2940 Oleander Drive F11, Wilmington, NC 28403
$220,995
Property Type:
Residential
Bedrooms:
2
Baths:
1
Square Footage:
936
Status:
Active
Current Price:
$220,995
List Date:
9/18/2025
Last Modified:
12/03/2025
Description
This updated 2-bedroom, 1-bathroom condo is being offered fully furnished and is currently a profitable short-term rental, with Airbnb income history available upon request. Whether you're looking for your first home, a second home, or a ready-to-go investment, this property checks every box.
Located in an established neighborhood with picturesque live oak-lined streets, this home offers the best of Wilmington living. Enjoy a walkable lifestyle with restaurants, coffee shops, groceries, and the Cross-City Trail just steps away. The vibrant downtown riverfront is only 2 miles away, New Hanover Regional Medical Center is just 3 miles away—ideal for mid-term rentals such as travel nurses—and Wrightsville Beach is only 7 miles from your door.
Inside, the kitchen has been tastefully updated, and the entire property comes fully furnished for an effortless transition. The condo is turn-key, whether you continue its use as a successful Airbnb or make it your own primary residence.
Don't miss this rare opportunity to own a charming, income-producing property in one of Wilmington's most desirable historic neighborhoods!
More Information MLS# 100531238
Building/Ext Features
ud_i_08: 0
Property Interior Info
Total SqFt - Heated (Primary + Separate): 936
# Rooms: 5
# Baths - Full: 1
# Baths - Half: 0
# Baths - Total: 1
Master Bedroom Level: Primary Living Area
Stories: 1
Fireplace Y/N: No
SqFt - Heated (Primary): 936
# Bedrooms: 2
Contract Info
Delayed Marketing?: No
Sub-Type: Condominium
Construction Type: Stick Built
List Price/SqFt: 236.11
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2025-09-18
Listing Price: 220995
Current Price: $220,995
Location Information
Unit #: F11
City Limits: Yes
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 2940
Street Name: Oleander
Street Suffix: Drive
County: New Hanover
State/Province: NC
Zip Code: 28403
Subdivision: Oleander Court Condominiums
Geo Lat: 34.217436
Geo Lon: -77.910146
Remarks and Showing
Sign on Property: No
Directions to Property: From downtown, take Oleander Drive toward Independence Mall. Turn right on Hawthorne, then right on Mayfair. The property is in the first building on the right, Enter through front door (Green Door) and go to second floor. Unit F11, top of stairs on the left. If you park on the courtyard side behind building (Back door is painted white), you will need to walk around to the front of the building
Property Exterior Info
New Construction: No
Waterfront: No
Location Type: Mainland
Legal & Taxes
Tax Assessed Value: 226600
Total City Real Estate Property Tax: 640.15
Total Real Estate Property Taxes: 1333.55
Deed Book: 6641
Deed Page: 2660
Legal: Unit 11-F Oleander Court
Broker Owner: No
PID: R05420-010-006-011
Tax Identifier: R05420-010-006-011
Plat Book: 0
Plat Page: 0
Special Assessments: none
Tax Year: 2025
Zoning: MF-M
HOA: Yes
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
School District: New Hanover
Elementary School: Alderman
Middle School: Williston
High School: New Hanover
Garage & Parking
Attached Garage Spaces: 0
Detached Garage Spaces: 0
Total # Garage Spaces: 0
Total Carport Spaces: 0
Parking Features
Parking Lot: 1
HOA and Neigh Amenities
Laundry: 1
Maint - Comm Areas: 1
Maint - Grounds: 1
Master Insure: 1
Street Lights: 1
Trash: 1
Water: 1
HOA
Association Fee 1/Year: 2929.56
Association Name: Cepco
Association Phone: 9103951500
Handicap Accessible
None: 1
Construction
Wood Frame: 1
Unit Type
2 Bedroom: 1
Current Service Providers
Electric Provider: Duke Progress Energy
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Exterior Finish
Brick Veneer: 1
Terms
Cash: 1
Conventional: 1
Fencing
None: 1
Foundation
Crawl Space: 1
Flooring
Tile: 1
Wood: 1
Patio and Porch Features
None: 1
Roof
Shingle: 1
Levels
One: 1
Interior: 1
Road Type/Frontage
Paved: 1
Trash Collection
Private Service: 1
Cooling
Central Air: 1
Heated SqFt
800 - 999: 1
Heating
Heat Pump: 1
Heating System Fuel Source
Electric: 1
Water Heater
Electric: 1
Utilities
Sewer Available: 1
Water Available: 1
Sewer
Municipal Sewer: 1
Water Source
Municipal Water: 1
Appliances/Equip
Dishwasher: 1
Disposal: 1
Electric Cooktop: 1
Refrigerator: 1
Furnished
Furnished: 1
Interior Features
Blinds/Shades: 1
Ceiling Fan(s): 1
Furnished: 1
High Ceilings: 1
Solid Surface: 1
Window Features
Storm Window(s): 1
Laundry Features
None: 1
Dining Room Type
Combination: 1
Pets Allowed
Pets Allowed: Yes
Legal Taxes
Year Built: 1951
Property Features
Handicap Accessible: None
Construction: Wood Frame
Unit Type: 2 Bedroom
Exterior Finish: Brick Veneer
Fencing: None
Foundation: Crawl Space
Parking Features: Parking Lot
Patio and Porch Features: None
Roof: Shingle
Levels: One; Interior
Trash Collection: Private Service
Cooling: Central Air
Heating: Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Sewer Available; Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Flooring: Tile; Wood
Furnished: Furnished
Interior Features: Blinds/Shades; Ceiling Fan(s); Furnished; High Ceilings; Solid Surface
Window Features: Storm Window(s)
Laundry Features: None
Heated SqFt: 800 - 999
Dining Room Type: Combination
HOA and Neigh Amenities: Laundry; Maint - Comm Areas; Maint - Grounds; Master Insure; Street Lights; Trash; Water
Terms: Cash; Conventional
Listing Office:
Intracoastal Realty Corp
IDX
Last Updated: December - 03 - 2025
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