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Duplex

1504 Orange Street, Wilmington, North Carolina
Price: $539,000.00
Listed:03-22-2025
  • Viewed - 156
  • Bookmark - 24
HomeDuplexNorth Carolina Wilmington
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Type
Duplex
Square Feet
Bedrooms
3 Bedrooms
Bathrooms
2 Full

About This Listing

Turnkey investment opportunity in the heart of Wilmington! This permitted duplex-style property is ideal for investors, house hackers, or flexible living arrangements. The main house features two bedrooms, one bath, and a brand-new kitchen with washer/dryer, fridge, stove, and dishwasher. The attached studio, with its own private entrance, offers a full kitchen and bath, perfect for rental income or a guest suite. This property is fully furnished and has generated $40,000 in rental revenue over the past 12 months from a mix of month-to-month and short-term rentals. Recent updates include HVAC modifications, a new mini-split for the studio, sealed crawl space with dehumidifier, Foamax insulation, and a 20-foot sewer line replacement. The back gate has been widened for easy access, and both HVAC systems were serviced in September 2024. With a certificate of occupancy post-renovation, this property is ready to generate income from day one. Located in a highly walkable area, this home is just minutes from Wilmington's booming Cargo District, a creative hub filled with breweries, coffee shops, boutiques, and repurposed shipping container spaces. It's also a short walk to Castle Street's thriving arts and dining scene, home to vintage shops, local galleries, and some of the city's most talked-about restaurants. Easy access to downtown, the Riverwalk, and area beaches makes this an ideal location for both residents and renters alike. Don't miss this prime investment in one of Wilmington's most sought-after areas!

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Details

  • Property Id: 100496102
  • Parcel Number : R05406-011-021-000
  • Bathrooms: 2
  • Bedrooms: 3
  • Available from: 03-22-2025
  • Price: $539,000.00
  • Type: Duplex

Features

Interior Features

Bedroom Information:

  • Total Bedrooms: 3

Bathroom Information

  • Total Baths: 2.00

Room Information:

  • Other Rooms: 2
Exterior Features

Building Information:

  • Year Built: 1923
Property / Lot Details

Lot Information

  • Waterfront: No

Property Information

  • Property Type: C
  • Sub Type: Duplex
  • Subdivision: Not In Subdivision
  • Construction Materials: No
Listing Information

Listing Price Information:

  • Listing Id: 100496102
  • List Price Tot SqFt: 418.48
Taxes / Assessments

Tax Information:

  • Parcel Number: R05406-011-021-000
  • Tax Map Number: R05406-011-021-000
  • Tax Year: 2024
  • Taxes: 154200.00
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association

Homeowners Association Information

  • HOA: No
School, Utilities & Location Details

School Information:

  • Elementary School: Snipes
  • Junior High School: Williston
  • Senior High School: Hoggard

Location Information:

  • Direction: From Castle St, turn right onto S 17th St, left onto Orange St, home will be on the left

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