Property Description

11-Home Portfolio | $270K+ Annual Income | Fully Occupied | Wilmington, NC. Turnkey investment opportunity with 11 fully occupied, low-maintenance single-family homes—all within 1 mile of each other. Tenants pay all utilities, and recent upgrades totaling over $200K (roofs, HVACs, windows, flooring, paint) mean minimal maintenance is needed moving forward.

This portfolio brings in over $270,000/year in government-backed rent, with rent increases already set for October and pro forma income projected near $300K by 2026.

Ideally located near the iconic Indochine restaurant, UNCW, and major job centers. Surrounded by new development and positioned near the planned Independence Blvd extension, this area is poised for continued growth—making this a strategic, cash-flowing opportunity in one of Wilmington’s fastest-growing pockets.

Rent roll and Section 8 docs available upon request.

Features
: Electric
Address Map
US
NC
New Hanover
Wilmington
28405
Emory
1101
Street
Market Street to Princess Place Drive to N. 30th Street, left on Emory Street.
MD-17
MLS Addon
East Atlantic Realty LLC
Adam Hashem
Yes
Yes
$0
Additional Information
irregular
2025-07-02
Listing Information
579514011
579503551
1031 Exchange,Cash
Expired
2026-01-13T07:20:28Z
HiveMLS
: Standard
2026-01-13T06:00:00Z

1101 Emory

1101 Emory Street, Wilmington, NC 28405

0.25 Acre
$2,750,000
Listing ID #100517139
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
MLS ID : 37ef04dc6df3fffcef556454e52c828b
Listing ID : 100517139
Price : $2,750,000
Lot Area : 0.25 Acre
Year Built : 1971
Status : Expired
Agent info
Contact Agent