Wilmington, NC 28403 4515 Greenway Avenue
$2,490,000



8 more








Presented By: Mark C Reiser with Coastal Properties.
Home Details
Rare opportunity to acquire a portfolio of three newer duplexes (6 total units) in one of Wilmington's strongest rental corridors near UNCW, Wrightsville Beach, shopping, dining, and Wilmington International Airport. The portfolio consists of six 4-bedroom, 3-bathroom units with strong rental history and professional management systems already in place.
Current gross income is approximately $169,200 annually with upside potential through future lease renewals and rent adjustments. Tenants pay utilities. Properties feature modern floor plans designed for shared occupancy and have benefited from numerous capital improvements and updates.
Sale includes an additional parcel offering potential future development opportunities, subject to buyer due diligence and municipal approvals.
Excellent opportunity for investors seeking immediate cash flow, strong occupancy history, and long-term appreciation potential in a highly desirable Wilmington location.
Portfolio sale includes 271 S Kerr Ave, 4507 Greenway Ave, and 4515 Greenway Ave. Rent rolls, income statements, surveys, floor plans, and additional due diligence materials available upon request.
Seller is a North Carolina Licensed Realtor.
Presented By: Mark C Reiser with Coastal Properties.
Interior Features for 4515 Greenway Avenue
Bedrooms
Total Bedrooms24
Bathrooms
Total Baths18
Other Interior Features
SmokingYNNo
Air Conditioning Y/NYes
Attic FeaturesAccess Only
BasementNone
Basement (Y/N)No
Fireplace Y/NNo
FlooringLVT/LVP
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Laundry FeaturesDryer Hookup, Washer Hookup
Total Stories2
Water HeaterElectric
Window FeaturesThermal Windows
General for 4515 Greenway Avenue
AccessibilityAccessible Entrance
Association AmenitiesSee Remarks
Attached Garage No
Carport Spaces0.0
Carport Y/NNo
CityWilmington
Construction MaterialsVinyl Siding, Wood Frame
CoolingCentral Air
CountyNew Hanover
Directionssouth on Kerr Ave from Merket St left on Kerr
Elementary SchoolCollege Park
Garage Y/NNo
HOANo
HeatingElectric, Heat Pump
High SchoolNew Hanover
Home Warranty Y/NNo
In City Limits? (Y/N)Yes
IslandOrMainlandMainland
Land Lease Y/NNo
Lease Considered Y/NNo
Legal Description:04919-008-002-000
LevelsTwo
Lot Size Square Feet36590.0
Lot Size UnitsAcres
Middle/Junior High SchoolWilliston
New ConstructionNo
Number Of Units Total4
Operating Expense0.0
Parcel NumberR04919-008-002-000
Patio/Porch FeaturesPorch
Property Attached Y/NNo
Property SubtypeDuplex
Property TypeResidential Income
RoofShingle
Standard StatusActive
StatusActive
Structure TypeWood Frame
Subdivision NameCollege Park
Tax Assessed Value1974000
Tax Year2025
UtilitiesSewer Available, Water Available
ViewSee Remarks
Year Built2022
ZoningR-5
Exterior for 4515 Greenway Avenue
Building Area Total9792.0
Crops Included Y/NNo
Exterior FinishVinyl Siding
FencingOther
Foundation DetailsSlab
Frontage TypeSee Remarks
Horse Y/NNo
Lot DimensionsIrregular
Lot Size Acres0.84
Lot Size Area0.84
Parking FeaturesAsphalt, On Site
Road Frontage TypeCity Street, State Road, Paved
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
New Hanover High School
Middle School
Williston Middle School
Elementary School
College Park Elementary School
SQFT • 9,792