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Wilmington, NC 28401 1421 -1425 Wellington Avenue

$1,065,000

1421 -1425 Wellington Avenue Wilmington, NC - Image 11421 -1425 Wellington Avenue Wilmington, NC - Image 21421 -1425 Wellington Avenue Wilmington, NC - Image 3
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Presented By: Intracoastal Realty Corp
  • MLS# 100564998
  • 04/04/2026
  • Request Tour
  • Request Info
  • Beds • 9
  • Baths • 4
  • SQFT • 3,542
  • Garage • 1

Home Details

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.
Presented By: Intracoastal Realty Corp

Interior Features for 1421 -1425 Wellington Avenue

Bedrooms

Total Bedrooms9

Bathrooms

Total Baths4

Other Interior Features

SmokingYNNo
Air Conditioning Y/NYes
Attic FeaturesAccess Only
BasementNone
Basement (Y/N)No
Fireplace Y/NNo
FlooringVinyl
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesSee Remarks61
Laundry FeaturesDryer Hookup, Washer Hookup
Total Stories1
Water HeaterElectric

General for 1421 -1425 Wellington Avenue

Association AmenitiesSee Remarks
Attached Garage Yes
Carport Spaces0.0
Carport Y/NNo
CityWilmington
Construction MaterialsBrick Veneer, Vinyl Siding, Wood Frame
CoolingCentral Air
CountyNew Hanover
DirectionsTraveling south on Carolina Beach Rd. turn left onto Wellington Ave. duplexes are on the left
Elementary SchoolSunset
Garage Y/NYes
Green Building Verification TypeNone
Gross Income75600.0
HOANo
HeatingElectric, Forced Air
High SchoolNew Hanover
Home Warranty Y/NNo
In City Limits? (Y/N)Yes
Land Lease Y/NNo
Lease Considered Y/NNo
Lease IncludesBuilding, Land
Legal DescriptionSouth Wellington Heights and Blk 11 S Wilm Place
LevelsOne
Lot Size Square Feet13199.0
Lot Size UnitsAcres
Middle/Junior High SchoolWilliston
New ConstructionNo
Number Of Units Total4
Operating Expense8990.0
Parcel NumberR06015-001-001-000
Patio/Porch FeaturesNone
Property Attached Y/NNo
Property SubtypeQuadruplex
Property TypeResidential Income
RoofShingle
Standard StatusActive
StatusActive
Structure TypeWood Frame
Subdivision NameHalcyon
Tax Assessed Value1064800
Tax Year2025
Taxes$3,102
UtilitiesElectricity Connected, Sewer Connected, Water Connected
ViewSee Remarks
Year Built1974
ZoningO&I

Exterior for 1421 -1425 Wellington Avenue

Building Area Total3542
Crops Included Y/NNo
Exterior FinishBrick Veneer, Vinyl Siding
FencingNone
Foundation DetailsSlab
Frontage TypeSee Remarks
Horse Y/NNo
Lot DimensionsIrregular
Lot Size Acres0.3
Lot Size Area0.3
Parking FeaturesGravel, Off Street
Road Frontage TypeCity Street, State Road
SpaNo
Total Parking1.0
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Williston Middle School
High School New Hanover High School
Elementary School Sunset Elementary School

Holly Segur

Lead Generator
Price $1,065,000
MLS#100564998
List Date 04/04/2026
Property Type Multi-Family
Phone
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Request Info

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