USANCWilmingtonNot in Subdivision4946 Wrightsville Ave

New

$3,495,000

For Sale

A day ago

4946 Wrightsville Ave, Wilmington, NC

Name: 4946 Wrightsville Ave, For Sale in Wilmington - eXp Realty
Brand: Carolina One Properties Inc.
SKU: 100560546
Price: 3495000 USD

House

MLS® 100560546

4 Bed

3 Bath

1733 sqft

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 1733 sqft

Garage No

Taxes $2,033

Days Active 1

Lot Size 0.22 acres

Approx. Age 1998

Avg. Price Per Sqft $2,016

MLS® Number 100560546

Property Address: 4946 Wrightsville Ave, Wilmington, NC, 28403-5287

Average square foot calculated using Size range provided by listing agent.

Description

A stabilized, income-producing portfolio rarely comes to market in Wilmington's most reliable rental submarket, and when it does, it looks like this. Six single-family homes (each on its own separate parcel) positioned on Wrightsville Avenue and Park Avenue in the 28403 zip code, approximately two minutes from UNCW. All six are 4 bedrooms, 3 bathrooms with open-concept living designed for shared occupancy. All six are homes are fully leased through July of 2026 with five out of the six leases at $3, 800 per month and one at $3, 600 per month producing $271, 200 in gross annual rental income. Then, there are six new leases in place through July of 2027, all at $3, 800 per month producing $273, 600 in annual gross income. There is no lease-up period, no vacancy risk on the near horizon, and no learning curve. The portfolio is under professional management with online tenant portals and structured lease agreements already in place. Since ownership, gross rents have increased by approximately 12% and multiple capital improvements have been completed across the portfolio (including newer HVAC systems, water heaters, and appliance updates in several units). A full property-by-property improvement summary is available upon request. The location drives consistent tenant demand: approximately 2 minutes to UNCW, 5 minutes to Wrightsville Beach, 10 minutes to Wilmington International Airport, and 15 minutes to downtown Wilmington. This submarket has historically maintained high occupancy and strong lease renewal activity. For a qualified investor seeking immediate income, an experienced buyer completing a 1031 exchange, or an owner-operator looking to acquire a functioning management system alongside the assets themselves, this portfolio represents a rare opportunity to step into a stabilized position in one of coastal North Carolina's most durable rental corridors.

MLS® Number100560546

Laundry Level

Central VacNo

FireplaceNo

Acreage0.22

Exterior

GarageNo

Approx. Age1998

Basement

DrivewayShared Driveway, Off Street, On Site

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 16, 2026List Date

$3,495,000List Price

Home Appraisal

This property is estimated to sell between: $424,000 and $5,031,000.

Similar properties in this area sold on average for: $424,250

Expected to sell in 18 days. Similar properties sold in 19 days. This home has been on eXp Realty for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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