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407 Maides Avenue, Wilmington, NC 28405

Wilmington
Local realty services provided by:CENTURY 21 New Beginnings
407 Maides Avenue,Wilmington, NC 28405
$2,800,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: ironwood realty group powered by real broker llc., loretta hinson
Office: real broker llc.
MLS#:LP753894
Source:RD

Price summary

  • Price:$2,800,000

About this home

Unlock a rare opportunity to own a well-performing multifamily property on a SINGLE parcel in a highly sought-after Wilmington neighborhood, currently cash flowing over $20,000 per month with three vacancies being filled that will push rents closer to $25,000, and with plenty of room to increase rents further. Amazing investment opportunity on this home with income potential for years. Each property has recently had up to $30,000 worth of updates that have brought it up to today's market standards. Step inside to discover modern finishes, refreshed interiors, and thoughtful upgrades that enhance comfort and appeal to long-term tenants. With strong rental demand in the area, this property offers consistent cash flow and room for appreciation. Whether you're expanding your portfolio or entering the market for the first time, this turnkey home stands ready to perform. Featuring a diverse mix of units from duplexes to quadplexes, the property has undergone significant renovations—over...

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Home facts

  • Listing ID #:LP753894
  • Added:124 day(s) ago
  • Updated:March 27, 2026 at 07:35 AM

Schools

  • High school:New Hanover County Schools
  • Middle school:New Hanover County Schools

Finances and disclosures

  • Price:$2,800,000
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