2821 Penn Street Wilmington, NC $ 315,000
2821 Penn Street
$ 315,000
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2821 Penn Street

Wilmington, NC, 28412
$ 315,000
Bedrooms4 Baths2.0 Sq 1,392

Monthly Estimate*

$ 1,989

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Townhouse for sale in Wilmington, NC

for $315,000 with 4 bedrooms and 2 full baths. This 1,392 square foot townhouse was built in 1942 on a lot size of 0.23.

Introducing 2821 & 2823 Penn Street, a beautifully updated duplex located in one of Wilmington's desirable Penn Street corridors. Thoughtfully improved with a brand-new roof, luxury vinyl plank flooring throughout, and a fully fenced backyard, this property combines timeless character with modern, low-maintenance living. Perfect for investors or owner-occupants, each unit features bright, functional living spaces, separate utilities, and durable finishes that make ownership simple and efficient. The private fenced backyard enhances the property's appeal for tenants, while the new roof offers added value and peace of mind for years to come. Situated in a quiet, established neighborhood with no HOA, this duplex offers excellent rental potential and easy management. Its prime location places you just minutes from Downtown Wilmington's Riverwalk, restaurants, shopping, entertainment, and major transportation routes, making it highly attractive to both tenants and homeowners alike. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, 2821 & 2823 Penn Street present an exceptional opportunity. Move-in ready, thoughtfully updated, and ideally located, this is a property that truly checks all the boxes. Schedule your private showing today and discover the potential this outstanding duplex has to offer.

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Townhouse Active

Price

$ 315,000

Bedrooms

4

Full Bath

2

Property Type

Townhouse

Taxes

$ 0

Style

Townhouse

Lot Size

0.23

Year Built

1942

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100587875

Features
General
Living Area 1392.0
Heating Electric Heat Pump
Cooling Central Air
Utilities Cable Available Sewer Connected Water Connected
Possession Close Of Escrow At Closing
Roof Architectural Shingle
Zoning R5
Patio/Porch Features Porch
Construction Materials Vinyl Siding Wood Frame
Year Built 1942
View See Remarks
Levels One
Property Subtype Townhouse
Parcel Number R06506012005000
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 Belmont
Garage Y/N N
Total Rooms 10
Full Baths 2
Status Active
Directions Carolina Beach Rd/US-421 S → Right on Marion Dr → Left on Rutledge Dr → Left on Penn St. Property is on the left.
High School New Hanover
City Wilmington
High School District New Hanover
Lot Size Units Acres
Lot Size Square Feet 9980.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Sunset
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Williston
Ok to Lease Month To Month
Lease Considered Y/N N
Structure Type Duplex Wood Frame Stick Built
Living Area Units Square Feet
Standard Status Active
Legal Description SECT 4 BELMONT LOT 133
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Interior
Interior Amenities None
Flooring LVT/LVP
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 4
Entry Level 1
Room Type Living Room Dining Area Bedroom 1 Bedroom 2 Laundry
Total Baths 2
Living Area Range 1200 - 1399
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Exterior
Exterior Finish Vinyl Siding
Fencing Back Yard
Parking Features Off Street Paved
Water Source Public
Total Parking 0.0
Lot Size Area 0.23
Foundation Details Crawl Space
Spa N
Building Area Total 1392.0
Lot Dimensions 70x142
Lot Size Acres 0.23
Road Surface Type Paved
Frontage Type See Remarks
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 2821
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* Excluded Features
List By
Shelly W Wagner

Listing Agent

Wicker Properties Of The Carolinas, Inc.

Broker

swagner@wickerproperties.com

Email

Affordability Calculator

$1,989
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Monthly Principal & Interest
$1,989
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Default based on a 30-year fixed rate of 6.49% 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
4736179 Elementary School
4736089 Middle School
New Hanover High School High School
Pricing History
DatePricePrice ChangeDescription
7/10/2026$315,000 Listed Price

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2821 Penn Street, Wilmington, NC, 28412 is a Townhouse for sale at $315,000 with 1,392 sqft and a lot size of 0.23. 2821 Penn Street has 4 bedrooms, 2.0 baths, and was built in 1942. The property's zip code is 28412 which is in Wilmington, NC