4515 Greenway Avenue

Wilmington NC 28403

9792 sq. ft.

36590 sq. ft.

Duplex

Currently for sale - view listing

Overview

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.

Features

24 bedrooms

18 bathrooms

9792 sq. ft. floor area

36590 sq. ft. lot size

Duplex

Property history for 4515 Greenway Avenue

2022

Sold

$216,000

21 Apr 2022

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Local market activity for 24 bedroom duplexes in Wilmington

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Mark Reiser

at Coastal Properties

View listing

Sales:: (619) 566-0008

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