2827 Penn Street Wilmington, NC ^$ 259,900

2827 Penn Street

^$ 259,900

Back to search

Recently Listed

2827 Penn Street

Wilmington, NC, 28412

^$ 259,900

Bedrooms4 Baths2.0 Sq 1,392

Monthly Estimate*

^$ 1,600

2827 Penn Street, Wilmington, NC 28412 - Image 1

2827 Penn Street, Wilmington, NC 28412 - Image 2

2827 Penn Street, Wilmington, NC 28412 - Image 3

2827 Penn Street, Wilmington, NC 28412 - Image 4

2827 Penn Street, Wilmington, NC 28412 - Image 5

2827 Penn Street, Wilmington, NC 28412 - Image 6

2827 Penn Street, Wilmington, NC 28412 - Image 7

2827 Penn Street, Wilmington, NC 28412 - Image 8

2827 Penn Street, Wilmington, NC 28412 - Image 9

2827 Penn Street, Wilmington, NC 28412 - Image 10

2827 Penn Street, Wilmington, NC 28412 - Image 11

2827 Penn Street, Wilmington, NC 28412 - Image 12

2827 Penn Street, Wilmington, NC 28412 - Image 13

2827 Penn Street, Wilmington, NC 28412 - Image 14

2827 Penn Street, Wilmington, NC 28412 - Image 15

2827 Penn Street, Wilmington, NC 28412 - Image 16

2827 Penn Street, Wilmington, NC 28412 - Image 17

2827 Penn Street, Wilmington, NC 28412 - Image 18

2827 Penn Street, Wilmington, NC 28412 - Image 19

2827 Penn Street, Wilmington, NC 28412 - Image 20

2827 Penn Street, Wilmington, NC 28412 - Image 21

2827 Penn Street, Wilmington, NC 28412 - Image 22

2827 Penn Street, Wilmington, NC 28412 - Image 23

2827 Penn Street, Wilmington, NC 28412 - Image 24

2827 Penn Street, Wilmington, NC 28412 - Image 25

2827 Penn Street, Wilmington, NC 28412 - Image 26

2827 Penn Street, Wilmington, NC 28412 - Image 27

2827 Penn Street, Wilmington, NC 28412 - Image 28

Multi-Family Home for sale in Wilmington, NC

for $259,900 with 4 bedrooms and 2 full baths. This 1,392 square foot home was built in 1942 on a lot size of 0.24.

Attention investors and house-hackers! Welcome to 2825 & 2827 Penn Street, a highly desirable side-by-side duplex located in the heart of Wilmington, NC. This rare, low-maintenance income property features two distinct units, making it the perfect addition to any real estate portfolio or an ideal opportunity to live in one side and rent out the other. Each unit boasts a functional layout with classic hardwood flooring, separate utility meters, and a spacious shared yard. Situated in a quiet, established neighborhood with no HOA restrictions, this property offers incredible ease of management and maximum rental flexibility. Enjoy a stellar location just minutes from Downtown Wilmington's historic Riverfront, local dining, shopping, and major transit routes. With a strong historical rental market in the area and immediate cash-flow potential, this duplex is a true ''set-it-and-forget-it'' investment. Opportunities like this on Penn Street don't last long--schedule your tour today and start building equity!

Multi-Family Active

Price

^$ 259,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,268

Style

Duplex

Lot Size

0.24

Year Built

1942

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100578989

Features

Interior

Interior Amenities 2nd Kitchen

Basement None

Flooring Vinyl Hardwood

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 None

Total Bedrooms 4

Total Baths 2

General

Heating Wall Furnace Natural Gas

Cooling Wall/Window Unit(s)

Utilities Natural Gas Available Natural Gas Connected Sewer Available Water Available Electricity Available Electricity Connected Phone Available Sewer Connected Water Connected

Possession Close Of Escrow At Closing

Roof Architectural Shingle Shingle

Appliances Dryer

Zoning R-5

Patio/Porch Features Screened Front Porch Rear Porch

Pool Features None

Construction Materials Vinyl Siding Wood Frame

Year Built 1942

View See Remarks

Levels One

Property Subtype Duplex

Tax Year 2025

Taxes 1268.23

Parcel Number R06506-012-006-000

Waterfront Features 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 Belmont

Garage Y/N N

Status Active

Directions Eastwood left on Military left on College and left on Shipyard then immediately right onto Williamson then left on Rutledge then left on to Penn house at the end of the street on the left.

High School New Hanover

City Wilmington

Number Of Units Total 2

Lot Size Units Acres

Lot Size Square Feet 10672.0

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

Lease Considered Y/N N

Structure Type Wood Frame

Standard Status Active

Tax Assessed Value 215500

Legal Description All 134 + Pt 135 Belmont

Exterior

Exterior Finish Vinyl Siding

Fencing None

Parking Features Gravel Unpaved

Lot Features Corner Lot

Water Source Public

Total Parking 0.0

Lot Size Area 0.24

Foundation Details Crawl Space

Spa N

Building Area Total 1392

Lot Dimensions 82x130x80x134

Lot Size Acres 0.24

Other Parking shed

Frontage Type See Remarks

Waterfront Y/N N

Road Frontage Type Maintained City Street State Road Asphalt

Crops Included Y/N N

Horse Y/N N

Internal Only

Street Number 1 2827

* Excluded Features

List By

The Rising Tide Team

Listing Agent

Intracoastal Realty Corporation

Broker

single@intracoastalrealty.com

Affordability Calculator

$1,706

Per Month

Monthly Principal & Interest: $1,600
Monthly Property Taxes: $106
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Wilmington, NC

Average List Price ^$747,304

Percent of Sale Price 188%

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
6/4/2026	$259,900		Listed Price

Map

More homes like this one

homes for you

See all

2827 Penn Street, Wilmington, NC, 28412 is a Multi-Family Home for sale at $259,900 with 1,392 sqft and a lot size of 0.24. 2827 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

*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.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

2827 Penn Street

Multi-Family Home for sale in Wilmington, NC

Affordability Calculator

Map

More homes like this one

Get more info about this home