12 Nathan Street Wrightsville Beach, NC $ 2,060,000
12 Nathan Street
$ 2,060,000
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12 Nathan Street

Wrightsville Beach, NC, 28480
$ 2,060,000
Bedrooms8 Baths6.0 Sq 3,682

Monthly Estimate*

$ 12,852

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Multi-Family Home for sale in Wrightsville Beach, NC

for $2,060,000 with 8 bedrooms and 6 full baths. This 3,682 square foot home was built in 1941 on a lot size of 0.11.

Introducing one of the most unique investment offerings on Wrightsville Beach. Located just steps from the sand, 12 Nathan Street features six grandfathered rental units on a valuable 50x90 R2-zoned lot. The property includes: Four 1-bedroom units in the main house Two 2-bedroom units in a detached accessory dwelling unit (ADU) All six units are currently leased at strong rental rates, providing immediate cash flow. Detailed financials are available upon request. This is a unique opportunity to: Renovate and reposition the property as a high-yield short-term rental portfolio, capitalizing on Wrightsville Beach's thriving vacation market Or, for developers, redevelop the lot into a luxury duplex with potential ocean views to the east over Crystal Pier and west-facing views of Banks Channel Short-term rental projections available from MiraMar Vacation Rentals upon request. Opportunities of this scale and flexibility are seldom available in Wrightsville Beach—don't miss your chance to invest in one of North Carolina's most desirable beach communities.

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Multi-Family Active

Price

$ 2,060,000

Bedrooms

8

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.11

Year Built

1941

Town/City

Wrightsville Beach

County/Region

New Hanover

MLS | Web ID

100513730

Features
Interior
Interior Amenities Ceiling Fan(s)
Fireplace Features None
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Bedrooms 8
Total Baths 6
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General
Heating Propane Forced Air
Cooling Wall/Window Unit(s)
Roof Architectural Shingle
Zoning R2
Garage Spaces 0.0
Patio/Porch Features Deck Porch
Construction Materials Block Asbestos
Year Built 1941
View Sound Ocean
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Parcel Number R06319-004-010-000
Waterfront Features None
County New Hanover
Operating Expense 0.0
New Construction N
Property Type Residential Income
In City Limits? (Y/N) Y
HOA N
Attached Garage N
Subdivision Name Not In Subdivision
Garage Y/N N
Status Active
Directions Over Wrightsville Beach drawbridge stay right at fork into Causeway Drive cross over Banks Channel Bridge right onto Waynick and left on Nathan Street - house is on the right
High School Hoggard
City Wrightsville Beach
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 4792.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Wrightsville Beach
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Noble
Lease Considered Y/N N
Standard Status Active
Tax Assessed Value 113700
Legal Description LOT 17 MRS E I BEAR DIV
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Exterior
Exterior Finish Asbestos Block
Fencing None
Parking Features Gravel Aggregate
Total Parking 0.0
Lot Size Area 0.11
Foundation Details Block
Spa N
Building Area Total 3682
Lot Dimensions 95x50
Lot Size Acres 0.11
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 12
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* Excluded Features
List By
Ross Tomaselli

Listing Agent

Cadence Realty Corporation

Broker

ross@cadencerealty.com

Email

Affordability Calculator

$12,852
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,852
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4735992 Elementary School
4736933 Middle School
Hoggard High School High School
Pricing History
DatePricePrice ChangeDescription
11/24/2025$2,060,000 -17.43% Price Down
6/14/2025$2,495,000 Listed Price

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12 Nathan Street, Wrightsville Beach, NC, 28480 is a Multi-Family Home for sale at $2,060,000 with 3,682 sqft and a lot size of 0.11. 12 Nathan Street has 8 bedrooms, 6.0 baths, and was built in 1941. The property's zip code is 28480 which is in Wrightsville Beach, NC