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1421 -1425 Wellington Avenue

Wilmington, NC 28401
  • $1,065,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 100564998
UPDATED: 71 min ago
$1,065,000
  • 9
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1974
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Turnkey 4-unit investment opportunity featuring two duplexes on adjacent lots (sold together). Rare ''quad'' setup ideal for investors seeking immediate cash flow and portfolio expansion. Unit mix includes: one 3BR/2BA, one 2BR/2BA, one 2BR/1BA, and one 3BR/3BA. Property offers off-street parking and garage. Located on a corner lot with O&I zoning, providing flexibility for continued residential use or potential conversion to other permitted uses (buyer to verify). Currently fully income-producing. Conveniently situated near hospital, shopping, businesses, and beaches--strong rental demand area. Great opportunity for investors looking for stable income with upside potential.

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[Hive MLS] logoThe data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC, and is updated as of 2026-04-12T21:32:51.857. 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 Carolina Coastal Group 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. © 2026 Hive MLS LLC
www.carolinacoastalgroup.com/homes/174844001
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1421 -1425 Wellington Avenue Wilmington, NC 28401

  • Price: $1,065,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 71 min ago
  • MLS #: 100564998
9
Beds
0
Baths
0
½ Baths
0.3
Acres
1974
Built
Neighborhood:
Halcyon
County:
New Hanover
Area:
Wilmington
Elementary School:
Sunset
Middle School:
Williston
High School:
New Hanover
Property Description
Turnkey 4-unit investment opportunity featuring two duplexes on adjacent lots (sold together). Rare ''quad'' setup ideal for investors seeking immediate cash flow and portfolio expansion. Unit mix includes: one 3BR/2BA, one 2BR/2BA, one 2BR/1BA, and one 3BR/3BA. Property offers off-street parking and garage. Located on a corner lot with O&I zoning, providing flexibility for continued residential use or potential conversion to other permitted uses (buyer to verify). Currently fully income-producing. Conveniently situated near hospital, shopping, businesses, and beaches--strong rental demand area. Great opportunity for investors looking for stable income with upside potential.
Exterior Features

Attached Garage YN Yes Carport Spaces 0 Construction Materials Brick VeneerVinyl SidingWood Frame Exterior Finish Brick VeneerVinyl Siding Fencing None Foundation Details Slab Garage YN Yes Parking Features GravelOff Street Parking Total 1 Patio And Porch Features None Roof Shingle Structure Type Wood Frame View See Remarks

Interior Features

Attic Features Access Only Basement None Building Area Total 3542 Cooling Central Air Cooling YN Yes Flooring Vinyl Furnished Unfurnished Green Building Verification Type None Heating ElectricForced Air Heating System Fuel Source Electric Heating YN Yes Interior Features See Remarks61 Laundry Features Dryer HookupWasher Hookup Laundry Location Hookup - DryerHookup - Washer Levels One Water Heater Electric

Property Features

Association Amenities See Remarks Cobra Zone YN No Federal Flood Insurance Available YN Yes Financials Available YN Yes Frontage Type See Remarks In City Limits YN Yes Island Or Mainland Mainland Lease Includes BuildingLand Listing Terms CashConventional New Construction YN No Number Of Units In Community 4 Property Sub Type Quadruplex Road Frontage Type City StreetState Road Special Listing Conditions Standard Tax Amount 3101.99 Tax Year 2025 Utilities Electricity ConnectedSewer ConnectedWater Connected Waterfront YN No Zoning O&I

Listing information © 2026 Hive MLS
Listing courtesy of Jeffrey Hovis of Intracoastal Realty Corp: 910-256-4503.


[Hive MLS] logoThe data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC, and is updated as of 2026-04-12T21:32:51.857. 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 Carolina Coastal Group 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. © 2026 Hive MLS LLC
 
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Carolina Coastal Group
514 N Howe St
Southport NC, 28461