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For sale
    • $1,250,000

    1220 Queen Street, Wilmington, NC 28401

    2beds
    882sqft
    : 
    $7,041/mo
    Get pre-qualified
    Single Family Residence
    Built in 1920
    3,311 Square Feet Lot
    $-- Zestimate®
    $1,417/sqft
    $-- HOA

    What's special

    Five-property income portfolio in downtown Wilmington -- offered as a single transaction. All homes leased and currently producing $96,000 in annual gross rent. Seller has completed significant system upgrades across the portfolio in recent years: new roofs (4 of 5), new HVAC, new windows, new flooring. Concentrated in Wilmington's most active rental corridor -- walking distance to the Cargo District, Castle Street, and the Riverfront. Combined ~5,000 sq ft / 14 BR / 9 BA across five separate parcels. Est. cap rate ~6.9% at asking on current rents. Sold as-is.
    131 days
    219
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Benjamin T Eisenberg 910-619-1533,

    RE/MAX Essential

    Source: Hive MLS,MLS#: 100570339MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Master Bedroom, Bedroom 2, Living Room
      Primary bedroom
      • Level: First
      • Dimensions: 11.5 x 12.9
      Bedroom 2
      • Level: First
      • Dimensions: 10.5 x 12.9
      Kitchen
      • Level: First
      • Dimensions: 6.7 x 16.5
      Living room
      • Dimensions: 11.9 x 16.3
      Heating
      • Other, Electric, Forced Air
      Cooling
      • Central Air
      Features
      • See Remarks61
      • Flooring: Laminate, Wood
      • Has fireplace: No
      Interior area
      • Total structure area: 882
      • Total interior livable area: 882 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Patio & porch: Front Porch
      • Fencing: Partial
      • Has view: Yes
      • View description: None
      • Frontage type: See Remarks
      Lot
      • Size: 3,311 Square Feet
      • Dimensions: 33 x 100
      Details
      • Parcel number: R05410015027000
      • Zoning: R-5
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, See Remarks
      • Foundation: Crawl Space
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Water Connected

      Community & HOA

      Community
      • Subdivision: Dawson-Castle Street
      HOA
      • Has HOA: No
      Location
      • Region: Wilmington

      Financial & listing details

      • Price per square foot: $1,417/sqft
      • Tax assessed value: $195,500
      • Annual tax amount: $1,150
      • Date on market: 4/29/2026
      • Cumulative days on market: 131 days
      • Listing agreement: Exclusive Right To Lease
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,661/mo

        Price history

        DateEventPrice
        4/29/2026Listed for sale$1,250,000+420.9%$1,417/sqft
        Source: Hive MLS #100570339 Report a problem
        11/18/2024Listing removed$239,950$272/sqft
        Source: Hive MLS #100445602 Report a problem
        10/14/2024Listed for sale$239,950$272/sqft
        Source: Hive MLS #100445602 Report a problem
        8/8/2024Listing removed--
        Source: Hive MLS #100445602 Report a problem
        5/20/2024Listed for sale$239,950-4%$272/sqft
        Source: Hive MLS #100445602 Report a problem
        4/17/2024Listing removed--
        Source: Hive MLS #100420359 Report a problem
        1/3/2024Listed for sale$249,900-16.7%$283/sqft
        Source: Hive MLS #100420359 Report a problem
        12/8/2023Listing removed--
        Source: Hive MLS #100396463 Report a problem
        7/26/2023Listed for sale$300,000+1036.4%$340/sqft
        Source: Hive MLS #100396463 Report a problem
        4/27/2012Sold$26,400-72.4%$30/sqft
        Source: Public Record Report a problem
        8/12/2011Listing removed$95,700$109/sqft
        Source: Century 21 Sweyer & Associates` #452940 Report a problem
        8/15/2010Listed for sale$95,700-12.2%$109/sqft
        Source: Century 21 Sweyer & Associates` #452940 Report a problem
        7/8/2009Listing removed$109,000$124/sqft
        Source: Whitney Leonard #413695 Report a problem
        1/16/2009Price change$109,000-7.4%$124/sqft
        Source: Listhub #413695 Report a problem
        8/23/2008Listed for sale$117,700$133/sqft
        Source: Listhub #413695 Report a problem
        7/2/2008Listing removed$117,700$133/sqft
        Source: Century 21 #413695 Report a problem
        4/17/2008Listed for sale$117,700+68.1%$133/sqft
        Source: Century 21 #413695 Report a problem
        8/21/2007Sold$70,000$79/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,151 +60.7%$195,500 +137.5%
        2024$716 +3%$82,300
        2023$695 -0.6%$82,300
        2022$700 -0.7%$82,300
        2021$704 +135.4%$82,300 +189.8%
        2020$299 $28,400
        2019$299 $28,400
        2018$299 $28,400
        2017$299 -19.9%$28,400 -15.7%
        2016$373 +4.6%$33,700
        2015$357 +4.4%$33,700
        2014$342 $33,700
        2013-- $33,700
        2012-- $33,700 -46.7%
        2011-- $63,252
        2010-- $63,252
        2009-- --
        2008-- --
        2007-- --
        2005-- $36,058
        2004-- $36,058
        2003-- $36,058
        2002-- $36,058
        2001-- $36,058
        2000-- $36,058
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Dry Pond/Lake Forest

        Getting around

        70 / 100
        Somewhat Walkable
        34 / 100
        Some Transit
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Forest Hills
        • Middle: Williston
        • High: Hoggard

        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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