400 Beasley Road, Wilmington, NC 28409 (MLS# 100513158)

400 Beasley Road, Wilmington, NC 28409

New Listing
$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: 6/12/2025

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

Contract Info

Sub-Type: Single Family Residence Construction Type: Stick Built Status: Active Delayed Marketing?: No Marketing Start Date: 2025-06-12 Listing Price: 2800000 Current Price: $2,800,000 List Price/SqFt: 2150.54 Stipulation of Sale: Standard

Location Information

Street #: 400 Street Name: Beasley Street Suffix: Road County: New Hanover State/Province: NC Zip Code: 28409 City Limits: Yes Marketing City: Wilmington Subdivision: Not In Subdivision Secondary Subdivision: N/A Geo Lat: 34.191033 Geo Lon: -77.873355

Remarks and Showing

Directions to Property: Pine Grove to Beasley Rd on right Sign on Property: No

Property Exterior Info

New Construction: No Lot Acres: 4.36 Lot SqFt: 189922 Lot Dimensions: irregular Waterfront: No Location Type: Mainland

Property Interior Info

SqFt - Heated (Primary): 1302 Total SqFt - Heated (Primary + Separate): 1302 # Rooms: 5 # Baths - Full: 2 # Baths - Total: 2 # Bedrooms: 3 Master Bedroom Level: Primary Living Area Stories: 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 Fireplace: None Interior Features: None Heated SqFt: 1200 - 1399 Dining Room Type: Combination Terms: Cash; Conventional
Listing Office: Cadence Realty Corporation
Last Updated: June - 12 - 2025
400 Beasley Road, Wilmington, NC 28409- MLS# 100513158
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