311 S 15th Street, Wilmington, NC 28401
$224,000
Property Type:
Residential
Bedrooms:
2
Baths:
1
Square Footage:
970
Lot Size (sq. ft.):
5,837
Status:
Active
Current Price:
$224,000
List Date:
12/01/2025
Last Modified:
12/03/2025
Description
Discover an incredible opportunity in the heart of Wilmington's growing rental market. 311 S 15th St is currently being used as an investment property and is tenant-occupied through June 2026, offering immediate income for anyone looking to expand their portfolio.
This property has strong potential to continue as a long-term investment or could be a fantastic option for a future owner-occupant wanting a home they can fix up and make their own. With its close proximity to Downtown, the Cargo District, and major Wilmington hotspots, the location alone offers great upside and convenience.
Whether you're looking for steady cash flow, a value-add renovation project, or a home to personalize down the road, this one checks the boxes. A solid tenant already in place makes the transition seamless for investors.
More Information MLS# 100543494
Property Interior Info
Total SqFt - Heated (Primary + Separate): 970
# Rooms: 6
# Baths - Full: 1
# Baths - Half: 0
# Baths - Total: 1
Master Bedroom Level: Primary Living Area
Stories: 1
Fireplace Y/N: No
SqFt - Heated (Primary): 970
# Bedrooms: 2
Contract Info
Delayed Marketing?: No
Sub-Type: Single Family Residence
Construction Type: Stick Built
List Price/SqFt: 230.93
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2025-12-01
Listing Price: 224000
Current Price: $224,000
Location Information
City Limits: Yes
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 311
Pre Direction: S
Street Name: 15th
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
Subdivision: Rankin Place North
Geo Lat: 34.23251
Geo Lon: -77.929474
Remarks and Showing
Sign on Property: Yes
Directions to Property: From Market Street turn onto S 16th St, then turn right onto Nun St, Turn right onto S 15th St and 311 S 15th will be on your right.
Property Exterior Info
New Construction: No
Lot Acres: 0.13
Lot Dimensions: 39x142
Lot SqFt: 5837
Waterfront: No
Location Type: Mainland
Legal & Taxes
Tax Assessed Value: 281400
Total Real Estate Property Taxes: 1656.04
Deed Book: 6519
Deed Page: 1141
Legal: BLK 500 SW 1/4 3 NE 4 WILM
Broker Owner: No
PID: R05406-027-003-000
Tax Identifier: R05406-027-003-000
Plat Book: 0
Plat Page: 0
Special Assessments: N/A
Tax Year: 2025
Zoning: R-5
HOA: No
Cobra Zone: No
School District: New Hanover
Elementary School: Snipes
Middle School: Williston
High School: Hoggard
Garage & Parking
Attached Garage Spaces: 0
Detached Garage Spaces: 1
Total # Garage Spaces: 1
Total Carport Spaces: 0
Parking Features
Detached: 1
Off Street: 1
Unpaved: 1
Basement
None: 1
Frontage Type
See Remarks: 1
View Type
None: 1
Construction
Wood Frame: 1
Unit Type
2 Bedroom: 1
Lot Water Features
None: 1
Exterior Features
None: 1
Exterior Finish
Metal Siding: 1
Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Fencing
Back Yard: 1
Wood: 1
Foundation
Crawl Space: 1
Flooring
LVT/LVP: 1
Wood: 1
Green Bldg Certify
None: 1
Green Bldg Features
None: 1
Patio and Porch Features
Porch: 1
Pool Features
None: 1
Roof
Shingle: 1
Levels
One: 1
Road Type/Frontage
Paved: 1
Public (City/Cty/St): 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
Gas Cooktop: 1
Furnished
Unfurnished: 1
Interior Features
None: 1
Laundry Features
Hookup - Dryer: 1
Hookup - Washer: 1
Dining Room Type
Formal: 1
Rooms
Bedroom 2: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Sunroom: 1
Legal Taxes
Year Built: 1923
Property Features
Frontage Type: See Remarks
View Type: None
Basement: None
Construction: Wood Frame
Unit Type: 2 Bedroom
Exterior Features: None
Exterior Finish: Metal Siding
Fencing: Back Yard; Wood
Foundation: Crawl Space
Green Bldg Certify: None
Green Bldg Features: None
Parking Features: Detached; Off Street; Unpaved
Patio and Porch Features: Porch
Pool Features: None
Roof: Shingle
Levels: One
Lot Water Features: None
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: LVT/LVP; Wood
Furnished: Unfurnished
Interior Features: None
Laundry Features: Hookup - Dryer; Hookup - Washer
Heated SqFt: 800 - 999
Dining Room Type: Formal
Rooms: Bedroom 2; Dining Room; Kitchen; Living Room; Master Bedroom; Sunroom
Terms: Cash; Conventional; FHA; VA Loan
Room Information
Living Room
Dining Room
Kitchen
Sunroom
Master Bedroom
Bedroom 2
Listing Office:
Carolina One Properties Inc.
IDX
Last Updated: December - 03 - 2025
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