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For sale
  • $2,750,000

    1101 Emory Street, Wilmington, NC 28405

    0beds
    0baths
    --sqft
    : 
    Single Family Residence
    Built in 1971
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    11-Home Portfolio | $270K+ Annual Income | Fully Occupied | Wilmington, NC. Turnkey investment opportunity with 11 fully occupied, low-maintenance single-family homes—all within 1 mile of each other. Tenants pay all utilities, and recent upgrades totaling over $200K (roofs, HVACs, windows, flooring, paint) mean minimal maintenance is needed moving forward. This portfolio brings in over $270,000/year in government-backed rent, with rent increases already set for October and pro forma income projected near $300K by 2026. Ideally located near the iconic Indochine restaurant, UNCW, and major job centers. Surrounded by new development and positioned near the planned Independence Blvd extension, this area is poised for continued growth—making this a strategic, cash-flowing opportunity in one of Wilmington's fastest-growing pockets. Rent roll and Section 8 docs available upon request.
    45 days
    on Zillow
    |
    185
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 09, 2025 at 11:45am

    Listed by:

    Adam Hashem 704-962-2077,

    East Atlantic Realty LLC

    Source: Hive MLS,MLS#: 100518138MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1101 Emory Street.

    Next available tour time:Today at 2:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air
    Features
    • None
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: See Remarks
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: See Remarks
    • Pool features: See Remarks
    • Fencing: None
    Details
    • Parcel number: R04812001005000
    • Zoning: MF-M

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer, Wood Frame
    • Foundation: Combination, Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1971

    Community & HOA

    Community
    • Subdivision: Creekwood
    HOA
    • Has HOA: No
    Location
    • Region: Wilmington

    Financial & listing details

    • Tax assessed value: $146,900
    • Annual tax amount: $1,278
    • Date on market: 7/9/2025
    • Listing terms: Commercial,Cash,Conventional
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