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Off market
  • $1,231,700

    307 Harnett St, Wilmington, NC 28401

    8beds
    4baths
    4,280sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $1,231,700 Zestimate®
    $288/sqft
    $2,507 Estimated rent

    Home value

    $1,231,700

    $1.13M - $1.33M

    $2,507/mo

    Zestimate® history
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    $7,374/mo

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    What's special

    Investors take note! Beautifully remodeled Quadraplex within a few blocks from the new Live Nation Riverfront Amphitheater in Wilmington. Great income potential as a short term rental machine (not restricted per CBD zoning) or a more hands off approach with long term residential rentals or offices. The blend of historic charm and modern amenities will contribute toward maximizing profits. Three units have just been updated with refinished hardwood flooring, granite countertops, new cabinets and vanities, stainless steel appliances. The building previously underwent full renovation and addition, all to commercial construction standards, including all separately metered utilities. Each of the four 2 bedroom 1 bath units feature oversized windows for lots of natural light, private rear entrances, spacious bedrooms, ample closet space, off street parking, and a laundry room. Tenants can enjoy the shaded porches on both sides as well as the private back yard. CBD zoning and rear lot space allow for potential to double the unit count and still keep off street parking. Buyer to confirm. Just out back is the 1898 memorial park, which makes a great neighbor. Additionally this location offers incredible walk-ability to some of Downtown Wilmington's best attractions including; Cape Fear Community College, PPD corporate headquarters, Live Oak Bank Pavilion, The Wilson Center, the Brooklyn arts district (a vibrant and growing area with restaurants, shopping, bars, and music), the Port City Marina, the Wilmington Downtown Riverfront, and much more. The history of this area is as fascinating as its' future is bright. Here is your chance to own a solid income generator in the heart of one of the most exciting continuous urban transformations in America.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Other
    Cooling
    • Central
    Features
    • Basement: None
    Interior area
    • Total interior livable area: 4,280 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 9,147 Square Feet
    Details
    • Parcel number: R04809036017000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Metal
    Condition
    • Year built: 1920

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $200 monthly
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $288/sqft
    • Tax assessed value: $937,400
    • Annual tax amount: $5,985

    Price history

    DateEventPrice
    3/17/2022Sold$1,190,000-0.8%$278/sqft
    Source: Hive MLS #100295797 Report a problem
    2/9/2022Pending sale$1,200,000$280/sqft
    Source: Hive MLS #100295797 Report a problem
    1/31/2022Price change$1,200,000-7.7%$280/sqft
    Source: Hive MLS #100295797 Report a problem
    11/5/2021Price change$1,300,000-16.1%$304/sqft
    Source: Hive MLS #100295797 Report a problem
    10/20/2021Listed for sale$1,550,000+276.2%$362/sqft
    Source: Hive MLS #100295797 Report a problem
    4/24/2007Sold$412,000$96/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,985 +84.7%$937,400 +170.4%
    2024$3,241 +2.7%$346,700
    2023$3,154 -0.5%$346,700
    2022$3,171 +0.5%$346,700
    2021$3,157 +19.8%$346,700 +47.8%
    2020$2,634 $234,500
    2019$2,634 $234,500
    2018$2,634 $234,500
    2017$2,634 -3.5%$234,500 -4.8%
    2016$2,729 +4.6%$246,300
    2015$2,608 +4.4%$246,300
    2014$2,497 $246,300
    2013-- $246,300
    2012-- $246,300 -18.4%
    2011-- $301,774
    2010-- $301,774
    2009-- --
    2007-- $95,038 -19.9%
    2005-- $118,608
    2004-- $118,608
    2003-- $118,608
    2002-- $118,608 +12.4%
    2001-- $105,488
    Find assessor info on the county website

    Neighborhood: Upper Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,231,700
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    Estimated market value
    $1,231,700