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Wilmington Multi-Family Real Estate

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Browse All Wilmington NC Multi-Family Properties for Sale

$2,599,000
11 Beds 7 Baths 100598546 MLS
Wilmington 5-Property Investment Portfolio Unique opportunity to acquire a five-property real estate portfolio consisting of three residential properties and two commercially zoned vacant lots located throughout Wilmington, all offered together as one package. The portfolio includes: 4615 Masonboro Loop Rd - Residential property featuring a 3-bedroom, 2-bath main residence with approximately 1,205 heated square feet, along with a detached accessory dwelling unit (ADU) of approximately 750 square feet. The property sits on approximately 0.34 acres and offers two separate residential living spaces on one parcel. 101 N Channel Haven Dr - 3-bedroom, 2-bath single-family residence offering approximately 1,827 heated square feet on a 0.37-acre lot. This single-story brick home is situated on a corner lot and includes a sunroom and established residential setting. 720 Nun St - 4-bedroom, 2.5-bath single-family residence offering approximately 1,792 heated square feet on approximately 0.09 acres. Located near downtown Wilmington, the property provides a residential investment opportunity in an established and centrally located area. 1024 S College Rd - Approximately 0.18-acre vacant commercial parcel zoned Community Business (CB) with approximately 50 feet of frontage along S College Road. The property offers exposure along a major Wilmington commercial corridor, with water and sewer available and preliminary development plans available. 2501 Wrightsville Ave - Approximately 0.77-acre vacant commercial parcel zoned Community Services (CS). Positioned along the Wrightsville Avenue corridor, the property offers commercial development potential in a well-established area of Wilmington. The offering encompasses five separate parcels totaling three primary residences, four residential dwelling units including the detached ADU, and two vacant commercial development sites. The properties are located at separate locations throughout Wilmington and are being marketed collectively as a single investment portfolio, providing a combination of existing residential assets and future commercial development opportunities. List price reflects the entire five-property package. Each property is also individually offered for sale under its own separate MLS listing. Contact listing agent for individual MLS information, property details, rental information, and additional portfolio documentation.

4615 Masonboro Loop Rd, Wilmington

$949,900
3 Beds 3 Baths 100596128 MLS
Wilmington Property With 3 Separate Living Spaces | Greenfield Lake Location & Established Rental Income Opportunity meets flexibility at 1988 West Lake Shore Drive, a distinctive Wilmington property directly across from Greenfield Lake and approximately 220 yards from Greenfield Lake Amphitheater. The property includes three separate spaces: a 3-bedroom, 3-bath main residence, a 2-bedroom, 2-bath Lake House, and an additional detached cottage-style structure currently used as the Lake Cottage. The main residence features hardwood floors, fiber cement siding, generator setup, classic architectural character, and beautifully landscaped grounds. Outdoor features include an outdoor kitchen, enclosed exterior bathroom, tranquil fountain, 23 blueberry bushes, and an above-ground pool. The Lake House has been thoughtfully renovated and currently operates as an established Airbnb short-term rental. It has earned Guest Favorite status with a 4.96-star rating across 332 reviews. The Lake Cottage has also earned Airbnb Guest Favorite status, with a 4.93-star rating across 123 reviews. Together, the Lake House and Lake Cottage generated more than $51,000 in gross income during 2025, providing buyers with an established rental history to evaluate. The separate spaces create flexibility for owner occupancy with additional rental income, short-term rental use, extended stays, or other permitted uses. Located near downtown Wilmington with Greenfield Lake directly across the street and Greenfield Lake Amphitheater approximately 220 yards away, 1988 West Lake Shore Drive combines multiple living spaces, established short-term rental performance, outdoor amenities, classic architectural character, and income potential in a highly distinctive Wilmington setting. Important: The above-ground pool and Lake Cottage were not permitted.

1988 W Lake Shore Dr, Wilmington

$524,999
4 Beds 4 Baths 100587984 MLS
Discover a rare opportunity to own a versatile property on an approximately half-acre lot with no HOA, offering the perfect blend of comfortable living, flexible space, and outstanding income potential. The main residence features 3 bedrooms, a dedicated office, 2 full bathrooms, and an attached 1-car garage. Recent updates include a new roof (2024) and a tankless water heater. The spacious primary suite is complemented by a stunning addition featuring soaring wood-lined ceilings, a private shower, and its own half bath, creating the perfect retreat. The expansive kitchen offers abundant counter space, custom cabinetry, and an oversized walk-in pantry, while the dining area flows seamlessly into the living room beneath impressive vaulted ceilings. Step outside to enjoy the fenced patio complete with a fire pit--an ideal setting for entertaining family and friends. Adding even more value is the fully equipped 1-bedroom, 1-bath accessory dwelling unit (ADU) with its own attached 1-car garage. Whether you're looking for an in-law suite, private guest accommodations, a home office, or a rental opportunity, this separate living space provides exceptional flexibility and the potential for supplemental income. The property also includes a large detached wooden workshop that's perfect as a man cave, she shed, hobby space, or studio, along with an additional storage shed for even more functionality. Ideally located on Pine Grove Drive, you'll enjoy quick access to some of Wilmington's most popular destinations, including Long Leaf Park, The Veggie Wagon, Wrightsville Beach, and the new Target, all just minutes away. Shopping, dining, recreation, and everyday conveniences are right at your fingertips. With its spacious homesite, no HOA, detached ADU, and highly desirable central location, this one-of-a-kind property offers a rare combination of lifestyle, flexibility, and investment potential.

1107 Pine Grove Dr, Wilmington

$1,415,000
12 Beds 8 Baths 100585367 MLS
Multi-family investment opportunity available in Wilmington's Midtown area. Built in 2022, this property consists of two duplex-style buildings, totaling four condominium units, with renters currently in place. Each two-story unit offers 1,501 square feet of thoughtfully designed living space, along with a 473 square foot two-car garage. Every unit features three bedrooms, including a spacious primary suite with vaulted ceilings and a spa-inspired bathroom. The additional bedrooms provide comfortable living space, abundant natural light, stylish finishes, and generously sized closets. The second floor includes a full-size laundry area and ample storage throughout. The main living level features an open-concept design, with natural light flowing through the large living room into the dining area and modern kitchen. Each unit also offers access to a covered front porch or patio, providing additional outdoor living space. Each home includes all appliances and features custom design selections with upgraded finishes throughout, including wood cabinetry and granite countertops. Conveniently located near the river, downtown Wilmington, area beaches, entertainment venues, museums, art districts, restaurants, shopping, and more, this property presents an excellent investment opportunity. With renters already in place and continued demand for housing, this development offers strong potential for steady rental income and long-term investment value.

2852 Worth Dr, Wilmington

$649,900
8 Beds 4 Baths 100578967 MLS
Rare opportunity! This is 1 of 8 Duplexes in downtown Wilmington next to a new home development in Love Grove for sale. The 8 unit duplex package can be broken up or sold in smaller or one big package. Each Duplex is listed for 650k with the ability to buy individually or all together. You can really see the time and effort the developer/builder/owner put into making and creating this perfect portfolio compound of major cash flow! If buying only 1 duplex you will have 2 units that each side has 4 bedrooms 2 full bathrooms, fenced in backyard on each side and private driveway on each side. If you get all 8 Duplexes which breaks down to be 16, 4 bedroom 2 bath units with 1,548 Sqft per unit for a total of 24,768 sqft, 64 bedrooms, 32 bathrooms. All 8 duplexes are side by side and all in a row on the same street. Each duplex is on its own parcel. Every unit has their own driveway and fenced in backyard. There is also a storage unit in the back of every unit. Granite counter tops, stainless steel appliances water proof flooring and so many great features. Floor plans reads 1 bedroom down stairs and 3 upstairs. Floor plans and specs are attached to the mls or can be provided upon request. We have left some vacant and some occupied to help give a variety to all types of buyers/investors. They can be rented easily. Every lease is government backed and guaranteed through Sec8 program. Each tenant had to meet criteria of no previous evictions, no felonies, strong reference from past landlords and wanted to stay at the property for many years after initial lease period. They do not have to be sec8 if not wanted. Currently total rental income a month PER DUPLEX is 5300 a month for one duplex or 43,200 for all 8 duplexes per MONTH. This opportunity gives you the chance to own 1-8 almost new multifamily properties in a fantastic area in one of the fastest growing cities in the country with an even better return. Easy to manage, fully occupied if wanted and like new! Reach out for a private tour or for more information

1411 Corbett St Unit A&B, Wilmington

$649,900
8 Beds 4 Baths 100577979 MLS
Rare opportunity! This is 1 of 8 Duplexes in downtown Wilmington next to a new home development in Love Grove for sale. The 8 individual duplex package can be broken up or sold individually or one big package. Each Duplex is listed for 649,900k with the ability to buy individually or all together. You can really see the time and effort the developer/builder/owner put into making and creating this perfect portfolio compound of major cash flow! If buying only 1 duplex you will have 2 units that each side has 4 bedrooms 2 full bathrooms, fenced in backyard on each side and private driveway on each side. If you get all 8 Duplexes which breaks down to be 16, 4 bedroom 2 bath units with 1,548 Sqft per unit for a total of 24,768 sqft, 64 bedrooms, 32 bathrooms. All 8 duplexes are side by side and all in a row on the same street. Each duplex is on its own parcel. Every unit has their own driveway and fenced in backyard. There is also a storage unit in the back of every unit. Granite counter tops, stainless steel appliances water proof flooring and so many great features. Floor plans reads 1 bedroom down stairs and 3 upstairs. Floor plans and specs are attached to the mls or can be provided upon request. We have left some vacant and some occupied to help give a variety to all types of buyers/investors. They can be rented easily. Every lease is government backed and guaranteed through Sec8 program. Each tenant had to meet criteria of no previous evictions, no felonies, strong reference from past landlords and wanted to stay at the property for many years after initial lease period. They do not have to be sec8 if not wanted. Currently total rental income a month PER DUPLEX is 5300 a month for one duplex or 43,200 for all 8 duplexes per MONTH. This opportunity gives you the chance to own 1-8 almost new multifamily properties in a fantastic area in one of the fastest growing cities in the country with an even better return. Easy to manage, fully occupied if wanted and like new! Reach out for a private tour or for more information

1415 Corbett St Unit A&B, Wilmington

$649,900
8 Beds 4 Baths 100577978 MLS
Rare opportunity! This is 1 of 8 Duplexes in downtown Wilmington next to a new home development in Love Grove for sale. The 8 individual duplex package can be broken up or sold individually or one big package. Each Duplex is listed for 649,900k with the ability to buy individually or all together. You can really see the time and effort the developer/builder/owner put into making and creating this perfect portfolio compound of major cash flow! If buying only 1 duplex you will have 2 units that each side has 4 bedrooms 2 full bathrooms, fenced in backyard on each side and private driveway on each side. If you get all 8 Duplexes which breaks down to be 16, 4 bedroom 2 bath units with 1,548 Sqft per unit for a total of 24,768 sqft, 64 bedrooms, 32 bathrooms. All 8 duplexes are side by side and all in a row on the same street. Each duplex is on its own parcel. Every unit has their own driveway and fenced in backyard. There is also a storage unit in the back of every unit. Granite counter tops, stainless steel appliances water proof flooring and so many great features. Floor plans reads 1 bedroom down stairs and 3 upstairs. Floor plans and specs are attached to the mls or can be provided upon request. We have left some vacant and some occupied to help give a variety to all types of buyers/investors. They can be rented easily. Every lease is government backed and guaranteed through Sec8 program. Each tenant had to meet criteria of no previous evictions, no felonies, strong reference from past landlords and wanted to stay at the property for many years after initial lease period. They do not have to be sec8 if not wanted. Currently total rental income a month PER DUPLEX is 5300 a month for one duplex or 43,200 for all 8 duplexes per MONTH. This opportunity gives you the chance to own 1-8 almost new multifamily properties in a fantastic area in one of the fastest growing cities in the country with an even better return. Easy to manage, fully occupied if wanted and like new! Reach out for a private tour or for more information

1501 Stanley St Unit A&B, Wilmington

$649,900
8 Beds 4 Baths 100577977 MLS
Rare opportunity! This is 1 of 8 Duplexes in downtown Wilmington next to a new home development in Love Grove for sale. The 8 individual duplex package can be broken up or sold individually or one big package. Each Duplex is listed for 649,900k with the ability to buy individually or all together. You can really see the time and effort the developer/builder/owner put into making and creating this perfect portfolio compound of major cash flow! If buying only 1 duplex you will have 2 units that each side has 4 bedrooms 2 full bathrooms, fenced in backyard on each side and private driveway on each side. If you get all 8 Duplexes which breaks down to be 16, 4 bedroom 2 bath units with 1,548 Sqft per unit for a total of 24,768 sqft, 64 bedrooms, 32 bathrooms. All 8 duplexes are side by side and all in a row on the same street. Each duplex is on its own parcel. Every unit has their own driveway and fenced in backyard. There is also a storage unit in the back of every unit. Granite counter tops, stainless steel appliances water proof flooring and so many great features. Floor plans reads 1 bedroom down stairs and 3 upstairs. Floor plans and specs are attached to the mls or can be provided upon request. We have left some vacant and some occupied to help give a variety to all types of buyers/investors. They can be rented easily. Every lease is government backed and guaranteed through Sec8 program. Each tenant had to meet criteria of no previous evictions, no felonies, strong reference from past landlords and wanted to stay at the property for many years after initial lease period. They do not have to be sec8 if not wanted. Currently total rental income a month PER DUPLEX is 5300 a month for one duplex or 43,200 for all 8 duplexes per MONTH. This opportunity gives you the chance to own 1-8 almost new multifamily properties in a fantastic area in one of the fastest growing cities in the country with an even better return. Easy to manage, fully occupied if wanted and like new! Reach out for a private tour or for more information

1409 Corbett St Unit A&B, Wilmington

$699,000
5 Beds 4 Baths 100577493 MLS
**Buyer incentive available! When using the preferred lender, qualified buyers may receive a lender-paid 1-0 temporary interest rate buydown, subject to loan approval, program eligibility, and lender terms.** Welcome to 322 Lance Drive where space, flexibility, and location come together in a way that's hard to find. This 5-bedroom, 3.5-bath, three-story home is tucked into a quiet, wooded setting just minutes from Mayfaire and neighboring the highly sought-after Landfall area, offering a rare blend of privacy and convenience. The location continues to impress with its proximity to the future Avenue development, Wilmington's first true live-work-play destination. As this transformative project takes shape, it's expected to elevate the surrounding area and enhance long-term value. With plans for nearby improvements, including the eventual removal of the Westwood trailers, the setting is only becoming more attractive over time. Adding to its appeal, the home is offered with a home warranty and an option for an assumable VA loan at an incredible 2.25% interest rate. Inside, the home is filled with natural light and thoughtful details throughout; hardwood floors, plantation shutters, and custom millwork create a warm, elevated feel. The kitchen is designed to function as the heart of the home, featuring granite countertops, stainless steel appliances, a breakfast bar, walk-in pantry, and built-in seating, ideal for both everyday living and entertaining. A full reverse osmosis system provides clean, purified water throughout. The main living area is anchored by a fireplace with a striking mantel, while a tucked-away office just off the living room offers a quiet, private workspace when needed. The primary suite is conveniently located on the main level, complete with a spacious walk-in closet and dual vanity bath. Upstairs, you'll find three additional bedrooms and a well-appointed full bath with double vanities. One bedroom features a charming bonus ''kid cave'' play nook, while another is currently set up as a craft room but easily functions as a traditional bedroom. Ample storage continues with two walk-in attic spaces, adding practicality without sacrificing charm. The lower level offers incredible versatility, complete with its own kitchen, private entrance, laundry room, bedroom, full bath and separate living space; ideal for guests, extended family, or potential income-producing use. Outdoor living is just as inviting, with a generous 22x16 covered porch perfect for relaxing or entertaining. An attached garage plus a detached two-car garage provide plenty of room for vehicles, storage, and hobbies alike. This is a home that adapts to the way you live--today and into the future--while positioning you in one of Wilmington's most exciting and evolving areas.

322 Lance Dr, Wilmington

$845,000
6 Beds 4 Baths 100564082 MLS
A rare opportunity to own a 2-unit building WALKIG DISTANCE to Live Oak amphitheater & all the best downtown attractions. The property next door at 810 N 5th just SOLD for $1,042,000....808 N 5th has same number of bedrooms & bathrooms. 808 N 5th also has much more off-street parking, big backyard & Unit # 1 is already fully furnished! Yet, we are priced significantly lower than the sale price for property next door! Great 1031 opportunity! Huge cash flow opportunities. Many options: Live in one unit & Airbnb one. Or rent both. Many beautiful renovations were just completed at 808 N 5th including: A completely NEW KITCHEN with HUGH QUARTZ ISLAND, new cabinets, backsplash, pendant lighting, new appliances, all freshly refinished hardwood floors, new bathrooms with new vanities, lighting, fixtures , floors, & many more renovations. Unit #1 is fully furnished! It's a ''TURKEY AIRBNB'' ready to go. It's nicely furnished & has everything you need. Easy to show... Come see all the new renovation... OUTSTANDING LOCATION in the Brooklyn Arts District, walking distance to all great downtown amenities: restaurants, concert venues, Riverwalk, Cape Fear Community College, parks marinas, breweries , the social district, etc... Built in the early 2000s these units have all the modern features that newer properties offer like open floor plans & suites w/ baths. Unlike many other downtown homes that are over 100 years old, & have many ''old house'' problems, this one was built in the 2000s to modern building codes & standards. VERY LOW MAINTENANCE 2-unit property. Each unit has 3 bedrooms & 2 baths. Some highlights include new kitchen, quartz countertops, new vanities, refinished hardwoods, new lighting, tons of off-street parking, a giant Charleston-Style Porch, suites w/ baths/ walk-in closets, tons of off-street parking, hardwood & LVP flooring, no carpet, full laundry room, an opportunity to build a detached garage, an amazing porch that looks down beautiful tree-lined 5th Ave & a big backyard! This property was designed & built as a modern 2-unit building. This is NOT like many other homes downtown that were single-family homes, an ''cut-up / converted'' into 2 awkward units. This was built as a 2-unit building. As mentioned, the home next door sold for $1,042,000. Many options are available with this 2-unit building. Unit #1 fully ready to go Airbnb! A similar, actively managed Airbnb single unit on the street grossed over $48,000 in a prior year! Just for one unit. Current owner had a medium-term rental in Unit #1 for $3500 per month before all the recent renovations. So, it has even more potential now! Unit #2 has active cash flow. It has a great tenant that can stay, or go after couple months. There is great options & flexibility here! Live in one unit & rent one; use one unit for Airbnb and rent Unit 2 long-term; or rent both for short / medium term. Rare opportunity to own a modern 2-unit building downtown in one of the best locations... Walking distance to everything.... This one won't last long...Come see today while we are keeping the furnished unit vacant for serval weeks for showings....Very easy to show....Call for more details & info.

808 N 5th Ave, Wilmington

$725,000
8 Beds 4 Baths 100545578 MLS
Rare opportunity! This is 1 of 8 Duplexes in downtown Wilmington next to a new home development in Love Grove for sale. The 8 unit duplex package can be broken up or sold in smaller or one big package. You can really see the time and effort the developer/builder/owner put into making and creating this perfect portfolio compound of major cash flow! 8 Duplexes which breaks down to be 16, 4 bedroom 2 bath units with 1,548 Sqft per unit for a total of 24,768 sqft, 64 bedrooms, 32 bathrooms. All 8 duplexes are side by side and all in a row on the same street. Each duplex is on its own parcel. Every unit has their own driveway and fenced in backyard. There is also a storage unit in the back of every unit. Granite counter tops, stainless steel appliances water proof flooring and so many great features. Floor plans reads 1 bedroom down stairs and 3 upstairs. Floor plans and specs are attached to the mls or can be provided upon request. Each tenant has been handpicked by the owner with long history and track records. Every lease is government backed and guaranteed though Sec8 program. Each tenant had to meet criteria of no previous evictions, no felonies, strong reference from past landlords and wanted to stay at the property for many years after initial lease period. They do not have to be sec8 if not wanted. Currently total rental income a month is about 40k a month or 480k a year! This opportunity gives you the chance to own 8 almost new multifamily properties in a fantastic area in one of the fastest growing cities in the country with a even better return. Easy to manage, fully occupied and like new! Reach out for a private tour or for more information

1308 Corbett St Unit A&B, Wilmington

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