Ad #7421823
MLS #100560554
A stabilized, income-producing portfolio rarely comes to market
4946 Wrightsville Ave, Wilmington, NC 28403
$3,495,000
--Beds
--Baths
1,733Sqft
0.22Acres
About this property
A stabilized, income-producing portfolio rarely comes to market in Wilmington's most reliable rental submarket, and when it does, it looks like this. Six single-family homes (each on its own separate parcel) positioned on Wrightsville Avenue and Park Avenue in the 28403 zip code, approximately two minutes from UNCW. All six homes are 4 bedrooms, 3 bathrooms with open-concept living designed for shared occupancy. Every home is fully leased through July of 2026 with five out of the six leases at $3,800 per month and one at $3,600 per month producing $271,200 in gross annual rental income. Then, there are six new leases in place through July of 2027, all at $3,800 per month producing $273,600 in annual gross income. There is no lease-up period, no vacancy risk on the near horizon, and no learning curve. The portfolio is under professional management with online tenant portals and structured lease agreements already in place. Since ownership, gross rents have increased by approximately 12% and multiple capital improvements have been completed across the portfolio (including newer HVAC systems, water heaters, and appliance updates in several units). A full property-by-property improvement summary is available upon request. The location drives consistent tenant demand: approximately 2 minutes to UNCW, 5 minutes to Wrightsville Beach, 10 minutes to Wilmington International Airport, and 15 minutes to downtown Wilmington. This submarket has historically maintained high occupancy and strong lease renewal activity. For a qualified investor seeking immediate income, an experienced buyer completing a 1031 exchange, or an owner-operator looking to acquire a functioning management system alongside the assets themselves, this portfolio represents a rare opportunity to step into a stabilized position in one of coastal North Carolina's most durable rental corridors.
Property Features
0 Beds
0 Baths
1,733 Sqft
Built in 1998
0.22 Acres
Off Street
Shingle Roof
Electric (Heating)
$2,033 / yr property tax
New Hanover County
Not In Subdivision Community
Additional Photos
Contact Information
Gillespie Group
Carolina One Properties Inc.
910-620-4380
Location
Listing Agent: Gillespie Group 910-620-4380
Broker: Carolina One Properties Inc. 910-679-6565 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: Carolina One Properties Inc. 910-679-6565 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
$3,495,000
--
Beds
--
Baths
1,733
Sqft
4946 Wrightsville Ave, Wilmington, NC 28403
By contacting this agent you agree to these Terms and Conditions.
MLS# 100560554
A stabilized, income-producing portfolio rarely comes to market
$3,495,000
4946 Wrightsville Ave, Wilmington, NC 28403
--
Beds
--
Baths
1,733
Sqft
0.22
Acres
$3,495,000
4946 Wrightsville Ave, Wilmington, NC 28403
-- Beds
-- Baths
1,733 Sqft
0.22 Acres
A stabilized, income-producing portfolio rarely comes to market in Wilmington's most reliable rental submarket, and when it does, it looks like this. Six single-family homes (each on its own separate parcel) positioned on Wrightsville Avenue and Park Avenue in the 28403 zip code, approximately two minutes from UNCW. All six homes are 4 bedrooms, 3 bathrooms with open-concept living designed for shared occupancy. Every home is fully leased through July of 2026 with five out of the six leases at $3,800 per month and one at $3,600 per month producing $271,200 in gross annual rental income. Then, there are six new leases in place through July of 2027, all at $3,800 per month producing $273,600 in annual gross income. There is no lease-up period, no vacancy risk on the near horizon, and no learning curve. The portfolio is under professional management with online tenant portals and structured lease agreements already in place. Since ownership, gross rents have increased by approximately 12% and multiple capital improvements have been completed across the portfolio (including newer HVAC systems, water heaters, and appliance updates in several units). A full property-by-property improvement summary is available upon request. The location drives consistent tenant demand: approximately 2 minutes to UNCW, 5 minutes to Wrightsville Beach, 10 minutes to Wilmington International Airport, and 15 minutes to downtown Wilmington. This submarket has historically maintained high occupancy and strong lease renewal activity. For a qualified investor seeking immediate income, an experienced buyer completing a 1031 exchange, or an owner-operator looking to acquire a functioning management system alongside the assets themselves, this portfolio represents a rare opportunity to step into a stabilized position in one of coastal North Carolina's most durable rental corridors.
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Property Details
HOME DETAILS
0 Beds
0 Baths
1,733 Sqft
Built in 1998
0.22 Acres
EXTERIOR
Off Street
Shingle Roof
INTERIOR
Electric (Heating)
FINANCIAL & COMMUNITY
$2,033 / yr property tax
New Hanover County
Not In Subdivision Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7421823
Viewed
144 times
Listing Status
Active
Added
Mar 16, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Hive MLS
Source Property ID
100560554
Listing Agent: Gillespie Group 910-620-4380
Broker: Carolina One Properties Inc. 910-679-6565 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: Carolina One Properties Inc. 910-679-6565 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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