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4946 Wrightsville Avenue, Wilmington, NC 28403

$3,495,000

Property Type: Comm Sale or Lease Square Footage: 1,733 Lot Size (sq. ft.): 9,583 Status: Active

Current Price: $3,495,000 List Date: 3/16/2026 Last Modified: 3/16/2026

Overview

Description

A stabilized, income-producing portfolio rarely comes to market in Wilmington's most reliable rental submarket, and when it does, it looks like this. Six single-family homes (each on its own separate parcel) positioned on Wrightsville Avenue and Park Avenue in the 28403 zip code, approximately two minutes from UNCW. All six homes are 4 bedrooms, 3 bathrooms with open-concept living designed for shared occupancy. Every home is fully leased through July of 2026 with five out of the six leases at $3,800 per month and one at $3,600 per month producing $271,200 in gross annual rental income. Then, there are six new leases in place through July of 2027, all at $3,800 per month producing $273,600 in annual gross income. There is no lease-up period, no vacancy risk on the near horizon, and no learning curve. The portfolio is under professional management with online tenant portals and structured lease agreements already in place. Since ownership, gross rents have increased by approximate ... (Read more)

Listing Details MLS# 100560554

Contract Info

Delayed Marketing?: No
Marketing Start Date: 2026-03-16
Sub-Type: Multi Family
Garage: N/A
Listing Price: 3495000
List Price/SqFt: 2016.73
Stipulation of Sale: Standard

Location Information

Street #: 4946
Street Name: Wrightsville
Street Suffix: Avenue
County: New Hanover
State/Province: NC
Zip Code: 28403
City Limits: Yes
Marketing City: Wilmington
Subdivision: Not In Subdivision
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: College Rd South to Wrightsville Ave. Left on Wrightsville. Homes will be on the right.
Sign on Property: Yes

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 1733

Legal and Taxes

Tax Assessed Value: 345400
Deed Book: 6672
Deed Page: 2869
Legal: LT 1 BLK A WINTER PARK HEIGHTS
Broker Owner: No
PID: R05520011016000
Tax Identifier: R05520-011-014-000
Total Real Estate Property Taxes: 2032.68
Special Assessments: N/A
Tax Year: 2025
Year Built: 1998
Zoning: R-15
HOA: No
Cobra Zone: No
Plat Book: No
Plat Page: No

More Information

Current Service Providers

Electric Provider: Duke Energy
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority

Financial Info

Financial Info: Yes
Gross Income: 273600
Management Fee: 10

Building/Ext Features

# of Units: 0
Fireplace Y/N: No
Lot Acres: 0.22
Lot SqFt: 9583
Lot Dimensions: irregular
Location Type: Mainland

Current Use

Residential: Yes

Construction

Wood Frame: Yes

Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Parking Features

Off Street: Yes
On Site: Yes
Paved: Yes
See Remarks: Yes

Sale/Lease Includes

Buildings: Yes
See Remarks: Yes

Roof

Shingle: Yes

Cooling

Central Air: Yes

Heating System Fuel Source

Electric: Yes

Water Heater

Electric: Yes

Water Source

Municipal Water: Yes

Sewer

Municipal Sewer: Yes

Lease Types

See Remarks: Yes

Property Features

Construction: Wood Frame Parking Features: Off Street; On Site; Paved; See Remarks Roof: Shingle Current Use: Residential Cooling: Central Air Heating System Fuel Source: Electric Water Heater: Electric Sewer: Municipal Sewer Water Source: Municipal Water Terms: 1031 Exchange; Cash; Conventional Lease Types: See Remarks

IDX

Listing Office: Carolina One Properties Inc.

Last Updated: March - 16 - 2026

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