621 N 11th Street, Wilmington, NC 28401

$2,900,000
Property Type: Comm Sale or Lease Square Footage: 836 Lot Size (sq. ft.): 4,356 Status: Active
Current Price: $2,900,000 List Date: 10/17/2025 Last Modified: 11/14/2025

Description

Investment opportunity featuring a 13-door portfolio comprised of 7 single-family homes, and 3 duplexes. Several properties offer consistent rental assistance. This portfolio is income producing with significant upside potential. Many recent upgrades/repairs add long-term value and reduce future maintenance costs. A well-diversified package ideal for investors seeking stability and growth. Call for additional information.

More Information MLS# 100536672

Building/Ext Features

Lot Acres: 0.1 Lot SqFt: 4356 Lot Dimensions: 61x68x61x67 Location Type: Mainland

Contract Info

Delayed Marketing?: No Garage: N/A Sale/Lease: Sale List Price/SqFt: 3468.9 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2025-10-17 Listing Price: 2900000 Current Price: $2,900,000

Location Information

City Limits: Yes Marketing City: Wilmington Secondary Subdivision: N/A Street #: 621 Pre Direction: N Street Name: 11th Street Suffix: Street County: New Hanover State/Province: NC Zip Code: 28401 Subdivision: Not In Subdivision Geo Lat: 34.243502 Geo Lon: -77.935928

Remarks and Showing

Sign on Property: No Directions to Property: From Market Street turn right onto 23rd St. Turn eft onto Princess Place. Turn right onto N 11th St. Continue on King St. Home is on the corner of King and Wynnwood St.

Building Info

New Construction: No

Legal and Taxes

Tax Assessed Value: 255500 Deed Book: 6749 Deed Page: 34 Legal: Pt Lots 1-2 Blk 256 Wilm Broker Owner: No PID: R04814-010-018-000 Tax Identifier: R04814-010-018-000 Plat Book: 0 Plat Page: 0 Special Assessments: None Tax Year: 2025 Zoning: R-3 Cobra Zone: No Year Built: 1930

Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Sale/Lease Includes

Buildings: 1 See Remarks: 1

Heating System Fuel Source

See Remarks: 1

BuildingExt Features

SqFt - Heated (Primary): 836

Property Features

Heating System Fuel Source: See Remarks Terms: 1031 Exchange; Cash; Conventional
Listing Office: Coldwell Banker Sea Coast Advantage
IDX
Last Updated: November - 14 - 2025
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