1101 Emory Street Wilmington, NC $ 2,750,000
1101 Emory Street
$ 2,750,000
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1101 Emory Street

Wilmington, NC, 28405
$ 2,750,000
Baths0.0

Monthly Estimate*

$ 17,156

1101 Emory Street, Wilmington, NC 28405 - Image 1
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1101 Emory Street, Wilmington, NC 28405 - Image 12
Studio

Single Family Home for sale in Wilmington, NC

for $2,750,000. This home was built in 1971.

11-Home Portfolio | $270K+ Annual Income | Fully Occupied | Wilmington, NC. Turnkey investment opportunity with 11 fully occupied, low-maintenance single-family homes—all within 1 mile of each other. Tenants pay all utilities, and recent upgrades totaling over $200K (roofs, HVACs, windows, flooring, paint) mean minimal maintenance is needed moving forward. This portfolio brings in over $270,000/year in government-backed rent, with rent increases already set for October and pro forma income projected near $300K by 2026. Ideally located near the iconic Indochine restaurant, UNCW, and major job centers. Surrounded by new development and positioned near the planned Independence Blvd extension, this area is poised for continued growth—making this a strategic, cash-flowing opportunity in one of Wilmington's fastest-growing pockets. Rent roll and Section 8 docs available upon request.

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Single Family Active

Price

$ 2,750,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 0

Style

Single Family Residence

Year Built

1971

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100518138

Features
General
Living Area 0.0
Heating Electric Heat Pump
Cooling Central Air
Utilities Sewer Available Water Available
Possession Close Of Escrow At Closing
Roof Shingle
Zoning MF-M
Garage Spaces 0.0
Patio/Porch Features See Remarks
Pool Features See Remarks
Construction Materials Brick Veneer
Year Built 1971
Stories Count 1
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number R04812-001-005-000
County New Hanover
Operating Expense 0.0
New Construction N
Property Type Residential
In City Limits? (Y/N) Y
HOA N
Attached Garage N
Subdivision Name Creekwood
Garage Y/N N
Total Rooms 0
Full Baths 0
Status Active
Directions 23rd St to MLK Parkway to right on Kornegay thru traffic circle - road becomes Spaulding-right on E. Stewart Circle left on Emory St. 3rd house on right
High School New Hanover
City Wilmington
High School District New Hanover
Lot Size Square Feet 0.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Freeman
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Holly Shelter
Lease Considered Y/N N
Structure Type Wood Frame
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 0
Legal Description Lt 1 Blk J Creekwood North S/D
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Interior
Interior Amenities None
Fireplace Features None
Master Bed Level Primary Living Area
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Total Bedrooms 0
Room Type Dining Area
Total Baths 0
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Exterior
Exterior Finish Brick Veneer
Fencing None
Parking Features See Remarks
Total Parking 0.0
Foundation Details Combination Slab Crawl Space
Spa N
Building Area Total 0
Lot Dimensions 0
Lot Size Acres 0
Waterfront Y/N N
Road Frontage Type City Street State Road
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 1101
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* Excluded Features
List By
Adam Hashem

Listing Agent

East Atlantic Realty Llc

Broker

adam.hashem7@gmail.com

Email

Affordability Calculator

$17,156
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,156
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
4735832 Elementary School
4736983 Middle School
New Hanover High School High School
Pricing History
DatePricePrice ChangeDescription
7/9/2025$2,750,000 Listed Price

Map


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1101 Emory Street, Wilmington, NC, 28405 is a Single Family Home for sale at $2,750,000. 1101 Emory Street is a studio with 0.0 baths and was built in 1971. The property's zip code is 28405 which is in Wilmington, NC