Multi-Family

2827 Penn Street, Wilmington

$259,900.00

Bedroom 4 bedrooms

  • MLS #: 100578989
  • Address: 2827 Penn Street, Wilmington, NC 28412
  • Date Listed: 6/4/2026
  • Days on Market: 40
  • Heated SQFT: 10672
  • Lot Description: 0.24 acres
  • Stipulations: Standard
  • Subdivision: Belmont
  • Listing Office: Intracoastal Realty Corporation
  • Agent Name: The Rising Tide Team

Location Location

Agent Comments Agent Comments
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!

Amenities Amenities
  • Dryer

Interior Features Interior Features
  • Cool System: Wall/Window Unit(s)
  • Heat System: Wall Furnace, Natural Gas
  • Floors: Vinyl, Hardwood
  • Interior: 2nd Kitchen

Exterior Features Exterior Features
  • Parking: Gravel, Unpaved
  • Roof: Architectural Shingle,Shingle
  • Exterior: Vinyl Siding

Additional Features Additional Features
  • County: New Hanover
  • Property Type: Duplex
  • Tax Number: R06506-012-006-000
  • Waterfront Features: None
  • Water/Sewer: Public Sewer, Cape Fear Public Utility Authority
  • Year Built: 1942

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