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.
For sale
$2,800,000
400 Beasley Road, Wilmington, NC 28409
3beds
1,302sqft
Est.:
Single Family Residence
Built in 2002
4.36 Acres Lot
$-- Zestimate®
$2,151/sqft
$-- HOA
What's special
- 57 days
- on Zillow |
- 466 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: June 12, 2025 at 06:58am
Listed by:
Jarrod Covington 252-622-9699,
Cadence Realty Corporation,
Luke A Waddell 910-599-7081
Source: Hive MLS,MLS#: 100513158

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Features
- None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,302
- Total interior livable area: 1,302 sqft
Property
Parking
- Total spaces: 6
- Parking features: Additional Parking, Concrete
Features
- Levels: Two
- Stories: 1
- Patio & porch: Porch
- Fencing: Partial
Lot
- Size: 4.36 Acres
Details
- Parcel number: R06120007018000
- Zoning: R-15
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding, Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Municipal Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $2,151/sqft
- Tax assessed value: $437,200
- Annual tax amount: $2,831
- Date on market: 6/12/2025
- Listing terms: Cash,Conventional
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