Unique opportunity to own a three unit investment property in historic downtown Wilmington. Timeless charm meets modern updates in the Cumming-Taylor House, a stunning Queen Anne residence built in the late 1800's and ideally situated on a quiet brick-lined street in the heart of the historic district.
Rich in character and thoughtfully updated, the home welcomes you with a wraparound front porch leading into a formal foyer. Inside, you'll immediately notice soaring ceilings, hardwood floors, and intricate trim work that reflect the craftsmanship of the era.
The property is configured into three separate units: the first and second floors each offer spacious two bedroom, one bath apartments, while the third floor features a charming one bedroom, one bath unit. An ideal set up for maximizing rental income and cash flow.
Each unit enjoys access to private outdoor spaces, including porches or decks, along with a generously sized fenced backyard. Off-street parking, a rare find in downtown, adds to the property's rental appeal for both short-term and vacation guests.
Located just blocks from the riverwalk, restaurants, shops, and local attractions, this property presents an excellent opportunity as an high-income producing asset for either short term or long term rentals with an established rental history and strong guest reviews.
For sale
$1,075,000
308 Church Street, Wilmington, NC 28401
5beds
3baths
3,125sqft
Triplex
Built in 1889
-- sqft lot
$1,030,700 Zestimate®
$344/sqft
$-- HOA
What's special
Wraparound front porchSoaring ceilingsStunning queen anne residenceHardwood floorsIntricate trim workOff-street parkingGenerously sized fenced backyard
- 124 days
- 464
- 35
Zillow last checked:
Listing updated:
Listed by:
Jesse A Canady 910-231-7377,
Salt and Stone Property Group
Source: Hive MLS,MLS#: 100570893
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Electric Oven, Electric Cooktop, Washer, Refrigerator, Range, Dryer, Dishwasher
- Laundry: Dryer Hookup, Washer Hookup, Hookup - Dryer
Features
- High Ceilings, Ceiling Fan(s), Blinds/Shades
- Flooring: LVT/LVP, Tile, Wood
- Attic: Storage
- Number of fireplaces: 3
- Furnished: Yes
Interior area
- Total structure area: 3,125
- Total interior livable area: 3,125 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off Street
- Uncovered spaces: 1
Features
- Levels: Three Or More
- Patio & porch: Covered, Deck, Wrap Around, Front Porch
- Fencing: Back Yard
- Has view: Yes
- View description: None
- Frontage type: See Remarks
Lot
- Size: 3,049 Square Feet
- Dimensions: 46.33' x 66'
Details
- Parcel number: R05405034005000
- Zoning: HD-R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Wood Siding, Wood Frame
- Foundation: Crawl Space
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1889
Utilities & green energy
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Historic District
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $344/sqft
- Tax assessed value: $659,800
- Annual tax amount: $3,882
- Date on market: 5/1/2026
- Cumulative days on market: 124 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan,1031 Exchange
Estimated market value
$1,030,700
$979,000 - $1.08M
$2,135/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Listed for sale | $1,075,000+38.7%$344/sqft |
Source:  Hive MLS #100570893 Report a problem | ||
| 6/9/2022 | Sold | $775,000+3.3%$248/sqft |
Source: Hive MLS #100325230 Report a problem | ||
| 5/10/2022 | Pending sale | $750,000$240/sqft |
Source: Hive MLS #100325230 Report a problem | ||
| 5/1/2022 | Listed for sale | $750,000+94.8%$240/sqft |
Source: Hive MLS #100325230 Report a problem | ||
| 8/21/2006 | Sold | $385,000$123/sqft |
Source: Hive MLS #30352060 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,883 +14.2% | $659,800 +68.8% |
| 2024 | $3,400 +3% | $390,800 |
| 2023 | $3,302 -0.6% | $390,800 |
| 2022 | $3,322 -0.7% | $390,800 |
| 2021 | $3,344 +11.1% | $390,800 +36.7% |
| 2020 | $3,011 | $285,800 |
| 2019 | $3,011 | $285,800 |
| 2018 | $3,011 | $285,800 |
| 2017 | $3,011 -3.1% | $285,800 +1.9% |
| 2016 | $3,107 +4.6% | $280,400 |
| 2015 | $2,969 +4.4% | $280,400 |
| 2014 | $2,843 | $280,400 +2.7% |
| 2013 | -- | $272,900 |
| 2012 | -- | $272,900 -4.6% |
| 2011 | -- | $286,084 |
| 2010 | -- | $286,084 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $169,340 |
| 2004 | -- | $169,340 |
| 2003 | -- | $169,340 |
| 2002 | -- | $169,340 |
| 2001 | -- | $169,340 |
| 2000 | -- | $169,340 |
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.Climate risks
Neighborhood: Old Wilmington
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.
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