MLS# 100513158 – 400 Beasley Road, Wilmington, NC 28409

$2,800,000 - 3Br/2Ba - for Sale in Not In Subdivision, Wilmington
Price: $2,800,000
Beds: 3
Baths: 2
Living Area SqFt: 1,302
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 4.36
Lot Size SqFt: 189,922
Year Built: 2002
Neighborhood: Not In Subdivision
Days on Website: 3

Courtesy of Jarrod Covington, Cadence Realty Corporation

Property Description

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.

Open House

Property Details and Features

  • Lot
  • 4.36 acres
  • 189,922 sqft lot
  • Lot Dimensions: irregular
  • Property Access
  • Road Type/Frontage: Public (City/Cty/St)
  • Bathrooms
  • 2 total bathrooms
  • 2 full bathrooms
  • Bedrooms
  • 3 bedrooms
  • Building
  • Heated SqFt Range: 1200 – 1399
  • 1,302 heated sqft
  • Built in 2002
  • 1 story
  • 5 rooms
  • Construction: Wood Frame
  • Porch/Balcony/Deck: Porch
  • Stories/Levels: Two
  • Cooling
  • Central Air
  • Dining Room
  • Dining Room Type: Combination
  • Exterior Features
  • Exterior Finish: Brick,Vinyl Siding
  • Fence
  • Partial
  • Fireplaces
  • None
  • Foundation
  • Crawl Space
  • Slab
  • Garage
  • 2 attached garage spaces
  • 4 detached garage spaces
  • 6 garage spaces
  • Heating
  • Forced Air
  • Interior Features
  • None
  • Listing
  • Listed on 2025-06-12
  • Construction Type: Stick Built
  • List Price/SqFt: $2,151
  • Terms: Cash,Conventional
  • Location
  • County: New Hanover
  • Zip Code: 28409
  • Latitude: 34.191033
  • Longitude: -77.873355
  • Subdivision: Not In Subdivision
  • City Limits: Yes
  • Parking
  • Additional Parking
  • Concrete
  • Possession
  • At Closing
  • Property
  • Zoning: R-15
  • Roof
  • Shingle
  • Schools
  • School District: New Hanover
  • Taxes
  • Tax Assessed Value: $437,200
  • City Tax Rate: 6340
  • Tax Year: 2025
  • Utilities
  • Sewer Connected
  • Water Connected

Property Map

$2,800,000 – 400 Beasley Road, Wilmington, NC 28409

Street View

Nearby Schools

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