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1202 Chestnut Street Wilmington, NC $ 1,450,000
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$ 1,450,000 Get more info
1202 Chestnut Street
$ 1,450,000
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1202 Chestnut Street

Wilmington, NC, 28401
$ 1,450,000
Bedrooms3 Baths5.0 Sq 3,215

Monthly Estimate*

$ 9,155

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Multi-Family Home for sale in Wilmington, NC

for $1,450,000 with 3 bedrooms and 5 full baths. This 3,215 square foot home was built in 1931 on a lot size of 0.04.

Welcome to 1202 The Lofts, a beautifully reimagined 1931 mixed-use building in downtown Wilmington's emerging Soda Pop District. This full-scale renovation blends historic character with modern luxury, preserving original exposed brick, 12-foot ceilings, and oversized doors while introducing energy-efficient systems and high-end finishes, including spa-style porcelain-tile showers and premium fixtures. The property features two boutique one-bedroom apartments, two commercial office suites, and a separate studio apartment, offering a unique combination of residential and professional spaces. The street-facing office provides a large glass entrance and strong visibility, while the rear suite offers a quieter setting. The studio adds flexibility for short-term rental use. A distinctive opportunity for professionals, small businesses, or investors seeking historic charm, modern finishes, and a prime downtown location in one of Wilmington's most exciting revitalizing districts.

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Multi-Family Active

Price

$ 1,450,000

Bedrooms

3

Full Bath

5

Property Type

Multi-Family

Taxes

$ 2,417

Style

Quadruplex

Lot Size

0.04

Year Built

1931

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100601133
Features
Interior
Interior Amenities High Ceilings Wash/Dry Connect Walk-in Shower
Basement None
Flooring LVT/LVP Concrete
Water Heater Electric
Total Stories 2
Common Walls Party Wall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features Laundry Closet
Total Bedrooms 3
Total Baths 5
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General
Heating Electric Zoned
Cooling Multi Units
Utilities Sewer Connected Water Connected
Possession Close Of Escrow At Closing
Roof Shake Shingle
Appliances Electric Oven Built-In Microwave Refrigerator Dishwasher
Zoning UMX
Patio/Porch Features None
Construction Materials Brick Fiber Cement
Year Built 1931
View See Remarks
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Taxes 2417.56
Parcel Number R04818-014-001-000
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 Castle Dock
Garage Y/N N
Status Active
Directions Market St West towards town. Right on 12th Street to corner of 12th and Chestnut St. Property at corner.
High School New Hanover
City Wilmington
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 1742.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Snipes
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 Party Wall
Standard Status Active
Tax Assessed Value 410800
Legal Description W END 1 BLK 189
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Exterior
Exterior Finish Brick Fiber Cement
Fencing None
Parking Features On Street
Water Source Public
Total Parking 0.0
Lot Size Area 0.04
Foundation Details Slab
Spa N
Building Area Total 3215.0
Lot Dimensions 30x64x31x62
Lot Size Acres 0.04
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 1202
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* Excluded Features
List By
The Rising Tide Team

Listing Agent

Intracoastal Realty Corporation

Broker

single@intracoastalrealty.com

Email

Affordability Calculator

$9,357
Per Month
98%
2%
0%
Monthly Principal & Interest
$9,155
Monthly Property Taxes
$201
Monthly Home Insurance
--
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
4736780 Elementary School
4736089 Middle School
New Hanover High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/3/2026$1,450,000 Listed Price

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1202 Chestnut Street, Wilmington, NC, 28401 is a Multi-Family Home for sale at $1,450,000 with 3,215 sqft and a lot size of 0.04. 1202 Chestnut Street has 3 bedrooms, 5.0 baths, and was built in 1931. The property's zip code is 28401 which is in Wilmington, NC

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