1421 -1425 Wellington Avenue Wilmington, NC ^$ 1,065,000

1421 -1425 Wellington Avenue

^$ 1,065,000

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1421 -1425 Wellington Avenue

Wilmington, NC, 28401

^$ 1,065,000

Bedrooms9 Baths4.0 Sq 3,542

Monthly Estimate*

^$ 6,557

1421 -1425 Wellington Avenue, Wilmington, NC 28401 - Image 1

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1421 -1425 Wellington Avenue, Wilmington, NC 28401 - Image 8

1421 -1425 Wellington Avenue, Wilmington, NC 28401 - Image 9

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Multi-Family Home for sale in Wilmington, NC

for $1,065,000 with 9 bedrooms and 4 full baths. This 3,542 square foot home was built in 1974 on a lot size of 0.3.

Turnkey 4-unit investment opportunity featuring two duplexes on adjacent lots (sold together). Rare ''quad'' setup ideal for investors seeking immediate cash flow and portfolio expansion. Unit mix includes: one 3BR/2BA, one 2BR/2BA, one 2BR/1BA, and one 3BR/3BA. Property offers off-street parking and garage. Located on a corner lot with O&I zoning, providing flexibility for continued residential use or potential conversion to other permitted uses (buyer to verify). Currently fully income-producing. Conveniently situated near hospital, shopping, businesses, and beaches--strong rental demand area. Great opportunity for investors looking for stable income with upside potential.

Multi-Family Active

Price

^$ 1,065,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,101

Style

Quadruplex

Lot Size

0.3

Year Built

1974

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100564998

Features

Interior

Interior Amenities See Remarks61

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

Laundry Features Dryer Hookup Washer Hookup

Total Bedrooms 9

Attic Features Access Only

Total Baths 4

General

Heating Electric Forced Air

Cooling Central Air

Utilities Electricity Connected Sewer Connected Water Connected

Roof Shingle

Zoning O&I

Patio/Porch Features None

Construction Materials Brick Veneer Vinyl Siding Wood Frame

Year Built 1974

View See Remarks

Levels One

Property Subtype Quadruplex

Tax Year 2025

Lease Includes Building Land

Taxes 3101.99

Parcel Number R06015-001-001-000

Gross Income 75600.0

County New Hanover

Operating Expense 8990.0

New Construction N

Property Type Residential Income

In City Limits? (Y/N) Y

Association Amenities See Remarks

HOA N

Attached Garage Y

Subdivision Name Halcyon

Garage Y/N Y

Status Active

Directions Traveling south on Carolina Beach Rd. turn left onto Wellington Ave. duplexes are on the left

High School New Hanover

City Wilmington

Number Of Units Total 4

Lot Size Units Acres

Lot Size Square Feet 13199.0

Carport Spaces 0.0

Carport Y/N N

Green Building Verification Type None

Elementary School Sunset

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 1064800

Legal Description South Wellington Heights and Blk 11 S Wilm Place

Exterior

Exterior Finish Brick Veneer Vinyl Siding

Fencing None

Parking Features Gravel Off Street

Total Parking 1.0

Lot Size Area 0.3

Foundation Details Slab

Spa N

Building Area Total 3542

Lot Dimensions Irregular

Lot Size Acres 0.3

Frontage Type See Remarks

Waterfront Y/N N

Road Frontage Type City Street State Road

Crops Included Y/N N

Horse Y/N N

Internal Only

Street Number 1 14211425

* Excluded Features

List By

Jeffrey G Hovis

Listing Agent

Intracoastal Realty Corp

Broker

jhovis@intracoastalrealty.com

Affordability Calculator

$6,816

Per Month

Monthly Principal & Interest: $6,557
Monthly Property Taxes: $258
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Wilmington, NC

Average List Price ^$952,112

Percent of Sale Price 11%

About Wilmington, NC

122,120 Population

35% Since 2002

^$47,464 Median Income

36.47 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4736179 Elementary School

4736089 Middle School

New Hanover High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/4/2026	$1,065,000		Listed Price

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1421 -1425 Wellington Avenue, Wilmington, NC, 28401 is a Multi-Family Home for sale at $1,065,000 with 3,542 sqft and a lot size of 0.3. 1421 -1425 Wellington Avenue has 9 bedrooms, 4.0 baths, and was built in 1974. The property's zip code is 28401 which is in Wilmington, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Copyright 2019 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

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1421 -1425 Wellington Avenue

Multi-Family Home for sale in Wilmington, NC

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