Skip main navigation
For sale
    • $1,065,000

    1421 -1425 Wellington Avenue, Wilmington, NC 28401

    10beds
    4baths
    3,542sqft
    : 
    $5,998/mo
    Get pre-qualified
    Quadruplex
    Built in 1974
    -- sqft lot
    $1,014,400 Zestimate®
    $301/sqft
    $-- HOA

    What's special

    Off-street parkingCorner lot
    Turnkey 4-unit investment opportunity featuring two duplexes on adjacent lots (sold together). Rare ''quad'' setup ideal for investors seeking immediate cash flow and portfolio expansion. Unit mix includes: one 3BR/2BA, one 2BR/2BA, one 2BR/1BA, and one 3BR/3BA. Property offers off-street parking and garage. Located on a corner lot with O&I zoning, providing flexibility for continued residential use or potential conversion to other permitted uses (buyer to verify). Currently fully income-producing. Conveniently situated near hospital, shopping, businesses, and beaches--strong rental demand area. Great opportunity for investors looking for stable income with upside potential.
    152 days
    158
    10

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffrey G Hovis 910-512-2205,

    Intracoastal Realty Corporation,

    Sky Grainger 910-833-2546,

    Intracoastal Realty Corporation

    Source: Hive MLS,MLS#: 100564998MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 4
      Heating
      • Electric, Forced Air
      Cooling
      • Central Air
      Appliances
      • Laundry: Dryer Hookup, Washer Hookup, Hookup - Dryer
      Features
      • See Remarks
      • Flooring: Vinyl
      • Basement: None
      • Attic: Access Only
      Interior area
      • Total structure area: 3,542
      • Total interior livable area: 3,542 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Gravel, Off Street
      • Attached garage spaces: 1
      Features
      • Levels: One
      • Patio & porch: None
      • Fencing: None
      • Has view: Yes
      • View description: None
      • Frontage type: See Remarks
      Lot
      • Size: 0.3 Acres
      Details
      • Parcel number: R06015001001000
      • Zoning: O&I
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Brick Veneer, Vinyl Siding, Wood Frame
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1974

      Utilities & green energy

      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected
      Green energy
      • Green verification: None

      Community & HOA

      Community
      • Subdivision: Halcyon
      HOA
      • Amenities included: See Remarks
      Location
      • Region: Wilmington

      Financial & listing details

      • Price per square foot: $301/sqft
      • Tax assessed value: $1,064,800
      • Annual tax amount: $3,101
      • Date on market: 4/4/2026
      • Cumulative days on market: 153 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        $1,014,400

        $964,000 - $1.07M

        $1,984/mo

        Price history

        DateEventPrice
        4/4/2026Listed for sale$1,065,000$301/sqft
        Source: Hive MLS #100564998 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Hospital Center

        Getting around

        65 / 100
        Somewhat Walkable
        36 / 100
        Some Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Sunset
        • 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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Wilmington Topics

                Search
                Updates
                Favorites
                Plan
                Inbox