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About This Home
This 24-bedroom, 18-bathroom residential multi family at 4515 Greenway Avenue in Wilmington, NC is listed for $2,490,000 ($254 per sqft). Built in 2022, the home offers 9,792 sqft of living space on a 0.84 acres 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. Excellent 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.
Key Features
- Built in 2022
- 0.84 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$13,317/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4515 Greenway Avenue
Wilmington, NC 28403
College Park
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Pool Features
Heating
Cooling
Questions & Answers
This 24-bedroom, 18-bathroom residential multi family at 4515 Greenway Avenue is listed at $2,490,000 ($254/sqft). The estimated monthly payment is $10,790 based on 20% down at 6.5% interest.
Key features include: Built in 2022, 0.84 acre lot, 2 stories. Interior Features: Ceiling Fan(s).
This property is listed by Mark C Reiser and can be reached at 9103526110 or mcreiser@aol.com.