400 Beasley Road, Wilmington, NC 28409
$2,800,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,302
Lot Size (sq. ft.):
189,922
Status:
Active
Current Price:
$2,800,000
List Date:
6/12/2025
Last Modified:
11/19/2025
Description
Turnkey 9-unit residential portfolio offered with roughly two additional contiguous acres of adjacent land in a prime infill location - total acreage of site is 4.36 ac. Fully leased and well-maintained, this stabilized income-producing asset presents both immediate cash flow and long-term upside. The property features a mix of unit types, some with garages, and sits within a strong rental submarket. The additional acreage offers excellent development potential for expansion, subdivision, or future redevelopment. A rare opportunity to acquire both rental income and infill land in a single package.
Seller's are listing brokers and licensed NC Real Estate Brokers.
More Information MLS# 100513158
Building/Ext Features
ud_i_08: 0
Contract Info
Delayed Marketing?: No
Sub-Type: Single Family Residence
Construction Type: Stick Built
List Price/SqFt: 2150.54
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2025-06-12
Listing Price: 2800000
Current Price: $2,800,000
Location Information
City Limits: Yes
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 400
Street Name: Beasley
Street Suffix: Road
County: New Hanover
State/Province: NC
Zip Code: 28409
Subdivision: Not In Subdivision
Geo Lat: 34.191033
Geo Lon: -77.873355
Remarks and Showing
Sign on Property: No
Directions to Property: Pine Grove to Beasley Rd on right
Property Exterior Info
New Construction: No
Lot Acres: 4.36
Lot Dimensions: irregular
Lot SqFt: 189922
Waterfront: No
Location Type: Mainland
Property Interior Info
Total SqFt - Heated (Primary + Separate): 1302
# Rooms: 5
# Baths - Full: 2
# Baths - Half: 0
# Baths - Total: 2
Master Bedroom Level: Primary Living Area
Stories: 1
SqFt - Heated (Primary): 1302
# Bedrooms: 3
Legal & Taxes
Tax Assessed Value: 437200
Deed Book: 6340
Deed Page: 961
Legal: Multiple Parcels
Broker Owner: Yes
PID: R06120-007-018-000
Tax Identifier: R06120-007-018-000
Plat Book: 0
Plat Page: 0
Special Assessments: None
Tax Year: 2025
Zoning: R-15
HOA: No
Cobra Zone: No
School District: New Hanover
Elementary School: Holly Tree
Middle School: Roland Grise
High School: Hoggard
Garage & Parking
Attached Garage Spaces: 2
Detached Garage Spaces: 4
Total # Garage Spaces: 6
Total Carport Spaces: 0
Parking Features
Additional Parking: 1
Concrete: 1
Construction
Wood Frame: 1
Exterior Finish
Brick: 1
Vinyl Siding: 1
Terms
Cash: 1
Conventional: 1
Fencing
Partial: 1
Foundation
Crawl Space: 1
Slab: 1
Patio and Porch Features
Porch: 1
Roof
Shingle: 1
Stories/Levels
Two: 1
Road Type/Frontage
Public (City/Cty/St): 1
Cooling
Central Air: 1
Heated SqFt
1200 - 1399: 1
Heating
Forced Air: 1
Heating System Fuel Source
See Remarks: 1
Utilities
Sewer Connected: 1
Water Connected: 1
Sewer
Municipal Sewer: 1
Water Source
Municipal Water: 1
Interior Features
None: 1
Dining Room Type
Combination: 1
Legal Taxes
Year Built: 2002
Property Features
Construction: Wood Frame
Exterior Finish: Brick; Vinyl Siding
Fencing: Partial
Foundation: Crawl Space; Slab
Parking Features: Additional Parking; Concrete
Patio and Porch Features: Porch
Roof: Shingle
Cooling: Central Air
Heating: Forced Air
Heating System Fuel Source: See Remarks
Utilities: Sewer Connected; Water Connected
Sewer: Municipal Sewer
Water Source: Municipal Water
Interior Features: None
Heated SqFt: 1200 - 1399
Dining Room Type: Combination
Terms: Cash; Conventional
Listing Office:
Cadence Realty Corporation
IDX
Last Updated: November - 19 - 2025
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