Turnkey Downtown Wilmington Investment - Fully Renovated 3BR/2BA.
Investor opportunity in the heart of Wilmington! This fully renovated 3-bedroom, 2-bath home features a private driveway with dedicated off-street parking for up to three vehicles, a fenced-in yard, and immediate rental income. The property has a tenant in place through June 2027, currently paying $2,100 per month with professional property management already established.
The home underwent an extensive renovation in 2026, completed with full permits and engineering. Improvements include a new roof, windows, electrical, plumbing, HVAC and ductwork, insulation, LVP flooring, kitchen cabinets, appliances, interior finishes, doors and hardware. The floor plan was improved with a second full bathroom, expanded primary bedroom closet and relocated laundry area.
Off-street parking is a standout feature for this downtown location. The private driveway accommodates up to three vehicles, giving residents convenient parking directly on the property without having to rely solely on street parking.
The property also features a fenced-in yard, providing private outdoor space and adding to the home's appeal for both current and future tenants.
With major systems and finishes already updated, this property offers an attractive combination of location, established rental income and low-maintenance ownership. Convenient to Downtown Wilmington, the Castle Street District, restaurants, shopping and entertainment.
Tenant Occupied at $2,100/Month • Lease Through June 2027 • 3 Bedrooms • 2 Full Baths • Fully Permitted & Engineered 2026 Renovation • Private Driveway • Off-Street Parking for Up to 3 Vehicles • Fenced-In Yard
For sale
Price cut: $5K (10/1)
$334,000
1109 Dock Street, Wilmington, NC 28401
3beds
1,005sqft
Single Family Residence
Built in 1940
3,049 Square Feet Lot
$328,800 Zestimate®
$332/sqft
$-- HOA
What's special
Fenced-in yardLvp flooringPrivate outdoor spaceRelocated laundry areaNew roofExpanded primary bedroom closet
- 176 days
- 873
- 98
Zillow last checked:
Listing updated:
Listed by:
Timothy M Hearne 252-229-6387,
Cadence Realty Corporation
Source: Hive MLS,MLS#: 100602868
Originating MLS: Cape Fear Realtors MLS, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Master Bedroom, Bedroom 2, Bedroom 3, Living Room, Dining Room
Primary bedroom
- Level: First
- Dimensions: 10.5 x 9.7
Bedroom 2
- Level: First
- Dimensions: 10.3 x 9.5
Bedroom 3
- Level: First
- Dimensions: 12 x 10.3
Dining room
- Level: First
- Dimensions: 14.7 x 7
Living room
- Level: First
- Dimensions: 14.7 x 13.5
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Built-In Microwave, Refrigerator, Dishwasher, Electric Range
Features
- High Ceilings
- Flooring: LVT/LVP
- Attic: Pull Down Stairs
- Has fireplace: No
Interior area
- Total structure area: 1,005
- Total interior livable area: 1,005 sqft
Property
Parking
- Parking features: On Street, Off Street, On Site
- Has uncovered spaces: Yes
Features
- Levels: One
- Patio & porch: Front Porch, Rear Porch
- Fencing: Privacy,Wood
- View description: None
- Frontage type: See Remarks
Lot
- Size: 3,049 Square Feet
- Dimensions: 54 x 60 x 55 x 60
Details
- Parcel number: R04818029004000
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Fiber Cement, Wood Frame
- Foundation: Crawl Space
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $332/sqft
- Tax assessed value: $260,000
- Annual tax amount: $1,530
- Date on market: 9/11/2026
- Cumulative days on market: 177 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Lease term: 12 Months
Estimated market value
$328,800
$312,000 - $345,000
$1,735/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Price change | $334,000-1.5%$332/sqft |
Source: | ||
| 9/11/2026 | Listed for sale | $339,000-2.9%$337/sqft |
Source: | ||
| 6/25/2026 | Listing removed | $2,100$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/23/2026 | Listing removed | $349,000$347/sqft |
Source: | ||
| 6/16/2026 | Listed for rent | $2,100+44.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/3/2026 | Listed for sale | $349,000-5.4%$347/sqft |
Source: | ||
| 5/23/2026 | Contingent | $368,900$367/sqft |
Source: | ||
| 5/16/2026 | Price change | $368,900-1.6%$367/sqft |
Source: | ||
| 5/9/2026 | Price change | $374,900-1.3%$373/sqft |
Source: | ||
| 4/28/2026 | Listed for sale | $380,000+63.4%$378/sqft |
Source: | ||
| 2/16/2026 | Sold | $232,500-2.7%$231/sqft |
Source: | ||
| 1/30/2026 | Contingent | $239,000$238/sqft |
Source: | ||
| 12/4/2025 | Price change | $239,000-4%$238/sqft |
Source: | ||
| 11/4/2025 | Listing removed | $1,450$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/3/2025 | Listed for sale | $249,000+60.6%$248/sqft |
Source: | ||
| 10/29/2025 | Price change | $1,450-3.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/9/2025 | Listed for rent | $1,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/13/2025 | Listing removed | $1,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/1/2025 | Listed for rent | $1,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/7/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/4/2023 | Price change | $1,500+3.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/20/2023 | Listed for rent | $1,450$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/4/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/14/2023 | Price change | $1,450+7.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/12/2023 | Listed for rent | $1,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/17/2022 | Sold | $155,000+278%$154/sqft |
Source: Public Record Report a problem | ||
| 11/17/2016 | Sold | $41,000$41/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,530 +42.8% | $260,000 +111% |
| 2024 | $1,072 +3% | $123,200 |
| 2023 | $1,041 -0.6% | $123,200 |
| 2022 | $1,047 -0.7% | $123,200 |
| 2021 | $1,054 +84% | $123,200 +126.5% |
| 2020 | $573 | $54,400 |
| 2019 | $573 | $54,400 |
| 2018 | $573 | $54,400 |
| 2017 | $573 -7% | $54,400 -2.2% |
| 2016 | $616 +4.6% | $55,600 |
| 2015 | $589 +4.4% | $55,600 |
| 2014 | $564 | $55,600 |
| 2013 | -- | $55,600 |
| 2012 | -- | $55,600 -18.8% |
| 2011 | -- | $68,476 |
| 2010 | -- | $68,476 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $45,917 |
| 2004 | -- | $45,917 |
| 2003 | -- | $45,917 |
| 2002 | -- | $45,917 |
| 2001 | -- | $45,917 |
| 2000 | -- | $45,917 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Dry Pond/Lake Forest
Nearby schools
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.






