400 Beasley Road, Wilmington, NC 28409
$2,800,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,302
Lot Size (sq. ft.):
189,922
Status:
Active
Current Price:
$2,800,000
List Date:
6/12/2025
Last Modified:
3/02/2026
Overview
Description
Turnkey 9-unit residential portfolio offered with roughly two additional contiguous acres of adjacent land in a prime infill location - total acreage of site is 4.36 ac. Fully leased and well-maintained, this stabilized income-producing asset presents both immediate cash flow and long-term upside. The property features a mix of unit types, some with garages, and sits within a strong rental submarket. The additional acreage offers excellent development potential for expansion, subdivision, or future redevelopment. A rare opportunity to acquire both rental income and infill land in a single package.
Seller's are listing brokers and licensed NC Real Estate Brokers.
Listing Details MLS# 100513158
Contract Info
- Sub-Type
- Single Family Residence
- Construction Type
- Stick Built
- Delayed Marketing?
- No
- Marketing Start Date
- 2025-06-12
- Listing Price
- 2800000
- List Price/SqFt
- 2150.54
- Stipulation of Sale
- Standard
Location Information
- Street #
- 400
- Street Name
- Beasley
- Street Suffix
- Road
- County
- New Hanover
- State/Province
- NC
- Zip Code
- 28409
- City Limits
- Yes
- Marketing City
- Wilmington
- Subdivision
- Not In Subdivision
- Secondary Subdivision
- N/A
Remarks and Showing
- Directions to Property
- Pine Grove to Beasley Rd on right
- Sign on Property
- No
Property Exterior Info
- New Construction
- No
- Lot Acres
- 4.36
- Lot SqFt
- 189922
- Lot Dimensions
- irregular
- Waterfront
- No
- Location Type
- Mainland
Property Interior Info
- SqFt - Heated (Primary)
- 1302
- Total SqFt - Heated (Primary + Separate)
- 1302
- # Rooms
- 5
- # Baths - Full
- 2
- # Baths - Total
- 2
- # Bedrooms
- 3
- Master Bedroom Level
- Primary Living Area
- Stories
- Yes
- Fireplace Y/N
- No
- # Baths - Half
- 0
Legal Taxes
- Year Built
- 2002
More Information
Building/Ext Features
- ud_i_08
- 0
Legal & Taxes
- Tax Assessed Value
- 437200
- Deed Book
- 6340
- Deed Page
- 961
- Legal
- Multiple Parcels
- Broker Owner
- Yes
- PID
- R06120-007-018-000
- Tax Identifier
- R06120-007-018-000
- Plat Book
- No
- Plat Page
- No
- Special Assessments
- None
- Tax Year
- 2025
- Zoning
- R-15
- HOA
- No
- Cobra Zone
- No
- School District
- New Hanover
- Elementary School
- Holly Tree
- Middle School
- Roland Grise
- High School
- Hoggard
Garage & Parking
- Attached Garage Spaces
- 2
- Detached Garage Spaces
- 4
- Total # Garage Spaces
- 6
- Total Carport Spaces
- 0
Parking Features
- Additional Parking
- Yes
- Concrete
- Yes
Construction
- Wood Frame
- Yes
Exterior Finish
- Brick
- Yes
- Vinyl Siding
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
Fencing
- Partial
- Yes
Foundation
- Crawl Space
- Yes
- Slab
- Yes
Patio and Porch Features
- Porch
- Yes
Roof
- Shingle
- Yes
Levels
- Two
- Yes
Road Type/Frontage
- Public (City/Cty/St)
- Yes
Cooling
- Central Air
- Yes
Heated SqFt
- 1200 - 1399
- Yes
Heating
- Forced Air
- Yes
Heating System Fuel Source
- See Remarks
- Yes
Utilities
- Sewer Connected
- Yes
- Water Connected
- Yes
Sewer
- Municipal Sewer
- Yes
Water Source
- Municipal Water
- Yes
Interior Features
- None
- Yes
Dining Room Type
- Combination
- Yes
Property Features
Construction:
Wood Frame
Exterior Finish:
Brick; Vinyl Siding
Fencing:
Partial
Foundation:
Crawl Space; Slab
Parking Features:
Additional Parking; Concrete
Patio and Porch Features:
Porch
Roof:
Shingle
Levels:
Two
Cooling:
Central Air
Heating:
Forced Air
Heating System Fuel Source:
See Remarks
Utilities:
Sewer Connected; Water Connected
Sewer:
Municipal Sewer
Water Source:
Municipal Water
Interior Features:
None
Heated SqFt:
1200 - 1399
Dining Room Type:
Combination
Terms:
Cash; Conventional
Listing Office:
Cadence Realty Corporation
IDX
Last Updated: March - 02 - 2026
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