5727&5731 Wrightsville Avenue
Wilmington, NC, 28403 $ 1,099,000
Bedrooms8 Baths6.0 Sq 3,624 Monthly Estimate*
$ 6,767
for $1,099,000 with 8 bedrooms and 6 full baths. This 3,624 square foot home was built in 2018 on a lot size of 0.69.
Exceptional multi-unit investment opportunity just 1.3 miles from UNCW and only 3 miles to Wrightsville Beach. This is a premier offering in one of Wilmington's most proven, high-demand rental corridors, an opportunity that is increasingly hard to find at this price point. Positioned on the corner of Wrightsville Ave and Andover Road, the property offers direct access to the Cross City Trail and easy bike or walking distance to UNCW, an ideal location that consistently attracts tenants and supports strong occupancy. Situated on a generous 0.69-acre parcel, the property features four units across two thoughtfully designed duplex-style cottages. Each building includes a 3 bed/2 bath residence in the front and a private 1 bed/1 bath unit in the rear, an efficient layout designed to maximize rental income while appealing to a wide tenant base. The 3-bedroom units offer high ceilings, an open-concept design, and a split-bedroom floor plan that provides both functionality and privacy, perfect for shared living arrangements. The 1-bedroom units are well-appointed with private entry porches, ample storage, and one includes a fully fenced backyard, adding even more tenant appeal. All units are equipped with washer and dryer, stainless steel appliances, and granite countertops, delivering a clean, modern finish that supports strong rental rates. Built in 2018 by SD Construction Group, the property was designed for long-term durability and ease of ownership, featuring vinyl siding, vinyl plank flooring throughout, and paved parking. A dedicated parking space for every bedroom is a major advantage, making the property highly functional and desirable for tenants. This is a true turnkey, income-producing asset, fully leased with a proven track record of little to no vacancy since entering the rental market. The combination of location, layout, and low-maintenance construction creates a reliable, high-performing investment. Whether you are a UNCW parent looking to offset ownership costs or an investor seeking a stable, cash-flowing 4-unit property in a prime Wilmington location, this opportunity checks all the boxes.
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FeaturesInteriorInterior Amenities High Ceilings Ceiling Fan(s) Blinds/Shades
Basement None
Flooring Vinyl
Furnished Y/N Unfurnished
Water Heater Electric
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Bedrooms 8
Attic Features See Remarks
Room Type Dining Area
Total Baths 6
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GeneralHeating Electric Forced Air
Cooling Central Air
Utilities Sewer Connected Water Connected
Roof Architectural Shingle
Appliances Refrigerator
Zoning R-15
Patio/Porch Features Patio
Pool Features None
Construction Materials Vinyl Siding Wood Frame
Year Built 2018
View See Remarks
Levels One
Property Subtype Quadruplex
Tax Year 2025
Taxes 6430
Parcel Number R05618-001-058-000
Waterfront Features None
Accessibility 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 Green Acres
Garage Y/N N
Status Active
Directions Wrightsville Avenue to Andover Road. Property is on the corner of Wrightsville and Andover.
High School Hoggard
City Wilmington
Open Parking Spaces 8
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 30056.0
Carport Spaces 0.0
Carport Y/N N
Green Building Verification Type None
Elementary School College Park
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Williston
Lease Considered Y/N N
Structure Type Wood Frame
Standard Status Active
Tax Assessed Value 1092800
Legal Description LOT 1 & 2 Green Acres Sec C
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ExteriorExterior Amenities None
Exterior Finish Vinyl Siding
Fencing Partial Back Yard None
Parking Features Shared Driveway Off Street On Site
Lot Features See Remarks Corner Lot
Water Source Public
Total Parking 0.0
Lot Size Area 0.69
Foundation Details Slab
Spa N
Building Area Total 3624
Lot Dimensions irregular
Lot Size Acres 0.69
Frontage Type See Remarks
Waterfront Y/N N
Road Frontage Type City Street State Road
Crops Included Y/N N
Horse Y/N N
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* Excluded FeaturesList ByRainey E WallaceListing Agent
Intracoastal Realty CorpBroker
rwallace@intracoastalrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,767
- Monthly Property Taxes
- $536
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Wilmington, NC
Average List Price $956,433
Percent of Sale Price 13%
About Wilmington, NC 122,120 Population
35% Since 2002
$ 47,464 Median Income
36.47 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
4737037 Elementary School
4736884 Middle School
Hoggard High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/14/2026 | $1,099,000 | | Listed Price |