Rare opportunity to own a fully occupied income property in Wilmington's established Beasley Road corridor. This parcel includes a classic three-bedroom ranch home plus a legal second-floor garage apartment on the same lot -- ideal for the owner-occupant looking to offset their mortgage, the investor seeking immediate cash flow, or the house-hacker wanting flexibility.
The main home at 400 Beasley Road offers 1,314 square feet of single-story living with three bedrooms, two full baths, and a generous open living and dining layout. The primary bedroom suite features a private bath and walk-in closet. The kitchen opens to the dining room and the rear patio -- a classic, functional floor plan that works equally well for owner-occupancy or long-term rental.
Out back, 402 Beasley Road is a 535-square-foot carriage-style apartment above a garage. The second-floor unit features a private entrance, open living area, full bedroom, kitchen, and bath with walk-in closet. A large covered patio below and a deck off the upper level provide outdoor space for tenants. This is a legal dwelling unit with a separate address -- an asset that commands strong rental demand in the Wilmington market.
Note: a private access easement crosses this parcel per the recorded recombination plat, benefiting the adjacent retained parcel. See plat for alignment details. Sellers are Listing Agents and Licensed NC Real Estate Brokers
For sale
$465,000
400 Beasley Road, Wilmington, NC 28409
3beds
1,849sqft
Single Family Residence
Built in 1995
0.45 Acres Lot
$447,800 Zestimate®
$251/sqft
$-- HOA
What's special
- 31 days
- 163
- 6
Zillow last checked:
Listing updated:
Listed by:
Luke A Waddell 910-599-7081,
Cadence Realty Corporation,
Jarrod Covington 252-622-9699,
Cadence Realty Corporation
Source: Hive MLS,MLS#: 100593789
Originating MLS: Cape Fear Realtors MLS, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3
Primary bedroom
- Dimensions: 14 x 12
Bedroom 2
- Dimensions: 13 x 11
Bedroom 3
- Dimensions: 12 x 11
Dining room
- Dimensions: 13 x 9
Kitchen
- Dimensions: 13 x 9
Living room
- Dimensions: 18 x 17
Heating
- Electric, Forced Air
Cooling
- Central Air
Features
- See Remarks
- Has fireplace: No
Interior area
- Total structure area: 1,314
- Total interior livable area: 1,849 sqft
Property
Parking
- Total spaces: 1
- Parking features: Parking Pad
- Garage spaces: 1
Features
- Levels: Two
- Patio & porch: See Remarks
- Fencing: Partial,Wood
- Has view: Yes
- View description: None
- Frontage type: See Remarks
Lot
- Size: 0.45 Acres
Details
- Parcel number: R06120007018000
- Zoning: R-15
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1995
Utilities & green energy
- 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: $251/sqft
- Tax assessed value: $431,400
- Annual tax amount: $2,750
- Date on market: 8/4/2026
- Cumulative days on market: 31 days
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional,FHA
Estimated market value
$447,800
$425,000 - $470,000
$2,230/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Listed for sale | $465,000-83.4%$251/sqft |
Source: | ||
| 6/1/2026 | Listing removed | $2,800,000$1,514/sqft |
Source: | ||
| 6/12/2025 | Listed for sale | $2,800,000$1,514/sqft |
Source: | ||
| 3/26/2025 | Listing removed | $1,700$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/17/2025 | Price change | $1,700-5.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/11/2024 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/22/2024 | Listing removed | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/19/2024 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,573 -9.1% | $437,200 +34.4% |
| 2024 | $2,831 +3% | $325,400 |
| 2023 | $2,750 -0.6% | $325,400 |
| 2022 | $2,766 -6.5% | $325,400 |
| 2021 | $2,957 +19.4% | $325,400 +38.5% |
| 2020 | $2,476 | $235,000 |
| 2019 | $2,476 | $235,000 |
| 2018 | $2,476 | $235,000 |
| 2017 | $2,476 +12.5% | $235,000 +18.3% |
| 2016 | $2,200 +4.6% | $198,600 |
| 2015 | $2,103 +4.4% | $198,600 |
| 2014 | $2,014 | $198,600 |
| 2013 | -- | $198,600 |
| 2012 | -- | $198,600 -11.9% |
| 2011 | -- | $225,412 |
| 2010 | -- | $225,412 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $131,113 |
| 2004 | -- | $131,113 |
| 2003 | -- | $131,113 |
| 2002 | -- | $131,113 |
| 2001 | -- | $131,113 |
| 2000 | -- | $131,113 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Long Leaf Hills
Nearby schools
Schools provided by the listing agent
- Elementary: Holly Tree
- Middle: Roland Grise
- High: Hoggard
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




