1220 Queen Street Wilmington, NC $ 1,250,000
1220 Queen Street
$ 1,250,000
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1220 Queen Street

Wilmington, NC, 28401
$ 1,250,000
Bedrooms2 Baths1.0 Sq 882

Monthly Estimate*

$ 7,696

1220 Queen Street, Wilmington, NC 28401 - Image 1
1220 Queen Street, Wilmington, NC 28401 - Image 2
1220 Queen Street, Wilmington, NC 28401 - Image 3

Single Family Home for sale in Wilmington, NC

for $1,250,000 with 2 bedrooms and 1 full bath. This 882 square foot home was built in 1920 on a lot size of 0.08.

Five-property income portfolio in downtown Wilmington -- offered as a single transaction. All homes leased and currently producing $96,000 in annual gross rent. Seller has completed significant system upgrades across the portfolio in recent years: new roofs (4 of 5), new HVAC, new windows, new flooring. Concentrated in Wilmington's most active rental corridor -- walking distance to the Cargo District, Castle Street, and the Riverfront. Combined ~5,000 sq ft / 14 BR / 9 BA across five separate parcels. Est. cap rate ~6.9% at asking on current rents. Sold as-is.

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Single Family Active

Price

$ 1,250,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,150

Style

Single Family Residence

Lot Size

0.08

Year Built

1920

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100570339

Features
General
Living Area 882.0
Heating Other Electric Forced Air
Cooling Central Air
Utilities Water Connected
Possession Close Of Escrow At Closing
Roof Shingle
Zoning R-5
Patio/Porch Features Front Porch
Construction Materials Wood Frame
Year Built 1920
View See Remarks
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Taxes 1150.53
Parcel Number R05410-015-027-000
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 Dawson-Castle Street
Garage Y/N N
Total Rooms 4
Full Baths 1
Status Active
Directions Head towards Downtown Wilmington take Oleander Drive to Wooster Street. Take a right on S 13th St. Take a left on Queen
High School Hoggard
City Wilmington
High School District New Hanover
Lot Size Units Acres
Lot Size Square Feet 3311.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Forest Hills
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 Stick Built
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 195500
Legal Description BLK 70 PT EM 1/2 Wilmington
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Interior
Interior Amenities See Remarks61
Flooring Laminate Wood
Master Bed Level Primary Living Area
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Total Bedrooms 2
Entry Level 1
Room Type Master Bedroom Bedroom 2 Dining Area Living Room
Total Baths 1
Living Area Range 800 - 999
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Exterior
Exterior Finish See Remarks
Fencing Partial
Parking Features On Street
Water Source Public
Total Parking 0.0
Lot Size Area 0.08
Foundation Details Crawl Space
Spa N
Building Area Total 882
Lot Dimensions 33 x 100
Lot Size Acres 0.08
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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Internal Only
Street Number 1 1220
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* Excluded Features
List By
Benjamin T Eisenberg

Listing Agent

Re/Max Essential

Broker

Ben@BenEisenbergGroup.com

Email

Affordability Calculator

$7,792
Per Month
99%
1%
0%
Monthly Principal & Interest
$7,696
Monthly Property Taxes
$96
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.
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Nearby
4735561 Elementary School
4736089 Middle School
Hoggard High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2026$1,250,000 Listed Price

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1220 Queen Street, Wilmington, NC, 28401 is a Single Family Home for sale at $1,250,000 with 882 sqft and a lot size of 0.08. 1220 Queen Street has 2 bedrooms, 1.0 baths, and was built in 1920. The property's zip code is 28401 which is in Wilmington, NC