$2,490,000
4515 Greenway Avenue
Wilmington, NC 28403
MLS# 100583829
24 beds  |  18 baths  |  9792 sqft


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Property Description
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.

Details
Maps
Location Information
City Limits: Yes
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 4515
Street Name: Greenway
Street Suffix: Avenue
County: New Hanover
State/Province: NC
Zip Code: 28403
Subdivision: College Park
Geo Lat: 34.235217
Geo Lon: -77.887366
Property Interior Info
ud_i_10: 2
Contract Info
Delayed Marketing?: No
Sub-Type: Duplex
List Price/SqFt: 254.29
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2026-06-23
Listing Price: 2490000
Current Price: $2,490,000
Remarks and Showing
Sign on Property: No
Directions to Property: south on Kerr Ave from Merket St left on Kerr
Building Info
New Construction: No
Property Exterior/Interior Info
Lot Acres: 0.84
Lot SqFt: 36590
Lot Dimensions: Irregular
Waterfront: No
Waterview: No
Location Type: Mainland
# Baths - Total: 18
# Total Units: 4
Fireplace Y/N: No
Owner Occupied: No
Property Mgmt Company: No
Financials Available: Yes
Legal and Taxes
Tax Assessed Value: 1974000
Deed Book: 6558
Deed Page: 1561
Legal: :04919-008-002-000
Broker Owner: Yes
PID: R04919-008-002-000
Tax Identifier: R04919-008-002-000
Plat Book: 6558
Plat Page: 1561
Special Assessments: 0
Tax Year: 2025
Zoning: R-5
HOA: No
Cobra Zone: No
Elementary School: College Park
Middle School: Williston
High School: New Hanover
Year Built: 2022
Showing Instructions
24 Hour Notice: 1
Garage & Parking
Attached Garage Spaces: 0
Detached Garage Spaces: 0
Total # Garage Spaces: 0
Total Carport Spaces: 0
Parking Features
Asphalt: 1
On Site: 1
HOA and Neigh Amenities
See Remarks: 1
Attic
Access Only: 1
Basement
None: 1
Frontage Type
See Remarks: 1
Handicap Accessible
Accessible Entrance: 1
View Type
See Remarks: 1
Construction
Wood Frame: 1
Exterior Finish
Vinyl Siding: 1
Fencing
Other: 1
Foundation
Slab: 1
Flooring
LVT/LVP: 1
Fuel Tank
None: 1
Patio and Porch Features
Porch: 1
Roof
Shingle: 1
Levels
Two: 1
Entry Level Information
Entry Level: 1
Road Type/Frontage
Paved: 1
Public (City/Cty/St): 1
Cooling
Central Air: 1
Heating
Heat Pump: 1
Heating System Fuel Source
Electric: 1
Water Heater
Electric: 1
Utilities
Sewer Available: 1
Water Available: 1
Water Source
Municipal Water: 1
Sewer
Municipal Sewer: 1
Tenant Pays
Electricity: 1
Water: 1
Furnished
Unfurnished: 1
Interior Features
Ceiling Fan(s): 1
Window Features
Thermal Windows: 1
Laundry Location
Hookup - Dryer: 1
Hookup - Washer: 1
Side/Unit 1
Total Rooms: 9
# of Bedrooms: 4
Full Baths: 3
Avg SqFt: 1632
Furnished: No
Rent: 2300
Occupied: Yes
Side/Unit 1 Cooling
Central: 1
Side/Unit 1 Heating
Heat Pump: 1
Side/Unit 1 Rent Frequency
Annual: 1
Side/Unit 2
Total Rooms: 9
# of Bedrooms: 4
Full Baths: 3
Avg SqFt: 1532
Furnished: No
Rent: 2100
Occupied: Yes
Side/Unit 2 Cooling
Central: 1
Side/Unit 2 Heating
Heat Pump: 1
Side/Unit 2 Rent Frequency
Annual: 1
Side/Unit 3
Unit #: 3
Total Rooms: 9
# of Bedrooms: 4
Full Baths: 3
Avg SqFt: 1632
Furnished: No
Rent: 2300
Occupied: Yes
Side/Unit 3 Cooling
Central: 1
Side/Unit 3 Heating
Heat Pump: 1
Side/Unit 3 Rent Frequency
Monthly: 1
Side/Unit 4
Unit #: 4
Total Rooms: 9
# of Bedrooms: 4
Full Baths: 3
Avg SqFt: 1632
Furnished: No
Rent: 2300
Occupied: Yes
Side/Unit 4 Cooling
Central: 1
Side/Unit 4 Heating
Heat Pump: 1
Side/Unit 4 Rent Frequency
Monthly: 1
Property ExteriorInterior Info
# Bedrooms: 24
SqFt - Heated (Primary): 9792
Property Features
Showing Instructions: 24 Hour Notice
Frontage Type: See Remarks
Handicap Accessible: Accessible Entrance
View Type: See Remarks
Attic: Access Only
Basement: None
Construction: Wood Frame
Exterior Finish: Vinyl Siding
Fencing: Other
Foundation: Slab
Fuel Tank: None
Parking Features: Asphalt; On Site
Patio and Porch Features: Porch
Roof: Shingle
Levels: Two
Cooling: Central Air
Heating: Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Sewer Available; Water Available
Water Source: Municipal Water
Sewer: Municipal Sewer
Tenant Pays: Electricity; Water
Flooring: LVT/LVP
Furnished: Unfurnished
Interior Features: Ceiling Fan(s)
Window Features: Thermal Windows
Laundry Location: Hookup - Dryer; Hookup - Washer
HOA and Neigh Amenities: See Remarks

IDX
Listing Office: Coastal Properties

Last Updated: June - 23 - 2026

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