Ad #7797306
MLS #100544737
Rare opportunity! 8 Duplexes in downtown Wilmington next to a
1405 Corbett St A, Wilmington, NC 28401
$5,199,900
--Beds
--Baths
24,768Sqft
0.12Acres
About this property
Rare opportunity! 8 Duplexes in downtown Wilmington next to a new home development in Love Grove. You can really see the time and effort the developer/builder/owner put into making and creating this perfect portfolio compound of major cash flow! 8 Duplexes which breaks down to be 16, 4 bedroom 2 bath units with 1,548 Sqft per unit for a total of 24,768 sqft, 64 bedrooms, 32 bathrooms. All 8 duplexes are side by side and all in a row on the same street. Each duplex is on its own parcel. Every unit has their own driveway and fenced in backyard. There is also a storage unit in the back of every unit. Granite counter tops, stainless steel appliances water proof flooring and so many great features. Floor plans reads 1 bedroom down stairs and 3 upstairs. Floor plans and specs are attached to the mls or can be provided upon request. Each tenant has been handpicked by the owner with long history and track records. Every lease is government backed and guaranteed though Sec8 program. Each tenant had to meet criteria of no previous evictions, no felonies, strong reference from past landlords and wanted to stay at the property for many years after initial lease period. They do not have to be sec8 if not wanted. Currently total rental income a month is about 40k a month or 480k a year! This opportunity gives you the chance to own 8 almost new multifamily properties in a fantastic area in one of the fastest growing cities in the country with a even better return. Easy to manage, fully occupied and like new! Reach out for a private tour or for more information.
Property Features
0 Beds
0 Baths
24,768 Sqft
Built in 2023
0.12 Acres
Shingle Roof
Electric (Heating)
$3,137 / yr property tax
New Hanover County
Love Grove Community
Additional Photos
Contact Information
The Domenico Grillo Real Estate Team
Keller Williams Realty
910-508-7387
Location
Listing Agent: The Domenico Grillo Real Estate Team 910-508-7387
Broker: Keller Williams Realty 910-264-6506 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Keller Williams Realty 910-264-6506 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$5,199,900
--
Beds
--
Baths
24,768
Sqft
1405 Corbett St A, Wilmington, NC 28401
By contacting this agent you agree to these Terms and Conditions.
MLS# 100544737
Rare opportunity! 8 Duplexes in downtown Wilmington next to a
$5,199,900
1405 Corbett St A, Wilmington, NC 28401
--
Beds
--
Baths
24,768
Sqft
0.12
Acres
$5,199,900
1405 Corbett St A, Wilmington, NC 28401
-- Beds
-- Baths
24,768 Sqft
0.12 Acres
Rare opportunity! 8 Duplexes in downtown Wilmington next to a new home development in Love Grove. You can really see the time and effort the developer/builder/owner put into making and creating this perfect portfolio compound of major cash flow! 8 Duplexes which breaks down to be 16, 4 bedroom 2 bath units with 1,548 Sqft per unit for a total of 24,768 sqft, 64 bedrooms, 32 bathrooms. All 8 duplexes are side by side and all in a row on the same street. Each duplex is on its own parcel. Every unit has their own driveway and fenced in backyard. There is also a storage unit in the back of every unit. Granite counter tops, stainless steel appliances water proof flooring and so many great features. Floor plans reads 1 bedroom down stairs and 3 upstairs. Floor plans and specs are attached to the mls or can be provided upon request. Each tenant has been handpicked by the owner with long history and track records. Every lease is government backed and guaranteed though Sec8 program. Each tenant had to meet criteria of no previous evictions, no felonies, strong reference from past landlords and wanted to stay at the property for many years after initial lease period. They do not have to be sec8 if not wanted. Currently total rental income a month is about 40k a month or 480k a year! This opportunity gives you the chance to own 8 almost new multifamily properties in a fantastic area in one of the fastest growing cities in the country with a even better return. Easy to manage, fully occupied and like new! Reach out for a private tour or for more information.
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Property Details
HOME DETAILS
0 Beds
0 Baths
24,768 Sqft
Built in 2023
0.12 Acres
EXTERIOR
Shingle Roof
INTERIOR
Electric (Heating)
FINANCIAL & COMMUNITY
$3,137 / yr property tax
New Hanover County
Love Grove Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7797306
Viewed
47 times
Listing Status
Active
Added
Jun 26, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Hive MLS
Source Property ID
100544737
Listing Agent: The Domenico Grillo Real Estate Team 910-508-7387
Broker: Keller Williams Realty 910-264-6506 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Keller Williams Realty 910-264-6506 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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