of no previous evictions, no felonies, strong reference from past landlords and wanted to stay at the property for many years after initial lease period. They do not have to be sec8 if not wanted. Currently total rental income a month is about 40k a month or 480k a year! This opportunity gives you the chance to own 8 almost new multifamily properties in a fantastic area in one of the fastest growing cities in the country with a even better return. Easy to manage, fully occupied and like new! Reach out for a private tour or for more information.

## Location

- **Address:** 1405 Corbett Street unit: A, Wilmington, NC 28401
- **County:** New Hanover
- **Neighborhood:** Love Grove
- **Coordinates:** 34.252903, -77.93204
- **Google Maps:** https://www.google.com/maps?q=34.252903,-77.93204

## Listing Agent

- **Name:** The Domenico Grillo Real Estate Team
- **Brokerage:** Keller Williams Innovate-Wilmington
- **Phone:** 9105087387
- **Email:** domenicogrillorealestate@gmail.com

## Primary Photo

![1405 Corbett Street unit: A - Primary Photo](http://lh.rdcpix.com/b2106202cfe8fd545ad748b61fb8b05el-f2044456583r.jpg)

*50 total photos available on [listing page](https://www.propertysimple.com/listing/1405-corbett-street-unit-a-wilmington-nc-28401-00544737)*

---

**MLS#:** 100544737 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1405-corbett-street-unit-a-wilmington-nc-28401-00544737)

---

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