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Sold for $450,000
  • $450,000

    1002 S 4th Street, Wilmington, NC 28401

    4beds
    3baths
    1,994sqft
    Triplex
    Built in 1940
    -- sqft lot
    $460,500 Zestimate®
    $226/sqft
    $1,971 Estimated rent

    Home value

    $460,500

    $414,000 - $511,000

    $1,971/mo

    Zestimate® history
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    What's special

    Prime Investment Opportunity in Historic Downtown Wilmington! Attention Investors! Don't miss this exceptional triplex located at 1002 S 4th St in the heart of Historic Downtown Wilmington. This property is fortified with a solid brick exterior and sits prominently on a corner lot, offering excellent curb appeal and long-term stability. The triplex includes two 1-bedroom, 1-bathroom units and one 2-bedroom unit, making it a versatile addition to your rental portfolio. Each unit is easy to rent, ensuring a stable and consistent income stream. With three power meters and a single water meter, utility management is straightforward and efficient.Situated in the desirable south side of Wilmington, this property is perfectly positioned for growth. The excellent location provides plenty of upside for upgrades and rent increases as turnovers occur, allowing you to maximize your return on investment. The area is known for its strong rental demand, ensuring you can keep units occupied with ease.This triplex is not only a stable investment but also an opportunity to add significant value through strategic improvements. Whether you choose to renovate and modernize the units or simply enjoy the steady cash flow, 1002 S 4th St offers immense potential.Seize this rare chance to invest in a prime property in a historic and thriving part of Wilmington.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christian A Cardamone 910-262-3399,

    Aloha Wilmington Real Estate

    Bought with:

    The Domenico Grillo Real Estate Team

    Keller Williams Innovate-Wilmington

    Source: Hive MLS,MLS#: 100451341MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Other, Electric, Natural Gas
    Cooling
    • Wall/Window Unit(s)
    Features
    • Master Downstairs, High Ceilings
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,994
    • Total interior livable area: 1,994 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio, Porch
    • Fencing: Partial
    Lot
    • Size: 2,657 Square Feet
    • Dimensions: 40' x 99'
    • Features: Corner Lot
    Details
    • Parcel number: R05413013022000
    • Zoning: R-5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Brick
    • Foundation: Combination, Slab
    • Roof: Slate
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected, Sewer Available, Water Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Downtown
    HOA
    • Has HOA: No
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $226/sqft
    • Tax assessed value: $166,400
    • Annual tax amount: $1,406
    • Date on market: 6/19/2024
    • Cumulative days on market: 3 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/12/2024Sold$450,000$226/sqft
    Source: Hive MLS #100451341 Report a problem
    6/21/2024Contingent$450,000$226/sqft
    Source: Hive MLS #100451341 Report a problem
    6/19/2024Listed for sale$450,000+423.3%$226/sqft
    Source: Hive MLS #100451341 Report a problem
    6/28/2007Sold$86,000$43/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,919 +101.6%$496,000 +198.1%
    2024$1,448 +3%$166,400
    2023$1,406 -0.6%$166,400
    2022$1,414 -0.7%$166,400
    2021$1,424 +39.2%$166,400 +71.4%
    2020$1,023 $97,100
    2019$1,023 $97,100
    2018$1,023 $97,100
    2017$1,023 -35.8%$97,100 -32.5%
    2016$1,594 +4.6%$143,900
    2015$1,524 +4.4%$143,900
    2014$1,459 $143,900
    2013-- $143,900
    2012-- $143,900 +2.4%
    2011-- $140,465
    2010-- $140,465
    2009-- --
    2008-- --
    2007-- --
    2005-- $81,941
    2004-- $81,941
    2003-- $81,941
    2002-- $81,941
    2001-- $81,941
    2000-- $81,941
    Find assessor info on the county website

    Neighborhood: Dry Pond/Lake Forest

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Snipes
    • Middle: Williston
    • High: New Hanover

    Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $460,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $460,500