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  • $265,000

    442 Cape Fear Boulevard, Wilmington, NC 28401

    3beds
    850sqft
    : 
    $1,527/mo
    Get pre-qualified
    Single Family Residence
    Built in 1951
    0.27 Acres Lot
    $278,500 Zestimate®
    $312/sqft
    $-- HOA

    What's special

    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.
    4 days
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    328
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    16
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    Zillow last checked:

    Listing updated:

    Listed by:

    Reese Coley 919-916-7271,

    Wilkinson ERA Real Estate

    Source: Hive MLS,MLS#: 100595407MLS LogoOriginating 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

        $278,500

        $262,000 - $295,000

        $1,776/mo

        Price history

        DateEventPrice
        9/25/2025Listing removed$1,799$2/sqft
        Source: Zillow Rentals Report a problem
        9/23/2025Price change$1,799-5.3%$2/sqft
        Source: Zillow Rentals Report a problem
        9/15/2025Price change$1,900-5%$2/sqft
        Source: Zillow Rentals Report a problem
        9/9/2025Listed for rent$2,000$2/sqft
        Source: Zillow Rentals Report a problem
        5/26/2025Listing removed$2,000$2/sqft
        Source: Zillow Rentals Report a problem
        5/20/2025Price change$2,000-4.8%$2/sqft
        Source: Zillow Rentals Report a problem
        5/5/2025Listed for rent$2,100+5%$2/sqft
        Source: Zillow Rentals Report a problem
        7/14/2024Listing removed--
        Source: Zillow Rentals Report a problem
        5/29/2024Price change$2,000-4.8%$2/sqft
        Source: Zillow Rentals Report a problem
        4/25/2024Listed for rent$2,100$2/sqft
        Source: Zillow Rentals Report a problem
        1/18/2024Listing removed--
        Source: Hive MLS #100415187 Report a problem
        11/30/2023Price change$289,990-1.7%$341/sqft
        Source: Hive MLS #100415187 Report a problem
        11/8/2023Listed for sale$295,000+27.2%$347/sqft
        Source: Hive MLS #100412150 Report a problem
        8/23/2023Sold$232,000+5.5%$273/sqft
        Source: Hive MLS #100397462 Report a problem
        8/5/2023Pending sale$220,000$259/sqft
        Source: Hive MLS #100397462 Report a problem
        8/3/2023Listed for sale$220,000+2563.4%$259/sqft
        Source: Hive MLS #100397462 Report a problem
        3/27/2020Sold$8,260-89.2%$10/sqft
        Source: Public Record Report a problem
        12/5/2018Sold$76,600$90/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Sunset Park/Woodlawn

        Getting around

        66 / 100
        Somewhat Walkable
        30 / 100
        Some Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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