INSTANT CASH FLOW OPPORTUNITY!
Income-producing property with a unique setup and strong rental history. The house has been split into a 2-bedroom, 1-bath unit and a studio with a single NP bathroom. Since the split, the property has generated over $3,000 per month in rental income.
Conveniently located in Wilmington, this property offers an excellent opportunity for investors, house hackers, or buyers looking for multiple income streams from one property. The flexible layout provides the potential for continued rental income while offering versatility for future use.
Please ask agent to review agent remarks for additional details regarding the property and rental setup.
Coming soon
$265,000
442 Cape Fear Boulevard, Wilmington, NC 28401
3beds
850sqft
Single Family Residence
Built in 1951
0.27 Acres Lot
$278,500 Zestimate®
$312/sqft
$-- HOA
What's special
- 4 days |
- 328 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Reese Coley 919-916-7271,
Wilkinson ERA Real Estate
Source: Hive MLS,MLS#: 100595407
Originating MLS: Rocky Mount Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Living Room
Primary bedroom
- Level: Main
- Dimensions: 13 x 12
Bedroom 2
- Level: Main
- Dimensions: 12 x 10
Bedroom 3
- Description: previous owners removed window
- Level: Main
- Dimensions: 12 x 11
Dining room
- Level: Main
- Dimensions: 9 x 11
Kitchen
- Dimensions: 9 x 11
Living room
- Dimensions: 16 x 12
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Laundry: Dryer Hookup, Laundry Closet, Laundry Room
Features
- Master Downstairs, Vaulted Ceiling(s), High Ceilings
- Flooring: LVT/LVP, Laminate
Interior area
- Total structure area: 850
- Total interior livable area: 850 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Additional Parking, Off Street, On Site
- Garage spaces: 2
Features
- Levels: One
- Patio & porch: Deck, Porch
- Exterior features: None
- Fencing: None
- Has view: Yes
- View description: None
- Frontage type: See Remarks
Lot
- Size: 0.27 Acres
Details
- Additional structures: Shed(s), Storage, Workshop
- Parcel number: R06018006010000
- Zoning: R-7
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Wood Frame
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: South Wilmington Place
HOA
- Has HOA: No
- Amenities included: Cable TV
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $312/sqft
- Tax assessed value: $249,000
- Annual tax amount: $1,465
- Date on market: 8/11/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Zestimate®
$278,500
Estimated sales range
$262,000 - $295,000
Rent Zestimate®
$1,776/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2025 | Listing removed | $1,799$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/23/2025 | Price change | $1,799-5.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/15/2025 | Price change | $1,900-5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/9/2025 | Listed for rent | $2,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/26/2025 | Listing removed | $2,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/20/2025 | Price change | $2,000-4.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/5/2025 | Listed for rent | $2,100+5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/14/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/29/2024 | Price change | $2,000-4.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/25/2024 | Listed for rent | $2,100$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/18/2024 | Listing removed | -- |
Source: | ||
| 11/30/2023 | Price change | $289,990-1.7%$341/sqft |
Source: | ||
| 11/8/2023 | Listed for sale | $295,000+27.2%$347/sqft |
Source: | ||
| 8/23/2023 | Sold | $232,000+5.5%$273/sqft |
Source: | ||
| 8/5/2023 | Pending sale | $220,000$259/sqft |
Source: | ||
| 8/3/2023 | Listed for sale | $220,000+2563.4%$259/sqft |
Source: | ||
| 3/27/2020 | Sold | $8,260-89.2%$10/sqft |
Source: Public Record Report a problem | ||
| 12/5/2018 | Sold | $76,600$90/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,465 +41.1% | $249,000 +108.5% |
| 2024 | $1,039 +4.4% | $119,400 +1.4% |
| 2023 | $995 -0.6% | $117,800 |
| 2022 | $1,001 -0.7% | $117,800 |
| 2021 | $1,008 +24.9% | $117,800 +53.8% |
| 2020 | $807 | $76,600 |
| 2019 | $807 | $76,600 |
| 2018 | $807 | $76,600 |
| 2017 | $807 -17.6% | $76,600 -13.3% |
| 2016 | $979 +4.6% | $88,400 |
| 2015 | $936 +4.4% | $88,400 |
| 2014 | $896 | $88,400 |
| 2013 | -- | $88,400 |
| 2012 | -- | $88,400 -9.3% |
| 2011 | -- | $97,511 |
| 2010 | -- | $97,511 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $64,555 |
| 2004 | -- | $64,555 |
| 2003 | -- | $64,555 |
| 2002 | -- | $64,555 |
| 2001 | -- | $64,555 |
| 2000 | -- | $64,555 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Sunset Park/Woodlawn
Nearby schools
GreatSchools rating
- 6/10Sunset Park ElementaryGrades: K-5Distance: 1.1 mi
- 6/10Williston MiddleGrades: 6-8Distance: 2.7 mi
- 3/10New Hanover HighGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Sunset
- Middle: Williston
- High: New Hanover
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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