Property 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.
Features
: Forced Air
: Central Air
: Partial
: None
: Porch
: Concrete, Additional Parking
: None
: Sewer Connected, Water Connected
Address Map
US
NC
New Hanover
Wilmington
28409
Beasley
400
Road
W78° 7' 35.9''
N34° 11' 27.7''
Pine Grove to Beasley Rd on right
R-15
Neighborhood
Holly Tree
Hoggard
New Hanover
Roland Grise
MLS Addon
Cadence Realty Corporation
Jarrod Covington
Yes
Yes
$0
Additional Information
1
1302
: Brick, Vinyl Siding
: Slab, Crawl Space
6.0
: Two
irregular
2025-06-12
1
: Public
Listing Information
Luke A Waddell
579508167
579502635
Cadence Realty Corporation
579513877
579502635
Cash,Conventional
Active
2026-05-12T14:27:36Z
HiveMLS
: Standard
2025-06-12T13:32:34Z
400 Beasley
400 Beasley Road, Wilmington, North Carolina 28409
3 Bedrooms
2 Bathrooms
1,302 Sqft
4.36 Acre
$2,800,000
Listing ID #100513158
Basic Details
Property Type : Residential
Listing Type : For Sale
MLS ID : 0398760e210d590e77803eeb8fd0526c
Listing ID : 100513158
Price : $2,800,000
Bedrooms : 3
Bathrooms : 2
Rooms : 5
Lot Area : 4.36 Acre
Square Footage : 1,302 Sqft
Year Built : 2002
Status : Active
Full Bathrooms : 2
Property Sub Type : Single Family Residence
Roof : Shingle
Agent info
101 Village Drive, McCormick SC 29835
Contact Agent