Property Description

Introducing one of the most unique investment offerings on Wrightsville Beach. Located just steps from the sand, 12 Nathan Street features six grandfathered rental units on a valuable 50×90 R2-zoned lot.

The property includes:

Four 1-bedroom units in the main house
Two 2-bedroom units in a detached accessory dwelling unit (ADU)
All six units are currently leased at strong rental rates, providing immediate cash flow. Detailed financials are available upon request.

This is a unique opportunity to:

Renovate and reposition the property as a high-yield short-term rental portfolio, capitalizing on Wrightsville Beach’s thriving vacation market
Or, for developers, redevelop the lot into a luxury duplex with potential ocean views to the east over Crystal Pier and west-facing views of Banks Channel
Short-term rental projections available from MiraMar Vacation Rentals upon request. Opportunities of this scale and flexibility are seldom available in Wrightsville Beach—don’t miss your chance to invest in one of North Carolina’s most desirable beach communities.

Features
: Forced Air, Propane
: Wall/Window Unit(s)
: None
: Deck, Porch
: Aggregate, Gravel
: Ceiling Fan(s)
: None
Address Map
US
NC
New Hanover
Wrightsville Beach
28480
Nathan
12
Street
W78° 11' 37''
N34° 11' 38.6''
Over Wrightsville Beach drawbridge, stay right at fork into Causeway Drive, cross over Banks Channel Bridge, right onto Waynick, and left on Nathan Street - house is on the right
R2
Neighborhood
Wrightsville Beach
Hoggard
Noble
MLS Addon
Cadence Realty Corporation
Ross Tomaselli
Yes
Yes
$0
Additional Information
3682
: Block, Asbestos
: Block
: Two
95x50
4
2026-01-01
2495000
2
https://arisayoon.pic-time.com/Mwe7N3VIRAD7w
Listing Information
579514211
579502635
Closed
2026-06-08T21:15:22Z
HiveMLS
: Standard
2026-05-21T20:50:17Z

12 Nathan

12 Nathan Street, Wrightsville Beach, North Carolina 28480

8 Bedrooms
6 Bathrooms
0.11 Acre
$2,060,000
Listing ID #100513730
Basic Details
Property Type : Residential Income
Listing Type : For Sale
MLS ID : 749c84198427a948fded10dc059ee2ec
Listing ID : 100513730
Price : $2,060,000
View : Sound,Ocean
Bedrooms : 8
Bathrooms : 6
Lot Area : 0.11 Acre
Year Built : 1941
Status : Closed
Property Sub Type : Quadruplex
Roof : Architectural Shingle
Agent info
Contact Agent