Multi-Family

1421 -1425 Wellington Avenue, Wilmington

$1,065,000.00

Bedroom 9 bedrooms

  • MLS #: 100564998
  • Address: 1421 -1425 Wellington Avenue, Wilmington, NC 28401
  • Date Listed: 4/4/2026
  • Days on Market: 20
  • Heated SQFT: 13199
  • Lot Description: 0.3 acres
  • Stipulations: Standard
  • Subdivision: Halcyon
  • Listing Office: Intracoastal Realty Corp
  • Agent Name: Jeffrey G Hovis

Location Location

Agent Comments Agent Comments
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.

Interior Features Interior Features
  • Cool System: Central Air
  • Heat System: Electric, Forced Air
  • Floors: Vinyl
  • Interior: See Remarks61

Exterior Features Exterior Features
  • Parking: Gravel, Off Street
  • Roof: Shingle
  • Exterior: Brick Veneer, Vinyl Siding

Additional Features Additional Features
  • County: New Hanover
  • Property Type: Quadruplex
  • Tax Number: R06015-001-001-000
  • Year Built: 1974

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