Great opportunity to generate income! Welcome to 20 & 22 Virgil Lane in Wilmington, NC. This Fully occupied, duplex offers 3 bedrooms, 2 bathrooms and 1159 soft per unit. Buy and live in one side and rent the other side or buy strictly as an investment and rent out both sides. Rents currently ~4000/month in income with increase potential. Off street parking with paved parking spots. Located just minutes to the Cape Fear River, the port, Novant New Hanover hospital, historic downtown Wilmington and a short drive to local beaches. Interested in expanding your investment portfolio even more? 20-22 Virgil Ln is duplex directly across the parking lot and is being offered separately or combined for a total of four units generating ~8k/month! Low operating expenses and no HOA. Reach out for more details on this amazing investment opportunity.
Legal: Lot 20R-B Virgil Lane S/D Belmont Addition
Sold for $530,000
$530,000
20 22 Virgil Lane #20-22, Wilmington, NC 28412
6beds
4baths
2,310sqft
Duplex
Built in 2008
-- sqft lot
$548,900 Zestimate®
$229/sqft
$2,094 Estimated rent
Home value
$548,900
$516,000 - $582,000
$2,094/mo
Zestimate® history
Owner options
List your home for rent
$2,094/mo
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$2,094/mo
Rent Zestimate®
Refinance and save
$3,122/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,122/mo
Est. payment
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List your homeWhat's special
Paved parking spotsNovant new hanover hospital
Zillow last checked:
Listing updated:
Listed by:
The Rising Tide Team 910-256-4503,
Intracoastal Realty Corporation
Bought with:
Harpo Properties
Keller Williams Innovate-Wilmington
Source: Hive MLS,MLS#: 100420835
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Tankless Water Heater
- Laundry: Washer Hookup, In Kitchen
Features
- None
- Flooring: Carpet, Tile
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 2,310
- Total interior livable area: 2,310 sqft
Property
Parking
- Total spaces: 5
- Parking features: Shared Driveway, Paved
- Uncovered spaces: 5
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Exterior features: None
- Pool features: None
- Fencing: None
- Waterfront features: None
Lot
- Size: 0.34 Acres
- Dimensions: 50 x 180 x 118 x 97 x 61 x 28 x 87
- Features: Dead End
Details
- Parcel number: R06509003004000
- Zoning: R-5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Green energy
- Green verification: None
Community & HOA
Community
- Subdivision: Belmont
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $300,000
- Annual tax amount: $2,535
- Date on market: 1/5/2024
- Cumulative days on market: 224 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2025 | Listing removed | $495,000$214/sqft |
Source:  Hive MLS #100503526 Report a problem | ||
| 4/25/2025 | Listed for sale | $495,000-6.6%$214/sqft |
Source: Hive MLS #100503526 Report a problem | ||
| 5/24/2024 | Sold | $530,000-4.5%$229/sqft |
Source: Hive MLS #100420835 Report a problem | ||
| 4/23/2024 | Pending sale | $555,000$240/sqft |
Source: Hive MLS #100420835 Report a problem | ||
| 1/5/2024 | Listed for sale | $555,000$240/sqft |
Source: Hive MLS #100420835 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Longleaf Park/Sunnyvale
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Nearby schools
GreatSchools rating
- 6/10Sunset Park ElementaryGrades: K-5Distance: 1.6 mi
- 6/10Williston MiddleGrades: 6-8Distance: 3.2 mi
- 3/10New Hanover HighGrades: 9-12Distance: 3.7 mi
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.
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Estimated market value
$548,900
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
$548,900
- North Carolina
- New Hanover County
- Wilmington
- 28412
- Longleaf Park/Sunnyvale
- 20 22 Virgil Lane Unit 20-22
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